Two of Maricopa County’s four Realtor associations are considering a merger.
In a joint announcement, the Southeast Valley Regional Association of Realtors (SEVRAR) and the West Maricopa County Regional Association of Realtors said they’ve been discussing a merger and that “the discussions created an undeniable synergy between” them.
Both were formed in 1946.
SEVRAR CEO Pamela Frestedt said while a merger would primarily impact members, buyers and sellers would indirectly benefit from an even more educated group of Realtors.
She stressed that SEVRAR already runs “an education program almost every day” for members at no cost, because that effort is covered in their association dues.
“It’s more for the membership,” Frestedt told the West Valley View. “We’re all about education and professional standards. But that can’t help benefit consumers in the long run.”
SEVRAR serves over 13,700 Realtors and affiliates throughout Ahwatukee, Apache Junction, Chandler, Gilbert, San Tan Valley, Guadalupe, Mesa, Queen Creek, Gold Canyon, Sun Lakes, and Tempe. WeMAR serves over 10,000 brokers and agents throughout Avondale, Buckeye, El Mirage, Glendale, Gila Bend, Goodyear, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson, Youngtown, Waddell, Wickenburg as well as the Douglas and Western Pinal Chapters.
Members of both associations will vote in person at a meeting in mid-March following a series of town hall meetings for them, Frestedt said.
A merger would provide “new advantages to agents that include expanded benefits and services, economies of scale and access to multiple locations throughout the Valley. Broker benefits include a stronger relationship with the Arizona Department of Real Estate, a reduction in processes and fees, special broker support and a broker liaison,” the associations’ joint release said.
For the industry at larger, they added, benefits would include “additional opportunities for professional engagement and recognition, expansion of community outreach and programs and increased efforts to protect members and their businesses.”
Derek Anglin, SEVRAR president, said, “Because our members are the heart and purpose of our Association, we’re not taking this opportunity lightly. Merging our associations has to create value for our members.”
Added WeMAR President M. Teresa Rubio-Acuna: “With these similarities and strengths, it makes sense to unite efforts and become one to provide more value for our members.”
Both SEVRAR and WeMAR provide real estate advocacy, education, networking events, business services and other benefits to members.
In the statement, they touted their “strong leadership, financial discipline, positive cultures and unique philosophies.”