REALTOR® Party News – October 2024

REALTOR® Party News – October 2024

In This Issue 

  • Election Day countdown: NAR accelerates efforts to elect REALTOR® Party champions across the country.
  • National Flood Insurance Program lapse averted.
  • Don’t miss advocacy programming at NAR NXT.
  • Check out new Pathways to Homeownership page.
  • Latest Advocacy Scoop podcast unpacks RPAC.

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In Decatur, Alabama, bright paint, lighting, and seating created a “Sonny” gathering place for local students and community members. Read the newest Spaces to Places blog about how the Morgan County Association of REALTORS® partnered with their downtown economic development agency to transform an abandoned alley into a vibrant arts hub.

What You Need to Know

NAR Accelerates Efforts to Elect REALTOR® Party Champions

We’re 27 days out from Election Day.

372 RPAC-supported federal candidates advanced from their primaries to the general election. We engaged in 57 Opportunity Races throughout the primary season, with a 93% success rate.

Now, as the general election approaches, we’re redoubling our efforts to elect federal champions. We’re taking 97 Opportunity Races live before Election Day, with nearly 50/50 support for Democrats (48) and Republicans (49).

On the state and local level, our State and Local Independent Expenditures Program has supported more than 400 REALTOR® Party champions this year, and as of last month, every state and D.C. has now participated in the program over its lifetime.

Last month, NAR was proud to partner with National Voter Registration Day. Over 93% of REALTORS® are registered to vote — let’s get to 100%. Check your voter registration status to ensure you can vote for REALTOR® Party champions and policies to protect property ownership.

National Flood Insurance Program Lapse Averted 

Though concerns arose in September about a potential government shutdown, Congress passed a funding package on September 25 that also extended the National Flood Insurance Program’s (NFIP) authority to provide flood insurance through December 20.

NAR urged congressional leaders to ensure an on-time NFIP extension. We will continue to stress the need for stability and predictability in this essential program.

Don’t Miss Advocacy Programming at NAR NXT

NAR NXT arrives in Boston in just a few weeks with lots of advocacy programming planned for attendees. Mark your calendars for these highlights you won’t want to miss:

The Advocacy Scoop
Thursday, November 7
3:30-4:30 pm ET

Join us for the live recording of this special post-election episode where Shannon and Patrick will analyze the election results in real time. From the White House to the most competitive congressional races, they’ll discuss what each means for NAR’s priorities and what to expect in 2025.

Regulatory Issues Forum
Friday, November 8
1:30-2:30 pm

The Forum will feature a panel discussion on the housing supply crisis and regulatory barriers that stifle development, exploring practical solutions and proposals at all levels of government to address the housing shortage.

State & Local Issues Roundtable
Friday, November 8
3:00-4:00 pm ET

Explore innovative solutions for expanding housing supply focused on sustainable growth and affordability. Learn about policies, funding, and partnerships to create diverse, affordable housing while balancing economic, social, and environmental goals.

Federal Legislative and Political Forum
Saturday, November 9
1:30-2:30 pm ET

Dive into the intricacies of the election with today’s leading political statistician, Nate Silver. This session will offer a unique perspective on the electoral process and what it reveals about the current political landscape.

Placemaking Networking Session
Saturday, November 9
2:30-3:15 pm ET

Connect with association peers to share successes and lessons learned from past placemaking projects and brainstorm future projects your association can lead. Learn how NAR’s Placemaking grant can assist these efforts, and get more inspiration at the Placemaking Lounge at the Expo.

REALTOR® Magazine Highlights Advocacy Successes

Recent REALTOR® Magazine features dove into the successes of NAR’s advocacy operation.

How the REALTOR® Voice Reaches the Halls of Power” explores how the three-way agreement allows the REALTOR® organization to quickly mobilize on real estate issues at a large scale at all levels of government.

On the heels of averting a government shutdown, “NAR Facilitates Rare Moments of Unity in American Politics” explores how NAR’s advocacy team harnesses the bipartisan power of housing to bring lawmakers together on solutions.

 

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RPAC Update

As of September 30, RPAC fundraising reached 78% of its national goal with $38.82 million raised at all three levels of the association, and 106% of its federal disbursements allocation goal with $10.5 million raised at the national level. RPAC has 7,873 Major Investors and a 31% participation rate. .

 

The REALTOR® Party At Work

2024 Election HQ

Of 396 primary contests, RPAC-supported candidates in 372 congressional districts advanced to the general election. The Opportunity Race Program has supported 57 candidates, with 53 winning their primaries. The program is taking 97 Opportunity Races live for the general election.

REALTOR® Party Success Stories

REALTOR® Party Resource Spotlight

Pathways to Homeownership Page
NAR remains committed to closing the racial wealth gap and empowering REALTORS® to lead these efforts in their communities. Explore resources for members and associations on our new Pathways to Homeownership page.
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REALTOR® Party Playlist

Advocacy Scoop: Unpacking RPAC
For the past 45 years, the REALTORS® Political Action Committee (RPAC) has promoted the election of pro-REALTOR® candidates across the U.S. In this episode, ahead of the 2024 election, Shannon and Patrick “unpack” some of the most commonly asked RPAC questions and uncover why VEEP is Shannon’s favorite political show.

American Planning Association Podcast
NAR President Kevin Sears joined the American Planning Association podcast to discuss the challenges and opportunities in growing the nation’s housing supply and share more about why REALTORS® are partnering with the Housing Supply Accelerator to advance local solutions.


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