When Dale Stinton retires at the end of this year, he will be the longest-tenured NAR CEO in the trade association’s 109-year history, and probably its most influential ever. We salute him at No. 6 on the 2017 Swanepoel Power 200 list.
A perennial SP200 power player, Stinton became NAR CEO on Nov. 1, 2005 and had a momentous, association-changing ride as chief, which included infusing a business-minded M.O. into the nonprofit and effectively leading it through an extremely tumultuous time.
Having served NAR for 24 years before coming CEO, Stinton hit the ground running. He helped usher in NAR’s 2007 Second Century Initiatives, which brought the trade association into the technology, venture capital and homeowner information race. Among other things, it paved the way for tech subsidiary Realtors Property Resource, venture capital wing Second Century Ventures, consumer site House Logic, Realtor University, Realtors Federal Credit Union and tech accelerator NAR REach.
But it wasn’t all innovation and smooth sailing during his tenure. Soon after taking office, Stinton faced the largest housing market collapse in living history, a U.S. Department of Justice lawsuit concerning NAR’s policy around brokers’ display of MLS listings and a threat from banks looking to operate as brokerages. He successfully managed each one.
NAR announced in late December that it has hired Chicago-based executive search firm Heidrick & Struggles has been retained to find Stinton’s replacement. Replacing him will be hard.
See the chapter “The Retiring Leadership Wave” in the 2017 Swanepoel Trends Report, which comes out on February 1, for our analysis on his legacy and the process for finding the next NAR CEO.