DEFINITION of 'Realtor Property Resource (RPR)'

A National Association of Realtors (NAR) member benefit that provides realtors with online access to comprehensive real estate market data, analytics and reports for each of NAR's constituencies. It includes a national database of more than 147 million residential and commercial properties in the U.S., including information on zoning, permits, mortgage and lien data, schools and foreclosures. The Realtors Property Resource (RPR) is available only to NAR members and is included in yearly NAR dues.

 

BREAKING DOWN 'Realtor Property Resource (RPR)'

The National Association of Realtors is a trade association in the U.S. whose membership is composed of residential and commercial realtors who are appraisers, brokers, counselors, property managers, salespeople and others participating in all aspects of the real estate industry. NAR promotes professional development, research and information exchange between its one million-plus members and the public and government, with the intent of preserving the free enterprise system and the right to own real property.

NAR member benefits include personal insurance options; electronics and mobile technology; travel and automotive discounts; financial services and risk management programs; office supplies and services; marketing resources; digital and printed books, journals, reports and guides; research and statistics; consumer outreach; and educational tools. An additional member benefit is Realtors Property Resource, a database of U.S. properties developed to help real estate professionals better meet the needs of their clients. RPR is available to all realtors and has tools for residential and commercial agents and brokers, appraisers, associations, and MLS (multiple listing service) companies. The only way for a non-realtor to access this information is through a RPR report that has been created, branded and sent by a realtor.

Realtors Property Resource is a wholly owned subsidiary of the National Association of Realtors, incorporated in November 2009, and is 100% owned, operated and controlled by the members of NAR.

RELATED TERMS
  1. Realtor

    A real estate professional who is a member of the National Association ...
  2. National Association of Realtors ...

    A national organization of real estate brokers. The National ...
  3. Pending Home Sales Index - PHSI

    An index created by the National Association of Realtors (NAR) ...
  4. Curb Appeal

    The general attractiveness of a house or other piece of property ...
  5. Real Estate Agent

    A person with a state/provincial license to represent a buyer ...
  6. Open House

    A scheduled period of time in which a house or other dwelling ...
Related Articles
  1. Investing

    Before you Buy That Home: Find a Great Realtor

    Most people think of a good realtor as a successful salesperson, but we should not assume than that's what makes a great or even a good realtor.
  2. Investing

    What Are The Differences Among A Real Estate Agent, A Broker And A Realtor?

    All three work in the real estate field, but there are differences between the job descriptions.
  3. Financial Advisor

    Why Realtors Have Fiduciary Responsibilities

    Find out why real estate agents are considered to have a legal fiduciary responsibility to uphold the best interests of their clients.
  4. Investing

    6 Questions For Your Realtor

    A good real estate agent can guide you through every step of buying or selling a home. These questions can help you find the right one.
  5. Investing

    6 Steps to Becoming a Real Estate Agent

    Thinking of becoming a real estate agent? Take these steps seriously and you'll have your first "sold" sign up with your savings account still intact.
  6. Investing

    Find Income-Generating Properties Online

    Discover the best websites for finding valuable properties that can earn you income.
  7. Managing Wealth

    The Truth About Real Estate Prices

    Historical housing price data suggests ongoing increases in housing prices, but these numbers don't tell the whole truth.
  8. Financial Advisor

    Real Estate Careers And Their Designations

    The real estate industry offers a wide variety of career opportunities and dozens of designations to increase your skills.
  9. Investing

    Understanding Real Estate

    Real estate is an encompassing term that refers to land, the buildings on that land, and its natural resources, such as crops and minerals.
  10. Investing

    7 Steps To A Hot Commercial Real Estate Deal

    For savvy real estate investors, times of lower prices reveal investment opportunity.
RELATED FAQS
  1. What are the differences among a real estate agent, a broker and a realtor?

    Learn how agents, realtors and brokers are often considered the same, but in reality, these real estate positions have different ... Read Answer >>
  2. Where do you get real estate leads?

    Gather information and keep in touch through networking without bombarding clients or you may risk losing a client in a challenging ... Read Answer >>
  3. What economic indicators should an investor in the real estate sector consider?

    Find out about economic indicators and which indicators investors in the real estate sector should take into account before ... Read Answer >>
  4. How much of the global economy is comprised of the real estate sector?

    Find out how much of the global economy consists of the real estate sector, including output from commercial and residential ... Read Answer >>
  5. What does asset management mean in regards to real estate?

    Find out what role asset managers play in the real estate markets, how real estate portfolios are selected and why entrepreneurial ... Read Answer >>
  6. What are the differences between investing in real estate and stocks?

    Invest in real estate by purchasing physical property or buildings, or invest in stocks by buying a claim to a company and ... Read Answer >>
Hot Definitions
  1. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  2. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  3. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  4. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  5. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  6. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
Trading Center