ARKANSAS REALTORS ASSOCIATION CONSTITUTIONAL OFFICERS FOR 2017 FOR ONE CALENDAR YEAR TERM

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(Updated 4/30/16) ARKANSAS REALTORS ASSOCIATION MEMBERSHIP BREAKDOWN (updated each April 30) SHOWING CURRENT OFFICEHOLDERS TERMS EXPIRING 2016 SHOWN IN RED NOMINEES FOR 2017 POSITIONS SHOWN IN GREEN ARKANSAS REALTORS ASSOCIATION CONSTITUTIONAL OFFICERS FOR 2017 FOR ONE CALENDAR YEAR TERM 2017 PRESIDENT: Maurice Taylor, by succession 2017 PRESIDENT-ELECT: Maurice Taylor, 2016 2017 SECRETARY-TREASURER: Velda Lueders, 2016 2017 IMMEDIATE PAST PRESIDENT BY SUCCESSION: Ronald Stinchcomb, by succession ARA DISTRICT DVP 2 yr Terms ZONES IN ARA DISTRICT Zone Director 3 yr Terms BOARDS IN ARA ZONE WITH MEMBER TOTAL AS OF 4/30/16 ARA MEMBERS IN ZONE as of 4/30/16 Each Zone receives one representative + 1 per 500 over 500 members. (501-1000 = 2; 1001-1500 = 3; 1501-2000 = 4) DISTRICT 1 Sandra Kelley, 2016 ZONE 1 Felicia Johnson, 2017 Amber Gill, 2018 Batesville 66 604 2 Northeast AR 427 Paragould 72 Tri-County 39 ZONE 2 Kelli Small, 2016 Mike Stout, 2018 Cleburne County 127 590 2 Conway-Perry 46 Faulkner County 286 Searcy 92 Van Buren Cty 39 ZONE 3 Keith Montgomery, 2017 Susan Vaught, 2018 North Pulaski 539 539 2

DISTRICT 2 Bob Dodson, 2017 ZONE 4 Jennifer Welch, 2016 Jackie Keene, 2017 Melanie Silvey, 2018 Dawn Yates, 2018 Northwest AR 1974 1974 4 ZONE 6 Jeff Pratt, 2018 Eureka Springs 75 373 1 Harrison 98 North Central 200 DISTRICT 3 Nanette Wemhaner, 2016 DISTRICT 4 Carolyn Cobb, 2017 ZONE 7 Caleb Moore ZONE 8 Glee Cosner, 2017 ZONE 9 Nancy Wright, 2017 ZONE 10 Sarah Sealy, 2018 ZONE 11 Tom Wingard, 2016 ZONE 12 Edward Loveless, 2016 Paulette Richie, 2017 Angie Johnson, 2018 Johnson County 36 186 1 Russellville 150 Crawford County 61 505 2 Fort Smith 444 Increased by 1 representative for 2017 Hot Springs 293 423 1 Hot Springs Vlg 81 Mena 49 El Dorado 55 198 1 Texarkana 143 Pine Bluff 68 223 1 Southeast AR 43 Eastern AR 112 South Central AR 263 1391 3 Little Rock 1128 Numbers shown are NRDS counts as of 4.30.16 7151 20 Zone positions

1. Directors-at-Large(6), 3 year terms 2016 Directors at Large Larry Rhodes, 2017 Jason Edington, 2017 Jan Dyer, 2018 Wes Freeman, 2018 Jason Whitley, 2018 2. NAR Directors(3), 3 year terms 2016 NAR Directors*: Sharla Lau, 2016 Debbie Rawls, 2017 Doyle Yates, 2018 3. Past President Director(3), 3 year terms 2016 Past President Directors: David Alphin, 2016 Bob Walker, 2017 Bill Olson, 2018 4. NAR REGION IX DIRECTOR (REGION IX IS COMPOSED OF THE STATES OF ARKANSAS, KANSAS, MISSOURI AND OKLAHOMA. THE REGION IX VICE PRESIDENT ROTATES AMONG THESE STATES, AND 2017 IS ARKANSAS YEAR. 2017 Region 9 VP - Karen Crowson, 2018 5. ASCENDING, PRESENT OR PAST NAR PRESIDENT FROM ARKANSAS Chris Polychron

Appointments 6. FOUR NAMES TO SUBMIT TO GOVENOR FOR APPOINTMENT AS COMMISSIONER TO ARKANSAS REAL ESTATE COMMISSION (ONE TO BE SELECTED BY GOVERNOR) Current Commissioners from real estate industry: Lesia Ford, 2016 Doyle Yates, 2017 Tony Moore, 2018 7. ONE NAME TO SUBMIT TO THE ARKANSAS REAL ESTATE FOUNDATION, 3 year terms AREF Directors appointed by ARA: Stuart S. Mackey, Little Rock, 2016 Cindy Meyers, Hot Springs, 2017 Jackie Keene, Fayetteville, 2018 AREF Directors appointed by AREC: Lou Taylor, 2016 8. BOARD OF HEARTS AND HOMES, (9 member BOD) 3 year terms 2 vacancies Nancy Wright, 2016 Brooksie Hartness, 2016 Jackie Keene, 2016 Bill Olson, 2017 Karen Crowson, 2017 Debbie Rawls, 2017 Bob Dodson, 2018 Jan Dyer, 2018 Susan Vaught, 2018 Bob Walker, 2018

ARKANSAS REALTORS ASSOCIATION 2016 BYLAWS pertaining to Board of Directors and Nominating Cmte (EFFECTIVE JANUARY 1, 2016) ARTICLE III, Section 2. Election of Officers and Directors 1) The composition of the Nominating Committee shall be as follows: 5 Past Presidents serving 5 year staggered terms, one of which would be the Immediate Past President. One member from each of the four districts (serving 2 year staggered terms to correspond with DVP s terms serving on Executive Committee) 2 at large members (serving one year terms) 2) The President Elect shall appoint the Nominating Committee members in the year that he/she serves as President Elect. 3) The President shall select a Nominating Committee Chair. A person must have served at least one full year in the Nominating Committee to be deemed qualified to serve as chair. 4) The sitting President shall be responsible for filling any vacancies on the Nominating Committee that result from a resignation or other circumstances that preclude a member from service on the committee. 5). The Secretary/Treasurer, President Elect and any open District Vice President candidates shall be interviewed in person. Each District Vice President nominee must have served a minimum of one year on this Association s Board of Directors prior to date of nomination announcement by the Nominating Committee. The nominee for President Elect must have served either as Secretary/Treasurer or as a District Vice President and completed a two-year term on the Board of Directors prior to date of nomination announcement by the Nominating Committee. A nominee for Zone Director must be a Member of the Zone from which he or she is nominated. A nominee for Director-at-Large must be a Member of the Arkansas REALTORS Association for the past two years. The nominee for Secretary-Treasurer must have served a minimum of two years on the Board of Directors prior to date of nomination announcement by the Nominating Committee, and chaired one state committee. The position of President shall be filled by the President Elect by succession and not be nominated either by the Nominating Committee or by petition. The position of Immediate Past President shall be by succession for a one year period following the year as President. Nominees for Past President positions on the Board of Directors must be a Member of this Association in good standing. The Zone Directors for each Zone normally serve a three-year term. Should the occasion occur that a Zone have a majority (51%) of Directors expiring in a given year (except Zones who have only one Director), the Nominating Committee Chair shall determine staggered terms in an upcoming election. ARTICLE IV, Section 2. Nominees for Appointments Nominees for appointment to the Arkansas Real Estate Commission shall comply in full and at all times with the requirements and qualifications set forth in Arkansas Statutes Sec., 17-42-201 of the Arkansas Real Estate Licensing Law, otherwise the nomination shall be considered null and void and therefore vacant. ARTICLE V, Section 2. Board of Directors The Board of Directors shall consist of the following; President; President Elect; Secretary/Treasurer; the Immediate Past President, each serving a one year calendar term in those positions ; Four District Vice Presidents each serving a two calendar year term electing two each year as described in Article II above; Six Directors at Large, two to be elected each year to serve a term of three calendar years, Eleven Zone Directors, four being elected in two three year cycles, and three being elected in one three year cycle; and an additional Zone Director from each Zone with members in increments of 500, (i.e.: 501-1000, 1001-1500, 1501 2000, 2001 2500, etc) members as of as of April 30th of the current year according to paid members, to be elected to a three calendar year term; Three Past Presidents of this Association, each serving a three year calendar term; ascending, present, or past NAR President from Arkansas; and each Director of the National Association of REALTORS shall serve during their term on the National Association of REALTORS Board of Directors. The Board of Directors shall also include the current year s Chairpersons of the Business Planning Committee, the Professional Development Committee, the Legislative Committee, the Equal Opportunity Committee, the Professional Standards Committee, the Public Relations Committee, the Risk Reduction Committee, the ARPAC Trustees, the Convention Committee, the Finance Committee, the Communications Committee, and the Association Executives Committee, and shall also be full voting members of the Board of Directors for the current year each is Chairman defined above. Should one of the Committee Chairpersons also be a member of the Board of Directors by election, that Chairperson shall only have one vote as a member of The Board of Directors. Each year when the NAR Region IX Vice President-Elect and each year when the NAR Region IX Vice President is from Arkansas he or she will serve on this Association s Board of Directors.