That's a Wrap, 2024

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- Welcome to the advocacy scoop,
the podcast that takes you

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inside the advocacy work
of the National Association

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of Realtors, connecting
1.5 million members

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with their advocates in
Washington for a front row seat

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to the fight for public policy
that strengthens the ability

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of Americans to access property ownership.

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- Hello everyone. Welcome back

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to the advocacy Scoop podcast.

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I'm Patrick Newton NAR's,
director of advocacy,

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communications and Strategy.

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And I can't believe I'm saying
this, but it's episode 10.

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It's the season finale of season one,

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and as always, I'm here
with Shannon McGahn

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- Season finale.

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I feel like it's sweeps week

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or, you know, there's
just all kinds of stuff

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that we can be leading up to.

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But yes, the end of the year is here.

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- We didn't have a celebrity appearance

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for sweeps. We only we'll need, we'll need

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- That.

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We have you, Patrick.
That's all that matters.

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- We need Bradley Cooper.
You're better. Well welcome.

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So this is our last episode
of the year. It's December.

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Happy holidays, but this
is a little time of year.

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Well, I like to call winning season

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because we take a a, a
retrospective look back on all

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of our wins for throughout the year.

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And we've had some huge wins.
Like, I love a scoreboard.

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Like, I just like to
look up on the scoreboard

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and see just a slaughter.

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We need to slaughter
rule. We've been winning

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too much this year, Shannon.

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And that's because of you. So,

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- Oh, the whole team.

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The whole team. Well, we do
actually have a scoreboard.

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It's called n Realtor slash Advocacy wins.

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- It's our little wins page.

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We're actually still building it out.

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There's gonna be a lot more added

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to it in the coming weeks and months.

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But yeah, we'd like to chronicle all

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of our work throughout the year.

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We'd like people to know
our treasured members,

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what their advocacy dues dollars go toward

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- $156.

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That's the amount for member

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to join NAR at the national level.

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Around $70 of that goes
directly towards advocacy.

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That's about 19 cents a
day for these types of wins

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that we're going to go over today.

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And for all of the efforts
that are the insurance for you

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and your industry and the
consumers that you represent.

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- Well, Shannon, let's,
let's get to the scoreboard

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because we're, we're gonna do this fast

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because we have lots of wins.

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We're just gonna popcorn through this

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because Shannon has sort of
five groups that are under her.

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She's got the ledge team, the policy team.

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She has the, the state and local team,

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and she has the political team

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and then also this new initiative
that you started with some

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of these judicial fights

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that we've been getting into as well.

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So we're gonna just tick through our,

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our top five from each
of those categories.

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This is gonna be fun.
I wanna keep it moving.

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Hold onto the steering wheel
if you're listening in the car.

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So we're gonna start with legislative,

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which is our wheelhouse.

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We both came from the hill, so I loved,

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I wanted to open with ledge.

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I love it. So tell us a
little bit, I'm gonna start

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with this fact.

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You tell us, Shannon, how
many meetings did N'S advocacy

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team take with lawmakers this year?

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- Oh my goodness. Oh my goodness. Okay.

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We did the math on this and
I can't believe the number

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because I know people are
on the hill all the time.

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And even in August when no
one's in DC we are, our,

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our advocacy team is traveling
around the country, going

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to district offices.

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And we did the, the actual math, again,

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we had more than 5,000 meetings
with members of Congress

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and their staff this year.

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- I mean, that is
counting federal political

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coordinators and our lobby team.

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But I'm literally on my, on my phone

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- Right now and FPCs are
in back in the district

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and they also fly to DC for meetings.

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So, all right, you have
the calculator app open,

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- 5,000 divided by 365, that's,

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that's almost 14 meetings a day,

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- Assuming weekends and holidays,

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- Assuming weekends and holidays. So

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- Yes, yes, no, no spring break for.

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So that is incredibly impressive.

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And I know no other
organization who is capable

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of pulling off that many meetings

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and just those incredible relationships

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that we have in the ability
to have those contacts.

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- So ledge win, number
one, the introduction

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of the most bipartisan real
estate legislation than ever

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before took that many
meanings. That makes sense.

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- Well, and when you say
legislative wins, a lot

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of times people think that's an oxymoron

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because there isn't a lot

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of legislative activity
occurring these days.

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But a win doesn't necessarily
mean that something is passing

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through the House or Senate
or is being signed into law.

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It means that there is
progress that's being made.

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There's motion before progress
and progress before success.

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And we had real progress

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and even some real success this year.

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So navigating those razor thin
majorities, a record number

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of retirements this year, resignations,

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those all presented
significant challenges.

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However, our advocacy team
was thinking creatively

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and looking at bipartisan
initiatives, not just

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for this Congress, but looking
into future congresses.

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What could happen next year as, especially

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as you see expirations of the tax cut

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and jobs act, some of those
key provisions are going

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to require that Congress look
at tax bills going into 2025.

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So we had many key bills in
this area that were passed,

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or I'm sorry, were introduced,
sponsored, introduced

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and co-sponsored by bipartisan members.

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You can find all of
these on Flyin realtor,

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the other fantastic site that Patrick

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and team put together that shows all

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of our federal priorities.

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- It's America's Blueprint for Success.

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- Oh, really? Your, your
legacy items right here.

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The Scoop Flyin realtor advocacy wins.

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- Alright. Bipartisan legislation.

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The most ever we've,

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we've helped get introduced WIN number

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two for the Ledge team. What do we got?

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- Something? Oh, I'm not
being popcorny enough. Okay.

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But let's just talk more
homes on the market choice

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and Affordable Housing Act,

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revitalizing downtown's
and Main Street Act.

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Please go check those
out on Flyin realtor.

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Next, the introduction, the launch

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of the Bipartisan Real Estate
Caucus that happened in May

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during our realtor legislative meetings.

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So those are Congressman Mark
Alford of Missouri, Lou Correa

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of California, Tracy Mann of Kansas.

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And Brittany Peterson of
Colorado helped to launch

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that bipartisan real estate
caucus that's designed

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to streamline communication
between Congress

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and industry experts.

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And also there are many
members of Congress

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who have a real estate background

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or an interest in real estate

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and property ownership, home ownership.

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But they may not be on a committee

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that is directly dealing with it.

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Every member of Congress is on a committee

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that indirectly may deal with
real estate related issues.

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But we have since increased
that number from the four

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who started it in May to 50
members of Congress that are on

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that bipartisan caucus.

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And more to come.

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- Well if you listen to
the advocacy skew podcast,

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you found out about this
caucus before it was public.

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That was our scoop one
month. So awesome. Next win.

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Yes. In my backyard,

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- Yimby, we all have heard
NIMBY the Not in My Backyard.

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This is the yes in my Backyard Bill

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that passed the House
Financial Services Committee,

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my old stomping grounds, 48 to nothing.

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This was introduced by a
bipartisan group of members.

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It requires community development
block grant recipients

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to report on how they're
removing discriminatory land use

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policies that could impede
housing development.

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So we're expecting some
potential future movement there.

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This is a very likely
suspension candidate, meaning

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that it could be passed
without having to go

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through the rules committee. So

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- Possibly this very month, right?

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- Possibly this very month,
- Because it's early December.

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So, I mean, this is one of
those things they might try

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to get across the, the finish
line for the end of the year.

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Alright, win number four.
Something we love to talk about.

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It's literally my favorite
topic. 10 31 like kind exchange.

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- I knew that was your favorite topic.

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- I know it's 'cause I
didn't know what it was

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before I came to n ar and now I'm like,

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I feel like I'm an expert on it.

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- And, and once you realize what it is,

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it makes all the sense in the world.

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It's that I cannot understand for the life

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of me why folks think

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that you should be paying such
an increased tax penalty when

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you're going to put

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that money directly
into another investment.

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So this has been something

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that our government advocacy
has successfully defended from

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being used as a budget pay for.

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So 10 31, meaning that it,

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it's a tax deferred capital
gains if you're selling one home

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or investment property
or or commercial property

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and you're going to purchase
something else with that money

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that you're not paying a
huge capital gain hit on it.

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So it is a feature, not a bug.

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It is a incredibly important
tax program in order

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to see investment in communities.

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And it's often on the chopping
block as a potential pay for.

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But so far no luck

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because we have bipartisan
groups of members

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who understand how important it is.

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- And we consider that a
win. 'cause thi this year,

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and I think every year of it
was in the president's budget

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for the past couple years as
a pay for for other things.

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And so we just successfully
defended that as we have

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for like more than a decade.

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Alright, win number five for
the Ledge team this year.

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Top five list here.

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Reauthorizing the Flood Insurance program.

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- Yes. The National
Flood Insurance Program,

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once again avoided any lapse in coverage.

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This is something that's tied

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to the regular government funding bill.

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And so whenever you're
looking at the, the news

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and they're saying there could
be a potential government

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shutdown, chances are the
National Flood Insurance Programs

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authorization is part of that.

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A lapse of that program
would leave millions

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of Americans at risk

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and it would disrupt
the purchase of homes,

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especially if you are
closing during that time.

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So the risk of that lapsing is something

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that we don't wanna see.

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And so we have successfully
advocated for extending

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that program, making
sure that it keeps going,

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and then hopefully in
the next congress, I've

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been saying this for many years,

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but I worked on that
committee and on those issues

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and there is bipartisan support
for a full reauthorization

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that would ensure we don't have to keep

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kicking the can down the road.

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- Okay, let's move to our next grouping.

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This is regulatory policy wins.

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Now the first win for our
regulatory team, I've just decided

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to call meetings palooza

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because they have been all
over town having meetings

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with all year long with ju just like the,

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the pledge team has been
meeting with Hill offices.

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They've been doing the same thing on the

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administration executive branch side.

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- So this is just such a
jewel of our advocacy program

253
00:09:51,870 --> 00:09:54,210
that we have so many of
these policy experts,

254
00:09:54,210 --> 00:09:56,670
subject matter experts,
who not only are able

255
00:09:56,670 --> 00:09:59,640
to follow these incredibly
complex issues as they move

256
00:09:59,640 --> 00:10:02,160
through regulatory channels
and through the hill,

257
00:10:02,160 --> 00:10:05,940
but also to go in and
advocate on your behalf.

258
00:10:05,940 --> 00:10:09,540
So this past year we wrote the White House

259
00:10:09,540 --> 00:10:13,050
and federal agencies more than
20 times to go on the record,

260
00:10:13,050 --> 00:10:14,820
weighing in on proposed regulations

261
00:10:14,820 --> 00:10:16,770
and other administrative actions.

262
00:10:16,770 --> 00:10:19,830
Everything from opposition
to rent control measures,

263
00:10:19,830 --> 00:10:21,285
to supporting FHA

264
00:10:21,285 --> 00:10:24,930
and FHFA policies that would
make mortgages more affordable

265
00:10:24,930 --> 00:10:28,710
and extending housing
opportunities to more Americans.

266
00:10:28,710 --> 00:10:30,570
So the in-person meetings,

267
00:10:30,570 --> 00:10:34,980
or even more frequent, that
includes visits to HUD's, office

268
00:10:34,980 --> 00:10:38,970
of Fair Housing, federal
Housing Administration meetings,

269
00:10:38,970 --> 00:10:40,200
healthy homes, public

270
00:10:40,200 --> 00:10:43,410
and Indian Housing, housing
voucher programs, office

271
00:10:43,410 --> 00:10:45,000
of the secretary.

272
00:10:45,000 --> 00:10:49,590
My favorite meeting was bringing
our CEO Nikia Wright into

273
00:10:49,590 --> 00:10:51,330
to meet with the Acting
Secretary of Housing

274
00:10:51,330 --> 00:10:54,090
and Urban Development
and the FHA commissioner.

275
00:10:54,090 --> 00:10:56,760
And then also over to the
White House for a couple

276
00:10:56,760 --> 00:11:00,035
of key meetings, a tour and
lunch at the White House.

277
00:11:00,035 --> 00:11:01,200
- I mean, I love this running list.

278
00:11:01,200 --> 00:11:03,540
It's like Department of Labor that the va,

279
00:11:03,540 --> 00:11:04,740
they met with the treasury.

280
00:11:04,740 --> 00:11:06,990
So I mean they, they were all over town.

281
00:11:06,990 --> 00:11:09,600
- And we escorted 13 of
the nation's top brokers

282
00:11:09,600 --> 00:11:11,190
for a meeting at the White House

283
00:11:11,190 --> 00:11:13,650
and met with the Domestic Policy Council

284
00:11:13,650 --> 00:11:15,060
and the National Economic Council.

285
00:11:15,060 --> 00:11:17,100
So your voice is being heard at all levels

286
00:11:17,100 --> 00:11:18,510
of government for sure.

287
00:11:18,510 --> 00:11:21,510
- All right. So for the policy
team, our, their second win

288
00:11:21,510 --> 00:11:23,880
for the year, I call settled

289
00:11:23,880 --> 00:11:26,220
because these have to
do with the settlement

290
00:11:26,220 --> 00:11:28,830
and we have two big wins there under

291
00:11:28,830 --> 00:11:30,030
this, under this heading.

292
00:11:30,030 --> 00:11:31,230
So tell us about those.

293
00:11:31,230 --> 00:11:33,810
- Yes, it was a very quick response

294
00:11:33,810 --> 00:11:36,450
to the settlement agreement on March 15th

295
00:11:36,450 --> 00:11:39,240
where we immediately reached
out to the Department

296
00:11:39,240 --> 00:11:40,290
of Veterans Affairs

297
00:11:40,290 --> 00:11:42,780
and were able to have a temporary lift

298
00:11:42,780 --> 00:11:44,880
of its ban on buyers directly paying

299
00:11:44,880 --> 00:11:47,430
for professional real
estate representation.

300
00:11:47,430 --> 00:11:48,810
So that went into effect

301
00:11:48,810 --> 00:11:50,940
and we are looking for a
more permanent solution.

302
00:11:50,940 --> 00:11:53,410
But right now it did solve the problem.

303
00:11:53,410 --> 00:11:56,890
We also launched an all hands
advocacy effort on this issue,

304
00:11:56,890 --> 00:12:00,670
meeting with the VA officials,
lawmakers, industry partners,

305
00:12:00,670 --> 00:12:02,680
to make sure they knew of the consequences

306
00:12:02,680 --> 00:12:07,660
of this misguided policy that
VA has had for many years

307
00:12:07,660 --> 00:12:10,120
that helps to protect
veteran home loan benefits.

308
00:12:10,120 --> 00:12:12,580
So we successfully fought
to protect the ability

309
00:12:12,580 --> 00:12:13,630
to have a realtor and make sure

310
00:12:13,630 --> 00:12:15,700
that you could get those
benefits even if you wanted

311
00:12:15,700 --> 00:12:17,170
to use professional representation.

312
00:12:17,170 --> 00:12:20,440
So, so that was very big
and it happened quickly.

313
00:12:20,440 --> 00:12:23,770
And then even faster than
that, we secured FHFA

314
00:12:23,770 --> 00:12:28,000
and FHA protection of the
settlement agreements terms.

315
00:12:28,000 --> 00:12:31,270
So right after the settlement
agreement, we reached out

316
00:12:31,270 --> 00:12:34,180
to FHA and FHFA to ask them

317
00:12:34,180 --> 00:12:36,190
to issue statements assuring the public

318
00:12:36,190 --> 00:12:37,900
that the seller would still be able

319
00:12:37,900 --> 00:12:39,250
to pay the buyer's commission

320
00:12:39,250 --> 00:12:40,990
and that would not be counted toward

321
00:12:40,990 --> 00:12:44,110
what is called the limited
interest party contributions.

322
00:12:44,110 --> 00:12:45,610
I know you're all very familiar with that,

323
00:12:45,610 --> 00:12:47,830
but for those of you who are
not in practicing real estate,

324
00:12:47,830 --> 00:12:50,320
that is what a seller can
provide a buyer on a mortgage.

325
00:12:50,320 --> 00:12:53,020
But the statement from the
agencies was critical to show

326
00:12:53,020 --> 00:12:55,330
that the current commission
structure, the way

327
00:12:55,330 --> 00:12:58,870
that it has been customarily
handled is still in effect,

328
00:12:58,870 --> 00:13:01,990
this has been the law in 40
states around the country

329
00:13:01,990 --> 00:13:04,420
and the other states are
just simply silent to it.

330
00:13:04,420 --> 00:13:05,680
So it's a allowable.

331
00:13:05,680 --> 00:13:08,890
And then we confirmed that
the federal housing finance

332
00:13:08,890 --> 00:13:12,250
agencies and the entire federal
housing finance regime still

333
00:13:12,250 --> 00:13:14,620
understands that the customary
commission agreements are

334
00:13:14,620 --> 00:13:16,390
allowable and and permissible.

335
00:13:16,390 --> 00:13:17,680
And so that was a big

336
00:13:17,680 --> 00:13:20,350
and very quick victory
after the settlement.

337
00:13:20,350 --> 00:13:22,690
- And something they weren't prepared

338
00:13:22,690 --> 00:13:23,860
for at the beginning of the year.

339
00:13:23,860 --> 00:13:25,240
It wasn't on the strategic plan,

340
00:13:25,240 --> 00:13:28,300
but they, you know, we we're,
that's one of the things

341
00:13:28,300 --> 00:13:30,880
that w that I think makes
our advocacy so strong is

342
00:13:30,880 --> 00:13:32,590
how we're uniquely suited

343
00:13:32,590 --> 00:13:35,590
to snap into action when
something unexpected happens.

344
00:13:35,590 --> 00:13:37,870
- Absolutely.
- So third win

345
00:13:37,870 --> 00:13:40,090
for the policy team is something
I like to call regulate

346
00:13:41,200 --> 00:13:43,300
and that's actually multiple,

347
00:13:43,300 --> 00:13:45,160
multiple wins under the regulate column.

348
00:13:45,160 --> 00:13:46,690
So tell us a little bit about some

349
00:13:46,690 --> 00:13:48,610
of our regulatory wins this year.

350
00:13:48,610 --> 00:13:50,350
- Okay, regulators round up.

351
00:13:50,350 --> 00:13:52,930
So yes, we were able to
get some improvements

352
00:13:52,930 --> 00:13:56,440
to the FHA rehabilitation
mortgage insurance program.

353
00:13:56,440 --> 00:13:59,140
MIP. They announced this past year updates

354
00:13:59,140 --> 00:14:01,780
to the home renovation loan program.

355
00:14:01,780 --> 00:14:05,290
The specifically FHA
increased the maximum cost

356
00:14:05,290 --> 00:14:09,610
of their loan to $75,000 up from $35,000

357
00:14:09,610 --> 00:14:13,300
and extended the standard period
a buyer can use the program

358
00:14:13,300 --> 00:14:15,130
for to up to 12 months.

359
00:14:15,130 --> 00:14:17,200
So that brings a lot more flexibility

360
00:14:17,200 --> 00:14:20,890
and a lot more financial wiggle
room for those improvements.

361
00:14:20,890 --> 00:14:25,515
We also helped to fight costly
and onerous new bank rules.

362
00:14:25,515 --> 00:14:28,240
So in coordination with other
partner trade associations

363
00:14:28,240 --> 00:14:31,270
and on our own, we worked on
the federal reserves issues

364
00:14:31,270 --> 00:14:34,390
regarding what's called
Basel three end game.

365
00:14:34,390 --> 00:14:35,680
I'm sure you go, go Google that.

366
00:14:35,680 --> 00:14:37,060
I know it sounds like a
video game or something.

367
00:14:37,060 --> 00:14:40,150
But Basel three end game,
these are the, the regulations

368
00:14:40,150 --> 00:14:42,430
that would've had an
outsize effect on lending

369
00:14:42,430 --> 00:14:43,450
and servicing markets.

370
00:14:43,450 --> 00:14:47,560
So we joined with our partners,
warning bank regulators

371
00:14:47,560 --> 00:14:50,990
that this could really
raise the cost of borrowing

372
00:14:50,990 --> 00:14:54,170
and halt new programs
for underserved groups

373
00:14:54,170 --> 00:14:56,630
and potentially even further
reduced housing supply.

374
00:14:56,630 --> 00:14:58,820
So that was a big regulatory victory.

375
00:14:58,820 --> 00:15:00,260
And then we also advocated

376
00:15:00,260 --> 00:15:04,010
for some practical common sense anti-money

377
00:15:04,010 --> 00:15:05,420
laundering regulations.

378
00:15:05,420 --> 00:15:08,030
So all cash residential
real estate transactions.

379
00:15:08,030 --> 00:15:09,980
That's been getting a
lot of attention over the

380
00:15:09,980 --> 00:15:11,210
past several years.

381
00:15:11,210 --> 00:15:13,910
So we engage with the Treasury Department

382
00:15:13,910 --> 00:15:17,120
to oppose regulations that
would impose mandatory reporting

383
00:15:17,120 --> 00:15:19,100
and record keeping requirements,

384
00:15:19,100 --> 00:15:21,530
but also to ensure real estate
professionals are not subject

385
00:15:21,530 --> 00:15:24,710
to the same types of customer
due diligence requirements

386
00:15:24,710 --> 00:15:27,350
that banks and other financial
institutions have to do.

387
00:15:27,350 --> 00:15:29,060
But you can still make sure

388
00:15:29,060 --> 00:15:31,580
that there are anti-money
laundering regulations in effect,

389
00:15:31,580 --> 00:15:35,120
but without onerous new
burdens on realtors.

390
00:15:35,120 --> 00:15:36,590
- All right. Win number four.

391
00:15:36,590 --> 00:15:38,090
We fight rent control at the ballot box,

392
00:15:38,090 --> 00:15:40,010
but we also fight it with regulation.

393
00:15:40,010 --> 00:15:42,650
- Oh, exactly. This has been
coming up more often over the

394
00:15:42,650 --> 00:15:44,810
past several years, but
even at the national level,

395
00:15:44,810 --> 00:15:47,900
the federal level where we
successfully advocated against

396
00:15:47,900 --> 00:15:50,180
rent control initiatives
that were being considered

397
00:15:50,180 --> 00:15:52,700
for multifamily properties that are backed

398
00:15:52,700 --> 00:15:54,620
by the government sponsored enterprises,

399
00:15:54,620 --> 00:15:56,090
Fannie Mae and Freddie Mac.

400
00:15:56,090 --> 00:15:58,580
This is something that we were
successful on the regulatory

401
00:15:58,580 --> 00:16:01,400
angle that then President Biden said,

402
00:16:01,400 --> 00:16:03,620
well if we wanna get this
done, Congress is going to have

403
00:16:03,620 --> 00:16:04,940
to work on legislation

404
00:16:04,940 --> 00:16:08,480
and that during the, the summer
of 2024, don't think that

405
00:16:08,480 --> 00:16:09,680
that's going to go anywhere

406
00:16:09,680 --> 00:16:11,030
but important that we,

407
00:16:11,030 --> 00:16:13,280
our voice was being heard
on the regulatory level

408
00:16:13,280 --> 00:16:15,170
- And win number five for the policy team.

409
00:16:15,170 --> 00:16:17,300
Show some love to our appraisal members.

410
00:16:17,300 --> 00:16:18,470
- Yes, we collaborated

411
00:16:18,470 --> 00:16:21,800
with our industry partners
on those appraisal issues.

412
00:16:21,800 --> 00:16:25,370
NAR attracted experts from
Fannie Mae, Freddie Mac, hud,

413
00:16:25,370 --> 00:16:28,190
FHFA, other key players in the industry

414
00:16:28,190 --> 00:16:32,030
to our appraisal summit
discussing issues pressing on the

415
00:16:32,030 --> 00:16:33,140
appraisal profession.

416
00:16:33,140 --> 00:16:35,180
And the housing market came away

417
00:16:35,180 --> 00:16:36,530
with some really critical information

418
00:16:36,530 --> 00:16:39,170
that helped guide
regulators as they revise

419
00:16:39,170 --> 00:16:40,790
what are considered to be violations

420
00:16:40,790 --> 00:16:43,700
or issues regarding
appraiser independence.

421
00:16:43,700 --> 00:16:45,530
So yes, we're our appraisal community

422
00:16:45,530 --> 00:16:47,150
and they've been strong partners

423
00:16:47,150 --> 00:16:49,580
and so these are changes that are critical

424
00:16:49,580 --> 00:16:51,860
to combating concerns, but appraisal bias

425
00:16:51,860 --> 00:16:54,050
and make sure that we maintain some safety

426
00:16:54,050 --> 00:16:55,550
and soundness within the system.

427
00:16:55,550 --> 00:16:58,340
- So let's move to our next wins list.

428
00:16:58,340 --> 00:16:59,450
These are our legal wins.

429
00:16:59,450 --> 00:17:01,940
Now if you remember back in
July we had a whole episode

430
00:17:01,940 --> 00:17:03,410
based off of our legal advocacy.

431
00:17:03,410 --> 00:17:04,520
So we're gonna, we're gonna speed

432
00:17:04,520 --> 00:17:07,010
through these if you wanna
learn more about that,

433
00:17:07,010 --> 00:17:08,720
you can go back and listen
to the July episode.

434
00:17:08,720 --> 00:17:12,590
But sometimes when we don't
find success in advocacy

435
00:17:12,590 --> 00:17:13,610
through legislation

436
00:17:13,610 --> 00:17:17,630
or through regulation, we are
like, I will see you in court.

437
00:17:17,630 --> 00:17:18,710
And that's something you did.

438
00:17:19,550 --> 00:17:21,830
- Yes. Courting opinions, the July episode

439
00:17:21,830 --> 00:17:23,450
of the advocacy Scoop podcast, a lot

440
00:17:23,450 --> 00:17:25,010
of legally blonde references were

441
00:17:25,010 --> 00:17:26,240
okay legally on that, right?

442
00:17:26,240 --> 00:17:30,500
So, so we had five top
legal advocacy wins.

443
00:17:30,500 --> 00:17:32,900
- So the first two legal wins both center

444
00:17:32,900 --> 00:17:34,790
around the takings clause
of the constitution,

445
00:17:34,790 --> 00:17:36,740
which is you can't take something without

446
00:17:36,740 --> 00:17:38,210
compensating someone for it,

447
00:17:38,210 --> 00:17:40,040
- Especially when you are
the federal government.

448
00:17:40,040 --> 00:17:42,530
- Exactly. So two big wins there.

449
00:17:42,530 --> 00:17:45,080
- So we had the sheets versus
the county of El Dorado

450
00:17:45,080 --> 00:17:48,170
and then Valier versus Texas.

451
00:17:48,170 --> 00:17:51,090
Both of these unanimous
rulings of the Supreme Court

452
00:17:51,090 --> 00:17:53,040
that supported NA's position

453
00:17:53,040 --> 00:17:56,580
and that of property owners,
this came out in April one,

454
00:17:56,580 --> 00:17:59,670
related to a property owner
whose land was flooded due

455
00:17:59,670 --> 00:18:02,850
to the state's actions to
prevent flooding somewhere else.

456
00:18:02,850 --> 00:18:04,830
And he said, yes, you have
the right to sue there.

457
00:18:04,830 --> 00:18:07,080
And the other, the property
owner said, Hey, I'm having

458
00:18:07,080 --> 00:18:10,710
to pay these impact fees
about trafficked mitigation

459
00:18:10,710 --> 00:18:13,590
that is costing six figures,
a very significant sum

460
00:18:13,590 --> 00:18:15,630
that ends up being
preventative of your ability

461
00:18:15,630 --> 00:18:16,800
to invest in your own property.

462
00:18:16,800 --> 00:18:18,210
So he was able to take that all the way

463
00:18:18,210 --> 00:18:19,410
to the Supreme Court and win.

464
00:18:19,410 --> 00:18:22,740
And we were very pleased
to support those cases.

465
00:18:22,740 --> 00:18:25,410
Darby Development Company versus the us

466
00:18:25,410 --> 00:18:26,760
- Another takings case,

467
00:18:26,760 --> 00:18:29,520
- Another takings case,
Kennedy versus Weer,

468
00:18:29,520 --> 00:18:32,280
which is a New Jersey Supreme
Court held that agreements

469
00:18:32,280 --> 00:18:34,170
that classify real estate professionals

470
00:18:34,170 --> 00:18:37,710
as independent contractors,
which 90% nationwide

471
00:18:37,710 --> 00:18:39,720
of our realtors are
independent contractors,

472
00:18:39,720 --> 00:18:42,840
is a key factor in assessing a
salesperson's classification.

473
00:18:42,840 --> 00:18:44,790
So this is something that
was important in New Jersey

474
00:18:44,790 --> 00:18:46,410
and around the country.

475
00:18:46,410 --> 00:18:48,660
And then we had ti So everyone

476
00:18:48,660 --> 00:18:50,760
knows the, you know, you've got

477
00:18:50,760 --> 00:18:52,050
- Acronym police,

478
00:18:52,050 --> 00:18:54,330
- You know flotus, the first
lady in the United States,

479
00:18:54,330 --> 00:18:56,670
anything the scotus, the Supreme
Court of the United States.

480
00:18:56,670 --> 00:18:59,610
This is waters of the US
And so this was in March

481
00:18:59,610 --> 00:19:01,260
where we joined a coalition

482
00:19:01,260 --> 00:19:03,240
of other stakeholders on lawsuits

483
00:19:03,240 --> 00:19:07,050
to successfully stop the
Modus Rule in Texas and Idaho.

484
00:19:07,050 --> 00:19:09,180
This was an area where that
same coalition said they're

485
00:19:09,180 --> 00:19:11,520
allowed to intervene in
a lawsuit in North Dakota

486
00:19:11,520 --> 00:19:14,700
that was brought on by 24
State Attorneys General

487
00:19:14,700 --> 00:19:16,020
to stop implementation

488
00:19:16,020 --> 00:19:17,550
of the modus rule within their borders.

489
00:19:17,550 --> 00:19:19,500
That impacts property development in any

490
00:19:19,500 --> 00:19:20,670
area that has any water.

491
00:19:20,670 --> 00:19:22,620
- And you just glossed right over Darby.

492
00:19:22,620 --> 00:19:25,980
And that is like the case
that keeps on giving.

493
00:19:25,980 --> 00:19:27,870
We took the CDC D'S eviction
moratorium all the way

494
00:19:27,870 --> 00:19:30,240
to the Supreme Court twice we won.

495
00:19:30,240 --> 00:19:32,790
And now this Darby case
is connected to that.

496
00:19:32,790 --> 00:19:35,160
It basically said that putting
the eviction moratorium in

497
00:19:35,160 --> 00:19:37,890
place, the federal government
had basically enacted a taking

498
00:19:37,890 --> 00:19:40,020
against rental housing providers. So

499
00:19:40,020 --> 00:19:41,010
- I think gloss over, I just knew

500
00:19:41,010 --> 00:19:42,360
you would explain it better.

501
00:19:42,360 --> 00:19:43,440
- No, not at all.

502
00:19:43,440 --> 00:19:45,720
I just love that case 'cause
I did all the comm sport back

503
00:19:45,720 --> 00:19:48,420
when it happened, so I feel
like I'm a fake expert on it.

504
00:19:48,420 --> 00:19:51,360
You're a real expert.
Alright, well let's move on

505
00:19:51,360 --> 00:19:52,740
to our state and local wins.

506
00:19:52,740 --> 00:19:53,820
Our top five here,

507
00:19:53,820 --> 00:19:56,850
this is our community outreach
grant program that we have.

508
00:19:56,850 --> 00:19:59,130
And as you know, you like
to say, Shannon, a so many

509
00:19:59,130 --> 00:20:01,680
of your advocacy dues dollars
actually end up back in the

510
00:20:01,680 --> 00:20:03,720
states through the form of grants.

511
00:20:03,720 --> 00:20:06,810
And we had 614 community outreach grants.

512
00:20:06,810 --> 00:20:10,860
Grants and advocacy assistant
applications awarded this year

513
00:20:10,860 --> 00:20:12,690
over $4 million.

514
00:20:12,690 --> 00:20:15,810
- Oh this is, so we do recently
had the lobbying disclosure

515
00:20:15,810 --> 00:20:18,750
reports that come out and show,
oh, the National Association

516
00:20:18,750 --> 00:20:21,510
of Realtors spending
$30 million this quarter

517
00:20:21,510 --> 00:20:23,520
on advocacy efforts.

518
00:20:23,520 --> 00:20:26,280
And people will get, you'll
get those phone calls, Patrick,

519
00:20:26,280 --> 00:20:27,330
that reporters will call and say,

520
00:20:27,330 --> 00:20:28,920
what are you talking about on Capitol Hill

521
00:20:28,920 --> 00:20:29,940
that's costing that much?

522
00:20:29,940 --> 00:20:31,950
And we have to remind them to
check their emails from this

523
00:20:31,950 --> 00:20:34,320
time two years ago and see
that these are our efforts

524
00:20:34,320 --> 00:20:37,170
around the country that
we are reporting on things

525
00:20:37,170 --> 00:20:39,510
that are happening in
California, in Oregon,

526
00:20:39,510 --> 00:20:40,710
in Ohio and Missouri.

527
00:20:40,710 --> 00:20:43,680
And, and if it's an issues
mobilization campaign,

528
00:20:43,680 --> 00:20:45,870
if it's any of our realtor party grants,

529
00:20:45,870 --> 00:20:47,260
independent expenditures

530
00:20:47,260 --> 00:20:49,150
where we're looking at zoning reform,

531
00:20:49,150 --> 00:20:51,820
we're looking at
preventing any rent control

532
00:20:51,820 --> 00:20:54,700
or misguided rent stabilization measures.

533
00:20:54,700 --> 00:20:57,910
So one area to really focus
on is our community outreach.

534
00:20:57,910 --> 00:21:00,310
So we've had more than 600 grants

535
00:21:00,310 --> 00:21:04,330
and advocacy assistance going
for, you know, $4 million plus

536
00:21:04,330 --> 00:21:07,810
to I think every single state
in some of our territories

537
00:21:07,810 --> 00:21:10,180
to make sure that we're working
on community development

538
00:21:10,180 --> 00:21:13,750
fair housing advocacy, education
engagement initiatives.

539
00:21:13,750 --> 00:21:17,200
It was a 50 plus percent
increase in applications

540
00:21:17,200 --> 00:21:19,780
and funding over the year.

541
00:21:19,780 --> 00:21:21,970
So these are things like
land use initiatives

542
00:21:21,970 --> 00:21:24,340
where we're supporting
accessory dwelling units

543
00:21:24,340 --> 00:21:27,730
or defeating resolutions to
reduce number of housing units,

544
00:21:27,730 --> 00:21:31,150
fair housing grants, the
Transforming Neighborhood grants,

545
00:21:31,150 --> 00:21:33,700
placemaking grants, the great Helen Devlin

546
00:21:33,700 --> 00:21:36,130
and Christine Wendell on our team who work

547
00:21:36,130 --> 00:21:39,700
with all local associations
on all these really important

548
00:21:39,700 --> 00:21:42,250
efforts that actually
transform your community

549
00:21:42,250 --> 00:21:43,870
as you're walking through
your neighborhood.

550
00:21:43,870 --> 00:21:46,630
These are, this is where
that money is going.

551
00:21:46,630 --> 00:21:49,300
Smart growth initiatives
where we're doing tours

552
00:21:49,300 --> 00:21:53,350
or realtor leaders can learn
about like Arlington, Virginia,

553
00:21:53,350 --> 00:21:56,410
where the Amazon's HQ two is being set up

554
00:21:56,410 --> 00:21:59,050
and you know, what does
that mean for housing

555
00:21:59,050 --> 00:22:00,250
and economic priorities?

556
00:22:00,250 --> 00:22:02,650
So these are the types of
things that are our resources,

557
00:22:02,650 --> 00:22:05,050
your resources are going
towards every single day.

558
00:22:05,050 --> 00:22:07,240
- Great. Well those were,
there were five wins in there.

559
00:22:07,240 --> 00:22:09,220
Land use initiative, fair housing grant,

560
00:22:09,220 --> 00:22:10,270
transforming neighborhoods,

561
00:22:10,270 --> 00:22:11,980
placemaking grant and smart growth.

562
00:22:11,980 --> 00:22:14,260
And again, we'll have all
these on our wind website nice

563
00:22:14,260 --> 00:22:15,670
and polished by the end of the year.

564
00:22:15,670 --> 00:22:17,980
So you can go through and
look through all these.

565
00:22:17,980 --> 00:22:20,710
But moving on, our big political wins,

566
00:22:20,710 --> 00:22:22,510
we are just weeks out from the election

567
00:22:22,510 --> 00:22:25,090
as we're talking right now
and we had a great year.

568
00:22:25,090 --> 00:22:29,470
I mean if someone told you you
got, you've got a 98, 98 out

569
00:22:29,470 --> 00:22:30,490
of a hundred on a test.

570
00:22:30,490 --> 00:22:32,380
Yeah, that'd be on the refrigerator. Like,

571
00:22:32,380 --> 00:22:33,625
- You know, I've never
had that happen Patrick.

572
00:22:33,625 --> 00:22:35,755
So I don't know. But that, yes,

573
00:22:35,755 --> 00:22:40,570
RPAC had a 98% success rate
in these federal elections

574
00:22:40,570 --> 00:22:42,970
and supporting candidates
around the country.

575
00:22:42,970 --> 00:22:45,010
And that's been, and that's 50 50.

576
00:22:45,010 --> 00:22:47,200
The, the actual lineup

577
00:22:47,200 --> 00:22:49,750
of our PAC contributions ends
up being incredibly bipartisan

578
00:22:49,750 --> 00:22:51,490
at 50 50 and big wins.

579
00:22:51,490 --> 00:22:53,530
- All right, so win number
one was the disbursements

580
00:22:53,530 --> 00:22:58,120
$7.4 million are PAC hard
dollars dispersed to both GOP

581
00:22:58,120 --> 00:23:00,610
and Democratic Campaign
committees and Leadership pacs.

582
00:23:00,610 --> 00:23:02,530
So that means going
directly to the candidate

583
00:23:02,530 --> 00:23:06,130
and then also directly to
the leadership committees run

584
00:23:06,130 --> 00:23:08,740
by the parties 50 50 breakdown.

585
00:23:08,740 --> 00:23:10,570
Tell us some highlights there.

586
00:23:10,570 --> 00:23:13,480
- Oh sure. So we had
$20 million dispersed.

587
00:23:13,480 --> 00:23:15,880
We had many of these federal IE races.

588
00:23:15,880 --> 00:23:17,800
You hear, ie, we talked about this in one

589
00:23:17,800 --> 00:23:20,860
of our previous podcasts, it's
the independent expenditures

590
00:23:20,860 --> 00:23:23,830
that's when we say vote
for a particular candidate.

591
00:23:23,830 --> 00:23:25,390
And so those are the really exciting

592
00:23:25,390 --> 00:23:27,310
races that we get involved with.

593
00:23:27,310 --> 00:23:29,890
We had three and a half
million dollars on issue ads

594
00:23:29,890 --> 00:23:31,360
targeting 40 members

595
00:23:31,360 --> 00:23:34,750
of Congress over $9 million
in Opportunity Race.

596
00:23:34,750 --> 00:23:37,000
That's another very important program

597
00:23:37,000 --> 00:23:38,380
where we get out the vote,

598
00:23:38,380 --> 00:23:41,020
get out the realtor vote
in support of candidates.

599
00:23:41,020 --> 00:23:42,370
Those are communications

600
00:23:42,370 --> 00:23:43,990
that are made just to realtor members.

601
00:23:43,990 --> 00:23:48,350
We had over 150 races this cycle.

602
00:23:48,350 --> 00:23:51,170
That is the most ever
record setting. And it's the

603
00:23:51,170 --> 00:23:52,220
- Primary in general.

604
00:23:52,220 --> 00:23:53,270
- Primary in general, yes,

605
00:23:53,270 --> 00:23:54,680
we're not just going involved general,

606
00:23:54,680 --> 00:23:56,330
if there's a primary race that we can be

607
00:23:56,330 --> 00:23:57,530
helpful, we do that too.

608
00:23:57,530 --> 00:23:59,600
And so this was the first time ever

609
00:23:59,600 --> 00:24:02,840
that we had realtor
focused targeted digital

610
00:24:02,840 --> 00:24:04,040
ads for Get Out the Vote.

611
00:24:04,040 --> 00:24:06,620
So we are modernizing all
of our political programs

612
00:24:06,620 --> 00:24:09,145
and that is a very important one.

613
00:24:09,145 --> 00:24:12,500
- So those were, that was win
number two, opportunity races.

614
00:24:12,500 --> 00:24:14,060
Moving on to win number three

615
00:24:14,060 --> 00:24:16,880
for the political team. RPAC fundraising.

616
00:24:16,880 --> 00:24:21,170
- RPAC fundraising, this is,
we're seeing about a third

617
00:24:21,170 --> 00:24:24,440
of our membership, over 500,000 members

618
00:24:24,440 --> 00:24:26,600
who invest $15 or more in our pac.

619
00:24:26,600 --> 00:24:28,850
You talk to any other
advocacy organization,

620
00:24:28,850 --> 00:24:31,610
their jaw drops when you
mentioned they got a third

621
00:24:31,610 --> 00:24:33,650
of your members supporting the the pac.

622
00:24:33,650 --> 00:24:34,700
And that's because we're the largest,

623
00:24:34,700 --> 00:24:38,660
most bipartisan political
action committee in the country.

624
00:24:38,660 --> 00:24:41,900
We had great success with
national fundraising,

625
00:24:41,900 --> 00:24:45,470
exceeded our, our federal
expenditures goal.

626
00:24:45,470 --> 00:24:48,800
And we are clicking towards
our national fundraising goal,

627
00:24:48,800 --> 00:24:50,540
president Circle of, you know,

628
00:24:50,540 --> 00:24:53,810
1600 plus President Circle members.

629
00:24:53,810 --> 00:24:55,220
And every single one

630
00:24:55,220 --> 00:24:57,890
of our champion candidates
reached their goals.

631
00:24:57,890 --> 00:24:59,600
So this is I think the second cycle in a

632
00:24:59,600 --> 00:25:01,370
row where that has happened.

633
00:25:01,370 --> 00:25:02,960
The only two cycles in a
row where that's happened.

634
00:25:02,960 --> 00:25:04,910
So we're very proud of that.

635
00:25:04,910 --> 00:25:07,250
And then the next area we launched the pro

636
00:25:07,250 --> 00:25:08,630
property platform,

637
00:25:08,630 --> 00:25:10,370
- Win number four,
- Win number four.

638
00:25:10,370 --> 00:25:11,810
Thanks for, thanks for counting along

639
00:25:12,950 --> 00:25:13,950
- All I'm good at.

640
00:25:13,950 --> 00:25:14,783
- So we know that tens of billions

641
00:25:14,783 --> 00:25:16,700
of dollars are being contributed directly

642
00:25:16,700 --> 00:25:19,310
to federal candidates from
the real estate profession.

643
00:25:19,310 --> 00:25:22,040
So whether you are in, you are a realtor

644
00:25:22,040 --> 00:25:23,870
or you are someone working
within real estate,

645
00:25:23,870 --> 00:25:26,480
the profession, that money
is going to these candidates

646
00:25:26,480 --> 00:25:29,720
and the platform is uniquely
situated to make sure

647
00:25:29,720 --> 00:25:32,180
that you can give through the
platform that we have an idea

648
00:25:32,180 --> 00:25:33,650
of where that funding is going.

649
00:25:33,650 --> 00:25:35,270
Similar to what we do
with President Circle.

650
00:25:35,270 --> 00:25:37,220
But this is a low dollar commitment.

651
00:25:37,220 --> 00:25:39,710
So just give it $5, $10,
whatever you can get

652
00:25:39,710 --> 00:25:41,690
through the platform and it will speak

653
00:25:41,690 --> 00:25:44,720
with a very strong voice
for the realtor community.

654
00:25:44,720 --> 00:25:46,370
And then last but not least, our state

655
00:25:46,370 --> 00:25:47,720
and local political activity.

656
00:25:47,720 --> 00:25:50,240
I mentioned all of those
local wins previously,

657
00:25:50,240 --> 00:25:52,700
but these are the ones that
are independent expenditures

658
00:25:52,700 --> 00:25:53,870
around the country.

659
00:25:53,870 --> 00:25:57,770
Over 13 million spent supporting
400 plus different races.

660
00:25:57,770 --> 00:26:00,320
A big win rate. It doesn't
get as big as the as rpac

661
00:26:00,320 --> 00:26:02,180
but we're, we're looking around 70%.

662
00:26:02,180 --> 00:26:03,920
What I'm especially excited about is

663
00:26:03,920 --> 00:26:05,270
that this is the first year

664
00:26:05,270 --> 00:26:09,560
that we have had every single
state plus DC participate in

665
00:26:09,560 --> 00:26:10,670
this, these programs.

666
00:26:10,670 --> 00:26:13,370
So New Hampshire, thank you,
the folks of New Hampshire

667
00:26:13,370 --> 00:26:16,790
for making sure that they
are the 50th to join here.

668
00:26:16,790 --> 00:26:18,110
So many key victories.

669
00:26:18,110 --> 00:26:20,990
Michigan Supreme Court,
Montana Supreme Court,

670
00:26:20,990 --> 00:26:23,810
the Sacramento Mayor, West
Virginia, governor Utah,

671
00:26:23,810 --> 00:26:25,700
governor Oceanside, California mayor.

672
00:26:25,700 --> 00:26:28,490
So there's a lot of key victories
that we were helpful with.

673
00:26:28,490 --> 00:26:31,880
And for issue mobilization,
a record of 85 grants,

674
00:26:31,880 --> 00:26:35,000
these are ballot initiatives,
more policy related items.

675
00:26:35,000 --> 00:26:36,740
Big Knight in California.

676
00:26:36,740 --> 00:26:38,840
So statewide defeated Prop 33,

677
00:26:38,840 --> 00:26:42,260
which would have repealed Costa
Hawkins rental legislation

678
00:26:42,260 --> 00:26:45,270
and opened the door for
rent control statewide,

679
00:26:45,270 --> 00:26:49,230
defeated several vacancy tax
measures in California as well.

680
00:26:49,230 --> 00:26:51,870
Wyoming one, a statewide
measure to make it easier

681
00:26:51,870 --> 00:26:54,540
to reduce taxes on property owners.

682
00:26:54,540 --> 00:26:57,450
And then another 11 measures
around the country passed

683
00:26:57,450 --> 00:26:58,890
to increase funding for transit

684
00:26:58,890 --> 00:27:00,090
and infrastructure,

685
00:27:00,090 --> 00:27:02,910
including in my hometown of
Columbus, Ohio. Oh wow. Go

686
00:27:02,910 --> 00:27:03,910
- Bucks.

687
00:27:03,910 --> 00:27:05,160
There we go. So those were our top five

688
00:27:05,160 --> 00:27:06,210
political wins through the year.

689
00:27:06,210 --> 00:27:07,770
I still can't believe

690
00:27:07,770 --> 00:27:10,590
how many races in
Congress we get involved.

691
00:27:10,590 --> 00:27:12,030
We get involved with pretty

692
00:27:12,030 --> 00:27:13,030
- Much all of 'em.

693
00:27:13,030 --> 00:27:14,550
We're in every zip code and guess what?

694
00:27:14,550 --> 00:27:15,545
So our members of Congress.

695
00:27:15,545 --> 00:27:16,625
That's right. So that's where we're,

696
00:27:16,625 --> 00:27:17,625
- So that's why we get involved, involved,

697
00:27:17,625 --> 00:27:18,605
- Meet them where they are.

698
00:27:18,605 --> 00:27:19,680
- So many races and we're,

699
00:27:19,680 --> 00:27:23,370
and we're positioned next
year as we go into tax reform.

700
00:27:23,370 --> 00:27:25,380
We're positioned, well we
have friends on both sides

701
00:27:25,380 --> 00:27:27,180
of the aisle on key committees in

702
00:27:27,180 --> 00:27:28,320
in the House and the Senate.

703
00:27:28,320 --> 00:27:30,690
And we have been preparing for
this moment for a long time.

704
00:27:30,690 --> 00:27:33,720
And with that said, this closing time,

705
00:27:33,720 --> 00:27:36,480
'cause we have wrapped up the year,

706
00:27:36,480 --> 00:27:38,220
we've wrapped up season
one of the podcast,

707
00:27:38,220 --> 00:27:40,440
next year we're gonna
talk about tax reform

708
00:27:40,440 --> 00:27:42,450
of the new 119th congress.

709
00:27:42,450 --> 00:27:44,250
Those will be the first
two episodes next year.

710
00:27:44,250 --> 00:27:48,180
We'll also have advocacy week
coming up late in January.

711
00:27:48,180 --> 00:27:50,310
But you know, here we are closing times.

712
00:27:50,310 --> 00:27:53,310
Shannon, you gotta tell us
something that we don't know

713
00:27:53,310 --> 00:27:54,660
and I, I just want, you know,

714
00:27:54,660 --> 00:27:55,890
some people have their little black book,

715
00:27:55,890 --> 00:27:58,500
Shannon has her little
black iPhone over here

716
00:27:58,500 --> 00:28:01,140
and yeah, I want to know
what your iPhone was up

717
00:28:01,140 --> 00:28:02,910
to the day after the election.

718
00:28:02,910 --> 00:28:05,040
I'm sure you were getting
lots of phone calls.

719
00:28:05,040 --> 00:28:08,340
- So typically I, my voicemail is full

720
00:28:08,340 --> 00:28:10,110
and that's partly by design

721
00:28:10,110 --> 00:28:12,240
because if it's not
full then you get a lot

722
00:28:12,240 --> 00:28:14,460
of fundraising calls and
it's a lot of voicemails.

723
00:28:14,460 --> 00:28:16,050
Oh can you call us back?
We would love for you to go

724
00:28:16,050 --> 00:28:18,600
to this event and so you
can just text me instead.

725
00:28:18,600 --> 00:28:21,480
I made sure to delete a
ton of those voicemails

726
00:28:21,480 --> 00:28:22,770
because we were receiving

727
00:28:22,770 --> 00:28:26,130
so many really wonderful thank you calls.

728
00:28:26,130 --> 00:28:28,320
And these are not calls
to me, these are not calls

729
00:28:28,320 --> 00:28:29,940
to the advocacy team.

730
00:28:29,940 --> 00:28:32,520
These are calls to the members.

731
00:28:32,520 --> 00:28:35,250
These are calls to realtors
saying thank you for support

732
00:28:35,250 --> 00:28:36,870
for these initiatives, thank you

733
00:28:36,870 --> 00:28:38,580
for support for these campaigns.

734
00:28:38,580 --> 00:28:41,010
You know that we are
making great decisions

735
00:28:41,010 --> 00:28:43,350
and Arpac is working well
when you're getting calls from

736
00:28:43,350 --> 00:28:45,930
leaders on both sides of
the capitol, both sides

737
00:28:45,930 --> 00:28:49,710
of the aisle saying you were
incredibly instrumental in some

738
00:28:49,710 --> 00:28:52,080
tough races that are meaningful to us

739
00:28:52,080 --> 00:28:54,780
and thank you for that,
that level of support.

740
00:28:54,780 --> 00:28:57,600
So sending that along to you.
I'm not gonna name names.

741
00:28:57,600 --> 00:28:58,830
Grab me after an event sometime,

742
00:28:58,830 --> 00:29:00,120
maybe I'll save some of these voicemails.

743
00:29:00,120 --> 00:29:01,710
But it's, it's really lovely to hear

744
00:29:01,710 --> 00:29:02,880
and wanna make sure that you all

745
00:29:02,880 --> 00:29:04,050
know that it's coming to you.

746
00:29:04,050 --> 00:29:06,270
- And if you give us a five star review,

747
00:29:06,270 --> 00:29:08,250
we will give you Shannon's
cell phone number

748
00:29:08,250 --> 00:29:10,350
and you can text her anytime day or night.

749
00:29:11,700 --> 00:29:14,760
- It's highly Googleable.
- Do not leave her a voicemail.

750
00:29:14,760 --> 00:29:16,500
We've got the message. All right.

751
00:29:16,500 --> 00:29:17,550
Well you know,

752
00:29:17,550 --> 00:29:19,830
this has been a fun year
doing the podcast with you.

753
00:29:19,830 --> 00:29:21,870
And to be honest with you,
like we talked about this

754
00:29:21,870 --> 00:29:24,330
for two years before we
actually pulled the trigger on

755
00:29:24,330 --> 00:29:26,190
and then one day we're
like, let's do this and

756
00:29:26,190 --> 00:29:27,190
- Well thank you Patrick.

757
00:29:27,190 --> 00:29:30,300
This is your brain child and
always honored to be with you.

758
00:29:30,300 --> 00:29:31,770
But I'm glad it's only once a month.

759
00:29:31,770 --> 00:29:33,870
- What was your favorite
episode of the year?

760
00:29:33,870 --> 00:29:36,630
- I think this one, it's really
nice to be able to go back

761
00:29:36,630 --> 00:29:40,380
and, and look at a year of progress.

762
00:29:40,380 --> 00:29:43,780
A year of just incredibly busy time

763
00:29:43,780 --> 00:29:46,750
and just seeing how our
team rose to the occasion

764
00:29:46,750 --> 00:29:49,600
with a difficult
settlement, an announcement

765
00:29:49,600 --> 00:29:51,430
and a very difficult market

766
00:29:51,430 --> 00:29:53,200
and talking to realtors around the country

767
00:29:53,200 --> 00:29:56,590
and understanding that this
might not be the best time for,

768
00:29:56,590 --> 00:29:58,720
for business talking to property owners

769
00:29:58,720 --> 00:30:02,350
and how can we just unleash
more affordable housing?

770
00:30:02,350 --> 00:30:04,900
How can we get that supply moving?

771
00:30:04,900 --> 00:30:08,410
All of these things have
happened in the course of months

772
00:30:08,410 --> 00:30:10,810
and the successes that we
have to show for it are

773
00:30:10,810 --> 00:30:13,030
because of just the, the passionate people

774
00:30:13,030 --> 00:30:15,185
who we have the honor of representing

775
00:30:15,185 --> 00:30:18,160
- And the floors of
people that are literally

776
00:30:18,160 --> 00:30:19,540
under us right now.

777
00:30:19,540 --> 00:30:20,830
You know that, that are

778
00:30:20,830 --> 00:30:22,270
- Planning thousands of more meetings.

779
00:30:22,270 --> 00:30:25,360
Yeah. For next year.
Exactly. Stay tuned for more.

780
00:30:25,360 --> 00:30:28,510
- Alright, we'll see you
in 25. So that's the scoop.

781
00:30:28,510 --> 00:30:31,060
Thank you to everyone
listening to this podcast.

782
00:30:31,060 --> 00:30:32,260
Please be sure to subscribe

783
00:30:32,260 --> 00:30:34,540
and share wherever you get your podcast.

784
00:30:34,540 --> 00:30:36,100
And meet us right back here for more

785
00:30:36,100 --> 00:30:37,840
- Advocacy scoop
- Next time.

786
00:30:39,010 --> 00:30:42,190
- Realtors are members of
the National Association

787
00:30:42,190 --> 00:30:43,023
of Realtors.