Trade groups and professional organizations are an excellent illustration of the old adage that “It’s not what you know, but who you know that makes the difference.” By joining trade organizations, professionals in any industry are afforded the opportunity to not only network with peers for their own benefit, but also to become an invaluable source of information and support to others.
Maintaining those networks and forging new connections is the mission of the Bronx-Manhattan North Association of Realtors (BMAR). The BMAR is a professional trade association that has officially represented the real estate industry since 1924, and is the local chapter for the New York State and National Association of Realtors (NAR).
According to Matthew Engel, BMAR's 2010 president, the organization is composed of a broad base of professionals including licensed real estate brokers and agents; multifamily property owners; building service vendors and suppliers; property managers; attorneys; appraisers; banks; mortgage companies; fuel service and energy companies; title and abstract companies; insurance companies and insurance brokers; contractors and other companies servicing the real estate industry.
The organization is run by many volunteers, including the president, treasurer and secretary, as well as vice presidents of the Bronx Residential Division, the Manhattan Residential Division, Owner Management, and the Commercial/Industrial Division. There is also a Board of Governors, but BMAR's Chief Executive Officer Nunzio Del Greco holds the only salaried position.
Mission and Roots
According to Del Greco, “We service not only the real estate industry but the business community throughout the New York metropolitan region. Our members are not just located in the Bronx and Manhattan, but we have members in Westchester, Long Island, and even Brooklyn. And we represent not only the real estate industry but the business community. Our membership is very broad-based. It includes licensed real estate brokers, licensed real estate attorneys, accountants, title companies, banks, mortgage companies, contractors, anyone that is affiliated or services the real estate industry can be active and has a networking home through BMAR.”