The REALTORS® Political Action Committee (RPAC) is the best way a REALTOR® can protect their business. RPAC is the only grassroots and issues mobilizing force that exists to protect and promote the tradition of home ownership and real estate investment.
By contributing to RPAC, you are able to support REALTOR® friendly legislators who believe in our industry and believe in protecting private property rights, perserving the American dream of home ownership, fighting for tax reforms and reducing burdensome regulations on our business.
MI RPAC has saved both REALTORS® and homeowners thousands of dollars each year. From protecting private property rights, to fighting off burdensome regulation, RPAC continues to promote homeownership and real estate investment.
|Defeated proposals to tax commission||$1,700|
Defeated legislation to include REALTORS under the MI Consumer Protection Act
|Retaining the Mortgage Interest Deduction||Homeowner savings: $2,376|
|Eliminated the MBT and 22% Surcharge||Broker savings in taxation: $968 annually|
|Fought off costly point of sale mandates||Homeowner savings: $2,500|
|Banned Private Transfer Fees||Homeowner savings: $1,080 annually|
|Held off expansion of the Real Estate Transfer Tax||$1,150 per transaction|
|Eliminated the Wall License posting requirement||Broker savings: $200 annually|
|Preventing Banks from entering in Real estate||$6,250 annually|
|Prevention of 10% down payment of FHA Loans||$3,225|
|Enhancement of the Principal Residence Exemption||Homeowner savings: $1,358|
|Defeating the Property Environmental disclosure||$30+ million annually|
|Forgiving Mortgage Debt||$606 million|