Bradenton Florida Real Estate News

Friday, June 09, 2006

What do REALTOR's do for you?

With the backing of our 1.2 million members, NAR lobbies congressional representatives and federal policymakers in support of private property rights and housing affordability. Our efforts enable more Americans to achieve the American dream of home ownership and to benefit from the expertise of a trained, reliable real estate professional.

Here are just some of the issues we are working on:

We defend the mortgage interest deduction
As of Spring 2006, the deduction appears to be safe, but we remain on alert.

We support state efforts to curtail “eminent domain” decisions that allow local governments to seize private property for use by private interests in the name of enlarging their tax base and promoting economic development.

We are speaking before Congress and government agencies to keep banks out of real estate, which could compromise bank lending decisions and restrict consumer choice and competition.

We are working to urge Congress to pass small business health plan legislation which will give 45 million small business employees access to the same quality group health insurance plans currently available to union workers and employees of large corporations.

We educate REALTORS® about how to comply with the federal Real Estate Settlement Procedures Act to ensure that real estate closing practices are fair, ethical, and legal.

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