The REALTORS® Political Action Committee (RPAC)
If real estate is your career, politics and RPAC are your business.
RPAC is the voice of REALTORS® on Capitol Hill. Since 1969, RPAC has been promoting the election of pro-REALTOR® candidates across the United States. During the last federal election cycle alone, RPAC contributed over $12 million to pro-REALTOR® candidates to Congress, making it the number one trade association political action committee in the nation. Learn more about RPAC, here.
What has RPAC accomplished?
At the local level:
- Every time you put a real estate sign in a client’s yard, thank RPAC. The REALTORS® have fought against proposals to limit or ban real estate signs in yards in Summerville and elsewhere in the area.
- Stopped a proposed real estate transfer tax in the City of Charleston.
- Stopped mandatory energy efficiency upfits prior to a sale of a house in the City of Charleston.
- Stopped a Mt. Pleasant Waterworks proposal to make the property owner responsible for the tenant water bill.
- Stopped a rental registration ordinance and fee in the City of Charleston.
- Helped promote the need to build I-526.
At the state level:
- Every time you fill out a contract – thank RPAC. The Bar Association constantly tries to take away a REALTORS® right to fill in a contract and make an attorney do it – costing the seller more money and making you less effective.
- Successfully fought against several housing mandates – including a provision to require sprinklers in all new construction, which would’ve raised new construction prices $6 per square foot.
At the Federal level:
- Passed a Congressional ban on banks owning real estate brokerages. Imagine today’s current market if banks could own real estate brokerages and listed their own property.
- The REALTORS® lobbied Fannie Mae to preserve real estate commissions on short sale deals. Fannie has instructed their servicers not to reduce commissions paid to agents on their short sales – protecting the agreement the agent works out with the seller.
- Availability of flood insurance with a five-year reauthorization of the program and working on continuing changes to ensure the affordability and availability of flood insurance.
How do you become an RPAC investor?
Any contribution to RPAC can help support and protect the industry you work in.
Sample giving levels:
$25 Fair Share Club – $99 Bronze Star Club – $250 Capitol Club – $500 Diamond Club
$1,000 Sterling ‘R’ – $2,500 Crystal ‘R’ – $5,000 Golden ‘R’
The REALTOR® Party
We are the REALTOR® Party! We are an energized movement of real estate professionals fighting to keep the dream of homeownership alive for this country.
Now more than ever, it is critical for REALTORS® across America to come together and speak with one voice about the stability a sound and dynamic real estate market brings to our communities. From city hall to the state house to the U.S. Capitol, our elected officials are making decisions that have a huge impact on the bottom line of REALTORS® and their customers. Through the support of REALTORS® like you, the REALTOR® Party represents your interests.
Learn more about the REALTOR® Party, here.
Contributions to RPAC are voluntary and are used for political purposes. The Association will not favor or disadvantage anyone by reason of the amount of their contribution, and you may refuse to contribute without reprisal by the Association. 70 percent of each contribution is used by your State RPAC to support state and local political candidates. The other 30 percent is sent to National RPAC to support Federal candidates and is charged against your limits under 2 U.S.C 441a. Contributions are not deductible for Federal income tax purposes.