Tom Farley Named New Chief Executive of Arizona Association of REALTORS(R)

PHOENIX, March 3 /PRNewswire/ -- The Arizona Association of REALTORS(R)(AAR) has announced that effective April 1, 2008, Tom Farley will becomethe new Chief Executive Officer for the association. (Photo: http://www.newscom.com/cgi-bin/prnh/20080303/LAM129) Farley, who currently serves as the association's Vice President ofGovernment Affairs, was selected as part of a six-month, nationwide searchprocess. Farley will replace Ty Strout, who is retiring after 20+ years ofservice in the position. As the Chief Executive Officer, Farley will oversee the strategicdirection and day-to-day operations of the largest trade association inArizona. The Arizona Association of REALTORS(R) boasts nearly 50,000members and an annual budget of $8.2 million. "Mr. Farley's proven record of success representing AAR's public policyvision and his significant contribution to the association's politicalinfluence growth during his 11-year tenure has earned our collectiveconfidence and respect," said 2008 AAR President John Gall. Since joining the association in 1997, Farley has successfully workedon restructuring AAR's internal governmental process and encouraged memberinvolvement in the governmental affairs efforts. He has increased thevisibility and improved legislative relations for the association,resulting in the successful advocacy of association positions on nearlyevery real estate related legislative action. "I look forward to continuing the vision that Ty Strout and the AARleadership and staff have worked diligently to provide in partnership withour 21 local associations for the REALTOR(R) membership," said Tom Farley."Together, we can build on our past successes by moving forward withinnovative technology tools, advance our professional development efforts,and provide strong advocacy for the benefit of our members and theirclients." Farley is an Arizona native who holds a bachelor's degree from ArizonaState University. He and his wife live in metro Phoenix with their twochildren. To learn more about Tom Farley and the Arizona Association ofREALTORS(R), visit http://www.AARonline.com. About Arizona Association of REALTORS(R) The Arizona Association of REALTORS(R) (AAR), the largest professionaltrade association in Arizona, is comprised of individuals involved in thereal estate industry, allied industries and firms. The association's nearly50,000 members represent more than half of the real estate licensees inArizona. For information about the Arizona Association of REALTORS(R),visit the organization's web site at http://www.AARonline.com.