SCRAR advocates for our members in local government to create an environment that promotes home ownership and allows real estate professionals to conduct business without being burdened by onerous rules, regulations, and ordinances. Policy, Politics, and Public Affairs are the three areas in which we work.
We collaborate with local elected officials and their staff to advocate sound public policy that protects the interests of our members. In addition, our collaboration with local governments serves as the first line of defense against potentially detrimental laws.
We work to identify and support political candidates who understand and support REALTOR® priorities.
We plan and implement effective grassroots campaigns within our community to increase the visibility of REALTORS® and our priorities.
The advocacy efforts of SCRAR are overseen by Kim Clark, our Government Affairs Director. Kim provides timely and objective advice to the Association Board of Directors about the advocacy of local government issues and proposed legislation that will impact REALTORS® and our communities. The Association Board of Directors interviews advocates and opponents of local ballot initiatives, and with input from our GAD, determines which measures to support, oppose or abstain from taking positions. The same process is used to fund local candidate campaigns using the local portion of RPAC funds.
The association works on behalf of our members to monitor the local, state and national politics for any issues that may impact private property rights, homeowners and our members business.
REALTORS® Political Action Committee
What RPAC is all about?
The REALTOR® Party is a powerful alliance of REALTORS® and REALTOR® Associations working to advance public policies and candidates that build strong communities, protect property interests and promote a vibrant business environment.
Laws affecting the real estate business are passed every year, and many of these laws determine how we as real estate professionals do business and impact the profitability of our business. Each year RPAC supports political candidates who understand REALTOR® concerns and who support issues important to the real estate profession. RPAC is neither a Republican nor a Democratic organization. In fact, RPAC is the most bipartisan PAC in New Mexico and in the country today, supporting REALTOR® friends regardless of political party. Think of RPAC contribution as the best investment you can make in your business, community, future, and your family.
In other words…. RPAC is about REALTORS®
Is retaining the Mortgage Interest Deduction, which prevented real estate commissions from declining an estimated 13% or $7,350 for the average REALTOR® important to me?
Will the capital gains exclusion on the sale of a principal residence help my clients?
Is a 30 to 40 percent reduction in my NM Personal Income taxes important to me?
Will requiring lenders to commit good funds at time of closing be of benefit to my clients?
Is preventing a new added Transfer tax of up to 5% to the purchase price of a home a win for my client?
Is keeping the big banks out of real estate important to my business?
Is improving federal mortgage programs, allowing more families to join the ranks of homeownership important to this community?
These are all the things that RPAC has funded over the past few years at the state and national level.
Bottom Line.... Is any of this legislation important to me?
“Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. The amount suggested is merely a guideline and you may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your state PAC reaches its RPAC goal 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.”