National Association of REALTORS® GADFly Newsletter
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GADFly Newsletter
September 2022
Welcome to the 2022 - 2023 GAD Advisory Group
On behalf of the Chair and Vice Chair of the GAD Advisory Group we would like to welcome the new 2022 – 2023 AG members.  Please help us in thanking all these volunteers for their time and commitment to GAD Nation!

AG Members: Josh Dix, Chair (Charleston, SC); Elizabeth Peetz, Vice Chair (Colorado); Brad Ward, Immediate Past Chair (Michigan); Kristopher Anderson (Chicago, IL); Rian Barrett (Pasadena, CA); Dahlia Brown (Texas); Alissa Dailey (Utah); Veronica Dickerson (Northern KY); Neeley Erickson (Illinois); Alex Haddad (Greater Metropolitan Assoc. of REALTORS®, MI); Jeff Ledford (Georgia); Molly McVay (Missouri); Marlo Paventi Dilts (Long Island, NY); Aly Perkins (Phoenix REALTORS®), Betsy Schultz (Eugene, Springfield and Central Oregon); Amy Taylor (Michigan); Zachary Trupp (Greater Capitol Area, DC); Katherine Wendt (North Carolina); Clarke Wise (Mississippi)

Fair Housing Impacts All NAR Members and All Communities.
Check yourself and help your members protect against fair housing violations through continued education. NAR provides training and tools and resources to help REALTORS® prevent discrimination in real estate and continue to provide equal professional service to all. Visit nar.realtor/fairhousing today.

FPC Onboarding Procedure and Webinar
Last week, NAR circulated a memo regarding the FPC selection and onboarding process for the 118th Congress. The memo also details changes that came out of the recent FPC Workgroup including a newly launched optional universal FPC application template to vet new recruits to the program. The memo can be found in the GAD Hub. Note, a webinar will be hosted by the NAR Advocacy team on September 20, 2022 to walk through the process and field any questions you may have about changes. If you have any questions about the FPC selection process contact Victoria Givens.

New Transfer Tax Study
A June 2022 study by Sage Policy Group, partially funded by NAR, examines the negative economic consequences of real estate transfer taxes for both residential and nonresidential real estate.  It provides a detailed discussion of the negative consequences of this regressive tax for incomes, transactions, investments, valuations and homeownership. Questions?  Contact Joe Maheady.

GAD Meetings at 2022 NAR NXT
Please mark your calendars for the GAD meetings below. Rooms assigned at later date.
  • Friday, November 11 – GAD Reception 5:00 – 7:00p, location TBD
  • Saturday, November 12 – GAD Meeting 10:30a – Noon, Hyatt Regency Orlando
  • Saturday, November 12 – State/Local Breakout Meetings Noon – 1:00p, Hyatt Regency Orlando
Community Outreach
Reminder: Community Outreach Grant Application Deadline is October 15th
Make plans to apply for Smart Growth, Housing Opportunity, Fair HousingPlacemaking and Rural Outreach grant to position your association and REALTORS® as leaders in improving their communities through education and advocacy by October 15th! Need ideas on how a grant can help fund your advocacy effort? Search success stories or sign-up for a 30-minute one-on-one meeting with staff experts via Zoom to brainstorm ways your association can leverage a Community Outreach Grant. Questions? Contact Christine Windle

Discuss Future Placemaking Project Ideas with New Grant Manager
Gain political capital, increase your influence and enhance the REALTOR® image when you collaborate with local leaders on a Placemaking project such as a community garden, playground, parklet or dog park, supported by a grants and a range of additional resources including a toolkit  and technical assistance. Meet new Placemaking Grant manager Catherine Mesick to discuss different kinds of projects can be funded in your community. Contact Catherine Mesick.

Engage in Housing Affordability Initiatives
State and local associations can lay the groundwork for housing affordability initiatives in their region by leveraging NAR’s Housing Opportunity Grant program. View the Expanding Housing Opportunity Toolkit for success stories, State and Local Policy Strategies to Advance Affordability for policy solutions and On Common Ground: Addressing the Housing Shortage that explores ways all levels of government and the private sector are responding to the housing shortage. Questions? Contact Christine Windle

REALTOR® Party Success Stories – September 2022
Each month, stories highlighting state and local associations who leveraged a REALTOR® Party grant or resource that led to an advocacy "win" are highlighted and cataloged in the REALTOR® Party Success Stories. Success stories created in August aligned with the sustainability theme include:
RPAC Fundraising
Deadline: RPAC Major Investor Recognition
Make sure you and your members are recognized as RPAC Major Investors in time for the 2022 NAR NXT, The REALTOR® Experience! RPAC investments must be submitted to the NAR Finance Office no later than Wednesday, October 19, 2022 to meet this deadline. Click here for more information or contact Jackie Zaporowski (202-383-1029), or Debbie Frey (312-329-8565).

Save the Date: RPAC Major Investor Reception  
The RPAC Major Investor Reception will be held Saturday, November 12 from 6:30pm to 9:30pm during NAR NXT, The REALTOR® Experience. We will be at SeaWorld this year! Please keep in mind, the deadline to have Major Investor funds processed to be invited to this event is Wednesday, October 19th. We hope to see you and your fellow 2022 Major Investors there!
Contact Jackie Zaporowski (202-383-1029)

Deadline: Corporate Ally Program Recognition
It’s not too late for organizations to receive recognition at 2022 NAR NXT, The REALTOR® Experience! Investments must be received at the NAR Finance Office no later than Wednesday, October 19, 2022 to meet this deadline.  CAP Investors do NOT need M1 numbers to invest!  Need more information, contact Allyson Nelson (202-383-1156).

2022 President’s Circle Deadline
All four President’s Circle rounds have now launched for 2022! The full $2,000 investment is due by September 30, 2022, but please encourage your members not to wait to complete their commitment! View the current President’s Circle Roster online. For more information regarding President’s Circle, contact Avery Walker (202-383-1268).

President’s Circle Conference Update
The President’s Circle Conference will be held at Moon Palace The Grand Cancun in Mexico from March 1-4, 2023. Registration will open in three phases this year:
  • Friday, August 19: Early bird registration opens to all 2022 President's Circle members who have completed their $2,000 investment by July 29. These registrants have first access to a limited number of hotel rooms available on the nights before and after the conference.
  • Monday, September 19: General registration opens to all 2022 President's Circle members who have completed their $2,000 investment by August 31.
  • Wednesday, October 19: General registration opens to all 2022 President's Circle members who have completed their $2,000 investment by the September 30 program deadline.
Contact Avery Walker (202-383-1268) for questions regarding the President’s Circle program.

Contact Patricia Tarhon (202-383-1119) for questions regarding registration for the 2022 President’s Circle Conference.
NAR Research and Press Releases
Instant Reaction: Mortgage Rates, September 08, 2022
Mortgage rates continue to escalate, moving closer to 6%. The 30-year fixed mortgage rate rose to 5.89%, surpassing their recent high in mid-June.
By: Nadia Evangelou

Instant Reaction: Jobs, September 2, 2022
The latest monthly gain of 315,000 net new jobs is slower than the average of 503,000 average monthly gain in the prior 12 months.
By: Lawrence Yun

Instant Reaction: Mortgage Rates, September 01, 2022
On September 1, 2022, mortgage rates continued to rise, with the 30-year fixed mortgage rate inching up to 5.66% from 5.55% the previous week.
By: Nadia Evangelou

Research Spotlight: 2022 Remodeling Impact Report
NAR's Remodeling Impact Report examines the reasons a homeowner remodels, the outcome of taking on projects, and the increase in happiness at project completion.
By: Meredith Dunn

Despite a Contraction in Sales Activity, the Homebuying Market Remains Competitive
Inventory remains in tight supply, which means homes are still moving at a fast pace despite the recent rise in rates and home prices; the median days on the market is just 14 days.
By: Jessica Lautz
MESSAGE FROM THE GAD CHAIR
Josh Dix
GAD Chair
Charleston Trident Association of REALTORS®


A person smiling for the camera  Description automatically generated with low confidenceGAD Nation!  We want to welcome the newest members of the Advisory Group to the team!  We had a tremendous amount of interest for the available seats.  Thank you to those who applied and please consider applying again next year.  While we only have a designated amount of seats, we want to use all GADs at the Institute.  If you are interested in participating in a panelist role, let us know.  We want to use everyone's skills to benefit the community.

We will have our first AG meeting later this month.  As we begin these discussions, let us know what you want to hear about.  Your input is important as we build a successful Detroit Institute.  We want to include as many ideas as possible into our programming.

We have begun to organize the professional development sessions for the NXT Conference in Orlando, this November.  We look forward to seeing you at these sessions and at the GAD Reception.  These opportunities to network with each other is what makes our family so dynamic!

NAR recently hosted 30 new GADs in DC for New GAD Orientation.  Welcome to these GADs and lean on your colleagues to support your work.  Take time to get to know the newest members of our group and help build them into successful GADs.  Our collective best is what makes GAD Nation so special.

Please reach out if we can help you and your association, and how we can have the most impact through professional development.

Josh

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GAD Directory
KEY DATES
November 9–14, 2022
NAR NXT Governance Meetings
November 11–14, 2022
NAR NXT, The REALTOR® Experience