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by Blanche Evans
If
you are buying a home with an federally insured loan and were
able to borrow up to $125,000, you can thank a REALTOR®.
The National Association of REALTORS® (N.A.R.) lobbyists,
among the most powerful in the nation's capital, successfully
fought to have the borrowing ceiling raised from $87,000 in
1997.
If you were able to sell your home last year and keep up
to $250,000 of the money tax-free, again, you can thank the
NAR, which was instrumental in raising your tax-free net from
a one time gain of $125,000 to giving you the ability to purchase
and occupy your home for up to two years, sell the home and
keep up to $250,000 tax-free, every two years.
Do you like deducting your mortgage interest rate off of
your federal i.nete taxes? Once, again, Realtors and their
lobbyists are in your corner. Legislators constantly propose
the elimination of the mortgage interest deduction, but the
NAR and its lobbyists beat it back on your behalf.
So you didn't know that Realtors put min your pocket? They
do. They are dedicated to protecting you - the home owner,
buyer and seller.
Realtors and the NAR spends millions of dollars promoting
home ownership annually in promotional campaigns and by taking
political action. RPAC donates millions annually to federal
candidates and political committees, making it one of the
top twenty-five most influential lobbying groups on Capital
Hill. Lobbying to protect homeowner rights is the number one
legislative focus of the NAR and puts the NAR at the forefront
of many economic issues.
In fact, the NAR is the only trade organization whose purpose
is to watch over the rights of homeowners, buyers and sellers,
and the only organization to actively lobby to protect those
rights. Thousands of home owners today owe their ability to
qualify for a home, the ability to buy a better home, and
the ability to afford more than one home to the NAR and its
lobbying efforts.
Yet, despite these tremendous accomplishments on your behalf,
the NAR and its members, are often misunderstood and under
appreciated. Only members of the National Association of Realtors
have the right to call themselves Realtors. Realtors must
be licensed and meet continuing professional requirements
to stay in business. As members of the NAR, Realtors are held
to an even higher code of ethics and standards of practice.
The NAR membership is government-regulated, unlike the membership
of many other organizations associated with the real estate
transaction. Its members are subject to internal and state-regulated
disciplines.
So when you choose to work with a real estate professional,
remember to choose a REALTOR®.
By hiring a Realtor, you'll put 730,000 Realtors in your
corner.
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