In This Issue…
Dates & Deadlines
June: Homeownership Month
June is Homeownership Month and we need your help celebrating! This year, we’re celebrating the ways homeowners (and homeownership advocates) make our communities happier, safer, and more connected. Here’s how you and your members can be involved:
- Follow us on Twitter (@NAR_homeowners) and Facebook (@homeownershipmatters)
- Follow the conversation on social media using the hashtag #HomeownerHero
- Celebrate a #HomeownerHero in your community by using the hashtag on social media
More Homeownership Month assets (like social media posts) will be available for download on the Homeownership Matters website. Contact Erin Murphy at 202-383-1079 for more information.
2018 GAD Institute: June 8 – Early Registration Ending; June 16 – Online Registration Ends
The GAD Advisory Group hopes you can join us for the 2018 GAD Institute in Portland, Oregon from July 17 – 19! This year they have packed the program full of optional, hands-on workshops (pre-registration required during registration) as well as the issues, topics and speakers YOU have requested!
Plan to be there when the Institute officially kicks off on Tuesday at 12:00 p.m. through Thursday night as we wrap up the conference with a fun Oregon Night Out reception. On-site registration and program pick-up opens Monday from 3:30– 5:30 pm.
Two new items this year include award-winning walking tours, discounted just for our group, to better give you a flavor of Portland, its economic drivers and current issues; and GADs Give Back to give back to our host city and provide fashion and super hero dolls to children at Randall Children’s Hospital.
Registration and Program Details
Registration Fee: $500; $550 after June 8, 2018
On-site Register: Available after June 16
For more information, contact Kyle Lambert London.
July 2: FPC Stipend Invoices Due
A stipend of up to $1,000 per FPC is provided for costs incurred to travel to Washington, D.C. for the REALTORS® Legislative Meetings & Trade Expo (RLMTE). Any FPC, not otherwise reimbursed by their state or local association (for example: member of the Board of Directors or Leadership), is eligible to apply for the stipend. The reimbursement process is the same as in previous years: FPCs, following state reimbursement rules, should file their expense report with the state immediately after the RLMTE. States will aggregate each FPC expense report and submit one invoice to NAR for the entire state FPC delegation that attended the meetings and are requesting the stipend. The invoice should list the name of each FPC requesting assistance, and the amount requested for each FPC. Deadline for invoice submission to NAR is July 2, 2018. Please email your invoice to govcpapay@nar.realtor and copy Victoria Givens.
GAD News & Resources
New at the 2018 GAD Institute! GADs Give Back.
GADs Give Back is a new initiative to give back to the host community! This year, Portland’s Randall Children’s Hospital has been chosen to receive GAD support.
Please bring (or pick up in Portland) a super-hero or fashion doll to contribute to the hospital as a token of our appreciation to the city hosting us. Your gift of a doll will be distributed by the nurses to the children who spend days or weeks in the hospital. A surprise toy provides hours of happiness and perhaps some relief from their illness. During the holidays or on their birthday, this may be the only gift the child receives.
Super-hero and fashion dolls will be collected at the registration desk during registration hours. If you are interested in helping deliver the dolls immediately following the Institute on Friday, please sign up at the registration table or see Dwayne Mingo for details. For health reasons, deliveries will not be made directly to the child, but to the Hospital Administrator.
Can’t bring a doll? Don’t want to shop? Make your check payable to the Randall Children’s Hospital or — if your contribution is cash — we will go shopping for you!
FHA Commissioner Montgomery Confirmed
On May 23, the Senate confirmed Brian Montgomery to be the Assistant Secretary/FHA Commissioner for the U.S. Department of Housing and Urban Development by a vote of 74-23. The vote comes six months after the Senate Banking Committee approved him, but only one week after REALTORS® urged his confirmation on Capitol Hill as part of the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. Montgomery previously served as FHA Commissioner for Presidents George W. Bush and Barack Obama. He has a proven record of accomplishment as a strong advocate for FHA and its role in mortgage markets.
Changes to Community Outreach Grant Deadlines
Changes have been made to the last monthly deadline for submitting Community Outreach Grant applications for Level 2 grants in Housing Opportunity, Smart Growth, and Diversity. It will now be September 15. Applications for Level 1 grants and for Placemaking grants will be accepted until October 1. Please visit the REALTORparty.realtor website for more information about these grants.
State Legislative Monitor
Louisiana Governor Edwards vetoed a bill (SB 462) that would have banned local governments from implementing inclusionary zoning (IZ) programs. Although no parish or jurisdiction have implemented IZ measures, Governor Edwards does not want to limit the ability to “boost affordable housing.” Tennessee Governor Haslam signed a bill (HB 1020) that will preempt local governments from banning or limiting short-term rentals for two years. First-time home buyer savings accounts legislation in Missouri is awaiting the Governor’s signature. A measure in Missouri will make changes to the historic and low-income housing tax credit (SB 590) such as increased fees, was signed into law on June 1. For more information, contact Adriann Murawski at 202-383-1068.
NEW RESOURCE: State Capital Gains Rates on Sale of Home
Most real estate professionals are familiar with capital gains taxes especially at the federal level. Meanwhile, state capital gains tax rates might also impact the bottom line. Capital gains taxes are paid at the time of sale of an asset (i.e. real estate). As of May 2018, Guam has the highest maximum rate at 20 percent, whereas North Dakota has the lowest maximum rate at 2.9 percent. Download today (log-in required). For more information, contact Adriann Murawski at 202-383-1068.
Get Legislative & Regulatory Updates through the NAR Weekly Newsletter
Subscribe to the NAR Weekly Newsletter and check the “Legislative & Regulatory Issues” box to receive weekly updates by e-mail on legislative and regulatory policy activities affecting all aspects of residential and commercial real estate. The weekly legislative and regulatory issues updates are also available through the Washington Report publication, which is available to NAR members and the general public online at https://www.nar.realtor/washington-report. For more information, please contact John DiBiase at 202-383-1037 or Bira de Aquino at 202-383-1118.
Fair Housing at 50 – Expanding Access to Opportunity Report
Use NAR’s Fair Housing at 50 – Expanding Access to Opportunity report to start a discussion with your members about the paper’s recommendations for action. Recommendations include increasing diversity in leadership and representation; promoting awareness about fair housing issues; supporting state and local efforts to expand housing options; and advocating for strategies to promote housing opportunities. Read the full report for details. For more information, contact Wendy Penn.
REALTOR® Party Social Media Update
Posting advocacy content to your social media accounts? Use #REALTORParty to have it featured on the REALTORParty.realtor’s new social media wall! The NAR Community Outreach Facebook page has been shut down. Community Outreach updates and information will now be posted to the REALTOR® Party Facebook page. For more information, contact Tiane Harrison at 202-383-7531.
RPAC & Political Fundraising Update
Corporate Ally Program Update
The Corporate Ally Program (CAP) Advisory Board welcomes ServiceMaster, whose home office is located in Memphis, TN, as the newest real estate service business to invest this year. As the REALTOR® Party’s unique corporate, soft dollar fundraising campaign that supports the real estate industry as an advocate and influencer in the legislative and regulatory arenas, the program has now provided a source of funding to 18 state and local REALTOR® association issue campaigns. At work around the nation and on Capitol Hill protecting your business, CAP has been an instrumental factor in NAR’s progress toward restoring net neutrality to the nation. It has never been more important than now for corporate real estate entities to invest in REALTOR® Party advocacy through the Corporate Ally Program. Half of your investment will be used to support federal issues and half will be used to assist NAR to support state and local issues in your state. Be a member of the Corporate Ally team and invest today! For more information, contact Lauren Facemire at 202-383-1080 or Paula Martino at 202-383-1156.
2018 President’s Circle Update
The deadline for President’s Circle members to invest their first $500 was May 31. Three of the four President’s Circle rounds have launched for 2018, with the fourth and final round launching later this summer. The full $2,000 investment is due by September 30, 2018, but please encourage your members not to wait to complete their commitment in this important election year! View the current President’s Circle Roster online. For more information, contact Lauren Facemire at 202-383-1080 or Kanoa Naehu at 202-383-1268.
RPAC Training Webinar: Awards & Goal Tracking
Want to track your association’s progress toward the Triple Crown and President’s Cup Goals? Please join Peter Kelly, Director of RPAC Technology and Online Fundraising, and Jackie Zaporowski, RPAC Fundraising Coordinator, Tuesday, June 12 at 3:00 p.m. EST for a webinar that will review RPAC award criteria and how the PAC Management System can help you track progress toward your goals throughout the year. Click here to register. For more information, contact Liz Demorest at 202-383-1030.
RPAC Summer Email Campaign
While many people are starting to think of ways to cool off this summer, RPAC is just heating up! NAR is excited to announce the RPAC Summer Campaign, a three-month long email fundraising competition for State Associations. Don’t be left out! The deadline to participate is Monday, June 14. For more information, contact Peter Kelly at 202-383-7599.
NAR’s Economic Outlook
- Pending Home Sales Lose Steam in April, Decline 1.3 Percent – After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year.
- Infographic: April 2018 Foot Traffic – Foot Traffic is comparable to last month and only dropped 0.8 points to 51.6 in April 2018.
- Veterans and Active Military Home Buyers and Sellers Profile – What are the differences between veteran and active military vs. non-military home buyers and sellers? This profile takes a look.
- Video: Existing-Home Sales Slip 2.5 Percent in April – Sales of existing homes fell in April as prices continued to rise and inventory levels remained low. NAR Chief Economist Lawrence Yun discusses the data in this video.
- Remodeling Impact Report: Outdoor Features – Home and commercial property owners looking to take on a remodel should consider undertaking an outdoor project. For more information on NAR’s Economic Outlook, contact
- Meredith Dunn at 202-383-1207.
Message from the GAD ChairCady Thomas
GAD Chair
North Carolina Association of REALTORS®
The countdown is on to GAD Institute! If you have not registered, you have until June 8 to get the early bird discount, and June 16 to register overall. Believe me, you don’t want to miss all this Institute has to offer!
Before I see you in Portland, I will be seeing some of you the next two weeks in D.C. This week NAR is holding a new GAD/AE orientation. The last two classes have been fun and energized – can’t wait to meet this class as well.
The following week, NAR is holding the final part of the campaign training program. Can’t wait to see how much our GADs have learned through this project. Hope I will see you there!
Follow the REALTOR® Action Center!
GAD DirectorySAVE THE DATE
REALTOR® Party New GAD and AE Orientation (Summer)
June 7 – 8, 2018
Washington, D.C.
Candidate & Issues Campaign Training – In-Person Training
June 14 – 15, 2018
Washington, D.C.
2018 GAD Institute Registration Opens – Next Week
July 17 – 19, 2018
Portland, Oregon
Registration Fee: $500
Late Registration (after June 8): $550
On-site Registration Available After June 16
REALTOR® Party New GAD and AE Orientation (Fall)
September 13 – 14, 2018
Washington, D.C.
Registration opens late July
REALTORS® Conference & Expo
November 2 – 5, 2018
Boston, Massachusetts
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