REALTOR Party Political Survival Initiative Approved by NAR Board of Directors
Statement by Ron Phipps, 2011 NAR President, on the passing of the REALTOR® Party Political Survival Initiative:
"Earlier today, the NAR Board of Directors voted in favor of the REALTOR® Party Political Survival Initiative and agreed to fund it through a dedicated dues increase of $40 per member, beginning in 2012. The initiative will allow NAR to provide millions of dollars in additional support to state and local boards, which are facing a cadre of policy proposals that would restrict private property rights and drain home owners' pocketbooks.
"As the only organization speaking on behalf of America's home owners, NAR must remain strong and influential at all levels of government. During the past week, we have heard from dozens of industry and government leaders about the broad challenges facing our markets and the growing desire on the part of federal, state and local governments to implement policies that would hurt home owners and the economy. In passing this initiative, REALTORS® send a clear message that we are ready and willing to protect the home owners and communities we serve.
"On behalf of the entire organization, we thank the directors for their feedback and guidance, as we refined this initiative, and we are grateful to all REALTORS® who engage in an informed debate prior to this vote."