Celebrating Women’s History in Real Estate

Louisiana REALTORS® • March 13, 2023

As we celebrate Women's History Month, it's important to acknowledge the immense contributions women have made to the real estate industry. From pioneering agents to influential brokers, women have played a vital role in shaping the real estate landscape.

Here are some key moments and figures in real estate that were made possible and created by women.


Elizabeth J. McCormick

In 1903, Elizabeth J. McCormick became the first woman to earn a real estate license in the United States. She went on to establish the Women's Real Estate Association of Chicago, which aimed to support and empower women in the industry.


Dorothy Alther

In 1936, Dorothy Alther became the first female member of the National Association of REALTORS® (NAR). She went on to become the first female president of the Illinois Association of REALTORS® in 1950.


Barbara Corcoran

Barbara Corcoran founded The Corcoran Group in 1973 with just $1,000. She built the company into one of the largest and most successful real estate firms in New York City before selling it in 2001 for $66 million. Corcoran is also a bestselling author and a judge on the hit TV show Shark Tank.


Joan Kroc

In 1980, Joan Kroc, the wife of McDonald's founder Ray Kroc, became one of the first female real estate developers in the country. She used her wealth to build low-income housing communities and shopping centers, and her legacy lives on through the Joan Kroc Institute for Peace and Justice at the University of San Diego.


Dottie Herman

Dottie Herman is the CEO of Douglas Elliman, one of the largest real estate brokerages in the United States. She began her career in real estate as a secretary and worked her way up to the top of the industry, becoming the first woman to hold the CEO position at a major real estate brokerage in New York City.


These women, and countless others like them, have blazed a trail for women in real estate. Today, women make up a significant portion of real estate agents and brokers, and many are leaders in the industry. However, there is still work to be done to ensure that women have equal opportunities and pay in the real estate field.


As a REALTOR®, you can honor Women's History Month by learning more about the achievements and struggles of women in the industry. You can also support and mentor women who are just starting out in real estate, and advocate for policies that promote gender equality in the workplace.


Let's celebrate the women who have shaped the real estate industry and continue to pave the way for future generations.

REALTOR® RESOURCES
By Louisiana REALTORS® June 6, 2025
The National Association of REALTORS® Board of Directors approved a 2026 budget with no dues increase and passed a Professional Standards Recommendation to clarify language in NAR Code of Ethics Standard of Practice 10-5, which prohibits harassment of any person or persons protected under Article 10 of the Code. A day earlier, the Executive Committee approved another Professional Standards change, revising language for Policy Statement 29 designed to ensure state and local associations can fairly and consistently enforce the Code of Ethics. Learn more about the changes. Read the revised Code of Ethics and Standards of Practice. Board members also approved a consent agenda to elect the 2026 officers and regional vice presidents . Christine Hansen of Ft. Lauderdale, Fla., was elected 2026 President-Elect, and Colin Mullane of Ashland, Ore. was elected 2026 First Vice President. The meeting opened with a video message from President Donald Trump, who welcomed REALTORS® to Washington and thanked them for support of the House-passed tax reform. NAR routinely invites the U.S. president to address REALTORS® at the Washington meetings. Over NAR's history, nine sitting presidents have addressed the association. Board Actions Approved a series of Finance Committee recommendations, accepting the association’s financial statement, approving the 2026 operating and advocacy budgets, and keeping dues at $156. The board actions also redirect $35 of the $45 Consumer Advertising Campaign assessment to operating funds. This change positions NAR to make its next settlement payment in February 2026 and maintain a balanced budget without raising total dues. The remaining $10 for the Consumer Advertising Campaign will fund optimized, metrics-driven activities that reach and engage consumers in critical markets. NAR CEO Nykia Wright and President Kevin Sears explained the shift at the opening session of the conference . Amended Standard of Practice 10-5 to give state and local associations greater clarity in how to fairly and consistently enforce Article 10 of the Code of Ethics. The amended Standard of Practice says that REALTORS®, in their capacity as real estate professionals, in association with their real estate businesses, or in their real estate-related activities, shall not harass any person or persons based on race, color, religion, sex, disability, familial status, national origin, sexual orientation, or gender identity. Made a series of recommendations to the Standards of Practice to bring the language in line with the terms of NAR’s 2024 settlement. Approved a motion to make one member of the Executive Committee a commercial practitioner who has served as chair, vice chair or liaison of an NAR commercial-related committee or forum to serve a two-year term and be independent of the 10% commercial representation requirement outlined in the NAR Constitution. Approved a recommendation from the Credentials and Campaign Rules Committee to amend qualifications for president-elect, first vice president and treasurer effective Jan. 1, 2026. Qualifications for top-line officers are now aligned with those already in place for regional vice presidents. Approved recommendations from the Member Accountability Committee related to applications for volunteer leadership and the Statement of Appropriate Event Conduct. The goal of the recommendations is to ensure members found in violation of the NAR Member Code of Conduct are properly disclosed. Award Winners NAR President Kevin Sears announced the 2025 Distinguished Service Award winners James P. Cormier , AHWD, C2EX, of Minneapolis-St. Paul, and Brooke S. Hunt , AHWD, E-PRO, SFR, SRS, C2EX , of Flower Mound, Texas. In addition, the group recognized the winner of the 2024 William R. Magel Award, Anne Marie DeCatsye , CEO of the Canopy REALTOR® Association and Canopy MLS in the Charlotte, N.C., metro area. REALTORS® Relief Foundation  During the meeting, REALTORS® Relief Foundation President Greg Hrabcak appealed to board members to make a tax-deductible donation. The fund provides housing assistance to victims in the immediate aftermath of a disaster; 100% of funds donated go to disaster relief. “We’ve had devastating wildfires in California, tornadoes in Missouri and Kentucky and flooding in West Virginia, and we’re still in the first half of this year,” Hrabcak said. Before the meeting ended, directors had donated more than $41,000.
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