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Missouri Association of REALTORS®2010 Legislative and RPAC Goals

Missouri Association of REALTORS®2010 Legislative and RPAC Goals

RONALD REGANRONALD REGAN

“America is to great for

small dreams”

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REALTORS® Legislative VictoriesREALTORS® Legislative Victories

Recent VictoriesRecent Victories

Permanent ban prohibiting national

banking conglomerates

entering the real estate brokerage

business

Recent VictoriesRecent Victories

$8,000 first-time Homebuyer

Tax CreditRepayment not required

Recent VictoriesRecent Victories

Mark-to-Market accounting rules given greater

flexibility

Recent Missouri VictoriesRecent Missouri Victories

Passed legislation to clarify the conversion of manufactured housing from personal property to real property and the reverse

Recent Missouri VictoriesRecent Missouri VictoriesAmended appraiser licensing law to define

a boat dock as real estate

Recent Missouri VictoriesRecent Missouri VictoriesSuccessfully defended against an

increase in recording fees directed to the Missouri Housing Trust Fund.

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What is the REALTORS® Political Action Committee

RPAC?

What is the REALTORS® Political Action Committee

RPAC?

RPACRPAC

REALTORSREALTORS®® Political Action Committee Political Action Committee

Of the 4,000 PACs in America,

RPAC is the only one dedicated solely

to promoting home ownership and protecting the

interests of REALTORS®

RPAC is Bi-PartisanRPAC is Bi-Partisan

RPAC supports candidates of the REALTOR® party – those who support the Real Estate Industry.

2008 Election Cycle:

52% / 48% Democratic Edge 2006 Election Cycle:

53% / 47% Republican Edge

RPAC has experienced many successes…

But many challenges

lie ahead…

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Missouri Association of REALTORS®2010 Legislative Priorities

Missouri Association of REALTORS®2010 Legislative Priorities

Appraisal Management Companies:Appraisal Management Companies: 

AMC’s have become a significant factor in residential real estate transactions. By acting as a buffer between the lender and the appraiser they seek to insure that the appraisal is accurate and reasonable.

Appraisal Management Companies:Appraisal Management Companies: 

In an effort to mitigate these problems the Association will support the efforts of the appraisal community to impose a reasonable licensing and regulation system on AMC’s.

Home Inspector LicensingHome Inspector Licensing

 

Recognizing that the home inspector has become an integral part of the residential real estate transaction the Association will continue efforts to insure that all home inspectors meet minimum standards of competency through a licensing/regulation system overseen by a board of home inspectors.

Recording FeesRecording Fees 

A stable property recording system is the key to maintaining property values. It is appropriate for those who benefit from the system to pay for its maintenance. Fees on recording that are unrelated to the system are an additional levy on a portion of the population and are inherently unfair.

Transfer Tax Campaign Transfer Tax Campaign

Transfer Tax Campaign Transfer Tax Campaign

"Shall the Missouri Constitution be amended to prevent the state, counties, and other political subdivisions from imposing any new tax, including a sales tax, on the sale or transfer of homes or

any other real estate?“ - YES

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Missouri RPAC GoalsMissouri RPAC Goals

1. Meets or exceeds RPAC Participation Goal

2. Meets or exceeds state’s Fair Share Goal

3. Meets or exceeds the state’s Major Donor & President’s Circle Goals

THE REALTOR PARTY Needs You…THE REALTOR PARTY Needs You…

RPAC needs your help to

Fight taxes & regulations

and to pass pro-REALTOR® legislation.

To be successful, we need a united voice!

70 Cents of every dollar contributed to RPAC REMAINS IN YOUR STATEto support state & local Issues & candidates!

2010 RPAC Goals2010 RPAC Goals

RPAC RallyRPAC Rally

Take the Challenge on

September 25th, 2010

Take the Challenge on

September 25th, 2010

•Goal : Raise $100,000 for RPAC

•Rides all across the state

•Ride your cycle or sponsor a rider

•Contact your local association for more information

2010 Major Donor Program2010 Major Donor Program

Sterling R

$1,000 to Join; $1,000 to Sustain

Annual recognition in state REALTOR® magazines and recognition on REALTOR.org

Notice to donor’s broker requesting office recognition

2010 Major Donor Program2010 Major Donor Program

Crystal R$2,500 to Join; $1,500 to Sustain

Regular raffles to win VIP seating at NAR concerts, tickets to DC & Chicago sporting events, and complimentary registration for Annual Convention.

Invited to Major Donor Reception at national meetings Plus Sterling R Benefits

2010 Major Donor Program2010 Major Donor Program

Golden R

$5,000 to Join; $2,000 to Sustain$1,000 to Sustain if joined before 2002

Access to Hospitality Suite in headquarter hotel at national meetings

Plus Crystal & Sterling R benefits

2010 Special Savings!2010 Special Savings!

RPAC is offering

Major Donor savings

to members who join the

President’s Circle in 2010!

What is the President’s Circle?What is the President’s Circle?

• Powerful group that serves as a critical vehicle in making sure our REALTOR® voices are heard on Capitol Hill.

• All PACs have a $10,000 candidate contribution limit per election cycle. The President’s Circle can step in and mobilize its members to invest in a candidate beyond RPAC dollar limits.

2009: 430 Members2009: 430 Members

x $2,000 x $2,000 (annual commitment) (annual commitment)

$860,000 beyond RPAC dollars$860,000 beyond RPAC dollars

2009: 14 members in Missouri2009: 14 members in Missouri

Elite Group of Committed Members

President’s Circle + Sterling RPresident’s Circle + Sterling R

President’s Circle – Sterling R

$1,000 to Join; $1,000 to SustainPlus $2K President’s Circle Investment

• Invited to Legislative Briefings at conferences

• Regular webinars featuring “DC Political Insiders” and regular newsletter columns

• Plus all Crystal R Benefits

$2,000 to Join (instead of $2,500)

$1,000 to Sustain (instead of $1,500)

Plus $2K President’s Circle Investment

• Access to Hospitality Suite at national meetings• Special Concierge Service at national meetings • Recognition in NAR’s REALTOR® Magazine and in

Mid-year and Annual Convention programs• Plus President’s Circle/Sterling R benefits

President’s Circle + Crystal RPresident’s Circle + Crystal R

$4,000 to Join (instead of $5,000)

$1,000 to Sustain (instead of $2,000)

Plus $2K President’s Circle investment

• HOTEL HEADQUARTERS GUARANTEED AT NATIONAL MEETINGS THE FOLLOWING YEAR

• VIP Seating at NAR Concerts• Raffles at NAR meetings for photo “op” & private meeting with NAR

Booth Celebrities• Plus Pres.Circle/Crystal R benefits

President’s Circle + Golden RPresident’s Circle + Golden R

Contribution Guide

70% of each President’s Circle contribution 70% of each President’s Circle contribution counts towards your state’s counts towards your state’s

RPAC Fair Share Goal!RPAC Fair Share Goal!

This means you reach your goal faster allowing you to keep more

RPAC dollars at home!

Break it DownBreak it Down

$1,000 = $2.74/day = Starbucks Latte

$2,500 = $6.85/day = Subway Combo Meal

$5,000 = $13.70/day = Beer & Burger

If you contribute: Equivalent to:

HELP PROTECT THE INDUSTRYHELP PROTECT THE INDUSTRY

"America was not built on fear. America was

built on courage, on imagination and an

unbeatable determination to do the job at

hand. The buck stops here. “ – Harry Truman

HELP PROTECT THE INDUSTRYHELP PROTECT THE INDUSTRY

Three Easy Ways to Contribute:

Call your local association or Erin/Jill

Call the national RPAC Staff at (202) 383-1191

Contribute on-line: www.realtor.org/rpac

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COMMIT TODAYCOMMIT TODAY