April 20, 2018

You Made It Happen!

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You Made It Happen!

When it comes to the well-being of our industry and home ownership, every one of us plays an important role.

When I was installed as president of the NATIONAL ASSOCIATION OF REALTORS® in November 2011, I said I’d need your commitment to advance the interests of the REALTOR® Party, consumers, and our members. You delivered big time. Thank you for your contribution to what has been a remarkable year for our industry and for me personally.

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  • You secured an extension of the National Flood Insurance Program through Sept. 30, 2017, bene­fiting 21,000 communities where flood insurance is required for a mortgage. In the House, you obtained passage of rewritten RESPA rules that would enable us to reinstate the longstanding practice of partnering with home warranty companies. Some said it wouldn’t happen in 2012—but you believed it, and you made it happen.
  • You alerted Congress that some 900 communities nationwide were in danger of being dropped from Rural Housing Service programs and ensured that access is retained throughout this fall. Now, we’re asking Congress to review the government’s outdated definition of “rural” and re­instate those communities. You are amazing!
  • You brought the “Home Ownership Matters” message to Washington during the 13,800-strong REALTOR® Rally; supported pro-REALTOR® Party candidates; kicked off a historic e-mail initiative to build a relationship with the country’s 80 million property owners; and worked to ensure that lender and GSE reforms don’t hamper opportunities for responsible, qualified borrowers. Wow!
  • You made the REALTORS® Political Action Committee, once again, No. 1 in terms of campaign contributions. You blew the doors off the initial RPAC goals, and you’re still going strong!

Each of these priorities is in some way meant to help your business. Although we’ve seen positive economic indicators this year, I know many of you are still struggling to find saleable inventory and close deals. Like you, I am a working broker, and your concerns will always be mine.

I’m a big fan of Axl Rose (more for his musicianship than for his aggressive personality, though some might say that’s a trait I share). In “November Rain,” Axl sings, “Nothing lasts forever, not even the cold November rain.” Well, it’s November again, and my presidency is coming to a close. But the good work continues with you. Thanks to the NAR leadership and management teams—your support has been tremendous. To the vice presidents, liaisons, and committee and forum chairs, vice chairs, and members—you were invaluable. And to every REALTOR® who engaged in our efforts—you are the strength of this industry and a crucial part of the economic, social, and cultural fabric of our country.  Remember, REALTORS® Are the Heart of the Deal!

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