3 reasons to make politics part of your business

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American and Texas flags with the part of the Texas Capitol in the background

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. 

Categories: Governmental Affairs
Tags: governmental affairs, political affairs, policies, legislative affairs


Comments

D Clark on 04/30/2016

Let’s face it, we don’t NEED any more laws or regulation.  As far as I’m concerned they can all stay home for the next 5 years!  We just got more educational requirements because the real estate schools pushed it through, silly advertising requirements that no other profession has to follow,  finger prints (really?), they act like we are a bunch of crooks, which we are not.  The medical profession gets away with total incompetents that jeopardizes lives, while nothing happens to the offenders and we have to worry about being disciplined over a business card.

Ronnie Bredahl on 04/29/2016

Donald Trump is pro-real estate.  Does he qualify for TAR’s support or should we establish basic moral and humanitarian guidelines to follow?

Susanna Boyer on 04/28/2016

Either be at the Table in Politics or be on the Menu…I choose the Table, and that’s why I invest in TREPAC at the Major Investor Level and have pledged to join the NAR President’s Circle this year. It’s not just the candidates that are running for office, but the different bills that are introduced each Legislative Session are so important to us as business owners and for private property rights.
Stay informed and be aware of what is going on in your city.

Tom Jensen Morgan on 04/27/2016

Absolutely critical to the real estate industry and to our society as well.  Thank you for the reminder.


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Legal disclaimer

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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