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| June 2016 |
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Tom Salomone
2016 NAR President |
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Dale A. Stinton
Chief Executive Officer |
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| Four Star |
| • |
California Regional MLS |
| • |
Metropolitan Regional Information Systems, Inc. (MRIS) |
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| Three Star |
| • |
Arizona Regional MLS |
| • |
Delaware Valley MLS |
| • |
Midwest Real Estate Data, Inc. |
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My Florida Regional MLS |
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TREND, Inc. |
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| Two Star |
| • |
John L. Scott Real Estate |
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Leading Real Estate Companies of the World® |
| • |
Mid America Regional Information System |
| • |
MLS Property Information Network |
| • |
MLSListings, Inc. |
| • |
Northstar MLS |
| • |
Northwest MLS |
| • |
RE/MAX, LLC |
| • |
Regional MLS |
| • |
Shorewest REALTORS® |
| • |
Templates 4 Business, Inc. |
| • |
Wasatch Front Regional MLS |
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| One Star |
| • |
1000Watt Consulting |
| • |
Carolina MLS |
| • |
CCIM Institute |
| • |
Columbus and Central Ohio MLS |
| • |
Gulf South Real Estate Information Network |
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IRES |
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IREM - Institute of Real Estate Management |
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San Francisco Association of REALTORS® MLS |
| • |
SIOR – Society of Industrial and Office REALTORS® |
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State-Wide MLS |
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| Investors |
| • |
Cape May County MLS |
| • |
Gallatin Association of REALTORS® MLS |
| • |
Great Plains MLS |
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Greater Baton Rouge Association of REALTORS® MLS |
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Heartland MLS |
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Intermountain MLS |
| • |
Kings County Board of REALTORS® MLS |
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Midlands MLS |
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MLS Hilton Head Island, SC |
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MLS of Wilmington Regional Association of REALTORS® |
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Northern Kentucky MLS |
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Northern Nevada Regional MLS |
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Northwest Louisiana Association of REALTORS® MLS |
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Northwest Oklahoma MLS |
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Northwestern Wisconsin MLS |
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South Central Wisconsin MLS |
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Southshore MLS |
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| Corporate Investor Council Members |
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Marbury Little, Chair |
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Jim Imhoff, Vice Chair |
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Shadrick Bogany |
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Christopher Carrillo |
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David Charron |
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Sherry Chris |
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Matthew Consalvo |
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Merri Jo Cowen |
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J. Nicholas D'Ambrosia |
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Ann Defries |
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Daniel Elsea |
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J.P. Endres Fein |
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Kathy Fowler |
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Helen Hanna Casey |
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Jim Harrison |
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Rebecca Jensen |
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Geoffrey Lewis |
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Vince Malta |
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Reinaldo Mesa |
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Judy Moore |
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Norman Morris |
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Ronald Peltier |
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Alexander Perriello |
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Gary Reggish |
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J. Lennox Scott |
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Randal Smith |
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Lisa Stephenson |
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Philip Tedesco |
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Mark Woodroof |
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| Regional Corporate Ally Representatives |
| • |
Larry Rideout |
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Allan "Dutch" Dechert |
| • |
Kit Hale |
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Sandra O'Connor |
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Cynthia Shelton |
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Teri Spiro |
| • |
Jeff Gregory |
| • |
Mike Hunstad |
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Caroleen Ferrell |
| • |
Beth Cristina |
| • |
Chris Mygatt |
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Mike Schoonover |
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Judy Zeigler |
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CORPORATE ALLY PROGRAM UPDATE
Message from the Chair
Welcome to 2016’s second edition of the Corporate Ally Program Newsletter!
This informative newsletter is being sent to you because you are an invaluable investor in the REALTOR® Party’s Corporate Ally Program. Your investments keep our political advocacy program at the forefront of our effort to protect the real estate industry from onerous legislation and regulation. The NAR, state and local government affairs staff is second to none, and we must provide the necessary funding for their efforts to reach the political leaders at all three levels of government. This three-pronged attack of staff, money and grassroots creates the necessary framework to grow our REALTOR® family and to remain “The Voice For Real Estate.”
I hope you find this newsletter informative, and if you have any suggestions on topics to make it more valuable to you please contact me (marburyl@aol.com, 504-782-361). Thank you for your participation in the 2016 Corporate Ally Program.
Regards,
Marbury A. Little
2016 Chairman
Corporate Ally Program
The View from Washington
 During the 2016 REALTOR® Legislative Meetings & Trade Expo, one of the talking points for Capitol Hill visits was focused on H.R. 3700, the Housing Opportunity Through Modernization Act of 2016. This bill passed unanimously in the House (427-0 vote), yet it languishes in the United States Senate, the victim of election year posturing.
On Monday, June 13, 2016 NAR launched a Call For Action to all REALTORS® asking all 100 United States Senators to pass H.R. 3700. We expect the Call For Action to remain active until the Senate begins its summer recess scheduled for July 18, 2016.
Please join us in participating and promoting this Call For Action on websites, newsletters, during office visits and on social media, etc.
Fundraising Update from Paula Martino, Corporate Fundraising Director
Thanks to the generosity of our investors, I am very pleased to report the Corporate Ally Program (CAP) has increased revenues by 34% over this time last year. As the first half of 2016 draws to a close, more than 50% of our 2015 founding MLS investors have reinvested in the program. We are looking forward to a 100% reinvestment from this category of investors before the end of the year. To reach the 2016 MLS fundraising goal of $700,000, our 13 Corporate Ally Regional Representatives are working hard with Corporate Investor Chair, Marbury Little, to bring new MLS investors into the program.
This year, the Corporate Ally Program has two new categories of investors – large brokerages and real estate technology business partners. Corporate Investor Council Vice Chair, Jim Imhoff, kicked off the brokerage soft money campaign in March with a bang. At this time, Jim has already secured $125,000 in investment commitments from some of the nation’s largest brokers and the checks are arriving to NAR headquarters in Chicago weekly. In addition to Jim’s efforts with large brokers, 8 state REALTOR® Associations have launched their own CAP broker soft money fundraising campaigns. NAR is grateful to the state associations of California, Florida, Illinois, Louisiana, Massachusetts, Minnesota, Missouri, and Washington for agreeing to work with us to develop their customized pilot fundraising programs. We are beginning to see the results of the states’ efforts in the form of new CAP money investments from brokers in their states.
Last but certainly not least, we extend sincere thanks to David Charron and Gregg Larson for taking charge of the outreach to real estate technology business partners in May. David, CEO, of MRIS one of the nation’s largest multiple listing services and Gregg, CEO of Clareity Consulting, a real estate information and technology management firm have been working email and phones on behalf of CAP since early May. To date, they have raised over $40K in new soft money commitments. Both David’s and Gregg’s companies are founding investors in the Corporate Ally Program and David serves as a member of our Corporate Investor Council. As you can see, there are great things happening in Corporate Ally Program and every one of our generous investors and hardworking fundraisers play an important role in this success.
Your Corporate Ally Dollars at Work
Corporate Ally Program investments dedicated to state and local issue campaigns have assisted the following 2016 campaigns:
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The Colorado Association of REALTORS®' campaign to enact state legislation creating a first-time home buyer savings account program that will incentivize future homeowners to start saving early for the costs of buying a home. |
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The Boulder Area REALTOR® Association's (CO) campaign to enact legislation amending the local comprehensive plan and local land use/housing/transportation laws in order to promote smart growth development in the Boulder area. |
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The Greater Capital Area Association of REALTORS®’ campaign to defeat passage in Montgomery County, MD, of a dramatic increase in the real estate recordation tax that would put the burden of funding school improvements and rental assistance on homeowners rather than on the entire community. Check out the campaign videos here. |
Corporate Ally News and Updates
NAR Symposium Highlights Consensus: Access to Credit is Paramount for Homeownership
Tight underwriting has made mortgage credit hard to come by, even for the most creditworthy borrowers. But the situation is even tougher for people who come from backgrounds that avoid debt, leading to little or no credit history. NAR, along with the Asian Real Estate Association of America (AREAA), the National Association of Hispanic Real Estate Professionals (NAHREP), and National Association of Real Estate Brokers (NAREB), joined members of Congress to host a roundtable discussion on advances in credit scoring and potential impact for home buying consumers.
Court Upholds FCC’s Net Neutrality Rules
On June 14, the D.C. Court of Appeals ruled in favor of the Federal Communications Commission’s (FCC) net neutrality regulations to ensure an open internet in the U.S. In the ruling, internet providers are not allowed to block, slow or sell faster delivery of legal content on their networks. NAR sup ported the FCC’s Open Internet Order as REALTORS® recognize the critical need for open access to technology and online resources to meet the needs of their clients. Internet service providers like AT&T and others are expected to challenge this decision at the Supreme Court. It remains to be seen whether the court will take up the case.
Federal and State Independent Expenditure Program (2016)
Below is a state breakdown of independent expenditures completed through June.
| State |
Number of Campaigns |
Sum of All Campaigns |
| AL |
1 |
$17,909.68 |
| AR |
1 |
$4,344.60 |
| CA |
6 |
$34,123.16 |
| DC |
1 |
$70,000.00 |
| FL |
13 |
$121,877.00 |
| GA |
16 |
$107,298.69 |
| ID |
1 |
$5,000.00 |
| IL |
8 |
$159,028.00 |
| IN |
2 |
$29,350.00 |
| KS |
5 |
$61,337.87 |
| KY |
2 |
$18,463.16 |
| MO |
11 |
$62,015.23 |
| MS |
1 |
$7,748.01 |
| NC |
7 |
$301,900.00 |
| NV |
1 |
$3,726.94 |
| OK |
3 |
$8,961.24 |
| OR |
4 |
$19,550.00 |
| PA |
6 |
$75,645.23 |
| SC |
6 |
$71,356.29 |
| TX |
24 |
$664,753.00 |
| UT |
2 |
$625,000.00 |
| WA |
2 |
$243,830.35 |
| WV |
2 |
$10,352.30 |
| Grand Total |
125 |
$2,723,570.75 |
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