REALTOR® Party News – November 2024

REALTOR® Party News – November 2024

In This Issue 

  • Front and Center at NXT: NAR Advocacy Scores Big in 2024 Election.
  • NAR President Joins Panel Discussion Focused on Supply Challenges.
  • NAR Applauds Introduction of the ROAD to Housing Act.
  • NAR Debuts Fair & Attainable Housing Ideas Forum.
  • Shaping Spaces for Every Stage of Life – On Common Ground Magazine.
  • Mark Your Calendars for 2025 Advocacy Week.
  • The Latest Advocacy Scoop Podcast – Recorded Live From NAR NXT.

CLICK TO WATCH – Mic Takeover: Advocating for Change – Closing the Homeownership Gap with NAR VP of Policy Advocacy Bryan Greene

 

What You Need to Know

NAR Advocacy Scores Big in 2024 Election

441 RPAC-supported federal candidates advanced from their primaries to the general election. We won a total of 431 of those races – bringing our success-rate for this year’s election to 98%.

We redoubled our efforts to elect federal champions, engaging in 58 Opportunity Races throughout this primary season with a 93% success-rate. And we took 94 Opportunity Races live before Election Day, with nearly 50/50 support for Democrats and Republicans.

On the state and local level, our State and Local Independent Expenditures Program 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. 

NAR Chief Advocacy Officer Shannon McGahn Outlines 2025 Priorities


At NAR’s NXT Conference, the Advocacy Scoop event dug into the association’s top advocacy priorities heading into 2025.

“Yes, we have a new government in town, but we have relationships on both sides of the aisle,” McGahn said. “We were ready regardless of who won.”

NAR continues its advocacy for measures to incentivize the sale of existing homes and the development of badly needed new housing stock. The association is also gearing up for tax reform, because provisions of the 2017 Tax Cuts & Jobs Act are set to expire at the end of 2025.

NAR President Joins Panel Discussion Focused on Supply Challenges

NAR President Kevin Sears joined national housing leaders for a panel reception hosted by the National League of Cities and American Planning Association focused on the Housing Supply Accelerator Playbook, a guide that contains more than 40 strategies for state and local governments to deploy in the fight for housing affordability.

NAR Applauds Introduction of the ROAD to Housing Act

This month, Congress introduced the Renewing Opportunity in the American Dream (ROAD) to Housing Act.

NAR President Kevin Sears issued a statement in support of the new piece of legislation stating that it can “serve as a marker for discussions on how Congress can help bring families closer to achieving homeownership and building intergenerational wealth.”

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.

RPAC Update

As of October 31, RPAC fundraising reached 87% of its national goal with $43.47 million raised at all three levels of the association, and 114% of its federal disbursements allocation goal with $11.3 million raised at the national level. RPAC has 9,646 Major Investors and a 32% participation rate.

The REALTOR® Party At Work

2024 Election HQ

To check out the most up-to-date NAR REALTOR® Party election results, visit Advocacy Wins.

REALTOR® Party Success Stories

REALTOR® Party Resource Spotlight

Shaping Spaces for Every Stage of Life – On Common Ground Magazine
The latest On Common Ground magazine is here, focusing on “Generational Transitions” and the evolving needs of communities across all life stages. Discover insights on housing, community amenities, and transportation to guide impactful projects and strengthen ties with public officials. Bulk orders are available for distribution to key stakeholders, or subscribe to the digital edition with one click!

The first ever Advocacy Week is scheduled for January 22-25, 2025, in Washington, D.C.

Advocacy Week combines four signature advocacy events into a single advocacy experience, uniting in Washington, D.C. the various volunteer leaders throughout our organization who require advocacy training.

The four events include: REALTOR® Party Training Conference, Public Policy Coordinating Committee Meeting, Federal Political Coordinator Training, and NAR’s annual Policy Forum.

REALTOR® Party Playlist

Advocacy Scoop: Live from NAR NXT – And the Winners Are!
Shannon and Patrick unpack the election results and initial reactions. They discuss what each outcome means for NAR and REALTORS® in 2025 and beyond.

Link Library

Post a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.