Thousands of Realtors® from across the nation are meeting with legislators, regulators and industry leaders this week in Washington DC to advance the issues critical to their businesses, communities and clients.
“There is a wide range of residential and commercial real estate issues that are of high importance to Realtors®, so we’ll be using the strength of our combined voices to remind members of Congress to maintain sound real estate markets,” said National Association of Realtors® President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. “Furthermore, we’ll be setting the stage for next year, after the elections, when House and Senate leaders on both sides of the aisle are expected to move tax reform proposals.”
Realtors® will be on Capitol Hill and meet directly with members of Congress and their staff to discuss the legislative and regulatory environment and its effect on residential and commercial real estate. Among the high-profile policy issues that Realtors® will raise are extending the Mortgage Forgiveness Debt Relief Act, maintaining important real estate tax policies and Federal Housing Administration reforms, and ensuring that mortgage guarantee fees are not extended, increased and diverted away for unrelated government spending.
Attendees will also be conducting in-person meetings with officials and staff at the White House and more than a half dozen regulatory agencies, including the Environmental Protection Agency, Federal Housing Finance Agency, Department of Agriculture’s Rural Housing Service, Department of Transportation’s Federal Aviation Administration, and the Department of Veterans Affairs.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing more than 1.1 million members involved in all aspects of the residential and commercial real estate industries.