NAR Mourns Past President Walt McDonald

National Association of Realtors® CEO Bob Goldberg and SentriLock CEO Scott Fisher issued the following statements regarding the passing of former NAR and California Association of Realtors® President Walt McDonald. One of the most notable accomplishments of his time in NAR leadership was the founding of SentriLock. The company was launched in 2003, and McDonald served on its first board of directors. He previously served as President of CAR, the nation’s largest state Realtor® association, in 1993.

“Walt presided over an association that was experiencing rapid growth – 2004 was the first year NAR exceeded 1 million members – and we were taking our first steps toward what is now the association’s Strategic Business Innovation and Technology group,” Goldberg said. “Walt played an instrumental role, launching NAR’s lockbox solution, SentriLock, during his Leadership Summit in 2003. Walt also oversaw the successful defense of the Realtor® trademark, passage of the American Dream Down Payment Initiative, and a multiyear authorization of the flood insurance program.

“Walt will be remembered for his kindness, as well as his long-time dedication to organized real estate. Our deepest sympathies go to his friends and family.”

Fisher added, “Walt was a tremendous resource as we launched SentriLock. He helped us lay the foundation for the company as a board member while always reminding us how our service was critical to Realtors® carrying out their business. His calm and patient guidance will be remembered.”

The National Association of Realtors® is America’s largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries.

Source: The National Association of REALTORS