REALTOR® Crisis Fund
What is the REALTOR® Crisis Fund?
As 1099 independent contractors, REALTORS® are often hard-pressed to adequately save for unexpected emergencies or life problems. Therefore, concerned members of our association, with the support from the Board of Directors, created REALTOR® Crisis Fund in 2003 to help NEAR REALTORS® who face extraordinary financial need. Since the Fund was created, it has helped – and continues to help – members with fire, floods, disasters, severe health issues, domestic violence issues, and more. While all awards are confidential, I can tell you that since it’s creation, the fund has helped almost 90 NEAR REALTORS® in dire need and distributed more than $54,000.
NEAR is one of the few REALTOR® Associations in the country with such a program. It’s principally funded by member donations, particularly our annual gala auction and raffle, and supplemented by fees for non-member REALTORS® on the NEAR Caravan/Broker Tour.
All requests for REALTOR® Crisis Fund assistance are reviewed by the NEAR Executive Committee, which also makes all decisions regarding funding. All inquiries are treated with confidentiality.