Realtors, the members of the National Association of Realtors, are the largest trade association in North America. It represents over 1.2 million members plus all of their councils, institutes, societies and anything they are involved in regarding residential and commercial real estate. The National Association of Realtors grows each year and the association’s president for 2008 is Richard F. Gaylord. The association operates as a Self Regulatory Organization.The National Association of Realtors was founded in 1908 as the National Association of Real Estate Exchanges. The original group was located in Chicago, Illinois. The group then changed its name to the National Association of Real Estate Boards in 1916 and then acquired its current name in 1974. The current version of the group, the