By Outer Banks Association of REALTORS (OBAR) on July 20, 2022
Nags Head, NC – Outer Banks Association of REALTORS® (OBAR) member Jeff Malarney of Malarney & McCown, has been appointed to serve as the Vice Chair of the North Carolina Real Estate Commission (NCREC) by NC Governor Roy Cooper. As a current Commission member of the NCREC, this will be Malarney’s 4th term, having previously served as both Vice Chair and Chair of the commission in 2018 and 2019.
Says Malarney, “I feel honored to be elected as the Vice Chair, and to serve licensees from across the State and, in particular, those individuals that practice in Eastern North Carolina.” He continues, “I’m especially excited to be leading the initiative to improve and modernize the Vacation Rental Act. This fall, I anticipate convening an advisory committee to assist in identifying current issues and later drafting legislation to update this twenty-year-old legislation.”
Malarney will begin serving this position in August. OBAR President Doug Brindley says, “We are so fortunate to have a voice on the NC Real Estate Commission. Our market, both sales, and property management, is so unique to North Carolina and to the east coast.” Brindley continues, “Property management is such a vital part of the economy of the Outer Banks, and I am excited that we have a local voice to represent our needs concerning the outdated Vacation Rental Act and other related legislation.”
Malarney, has lived on the Outer Banks for 27 years and has a wide area of expertise, including law, property insurance, and is a licensed REALTOR®. He is a retired Commander of the U.S. Navy Judge Advocate Corps and been General Counsel for one of the largest vacation rental companies in the nation. Malarney has operated a mortgage brokerage company, an insurance agency, and was instrumental in the creation H2OBX Waterpark. He is a past President of the North Carolina Vacation Rental Managers Association (NCVRMA) and Chairman of the Outer Banks Chamber of Commerce.