{"id":21265,"date":"2025-02-13T14:42:57","date_gmt":"2025-02-13T14:42:57","guid":{"rendered":"https:\/\/realtorparty.realtor\/?p=21265"},"modified":"2025-02-13T14:58:19","modified_gmt":"2025-02-13T14:58:19","slug":"realtor-party-news-october-2024-2-2-2-2","status":"publish","type":"post","link":"https:\/\/realtorparty.realtor\/news\/newsletters\/realtor-party-news\/0225","title":{"rendered":"REALTOR\u00ae Party News &#8211; February 2025"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text css=&#8221;&#8221;]<\/p>\n<h3><span style=\"color: #800080;\">In This Issue\u00a0<\/span><\/h3>\n<ul>\n<li>The Latest Advocacy Scoop Podcast &#8211; Live from Advocacy Week! Introducing the 119th Congress<\/li>\n<li>Capitol Pulse: February Advocacy Update<\/li>\n<li>Will Congress Extend Trump\u2019s Tax Cuts?<\/li>\n<li>NAR 2024 Year In Review: A New Era Begins<\/li>\n<li>Fair Housing Month Is Coming<\/li>\n<li>Fair &amp; Attainable Housing Ideas Forum For Associations Returns March 11<\/li>\n<\/ul>\n<div id=\"attachment_21285\" style=\"width: 594px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.nar.realtor\/videos\/advocacy-impact\"><img decoding=\"async\" aria-describedby=\"caption-attachment-21285\" class=\"wp-image-21285 \" src=\"https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/download.png\" alt=\"Click to watch \u2013 Advocacy Impact! From federal agencies to Congress to the Supreme Court, NAR advocacy fights to expand housing access and defend property rights.\" width=\"584\" height=\"325\" srcset=\"https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/download.png 1024w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/download-300x167.png 300w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/download-768x427.png 768w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/download-958x532.png 958w\" sizes=\"(max-width: 584px) 100vw, 584px\" \/><\/a><p id=\"caption-attachment-21285\" class=\"wp-caption-text\">Click to watch \u2013 Advocacy Impact! From federal agencies to Congress to the Supreme Court, NAR advocacy fights to expand housing access and defend property rights.<\/p><\/div>\n<h3>The Latest Advocacy Scoop Podcast &#8211; Live from Advocacy Week! Introducing the 119th Congress<\/h3>\n<div id=\"attachment_21286\" style=\"width: 532px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.nar.realtor\/advocacy\/advocacy-scoop-podcast?cid=em_Scoop-50\"><img decoding=\"async\" aria-describedby=\"caption-attachment-21286\" class=\"wp-image-21286 \" src=\"https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/0a1bf689-13da-49b8-bb52-60825af02d9dPodcast1-1024x534.jpg\" alt=\"\u00a0Shannon McGahn and Patrick Newton discuss the 119th Congress and Advocacy Week on &quot;The Advocacy Scoop&quot; Podcast.\" width=\"522\" height=\"272\" srcset=\"https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/0a1bf689-13da-49b8-bb52-60825af02d9dPodcast1-1024x534.jpg 1024w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/0a1bf689-13da-49b8-bb52-60825af02d9dPodcast1-300x157.jpg 300w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/0a1bf689-13da-49b8-bb52-60825af02d9dPodcast1-768x401.jpg 768w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/0a1bf689-13da-49b8-bb52-60825af02d9dPodcast1-958x500.jpg 958w, https:\/\/realtorparty.realtor\/wp-content\/uploads\/2025\/02\/0a1bf689-13da-49b8-bb52-60825af02d9dPodcast1.jpg 1140w\" sizes=\"(max-width: 522px) 100vw, 522px\" \/><\/a><p id=\"caption-attachment-21286\" class=\"wp-caption-text\">Shannon McGahn and Patrick Newton discuss the 119th Congress and Advocacy Week on &#8220;The Advocacy Scoop&#8221; Podcast.<\/p><\/div>\n<p>The 119th Congress is officially in session. With 72 new legislators, NAR\u2019s advocacy team is on the case. <a href=\"https:\/\/urldefense.com\/v3\/__https:\/ai360.aristotle.com\/public\/AI360EmailTracking\/Clickthrough.aspx?cdbID=2e166870-894a-423a-a6f7-6560a8904c6c&amp;mactID=c038a28c-1640-4d4d-b4d2-effdcff835ab&amp;atvID=8de83f4d-d139-4eb5-be2a-fa13e8449d17__;!!PkLhtwKy7FfEb1-0dSs!e_ozX0MXQOKq76qMDaBsgannjQeZCqb4HVflpsQdnc8WX8bgEvRlq6HCKPej4qujyB-pX-QzAqGOO8WuoQr20lf9EhiXeLhkVA$\">In this episode<\/a>, taped live during NAR\u2019s inaugural Advocacy Week conference, Shannon and Patrick discuss why change is the norm in Washington \u2013 and why that makes the REALTORS\u00ae Party model all the more important. Regardless of partisan control, REALTORS\u00ae Party relationships ensure NAR has a voice in Congress.<\/p>\n<hr \/>\n<h3>Capitol Pulse: February Advocacy Update<\/h3>\n<p>NAR\u2019s Government Advocacy Team continues to build strong relationships with the new 119th Congress and Administration.<\/p>\n<p>NAR led efforts to\u00a0<a href=\"https:\/\/www.nar.realtor\/magazine\/real-estate-news\/real-estate-caucus-relaunches-in-new-congress\">relaunch the bipartisan Congressional Real Estate Caucus<\/a>,\u00a0which has already grown to 52 members. The caucus, tasked with developing legislation to address home supply and affordability, launched at the end of last year with just four members.<\/p>\n<p>This past month, NAR sent six letters to Congress. Four letters were in support of\u00a0the Administration&#8217;s<a href=\"https:\/\/www.nar.realtor\/magazine\/real-estate-news\/nar-backs-key-nominees-for-housing-and-labor\"> key nominees for housing and labor<\/a>,\u00a0and two letters showed our support for legislation that will benefit homeowners:<\/p>\n<ol>\n<li><a href=\"https:\/\/narfocus.com\/file\/7474\">NAR Letter of Support for Disaster Resiliency and Coverage Act<\/a>. In this letter, NAR offers its support of legislation that would provide pre-disaster mitigation grants and tax incentives for households to reduce the risk of real property damage due to natural disasters, including floods, hurricanes, and wildfires.<\/li>\n<li><a href=\"https:\/\/narfocus.com\/file\/7472\">NAR Letter Re: Home Repair Act<\/a>. This letter thanks Senators Fetterman and Lummis for introducing a whole-home repair bill.<\/li>\n<\/ol>\n<p>NAR has been engaging in meaningful conversations with the new Administration to communicate our top housing priorities. In the fast-paced Washington environment, where constant policy and legislative changes could potentially impact the housing industry, it has been invaluable for NAR to cultivate a strong and productive collaboration with the President\u2019s team and Cabinet.<\/p>\n<p>To track our positions and responses to policy and legislative updates in real-time, visit the <a href=\"https:\/\/www.nar.realtor\/washington-report\">Washington Report.<\/a><\/p>\n<p><strong>The Advocacy Team continues to be laser-focused on our top priorities for 2025:<\/strong><\/p>\n<ol>\n<li>Update America&#8217;s tax law and increase access to homeownership.<\/li>\n<li>Expand housing supply and ensure access to professional representation.<\/li>\n<li>Promote NAR research products to help inform policymaking.<\/li>\n<\/ol>\n<h3>Will Congress Extend Trump\u2019s Tax Cuts?<\/h3>\n<p>In this month\u2019s REALTOR\u00ae Magazine piece,\u00a0<a href=\"https:\/\/www.nar.realtor\/magazine\/real-estate-news\/will-congress-extend-trumps-tax-cuts\">Will Congress Extend Trump\u2019s Tax Cuts?<\/a>, Washington, D.C., insiders weigh in at NAR\u2019s Policy Forum, which capped the association\u2019s inaugural Advocacy Week, about whether the expiring provisions of the 2017 Tax Cuts and Jobs Act (TCJA) will see new life.<\/p>\n<p>Some background: There has been a lot of turnover in Congress since the 2017 TCJA, a major law with provisions that the National Association of REALTORS\u00ae supports because they benefit homeowners and the real estate economy. But as some provisions are set to expire on Dec. 31, NAR has a window to explain to lawmakers\u2014especially new members of Congress who aren\u2019t familiar with the work that went into the TCJA\u2014how the law helps consumers and why certain real estate provisions should be included.<\/p>\n<h3>NAR 2024 Year In Review: A New Era Begins<\/h3>\n<p>The National Association of REALTORS\u00ae released its\u00a0<a href=\"https:\/\/urldefense.com\/v3\/__https:\/ai360.aristotle.com\/public\/AI360EmailTracking\/Clickthrough.aspx?cdbID=2e166870-894a-423a-a6f7-6560a8904c6c&amp;mactID=f72b9c32-3758-4b25-a3fa-8983595aaf14&amp;atvID=8de83f4d-d139-4eb5-be2a-fa13e8449d17__;!!PkLhtwKy7FfEb1-0dSs!e_ozX0MXQOKq76qMDaBsgannjQeZCqb4HVflpsQdnc8WX8bgEvRlq6HCKPej4qujyB-pX-QzAqGOO8WuoQr20lf9EhhJEXwkrA$\">2024 Year in Review<\/a>. The 33-page report is an assessment of the organization\u2019s past year, highlighting member benefits across eight areas\u2014and promising a new mission-driven era.<\/p>\n<p>Last year brought significant milestones for the association, including settlement of the Sitzer-Burnett lawsuit, implementation of residential practice changes for members, and approval of Culture Transformation Commission recommendations to bring greater accountability and transparency. All this came as members worked to navigate a challenging market, with limited inventory, higher interest rates and shifting living and work patterns.<\/p>\n<p>\u201cThe past year tested our resilience as an industry, as an association and as individuals,\u201d NAR President Kevin Sears said in a letter that opened the report. \u201cAs we embark on 2025, I want to express my gratitude to you\u2014our members, the broker community, the local and state associations, and our MLS and industry partners\u2014for the incredible work you\u2019ve done to push through these challenges and help set the stage for our industry\u2019s future.\u201d<\/p>\n<h3>Fair Housing Month Is Coming<\/h3>\n<p>Apply for <a href=\"https:\/\/realtorparty.realtor\/state-local-issues\/issues\/fair-housing\">Fair Housing Grants<\/a> up to $7,500 to support state and local REALTORS\u00ae association initiatives. Need ideas? Explore <a href=\"https:\/\/realtorparty.realtor\/state-local-issues\/issues\/fair-housing\/toolkit\">NAR\u2019s Fair Housing Toolkit<\/a> for strategies or ideas\u00a0to strengthen fair housing efforts and REALTORS\u00ae&#8217; commitment to equal professional service and being leaders of diverse, inclusive communities. Questions? POC: <a href=\"mailto:hdannefelser@nar.realtor\">Hannah Dannenfelser<\/a><\/p>\n<h3>Fair &amp; Attainable Housing Ideas Forum For Associations Returns March 11<\/h3>\n<p>Join this interactive session for local and state REALTORS\u00ae association staff at 2 PM EST for insights, feedback, and NAR grant opportunities to advance fair and attainable housing. <a href=\"https:\/\/realtorparty.realtor\/training\/community-outreach\/community-outreach-webinars\">Register now<\/a>! Questions? POC: <a href=\"mailto:hdannefelser@nar.realtor\">Hannah Dannenfelser<\/a><\/p>\n<h3>RPAC Update<\/h3>\n<p><strong><img decoding=\"async\" width=\"200\" height=\"128\" class=\"alignright size-full wp-image-54\" src=\"https:\/\/realtorparty.realtor\/wp-content\/uploads\/2017\/07\/rpaclogo200.jpg\" alt=\"\" \/>RPAC is off to a strong 2025 start<\/strong>. We&#8217;ve raised $13.8 million\u201430% of our $45.5 million goal\u2014and state associations have already contributed more than $2.6 million towards our federal disbursement allocation, outpacing 2024. Participation is at 18% nationally, with six states hitting their goals. Plus, the Corporate Ally Program is ahead of last year, bringing in nearly $345,000 so far. Major Investor renewals and acquisitions are at 3% nationally, on pace with 2024, while President\u2019s Circle, launching earlier this year, has already raised $109,000 by January\u2019s end.<\/p>\n<h3>The REALTOR\u00ae Party At Work<\/h3>\n<h4>REALTOR\u00ae Party Success Stories<\/h4>\n<ul>\n<li><a href=\"https:\/\/realtorparty.realtor\/homepage\/success-story\/vcar-consumer0225\">Reaching Residents of Ventura County California Where They Are, the Local REALTOR\u00ae Association Demystifies Complex Housing Issues with Webinars and Podcasts<\/a><\/li>\n<li><a href=\"https:\/\/urldefense.com\/v3\/__https:\/ai360.aristotle.com\/public\/AI360EmailTracking\/Clickthrough.aspx?cdbID=2e166870-894a-423a-a6f7-6560a8904c6c&amp;mactID=bcc12fce-0ce6-4455-99da-9cdf67d97d62&amp;atvID=8de83f4d-d139-4eb5-be2a-fa13e8449d17__;!!PkLhtwKy7FfEb1-0dSs!e_ozX0MXQOKq76qMDaBsgannjQeZCqb4HVflpsQdnc8WX8bgEvRlq6HCKPej4qujyB-pX-QzAqGOO8WuoQr20lf9Ehgooj0VVw$\">REALTOR\u00ae Association of Central Massachusetts Hosts Fair Housing Trivia Night to Reach More Members and Colleagues with Essential Education<\/a><\/li>\n<li><a href=\"https:\/\/realtorparty.realtor\/homepage\/success-story\/etar-lu0225\">East Tennessee Association of REALTORS\u00ae Taps Land Use Initiative Program to Defeat Proposed Down-zoning in Knoxville<\/a><\/li>\n<li><a href=\"https:\/\/realtorparty.realtor\/homepage\/success-story\/etar-lu0225\">A New Park, A New Chapter: Oak Park Area Association of REALTORS\u00ae Join Forces on Elmwood Park Revamp<\/a><\/li>\n<\/ul>\n<h4>Link Library<\/h4>\n<ul>\n<li><a href=\"https:\/\/www.nar.realtor\/advocacy\/federal-advocacy\/nar-legislative-priorities\">FlyIn.realtor<\/a>: Advocacy talking points and priorities<\/li>\n<li><a href=\"https:\/\/realtorparty.realtor\/\">RealtorParty.realtor<\/a>: REALTOR\u00ae Party grants and resources<\/li>\n<li><a href=\"https:\/\/www.nar.realtor\/AdvocacyMission\">NAR.realtor\/AdvocacyMission<\/a>: How NAR is making housing more affordable, available, and accessible<\/li>\n<li><a href=\"https:\/\/www.nar.realtor\/advocacy\/nar-advocacy-wins\">NAR.realtor\/AdvocacyWins<\/a>: One-stop shop for advocacy successes<\/li>\n<li><a href=\"https:\/\/www.nar.realtor\/washington-report\">Washington Report<\/a>: Policy updates<\/li>\n<li>APOA: <a href=\"https:\/\/www.nar.realtor\/magazine\/real-estate-news\/law-and-ethics\/where-the-fight-to-protect-property-rights-goes-in-2025\">Where the Fight to Protect Property Rights Goes in 2025<\/a><\/li>\n<li><a href=\"https:\/\/www.nar.realtor\/the-facts\">Facts.realtor<\/a>: Settlement information and resources<\/li>\n<li><a href=\"https:\/\/www.nar.realtor\/advocacy\/advocacy-scoop-podcast?cid=em_Scoop-50\">The Advocacy Scoop Podcast<\/a><\/li>\n<\/ul>\n<h4>REALTOR\u00ae\u00a0Party Social Channels<\/h4>\n<ul>\n<li><a href=\"https:\/\/www.linkedin.com\/posts\/narrealtorparty_realtorparty-activity-7292624428037775362-Tko5\">LinkedIn<\/a><\/li>\n<li><a href=\"https:\/\/x.com\/narrealtorparty?mx=2\">X<\/a><\/li>\n<li><a href=\"https:\/\/www.facebook.com\/NARRealtorParty\/\">Facebook<\/a><\/li>\n<li><a href=\"https:\/\/www.instagram.com\/narrealtorparty\/\">Instagram<\/a><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"In This Issue\u00a0\r\nFinal Tally for RPAC\u2019s 2024 Election Cycle.\r\nAdvocacy Scoop Podcast Reveals NAR\u2019s Biggest Wins of 2024.\r\nFlood Insurance at a Crossroads: NFIP Reforms, Risks and Real Estate Impacts.\r\nLooking Back at 2024: NAR Advocacy By-The-Numbers.\r\nCommunity Outreach Grants and Transforming Neighborhoods Programs Are Open for Associations to Apply.\r\nNew Placemaking Video Highlighting REALTOR\u00ae Leadership in Livable Communities.","protected":false},"author":3,"featured_media":21273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[812,68,813],"tags":[],"class_list":["post-21265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletters","category-realtor-party-news","category-realtor-party-news-newsletters"],"acf":[],"_links":{"self":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/21265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/comments?post=21265"}],"version-history":[{"count":3,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/21265\/revisions"}],"predecessor-version":[{"id":21288,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/21265\/revisions\/21288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/media\/21273"}],"wp:attachment":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/media?parent=21265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/categories?post=21265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/tags?post=21265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}