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We’re talking about you in D.C. this week

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Professional headshot of Mark Lehman

05/10/2016 | Author: Mark Lehman

In Lehman's Terms

With presidential campaigns taking up so much airtime, let’s not forget that the U.S. Congress is still in session, and every time these elected men and women meet, your interests as a real estate consumer are at stake. That’s why more than 400 Texas REALTORS® are in Washington, D.C., this week, advocating for you during the REALTORS® Legislative Meetings.

D.C. is beautiful this time of year, but REALTORS® aren’t here to see the sights—they’re here to work. And while being here, they are also sacrificing time away from their businesses and families because they know the importance of face-to-face interaction with legislators. 

Every day during this annual meeting, REALTORS® brave crowded subways, intense security lines, and long trudges back and forth across Capitol Hill to meet with all 38 members of the Texas congressional delegation or their representatives to discuss current congressional actions affecting real estate. For example, one measure makes several much-needed reforms that increase affordable options for homebuyers. Another bill will provide more affordable and accessible private flood insurance options for property owners. Check out the materials on realtor.org to learn more about these and other issues REALTORS® are currently watching.

There are also issues REALTORS® must vigilantly watch whenever Congress is in session. When you filed your income taxes, you may have deducted your property taxes and the interest you paid on your mortgage last year. Unfortunately, these two tax incentives that promote homeownership are always at risk as a vocal chorus of D.C. bureaucrats continues to look for more revenue sources to fund government.

I’m really looking forward to seeing Texas REALTORS® at work as they share their concerns with lawmakers, bringing public policies to life with real-world examples—a role they take seriously.

To put all this in “Lehman’s” terms, REALTORS® don’t just help you buy, sell, and lease real estate. They’re also hard at work protecting your investment by encouraging lawmakers to support legislation that protects homeowners. They came to D.C. to lower your taxes, to increase consumer protections, and to make homeownership affordable for more Americans. Sounds like a lofty goal, but REALTORS® are in it for the long haul for you.

Mark Lehman is vice president of governmental affairs for the Texas Association of REALTORS®. 

Categories: In Lehman's Terms
Tags: governmental affairs, in lehman's terms

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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