National Association of Realtors

Rating Overview

National Association of Realtors is High Risk.

The National Association of Realtors (NAR) is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. National Association of Realtors embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	High Risk
Discriminatory Philanthropy	Lower Risk
Employment Protection	High Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	Medium Risk
Funding	Medium Risk
Political Actions	High Risk

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization

Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

High

Rationale:

The National Association of Realtors implemented a policy through its Code of Ethics stating that “realtors must not use harassing speech, hate speech, epithets, or slurs based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity.” A Christian realtor was informed that he could not continue to speak publicly about his Christian views regarding LGBTQ+ issues according to the company’s new Code of Ethics (1). These views would allegedly be considered hate speech, even if posted on one’s own social media. Rather than recant his statements, the realtor let his license expire due to the new policy (2).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

The National Association of Realtors does not discriminate against charitable organizations based on views or beliefs. The REALTORS® Relief Foundation focuses its funding on natural disaster recovery (1)(2).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

High

Rationale:

The National Association of Realtors released “Implicit-Bias Training” for its associates (1). The company does not provide viewpoint protections for its employees (2)(3).

Corporate Governance and Public Policy

Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

The National Association of Realtors aligned its policies to ensure realtors were upholding Fair Housing protections for the LGBTQ community (1).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Medium

Rationale:

The National Association of Realtors is a partner of the LGBTQ+ Real Estate Alliance (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

High

Rationale:

The National Association of Realtors donated to the Equality PAC and Progressive Choices PAC. The company also lobbied for the Equality PAC (1)(2)(3).