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After a couple rough days in Miami at the MortgageFraudBlog Conference -
can read all about it here) - I'm up to Orlando for the NAR Conference & Expo.
I hope I can make it to the AR party tonight but it's been a helluva a
few days with morning to night meetings and I'm fading.
appears that most of the posts I read here about the NAR Expo
focus on the social media seminars and the tech sided of things - and
there is plenty of that to go around. As an NAR Director, I frequently
don't have the time to attend those seminars so it's great to be able
to keep up with them through your excellent posts. But since I don't
read much on the governance side of the Expo, I'll try to bring you all
some info on some of those issues since that's where I spend most of my
for example, I attended the Economic
Issues and Residential Real Estate Forum
featuring NAR Chief Economist Lawrence Yon and noted business trends
expert Stefan Swanepoel. Following that was our meeting for Land Use, Property Rights and
Environment Committee, followed by the Regulatory Issues Forum
featuring NYU Public Service Professor Paul Light, Howard Glaser,
President of the Glaser Group and David Horne, Chief of Staff at HUD.
start this commentary on the Regulatory
Issues Forum:Transition to a New Administration, People &
with future blogs on the other two. Please keep in mind I will be
providing what appealed to me as the highlights of 2 - 3 hour
some memorable quotes and a feel for the agenda. These were jam-packed
issues that cannot be simply translated into a brief blog post so I'll
not even try.
quote Professor Light: "This
Presidential transition will be the most difficult since Abraham
Lincoln entered office. Although President-elect Obama is not facing a
civil war, he will inherit an agenda of staggering uncertainty as the
nation teeters on the edge of economic collapse." Obama
will face three immediate tests that will determine his success in
the speed with which he fills the 3,000 political appointee
at his discretion and the quality of appointments he makes. You may
remember some of the paralysis surrounding Bill Clintons failure to
fill more than half of these positions during his first hundred days
and the accusation of cronyism that swirled around many of the
appointments he did complete. All eyes will be on Obama to measure the
depth of his character and his decisiveness in completing this task.
- he must decide how
Having promised maximum access and transparency, he will soon be faced
with paralysis by analysis unless he can discipline himself to act
rather than give in to his natural tendency to discuss, form consensus
explore all options. His selection of Rahm Emanuel as Chief of Staff is
probably an indication that access to Obama will become very limited
very fast, which will disappoint many of his strongest supporters.
- he must narrow his
a precious few. There is no New Deal or Great Society mandate from
the voters. Not only that, many of his options will be severely
constrained by the economic realities he inherits. If he tries to
shotgun an agenda he will fail miserably. If he presses for a very
narrow, focused single shot approach to his primary goals, he stands a
greater chance of succeeding with those hot button items. This will
also disappoint many of his supporters to whom he promised a broad
stroke approach to address a multitude of issues.
needs to be able to
say no to many of his supporters and constituents
right now because his transition team is being bombarded by applicants
and supplicants. As Prof. Light noted, there are more trial balloons
being floated in D.C. right now than at a clown convention. He further
likened the future to a 'big old freight train coming out of D.C."
after the new year. We
don't know who all's gonna be on it and aside from the engineer we
don't know who's gonna be running it. It'll be loaded down with all
kinds of stuff and we don't know what yet. In spite of promising to
lighten the load, they're still adding cars right and left and we can
count on at least one car loaded down with pork and we know there'll
probably be a few bad apples on board as well.
all three speakers emphasized the greater
need for Realtors to be involved in the political process right now.
Especially as concerns decisions made on the bail-out and other
stimulus programs, Legislators need our input very badly. The insider
advice they've been receiving hasn't exactly produced stellar results
and has landed us in the mess we're in today - they need the advice of
people who know what's happening, who see the results on a daily basis
and who have some practical ideas on what will help. That's US.
no substitute for the local Realtor talking to his/her local Legislator
and providing real life examples of what these policies are doing to
others in the district. If you're not already, please get involved.
Realtors represent a 1.2 million strong grass-roots movement that
reaches from Jerry Giovaniello's office in D.C. right down to your own
representatives office down the street from you. Obama's going to have
his hands full on a number of fronts - we can
have a real voice in shaping housing and recovery policy if we choose.
It's up to us (it's actually up to YOU, I'm already trying my best).
Wunderlich - Selling Southwest California Homes including
Temecula, Murrieta & The Southern California Wine Country
Remember, Don't wait to buy real
estate - Buy real estate and wait.
' NAR - Regulatory Issues
THE OPINIONS IN
COMMENTARY ARE STRICTLY GENE WUNDERLICH's PERSONAL OPINION. WHILE ANY
REASONABLE &/or RATIONAL PERSON SHOULD AGREE, THESE VIEWS MAY
REFLECT THOSE OF ACTIVERAIN, COLDWELL BANKER RESIDENTIAL BROKERAGE OR
ANY LOCAL, STATE OR NATIONAL ASSOCIATIONS.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.