National Assoc. of Realtors Town Hall Meeting Rebuttal
Town Hall Meeting Replay Here You will be asked to sign in and the program is 1.5 hours long.
Please speak your opinions here (towards bottom).
The meeting began with reading a portion of our Code of Ethics. What does our Code of Ethics have to do with real estate ownership? The actual ownership of property? Nothing in my opinion. What it does is directs our actions towards buyers, sellers or anyone we work with on a daily basis. What it is not is a constitutional right to home ownership. Even though we rally loudly for the benefits of home ownership, it is not an unalienable right under our constitution. I think they should have started the meeting then with the 'pledge of allegence' instead of these wasted few minutes. The Code of Ethics is something I abide by in my daily interactions with clients.
Transfer Tax defeats in various states - I really think that NAR is patting itself on the back here. I believe in today's climate, there are no tax increases favored by the public. Say the magic words 'tax increase' and it will equal a 'no' vote. I feel that in the past these taxes were allowed to pass because nothing was done (or not enough at the time) to broaden public awareness to them in the past. We in Illinois have had transfer taxes for a good part of 15 years and locally NAR did nothing for their defeat. Now we have problems trying to get them repealed once owners finally figured out what it meant to their pocketbooks and bottom line. (Illinois is the home of NAR right?)
Involvements in Campaigns - Personally I feel that there is too much mention of a 'Realtor Political Action Committee'. Sounds like the making of another political party with 1 million Realtors strong! An army for homeownership and the people! Give me a break! We don't need another 'Tea Party' with everyone wearing their Realtor pin! It's paranoid.
I do not want my dues money in any form greasing the palms of slimy Washington politicians & lobbyists. I do not want to support 'NAR's choice' of political candidates! I want to support my own candidate based upon my personal set of values. That is my right as a home owning citizen!
They did make mention of the current $35 use of the Public Awareness Fund. I'll call it the gas guzzling 'Bus Fund'. I'm sure that most of you already didn't know that this fund was in effect. I noticed on my last blog post that most had no idea they were already giving money. What the dues increase will be is another $40 EACH into that pot. That totaling $75 each. Then don't forget the upcoming increase for 2012 of another $40 making it a total of $115 each. Multiple that by how many members in NAR? That's alot of palm grease for those politicians.
The Decline of Home Ownership - I think we should join forces and use our massive group efforts with Lender Memberships regarding mortgage money loosening and home ownership. I think that 'home ownership' as a whole has come under attack just because of the ongoing mortgage crisis.
Lenders are fighting for their lives everyday - they are the people that are under daily attack not NAR and home ownership values. The public might not be aware of the subtle differences between loosing your home to foreclosure and the bank taking away your home illegally by foreclosure. Let's face it the public doesn't really understand the problem fully. They are concerned but information is skewed. We should make the public more aware of our concerns for their future. We should make the public aware that home ownership depends on them getting the widest array of mortgage products available to them without discrimination.
'We always have a choice on dues increases' - yeah? Tell me how to defeat it or get around it? Because I don't think NAR deserves the control of any of my hard earned money for the uses above. I suppose you believe in Tinkerbell too?
Another good question that I will pose to you - Is Home Ownership really under attack?
Is it really?
You should decide.