Call to Action ~ Maryland REALTORS

Real Estate Broker/Owner with Mackintosh REALTORS 82894

Do No Harm to Real Estate and OPPOSE the Veto Override for HB 933


As you may know, currently the Maryland General Assembly is in Special Session. In addition to redistricting, Members of the General Assembly are also considering a veto override for HB 933 -- transfer tax enabling legislation for a Housing Trust Fund for Anne Arundel County.


To be clear, Maryland REALTORS is not opposed to the idea of a Housing Trust Fund, however, we are opposed to using an increase in transfer taxes and recordation taxes as the funding mechanism. Real estate has contributed enough money to the counties revenues – nearly 60% of revenues come from real estate taxes and fees.  


Additionally, Maryland has an existing affordability issue -- and while this tax is targeted on higher-cost homes -- making them less affordable will only discourage homeowners to move, freeing up affordable housing supply. This bill does not even have a cap on how high the special transfer tax rate might be. 


Please excuse our brevity, we know you are busy. Please read more and send your message to urge your legislator to Oppose the veto override of HB 933.


Do No Harm to Real Estate and OPPOSE the Veto Override for HB 933.


Many thanks for your advocacy efforts!

Click the button above to visit the Maryland REALTORS site and send a note to your State Senator.

Comments (6)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What a great call to action, Buzz. I know here in North Carolina efforts to put a bigger burden on real estate sales has been defeated through similar initiatives.

Dec 08, 2021 06:16 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Politicians seem to hate sellers making money on housing without them getting their "fair share" lol

Dec 08, 2021 07:33 AM
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Unfortunately Nina Hollander, Broker  & Jeffrey DiMuria 321.223.6253 Waves Realty we have a Legislature with a DEM majority that wants to override numerous common sense measures passed or vetoed by our Governor Larry Hogan (a former REALTOR)

Dec 08, 2021 08:20 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Thank you for telling me about this. I'll do some research. Hope you're doing well

Dec 08, 2021 09:28 PM
Patricia Feager, MBA, CRS, GRI,MRP
Selling Homes Changing Lives

Buzz Mackintosh - this is a terrific Call to Action. May your REALTOR voices be heard and may you all get the respect you deserve. 

Dec 23, 2021 03:12 PM
Roy Kelley
Retired - Gaithersburg, MD

Good Tuesday morning, Buzz.

Take care, be safe and enjoy the holidays.

Dec 28, 2021 06:47 AM