Live from NAR NXT - And the Winners Are!

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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 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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- Welcome to the advocacy scoop.

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This is a live broadcast while
recorded to live broadcast,

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live tape, live to tape

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that will be available
wherever you get your podcast.

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Did you all get a cozy at your seat? Nice.

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Friendly reminder. So hopefully
you'll grab, grab a drink

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after this and you'll be
able to use that koozie.

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But before then, if you can please like,

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and subscribe to the podcast

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and it will just automatically pop up

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and then you'll get to hear
20 minute bits about what's

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going on in your nation's capital

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and the round the country in advocacy.

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- Yeah, so it's the big show,
biggest conference of the year

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and two days after the election.

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So this is, this is the, the culmination

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of everything we're, we've
been working towards.

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And, and I just wanna start
off, Shannon, with a question

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for you about all the things
that we're involved in.

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'cause there's sort of like,
when it comes to elections,

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there's like three buckets.

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- There's lots of buckets. Yeah.

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But yes, we, so we have, we
have a lot to unpack today.

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And then we also have some
amazing speakers throughout our

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sessions this week, including Nate Silver,

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who will be speaking on
Saturday afternoon to also go

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through all of these results.

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And we have John McCloskey
just here in a little bit

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to discuss all of the
different advocacy programs

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that we've been involved with this year.

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So yes, that includes congressional races.

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Every single race is up
in the election year.

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So our involvement there,
the state and local races

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and what we've been working on

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with independent expenditures
and support there.

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And then also the issues that come up

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through different ballot initiatives

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and other legislation and otherwise.

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So housing has been on
the agenda this cycle

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and we've got tons to cover.

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- Yes. And we're gonna start
with a little bit of fun

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with numbers with rpac, because
we love talking to rpac.

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It's been around for 45 years, if you can

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- Believe that. So have we?

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- Yeah. Oh, you're actually right.

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- Oh, right there, right.

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- So yeah. Where's my, my Rpac 45 pen.

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So, yeah, so give, just give
us a few fun Rpac facts.

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I know John's gonna
come up here in a second

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and get really into the numbers, but,

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- Oh yes.

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So we have nearly 8,000
major investors this year

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and we have hit an over a 32%
partici participation rate

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when I go around and
speak with other trade

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associations and organizations.

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And they ask about the pack, like,

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you guys have the, the largest pack.

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And they said, well, it's because a third

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of the members are donating
to this if it's a $15,

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if it's $500,

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or we are appreciative
for every single dollar.

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But that participation rate is huge.

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Also, we had a, a, a,
a big victory this year

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and that all of our
president's circle targets met

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or exceeded their investment goals.

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So that is a direct way to
give to those candidates

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who are realtor party champions.

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It's a fantastic program.

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And so please, you're not
a President Circle member,

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look out for it in the
information next year.

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But we are, we're really
rocking and rolling there.

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And then we also recently unveiled the pro

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property platform.

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The APAC team has added some
more federal candidates.

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So then you can give direct low dollar

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contributions to those candidates.

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And these are folks who are
also realtor party champions

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who have received an extra
level of support from rpac.

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So look out for that one as well.

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So you can show your public
support in low dollar format

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to, to those candidates too.

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- More fun with numbers, realtors vote,

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they vote in big numbers.

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We have a tracking system
that sounds a little,

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a little big brother, but we do,

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and we know exactly how many
realtors are registered to vote

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and how often that they vote.

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And I like to point this out.

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There's this, there was this
one race if you in back in

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2020, the Miller Meeks race.

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- Oh,
- And she won by six votes. Yep.

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Was what it ended up being.
So you're telling me there

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weren't six realtors in
that district that voted?

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So, I mean, it, it, it swings elections.

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I mean, when we vote in big numbers

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and you've got the numbers.

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- Yeah. Well, and
speaking of Coozies, her,

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her campaign committee is called Six Pack.

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- Well, we'll
- Send her six Coozies. Six votes.

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Six votes, exactly. So yes,

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more than 1.32 million realtors
are registered to vote.

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And the recent numbers we
have are 20 22, 1 0.25 million

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realtors voted.

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So that is over 90%
compared to roughly 60%

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of the general population
that gets out there to vote.

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So while those are amazing numbers

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and we're very proud of them, let's get

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that to a hundred percent.

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Do you know a realtor who doesn't vote

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or isn't registered to vote?

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I don't, but I think
that would be a a John,

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we'll get working on that for next cycle.

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Right. A hundred percent
voter registration. That's

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- That's a good goal.

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A hundred percent RPAC precipitation

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- And 100% RPAC participation
and a hundred percent voter.

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- Get to work on that, John. Alright,

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well let's talk scoreboard.

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That's why we're here.
First up Congress, we want

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to provide a little bit of perspective

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because four years ago we were
sort of in this, this haze,

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we didn't know Pennsylvania

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until four days in the
presidential race later.

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So we were sort of in this InBetween zone.

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This is a little bit more
of a resounding election

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this time around.

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We, we do have a lot more
information than we did before.

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So I refreshed my phone

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and it was like 36 house
races had not been called.

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And it went, and when I
refreshed it, it said 30.

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So like six more races had been
called since the last time I

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looked at like an hour or so ago.

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So let's talk some numbers here, Shannon.

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- So we do have a call
when it comes to Congress

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that these are the races that we are

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primarily involved with.

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Friendly reminder, I
know you don't need it.

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We do not get involved in the
presidential election race,

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but we do get involved in everything else.

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So the senate has been
called, it looks like 52

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to 53 seats for Republicans.

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We are still waiting on
what the house looks like,

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but ev all of the indicators
show that it's probably going

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to be somewhere near the current makeup,

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which is a very razor thin majority

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for the House Republicans.

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So the big chunk of these
most competitive races

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that we have been involved
with are out in California.

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Those are still kind of trickling in.

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I just got off the phone with
some California officials

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to find out where, where
things are standing.

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Maybe that's where those six came from.

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I haven't heard it in the last hour,

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but back in 2022 when we were
at this event, we did not know

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who was going to be in charge

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because you had Congressman
Mike Garcia, I believe was the,

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the last one that when the
Associated Press called, that

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made that determination
of who controls the gavel.

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So, and that's what's so
interesting about these races is

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that we are planning on the
governance for next year.

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So what's the, the minute that these,

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these campaigns are over with,
we're looking at who is going

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to be a committee chair, who
is going to be in leadership.

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Those meetings are happening
starting next week.

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And so there is no rest for the weary,

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we're just consistently looking at at

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how these issues could be moving and,

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and who are gonna be the
people leading the charge.

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- And you said that that's right.

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Other than presidential, we
do get involved in everything.

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And that doesn't just start
with the general election,

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it also starts with the primaries.

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We were heavily involved in that.

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- Absolutely. There were nearly
400 primary contests this

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cycle, and we were
involved in 372 of them.

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So these, these are pretty much
these year round cycle round

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elections where you're
focused on the primary

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and then you're getting into the general

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and then boom right into the issues.

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And in those races we had
actually almost 60 opportunity

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races, an opportunity race for
those who have not followed.

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This means we are doing
our own get out the vote

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for realtors.

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So a statewide race,

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and you could be representing
in a state like Florida

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where you've got over 200,000
folks who you're communicating

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with, they are very effective.

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And we spend more than
two and a half million

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dollars on those.

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And those are some ones in the primary

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where we saw like Congressman
Tom Swazi in New York

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who was able to run in an open seat.

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And so that's an example of
where we are always nimble

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and ready to act immediately
when these races pop up.

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- Yeah. And so Congress
obviously, you know,

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we were involved in the primaries.

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We, like you said, we had
372 of our picks advanced

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to the general here in the general.

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So, you know, here's a fun fact
that I, I read the other day

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that there were about 26
competitive house races is

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what is what it came down to.

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And that means that, you know,

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there's 435 members of the house.

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Shannon and I both worked
in the, in the US house

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for many years for members of Congress.

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It's a hard number to remember. 4 35.

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It's like one of those things
we always get at trivia night.

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- Exactly.
- But 26 out of 435, that's 5%

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of the US population basically
chose the makeup of Congress.

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So it's, so it's not that
dissimilar then a handful

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of states choosing the president as well.

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So it's, it's, it's
not all that different,

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but tell us a little bit
about why we get involved in

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so many of these races,
even though just a handful

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of them are really competitive.

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- Oh, so yes, we're involved in everyone

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because we are involved
everywhere with realtors

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and every zip code in the country

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and issues that are going
to be on the ballot.

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We, we need to be active and involved.

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But it really is only a, a a
probably two handfuls, about 10

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or so races where you are
doing independent expenditures

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or we're out there actually
putting mail pieces out

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to general voters, not, not
realtors, but the general public

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and encouraging to, to
vote for a candidate.

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So we had nine of those
federal ie programs

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with over $20 million budget.

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So those are very significant races,

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but like you said, when you only have 26

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or so that are going to
determine the outcome of,

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of leadership and where
this direction is going,

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those nine races really matter

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and they get a lot of attention.

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And so we're still pulling
in all of those results

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and John will share some
of those with us soon.

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But what's interesting to see
with those, with only those,

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you know, couple of dozen of districts, is

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that you're seeing different,
a lot more change happening in

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each election cycle.

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So the 13 past election cycles, 11

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of them have had change in
either who is in control

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00:09:37,140 --> 00:09:39,600
of the Senate, the house
or the White House.

249
00:09:39,600 --> 00:09:41,490
So looks like change is the new normal

250
00:09:41,490 --> 00:09:45,930
and we have been on, on the
right side in supporting

251
00:09:45,930 --> 00:09:49,200
these candidates with last cycle
at 98% success rate for all

252
00:09:49,200 --> 00:09:50,910
of our rpac supported candidates.

253
00:09:50,910 --> 00:09:54,270
And this year we'll be
getting those numbers in soon.

254
00:09:54,270 --> 00:09:56,820
- Yeah, I mean we had 150

255
00:09:56,820 --> 00:09:59,280
or the Opportunity race
program in the gen general in

256
00:09:59,280 --> 00:10:02,790
Congress, a record number,
154 opportunity races.

257
00:10:02,790 --> 00:10:06,780
So we continue to break
records. Thanks John for that.

258
00:10:06,780 --> 00:10:09,840
We don't just get involved
in Congress, obviously state

259
00:10:09,840 --> 00:10:13,260
and local races as well, many
races around the country.

260
00:10:13,260 --> 00:10:15,480
- Oh, there, there's,
there's, there's always races

261
00:10:15,480 --> 00:10:16,530
and there are always issues.

262
00:10:16,530 --> 00:10:18,720
So we had over 400 state

263
00:10:18,720 --> 00:10:21,330
and local independent expenditure
campaigns approved this

264
00:10:21,330 --> 00:10:24,720
year with a lot of great stories
to tell a lot of successes.

265
00:10:24,720 --> 00:10:26,910
That budget was over $13 million

266
00:10:26,910 --> 00:10:29,520
and as of last month, every state

267
00:10:29,520 --> 00:10:32,280
and Washington DC have
now participated in this

268
00:10:32,280 --> 00:10:33,660
program over its lifetime.

269
00:10:33,660 --> 00:10:36,450
So that is 100% participation rate there.

270
00:10:36,450 --> 00:10:38,460
And in New Hampshire, this
was the first time ever

271
00:10:38,460 --> 00:10:41,490
that New Hampshire leveraged
the independent expenditure

272
00:10:41,490 --> 00:10:45,480
program and had some really
great results that had a win.

273
00:10:45,480 --> 00:10:48,300
And a couple that are a little
too close to call right now

274
00:10:48,300 --> 00:10:49,440
in Delaware,

275
00:10:50,280 --> 00:10:52,680
you guys won all seven
independent expenditure

276
00:10:52,680 --> 00:10:53,725
races that we were involved with.

277
00:10:53,725 --> 00:10:57,600
Delaware, that's a great
track record in Florida,

278
00:10:57,600 --> 00:11:01,380
won all 12 that you are
involved with Clean sweep there.

279
00:11:01,380 --> 00:11:03,690
I think one race is yet to
be called, but we're there.

280
00:11:03,690 --> 00:11:06,570
And then yeah, there are some
governors that were elected

281
00:11:06,570 --> 00:11:07,920
and we had two wins there,

282
00:11:07,920 --> 00:11:09,840
one in West Virginia and one in Utah.

283
00:11:09,840 --> 00:11:11,820
So congratulations to all of those states.

284
00:11:11,820 --> 00:11:13,740
And and that's the, the importance

285
00:11:13,740 --> 00:11:15,000
of the three-Way agreement

286
00:11:15,000 --> 00:11:16,530
and making sure that the resources

287
00:11:16,530 --> 00:11:19,920
that we have nationally are
going to those targeted races

288
00:11:19,920 --> 00:11:21,330
and, and areas

289
00:11:21,330 --> 00:11:23,010
where they're going to
matter at the right time.

290
00:11:23,010 --> 00:11:25,560
But there are also other
issues, not just candidates.

291
00:11:25,560 --> 00:11:28,230
And so we've had ballot
measures that are out there,

292
00:11:28,230 --> 00:11:31,710
prop 33 in California that
would've repealed Costa Hawkins

293
00:11:31,710 --> 00:11:34,320
and that would've opened up
potential rental legislation

294
00:11:34,320 --> 00:11:36,660
and, and potential rent control.

295
00:11:36,660 --> 00:11:39,900
We were able to defeat
that misguided initiatives.

296
00:11:39,900 --> 00:11:41,550
So congratulations California.

297
00:11:43,500 --> 00:11:45,540
And there are, there are
many more around the country

298
00:11:45,540 --> 00:11:47,430
that we'll we'll get into a
little bit later with John.

299
00:11:47,430 --> 00:11:50,820
- Yeah, so you know,
the local issues, a lot

300
00:11:50,820 --> 00:11:53,650
of ballot initiatives
we get involved in that.

301
00:11:53,650 --> 00:11:54,850
We had a state

302
00:11:54,850 --> 00:11:56,980
and local issues mobilization
program record number

303
00:11:56,980 --> 00:11:58,330
of applications approved this year.

304
00:11:58,330 --> 00:12:01,090
85 that topped 82 last year.

305
00:12:01,090 --> 00:12:03,310
John's still breaking records here.

306
00:12:03,310 --> 00:12:05,680
36 ballot measures on the, the,

307
00:12:05,680 --> 00:12:09,640
that were on the ballot
this last Tuesday. So

308
00:12:09,640 --> 00:12:10,990
- We had a local win there too.

309
00:12:10,990 --> 00:12:13,270
- Yeah, Boston defeated a rent control

310
00:12:13,270 --> 00:12:14,590
- Ordinance, so yeah,
it beat, it'd beat a,

311
00:12:14,590 --> 00:12:16,330
a rent control measure here in Boston.

312
00:12:16,330 --> 00:12:18,370
Congratulations Boston.

313
00:12:18,370 --> 00:12:22,900
And then we had others in,
let's see, in Nashville

314
00:12:22,900 --> 00:12:25,120
and Arizona and Columbus, Ohio.

315
00:12:25,120 --> 00:12:29,260
Oh my hometown. The Chicago transfer tax.

316
00:12:29,260 --> 00:12:30,250
Let's not forget about that one.

317
00:12:30,250 --> 00:12:31,150
That was earlier in this year.

318
00:12:31,150 --> 00:12:33,910
But that was a, a big uphill
battle, very expensive campaign

319
00:12:33,910 --> 00:12:37,360
and one where we were quite
successful thanks to all those

320
00:12:37,360 --> 00:12:38,360
- Efforts.

321
00:12:38,360 --> 00:12:39,820
So we've talked about a
little bit all the races

322
00:12:39,820 --> 00:12:41,080
that we've got involved in.

323
00:12:41,080 --> 00:12:43,720
We, we'll put all of our wins
once we have a complete list

324
00:12:43,720 --> 00:12:46,090
of them up on our, our WINS website.

325
00:12:46,090 --> 00:12:48,970
We have NR realtor slash advocacy wins.

326
00:12:48,970 --> 00:12:51,730
We like to, to keep a chronicle of

327
00:12:51,730 --> 00:12:53,140
of all of all of our work.

328
00:12:53,140 --> 00:12:54,730
So you know exactly

329
00:12:54,730 --> 00:12:57,160
what your advocacy
dollars are going towards.

330
00:12:57,160 --> 00:12:58,720
But we wanna talk a little bit of analysis

331
00:12:58,720 --> 00:12:59,980
and pick Shannon's brain a little bit

332
00:12:59,980 --> 00:13:03,580
because you did, you
were the staff director

333
00:13:03,580 --> 00:13:07,180
of the House Financial Services
Committee, you also worked

334
00:13:07,180 --> 00:13:09,610
for the Treasury Secretary
as a senior advisor.

335
00:13:09,610 --> 00:13:11,410
So give us your take here,

336
00:13:11,410 --> 00:13:15,940
because our big issue next
year is going to be tax reform.

337
00:13:15,940 --> 00:13:19,420
Of course that was President
Trump during his first terms,

338
00:13:19,420 --> 00:13:22,090
his biggest accomplishment
was, was tax reform

339
00:13:22,090 --> 00:13:25,540
and it it lasted eight years.

340
00:13:25,540 --> 00:13:26,680
The package did most of it.

341
00:13:26,680 --> 00:13:29,710
Some of it expires,
but most of it expires.

342
00:13:29,710 --> 00:13:31,090
Some of it, some of it's permanent,

343
00:13:31,090 --> 00:13:34,210
but it it's all back on the table.

344
00:13:34,210 --> 00:13:35,710
- Oh, absolutely. So the tax cut

345
00:13:35,710 --> 00:13:37,510
and jobs act that many
of those key provisions

346
00:13:37,510 --> 00:13:38,590
expire next year.

347
00:13:38,590 --> 00:13:41,650
And so if you have been
following along with all

348
00:13:41,650 --> 00:13:44,230
of our priority issues
that we speak to members

349
00:13:44,230 --> 00:13:47,680
of Congress about, which are
available at Flyin realtor,

350
00:13:47,680 --> 00:13:52,045
F-L-Y-I-N realtor, you've
noticed that there have been a,

351
00:13:52,045 --> 00:13:53,980
a number of tax bills

352
00:13:53,980 --> 00:13:57,400
because we've spent the last
two congresses working on

353
00:13:57,400 --> 00:13:59,620
bipartisan support for legislation

354
00:13:59,620 --> 00:14:01,810
that could potentially go
into a massive tax package.

355
00:14:01,810 --> 00:14:04,870
When the tax cut and jobs
act, the provisions expire.

356
00:14:04,870 --> 00:14:06,970
Congress doesn't do anything
unless they have to.

357
00:14:06,970 --> 00:14:08,770
We see that through emergency measures.

358
00:14:08,770 --> 00:14:11,200
We see that with the 30 extensions

359
00:14:11,200 --> 00:14:12,820
to the National Flood Insurance Program.

360
00:14:12,820 --> 00:14:14,320
It's always wait until the last minute

361
00:14:14,320 --> 00:14:17,020
and as soon as we know that
this is going to expire,

362
00:14:17,020 --> 00:14:18,040
go ahead and kick the can

363
00:14:18,040 --> 00:14:19,750
down the road a little bit further.

364
00:14:19,750 --> 00:14:21,580
But when it comes to the tax bills,

365
00:14:21,580 --> 00:14:24,310
we've been very proactive in finding the,

366
00:14:24,310 --> 00:14:25,840
those bipartisan solutions.

367
00:14:25,840 --> 00:14:29,320
When you have one party control
and the House and the Senate

368
00:14:29,320 --> 00:14:31,210
and the White House,
they'll use a process called

369
00:14:31,210 --> 00:14:32,230
reconciliation.

370
00:14:32,230 --> 00:14:34,780
It's a budget maneuver that
allows you to get things

371
00:14:34,780 --> 00:14:37,120
through the Senate with
only a majority vote

372
00:14:37,120 --> 00:14:39,550
and not having to have
a filibuster proof vote.

373
00:14:39,550 --> 00:14:41,470
So it moves things along and,

374
00:14:41,470 --> 00:14:43,720
and then it's basically, if
you can get reconciliation,

375
00:14:43,720 --> 00:14:45,790
then the members of Congress
feel like they have to do it

376
00:14:45,790 --> 00:14:47,320
and they'll still attempt to do it

377
00:14:47,320 --> 00:14:49,090
with the bipartisan efforts,

378
00:14:49,090 --> 00:14:51,980
but they'll have the ability
to do it with just one party.

379
00:14:51,980 --> 00:14:55,190
So our job is to make sure
that we have those provisions

380
00:14:55,190 --> 00:14:56,780
and they have all the information

381
00:14:56,780 --> 00:15:00,080
and the fantastic research
that Dr. Lawrence Yoon and Dr.

382
00:15:00,080 --> 00:15:04,670
Jessica Laz put together to,
to make the case for why these,

383
00:15:04,670 --> 00:15:06,440
these provisions need to be in that bill.

384
00:15:06,440 --> 00:15:10,130
- And, and relationships
are a currency in,

385
00:15:10,130 --> 00:15:12,350
in DC it's something
that you build, you know,

386
00:15:12,350 --> 00:15:14,660
I always say you can't just show up in DC

387
00:15:14,660 --> 00:15:17,930
and replicate what NA's
advocacy does overnight.

388
00:15:17,930 --> 00:15:20,120
I mean, you saw that in the video

389
00:15:20,120 --> 00:15:21,710
that we opened this session with.

390
00:15:21,710 --> 00:15:24,920
I mean, we've been protecting
10 31 like kind exchanges

391
00:15:24,920 --> 00:15:27,620
for more than a decade in budgets,

392
00:15:27,620 --> 00:15:29,870
in legislation, in tax reform.

393
00:15:29,870 --> 00:15:31,670
It's one of those issues
that never goes away.

394
00:15:31,670 --> 00:15:33,500
There's, and there's hundreds
of things just like that.

395
00:15:33,500 --> 00:15:36,980
So it's these relationships
that we can, we can sit down

396
00:15:36,980 --> 00:15:38,600
with people who, who respect us

397
00:15:38,600 --> 00:15:41,690
and that that we, we we've
worked with for many years

398
00:15:41,690 --> 00:15:43,790
that help us move our issues forward.

399
00:15:43,790 --> 00:15:45,050
And the reason why I say this is

400
00:15:45,050 --> 00:15:47,600
because, you know, yes, we're
having a new government come

401
00:15:47,600 --> 00:15:49,670
into town, but we've we've got a lot

402
00:15:49,670 --> 00:15:51,830
of relationships on
both sides of the aisle

403
00:15:51,830 --> 00:15:53,870
and we were prepared no matter who won.

404
00:15:53,870 --> 00:15:56,240
- Oh, exactly. And our
policies don't change

405
00:15:56,240 --> 00:15:58,130
because who has the gavel changes,

406
00:15:58,130 --> 00:16:00,770
but maybe how we communicate
those policies or the research

407
00:16:00,770 --> 00:16:03,920
and information we provide
and also those relationships.

408
00:16:03,920 --> 00:16:06,080
They don't start in
Washington DC We are grateful

409
00:16:06,080 --> 00:16:09,680
to have a fantastic team of
advocates who work day in

410
00:16:09,680 --> 00:16:12,530
and day out on strengthening
those relationships and,

411
00:16:12,530 --> 00:16:15,560
and getting to know the staff
and understanding the issues.

412
00:16:15,560 --> 00:16:16,760
But those relationships start

413
00:16:16,760 --> 00:16:19,910
with you back in their district,
back at home where many

414
00:16:19,910 --> 00:16:21,710
of them had served in another office

415
00:16:21,710 --> 00:16:23,810
where they have been
leaders in the community.

416
00:16:23,810 --> 00:16:26,090
And we rely heavily on our amazing

417
00:16:26,090 --> 00:16:27,560
federal political coordinators.

418
00:16:27,560 --> 00:16:32,000
Do we have any FPCs in
the house? Thank you.

419
00:16:32,000 --> 00:16:33,980
They're amazing FPCs for helping

420
00:16:33,980 --> 00:16:35,450
to secure those relationships

421
00:16:35,450 --> 00:16:37,820
and just make sure that
we're keeping tabs on members

422
00:16:37,820 --> 00:16:39,110
of Congress even when
they're back at home.

423
00:16:39,110 --> 00:16:40,790
- I mean, I don't want you to name names,

424
00:16:40,790 --> 00:16:42,410
you know, but Yes you do.

425
00:16:42,410 --> 00:16:45,230
I do like any interesting phone
calls you've gotten in the

426
00:16:45,230 --> 00:16:47,930
last 24 hours about, you know,

427
00:16:47,930 --> 00:16:49,490
from leaders or things like that.

428
00:16:49,490 --> 00:16:51,020
But I, I know that we're, you know,

429
00:16:51,020 --> 00:16:54,440
we have a really great
relationship with Tim Scott

430
00:16:54,440 --> 00:16:56,720
of South Carolina Senator Scott.

431
00:16:56,720 --> 00:17:00,320
He was a, he was a PC
target just a few years ago.

432
00:17:00,320 --> 00:17:04,490
I remember running to, to him
at the pool. He's a great guy.

433
00:17:04,490 --> 00:17:07,760
He, we, we did, we put him in PC

434
00:17:07,760 --> 00:17:11,600
and I read him the, the
morning, the morning rags today

435
00:17:11,600 --> 00:17:12,830
that, you know, he's being floated

436
00:17:12,830 --> 00:17:14,995
as HUD secretary and whether he's not

437
00:17:14,995 --> 00:17:15,995
- Gonna do it, he's not gonna do it.

438
00:17:15,995 --> 00:17:18,357
He told me he's not, but
we'll see, we'll see.

439
00:17:18,357 --> 00:17:20,410
But you know, sometimes
they can be convinced. Yeah.

440
00:17:20,410 --> 00:17:22,190
But he is likely then to be,

441
00:17:22,190 --> 00:17:24,350
if he doesn't go into the administration

442
00:17:24,350 --> 00:17:25,790
to be the Senate banking chair

443
00:17:25,790 --> 00:17:26,600
and that's the committee that

444
00:17:26,600 --> 00:17:28,580
handles most of the housing issues.

445
00:17:28,580 --> 00:17:30,980
And so we have a a great
relationship there. Yeah.

446
00:17:30,980 --> 00:17:33,920
And we have always, when
you see any of the leaders

447
00:17:33,920 --> 00:17:37,610
who are moving forward, those
are always ones where you,

448
00:17:37,610 --> 00:17:39,440
you know, that we have those relationships

449
00:17:39,440 --> 00:17:41,570
and also we do that in
a very bipartisan way.

450
00:17:41,570 --> 00:17:43,310
And having a team who has worked

451
00:17:43,310 --> 00:17:45,530
with these individuals
over the years, you know,

452
00:17:45,530 --> 00:17:48,020
that we're making the right
decisions and our APAC trustees

453
00:17:48,020 --> 00:17:50,910
and others are making really
good decisions when my phone is

454
00:17:50,910 --> 00:17:53,970
ringing after the election
from leaders on both sides

455
00:17:53,970 --> 00:17:56,040
of the aisle saying Thank
you for the support,

456
00:17:56,040 --> 00:17:57,390
we appreciate it.

457
00:17:57,390 --> 00:18:01,260
It's targeted. It is down,
down the, the, the center

458
00:18:01,260 --> 00:18:03,600
and it is very effective.

459
00:18:03,600 --> 00:18:05,190
- Yeah. But that, and that's how DC works.

460
00:18:05,190 --> 00:18:07,305
I mean, you members of
Congress started off

461
00:18:07,305 --> 00:18:09,420
as staffers just like we did.

462
00:18:09,420 --> 00:18:11,430
I didn't go all the way, but I mean

463
00:18:11,430 --> 00:18:12,540
- There's time.

464
00:18:12,540 --> 00:18:13,830
- I could still run
- Too times. You may be young

465
00:18:13,830 --> 00:18:15,780
for the Senate, but you know, we can,

466
00:18:16,650 --> 00:18:18,030
- But you know, that's how it works.

467
00:18:18,030 --> 00:18:21,690
You know, one, one day you have
a, a somebody's a PC target,

468
00:18:21,690 --> 00:18:23,640
10 years later they're the HU secretary.

469
00:18:23,640 --> 00:18:25,020
Not, not that that's happening,

470
00:18:25,020 --> 00:18:27,270
but you know, there's like,
that's the kind of examples

471
00:18:27,270 --> 00:18:30,450
of why we build these
relationships over decades

472
00:18:30,450 --> 00:18:35,070
and we invest in so many of
these races, even though,

473
00:18:35,070 --> 00:18:36,960
you know, not all of them are

474
00:18:37,860 --> 00:18:38,860
- Competitive.

475
00:18:38,860 --> 00:18:40,710
Exactly. Exactly. Yeah. And
yeah, there are other, there are

476
00:18:40,710 --> 00:18:42,240
so many positions that are going

477
00:18:42,240 --> 00:18:44,070
to be open in the next administration

478
00:18:44,070 --> 00:18:47,310
and they do typically, I did
the transition work back in

479
00:18:47,310 --> 00:18:50,730
2016 and I and previous administrations,

480
00:18:50,730 --> 00:18:52,920
and you typically look to
Capitol Hill first when you're

481
00:18:52,920 --> 00:18:54,090
trying to fill these positions

482
00:18:54,090 --> 00:18:55,530
because they speak the language,

483
00:18:55,530 --> 00:18:57,900
they've been somewhat vetted
and see how that turns out.

484
00:18:57,900 --> 00:18:59,580
So these are all going
to be important contacts

485
00:18:59,580 --> 00:19:00,990
that we'll have in the next couple years.

486
00:19:00,990 --> 00:19:04,110
- Yeah. So I did a little
research about, you know,

487
00:19:04,110 --> 00:19:07,530
it looks like if the winds
keep going the way they are,

488
00:19:07,530 --> 00:19:09,840
that there's going to be
a, a very narrow Republican

489
00:19:09,840 --> 00:19:10,950
majority in the house.

490
00:19:10,950 --> 00:19:13,775
The senate is, is
confirmed, is going to be a,

491
00:19:13,775 --> 00:19:15,570
a Republican majority.

492
00:19:15,570 --> 00:19:17,430
And then of course we'll
have a Republican president.

493
00:19:17,430 --> 00:19:19,590
So we are sort of in this pattern

494
00:19:19,590 --> 00:19:24,420
where a new president gets
two years of, of control

495
00:19:24,420 --> 00:19:27,420
of Congress to kind of
pass some big things.

496
00:19:27,420 --> 00:19:30,060
And, and I, and it kind of goes
all the way back to Clinton

497
00:19:30,060 --> 00:19:32,640
and the Republican
revolution of 94 is when

498
00:19:32,640 --> 00:19:34,590
that sort of started

499
00:19:34,590 --> 00:19:35,590
- Two years.

500
00:19:35,590 --> 00:19:36,270
If they're lucky, you'll see

501
00:19:36,270 --> 00:19:39,420
that there's a much more
emphasis on the first 100 days.

502
00:19:39,420 --> 00:19:41,280
And that is when the agenda is set

503
00:19:41,280 --> 00:19:43,230
and everything is put
into motion and whether

504
00:19:43,230 --> 00:19:44,670
or not you're going to be successful.

505
00:19:44,670 --> 00:19:46,950
So when, so when you're prioritizing

506
00:19:46,950 --> 00:19:50,040
and you're, you're deciding
which Bill gets to be HR one,

507
00:19:50,040 --> 00:19:53,700
HR two, HR three, you're
setting that course for how can

508
00:19:53,700 --> 00:19:55,290
that happen within that very first

509
00:19:55,290 --> 00:19:56,460
session of the first Congress?

510
00:19:56,460 --> 00:19:59,310
Because once you get close
to the election year,

511
00:19:59,310 --> 00:20:00,600
everyone gets silly again

512
00:20:00,600 --> 00:20:02,970
and things kind of, you
know, just, just fall apart.

513
00:20:02,970 --> 00:20:04,680
So those first a hundred days are crucial,

514
00:20:04,680 --> 00:20:06,180
which is why we don't sleep

515
00:20:06,180 --> 00:20:08,790
and we just go right
into here are the issues,

516
00:20:08,790 --> 00:20:11,130
here's what's important and
communicating with them.

517
00:20:11,130 --> 00:20:12,420
But that it was, it was during

518
00:20:12,420 --> 00:20:15,330
that time when President Biden
passed the American Rescue

519
00:20:15,330 --> 00:20:17,880
Plan, the Inflation re reduction act

520
00:20:17,880 --> 00:20:21,270
and the bipartisan infrastructure
bill were all immediately

521
00:20:21,270 --> 00:20:24,180
after or within the first year or two.

522
00:20:24,180 --> 00:20:25,140
- And then he, and then he,
and then he lost Congress

523
00:20:25,140 --> 00:20:25,620
in the midterms.

524
00:20:25,620 --> 00:20:27,810
- Right. And then he, which
is very typical. Yeah.

525
00:20:27,810 --> 00:20:29,550
When President Trump's, he,

526
00:20:29,550 --> 00:20:32,850
that's when the tax cut in Jobs
Act was passed during that,

527
00:20:32,850 --> 00:20:34,830
that first year and that yeah.

528
00:20:34,830 --> 00:20:36,360
That was signed into law in December.

529
00:20:36,360 --> 00:20:37,440
So he had one year to do it.

530
00:20:38,580 --> 00:20:40,110
President Obama, that's
when the Affordable

531
00:20:40,110 --> 00:20:41,280
Care Act was passed.

532
00:20:41,280 --> 00:20:43,050
President Bush, because of the events of

533
00:20:43,050 --> 00:20:47,080
after nine 11, he had a little
bit more authority there

534
00:20:47,080 --> 00:20:48,430
to, to get things done.

535
00:20:48,430 --> 00:20:51,280
But he had the Republican
party controlled the Senate

536
00:20:51,280 --> 00:20:52,690
and the 107th Congress

537
00:20:52,690 --> 00:20:55,570
and then, if you remember the
next time it was a 50 50 tie.

538
00:20:55,570 --> 00:20:58,420
Sounds familiar. Yeah.
That's so, you know, there's,

539
00:20:58,420 --> 00:21:00,340
there's a, a lot of things
repeating right now.

540
00:21:00,340 --> 00:21:03,700
And then President Clinton
had full control over House

541
00:21:03,700 --> 00:21:05,650
and Senate for those first two years

542
00:21:05,650 --> 00:21:08,710
and was able to get the
deficit reduction plan done

543
00:21:08,710 --> 00:21:10,600
and that was done without
a single Republican vote.

544
00:21:10,600 --> 00:21:12,940
- Yeah. - So those are some
interesting little tidbits

545
00:21:12,940 --> 00:21:15,250
that people can be
reminded of when looking at

546
00:21:15,250 --> 00:21:16,780
what can be accomplished in the next year.

547
00:21:16,780 --> 00:21:18,700
- And the point of that
is, is they, you know,

548
00:21:18,700 --> 00:21:19,990
they're gonna have a two year window

549
00:21:19,990 --> 00:21:23,500
to get some things done, the
big things that they want

550
00:21:23,500 --> 00:21:26,320
to get done because the 2026 map, crazy

551
00:21:26,320 --> 00:21:28,480
that we're talking about 2026
when the election was two days

552
00:21:28,480 --> 00:21:30,130
ago, but you know, that's

553
00:21:30,130 --> 00:21:31,130
- Not, it is the next election.

554
00:21:31,130 --> 00:21:33,670
- Yes. And we, we, we never stop.

555
00:21:33,670 --> 00:21:37,480
But yeah, 2026 is not as
favorable of a map in the Senate

556
00:21:37,480 --> 00:21:39,670
for Republicans as it was this year.

557
00:21:39,670 --> 00:21:43,180
So it's possible history will
continue to repeat itself.

558
00:21:43,180 --> 00:21:45,940
The midterms is never really
good for the sitting president.

559
00:21:45,940 --> 00:21:47,800
So we are, the next two years,

560
00:21:47,800 --> 00:21:49,840
especially the next year when
we do tax reform, is going

561
00:21:49,840 --> 00:21:52,180
to be when we are all hands on dad.

562
00:21:52,180 --> 00:21:54,130
- Yep. And we are, we
are very well prepared

563
00:21:54,130 --> 00:21:58,030
and equipped to start the
next election cycle today.

564
00:21:58,030 --> 00:22:00,190
- Alright, well if you
listen to the podcast,

565
00:22:00,190 --> 00:22:02,290
you can click on the QR code.

566
00:22:02,290 --> 00:22:04,990
You know, this picture is also on

567
00:22:04,990 --> 00:22:06,010
these two screens right here.

568
00:22:06,010 --> 00:22:07,930
Don't staring straight at Shannon and me.

569
00:22:07,930 --> 00:22:09,605
So it's very creepy. Very creepy.

570
00:22:09,605 --> 00:22:13,540
Just watch yourself to watch
yourself while doing this

571
00:22:13,540 --> 00:22:14,890
- To watch a cartoon version of you.

572
00:22:14,890 --> 00:22:16,810
- Also seeing a giant cartoonie version

573
00:22:16,810 --> 00:22:18,550
of yourself is like the
height of embarrassment.

574
00:22:18,550 --> 00:22:22,090
But you're all realtors, so
I'm sure there's plenty of

575
00:22:22,090 --> 00:22:24,460
faces on benches and buses
and things like that,

576
00:22:24,460 --> 00:22:27,940
but I'm not used to seeing this for me.

577
00:22:27,940 --> 00:22:30,820
But, so anyway, I was gonna
say, if you've listened

578
00:22:30,820 --> 00:22:33,430
to the podcast, we do this
cheese ball thing at the end

579
00:22:33,430 --> 00:22:35,230
called Closing Time realtor Pun,

580
00:22:36,070 --> 00:22:38,020
where Shannon tells us something

581
00:22:38,020 --> 00:22:40,510
that is not public that we don't know.

582
00:22:40,510 --> 00:22:42,730
And so she's gonna tell us
a little story today called

583
00:22:42,730 --> 00:22:44,560
Nikia goes to Washington.

584
00:22:44,560 --> 00:22:46,750
- Yes. Nikia goes to Washington.

585
00:22:46,750 --> 00:22:48,760
So we were very thrilled

586
00:22:48,760 --> 00:22:51,820
and honored to have our
fearless leader join us in

587
00:22:51,820 --> 00:22:55,570
Washington, DC last month
for some fun meetings

588
00:22:55,570 --> 00:22:58,630
around dc including with the
Acting Secretary of Housing

589
00:22:58,630 --> 00:23:02,590
and Urban Development, including
with White House officials

590
00:23:02,590 --> 00:23:05,440
who gave her a lovely
tour of the White House.

591
00:23:05,440 --> 00:23:08,650
And yeah, there's our, our
very own CEO in the White House

592
00:23:09,580 --> 00:23:12,430
briefing room, taking some
tough questions from reporters.

593
00:23:12,430 --> 00:23:15,820
I'd say former media,
CEO, she can handle it.

594
00:23:15,820 --> 00:23:17,200
I think that that could be a,

595
00:23:17,200 --> 00:23:18,850
another great job, but not now.

596
00:23:18,850 --> 00:23:20,470
Nikia, we need you here now.

597
00:23:20,470 --> 00:23:21,790
We, we are so appreciative

598
00:23:21,790 --> 00:23:24,400
and so meetings there
with the FHA director

599
00:23:24,400 --> 00:23:28,060
and we talked about all
of issues related to

600
00:23:28,060 --> 00:23:30,850
the settlement consumer
response, the consumer guides

601
00:23:30,850 --> 00:23:31,930
that we're offering the great work

602
00:23:31,930 --> 00:23:34,360
that the legal team is
doing to, to advocate

603
00:23:34,360 --> 00:23:35,920
for all of these issues.

604
00:23:35,920 --> 00:23:38,680
And then what does this look
like going into the future

605
00:23:38,680 --> 00:23:39,940
for any other policy changes.

606
00:23:39,940 --> 00:23:43,720
So we are appreciative
to have Nikia at the helm

607
00:23:43,720 --> 00:23:45,260
to, to manage these.

608
00:23:45,260 --> 00:23:47,300
And I wanna see some more
photos like this. I know.

609
00:23:47,300 --> 00:23:48,680
Do you any from the White House mess?

610
00:23:48,680 --> 00:23:50,210
Nikia, I wanna see what you had for lunch.

611
00:23:53,150 --> 00:23:54,620
- So that's the scoop. Thank you

612
00:23:54,620 --> 00:23:56,690
to everyone listening to this podcast.

613
00:23:56,690 --> 00:23:57,860
Please be sure to subscribe

614
00:23:57,860 --> 00:24:00,170
and share wherever you get your podcast.

615
00:24:00,170 --> 00:24:02,270
And meet us right back
here for more advocacy

616
00:24:02,270 --> 00:24:03,270
- Scoop
- Next time.

617
00:24:04,610 --> 00:24:07,820
- Realtors are members of
the National Association

618
00:24:07,820 --> 00:24:08,125
of Realtors.