3 reasons to make politics part of your business
04/27/2016 | Author: Editorial Staff
There’s no way around it ... you work in one of the country’s most regulated industries. Federal, state, and local regulations dictate how you do business every day. That’s why it’s so important for Texas REALTORS® to play a role in the political process.
Why get involved?
These regulations don’t arise out of nowhere, and decisions that affect your livelihood aren’t only made when the Texas Legislature is in session every two years. Here are a few reasons why it’s critical for Texas REALTORS® to get involved by supporting pro-real estate policies and candidates.
To protect your clients. When you work to protect consumers’ rights, you’re helping your own clients and prospects. Plus, your clients will have you to thank for saving them money when they buy, sell, or lease real estate. For example, Texas REALTORS® successfully backed statewide Proposition 1 in the November 2015 election, which raised the homestead exemption for Texas homeowners and banned a transfer tax on the sale of real estate.
To protect your community. Issues like local ordinances, zoning changes, and proposed developments have far-reaching impact where you work and live. You can help ensure the people making these decisions support pro-real estate policies.
To protect your industry. Regulations that limit your ability to conduct business—a tax on your commissions, for example—are proposed during every legislative session, so REALTORS® have to be vigilant. Check out this three-minute video that highlights several other ways government is involved in your business.
Where to start
You don’t have to look to the state Capitol or Washington, D.C., to find ways to get involved—you can start at the local level. Ask your local REALTOR® association how you can support pro-real estate candidates running for office in your area. And let the Texas Association of REALTORS® know if there’s a proposed local ordinance that could affect all Texas REALTORS® or property owners.
What you can do right now
One of the best ways to get involved is to support pro-real estate policies and candidates—something you can do today. Several REALTOR®-supported candidates are in the primary runoff election on May 24. Visit texasrealtorssupport.com to see who’s on your ballot.
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.