National Association of Realtors downsizing by 10%

Agbeat reports:

Rumors of layoffs have been flying for months, quietly echoing in the halls of the National Association of Realtors (NAR), the largest trade association in the world. Chicago computers have been humming with updating of resumes as NAR staff anxiously awaits the possibility of their job on the guillotine.

NAR Chief Executive Officer, Dale Stinton informed us that internally, leadership and staff were told in March that as part of the annual budget process for 2012, NAR was going to “reduce headcount (mostly through attrition) by about 10 percent.”

Great moments in real estate.