DataDigest: 25 years of NAR lobbying visualized | ET REALITY

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He National Association of Realtors (NAR) is navigating turbulent waters as it handles the resignation of its president, which was prompted by allegations of sexual harassment and a culture of fear and retaliation, and faces two massive class-action lawsuits that could forever change the commission structure. He is also fighting a legal battle with the Justice Department.

Former NAR President Kenny Parcell denies the allegations, and a NAR spokesperson previously told HousingWire that it does not tolerate discrimination, harassment or retaliation.

Some real estate agents have called for the firing of executives and a complete overhaul of the structure of the trade group, which has 1.6 million members, the majority of whom are women.

The NAR’s fights are a focal point for the housing industry, as the association is the industry’s leading policy advocate and one of the largest spenders on lobbying in the country.

The organization spent more all organizations in the country in 2020 and 2022 and came in second place behind the US Chamber of Commerce in seven of the last 10 years. He is on pace for another second place finish this year.

No one in the real estate industry comes close to the NAR’s lobbying budget. freddy mac and fanny mae It briefly outspent NAR in the early 2000s, but the association has maintained the industry’s top spot since 2006, according to OpenSecrets data.

Last year, it spent $81.7 million on lobbying, eclipsing the industry’s second-highest amount: $6.8 million. National Multifamily Housing Council.

The association spent more than $23.5 million in the first half of 2023, nearly half of the industry’s total spending.

Legislative priorities

“From its building located steps from the United States Capitol, NAR advocates for federal policy initiatives that strengthen Americans’ ability to own, buy and sell real estate,” NAR says on its website.

Unsurprisingly, housing is the category most pressured by the NAR in the last 25 years, according to OpenSecrets. Taxes, finance, insurance and consumer product safety round out the top five.

NAR’s website lists its top priorities for 2023 as:

This year’s NAR disclosures cite 36 bills, according to OpenSecrets. Other policy topics include flood insurance, flood mitigation funds, data privacy, investment incentives for urban centers, and electronic notarizations, among others.

Over the past decade, the bills most cited in the association’s disclosures are:

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