Riding with the Brand in 2023, What You Need to Know, Success Stories, and More View e-mail in browser December 8, 2022 REALTOR® Party is Riding with the Brand in 2023 At the REALTOR® Party Training Conference in Philadelphia, hundreds of leaders committed to advocating for our Brand and leading efforts to Vote, Act, and Invest as we elevate our policy priorities and support REALTOR® champions at all levels of government. Read more about the REALTOR® Party’s successes this year and the course we’re charting for 2023. READ MORE What You Need to Know 2 NAR CEO Bob Goldberg joined White House officials and industry representatives on November 16 to discuss the Biden administration’s response to housing supply and affordability constraints. NAR President Kenny Parcell followed up with a letter to White House officials outlining numerous priorities to help address these ongoing challenges. This marks the second White House meeting NAR has participated in this fall to push for solutions to supply and affordability issues. READ MORE 9.2% The Federal Housing Administration (FHA) released its 2022 annual report to Congress in mid-November. NAR applauded FHA for its impressive financial performance, with substantial capital reserves that are 9.2% above what is required by Congress and 3% higher than their previous year’s reporting. Given FHA’s strong financial footing, NAR continues to advocate for a reduction in the Mortgage Insurance Premium to help buyers facing high interest rates. READ MORE 4.6% Pending home sales slid for the fifth consecutive month in October, down 4.6% from September. All four regions recorded year-over-year declines in transactions. Meanwhile, existing-home sales faded for the ninth month in a row to a seasonally adjusted annual rate of 4.43 million. Sales fell 5.9% from September and 28.4% from one year ago. READ MORE 1.6M NAR has launched a nationwide motor coach tour with coordinated stops or affiliated events planned in every U.S. state over the next year. As the association’s membership numbers approach 1.6 million, Riding with the Brand 2023 will engage REALTORS® and emphasize their opportunities to strengthen market conditions for U.S. consumers. READ MORE As we enter 2023, bookmark NAR’s Washington Report for the latest policy updates. The REALTOR® Party At Work Knoxville Area Association of REALTORS® Defeats Detrimental Zoning Proposals When severe zoning restrictions on housing development were on the table in Blount County, Tenn., the Knoxville Area Association of REALTORS® used multiple REALTOR® Party resources – Issues Mobilization, Advocacy Everywhere, and the Land Use Initiative – to stave off the threat in a major victory for the real estate industry, property owners, and aspiring homebuyers. READ More Mid Carolina Regional Association of REALTORS® Defeats Short-Term Rental Ordinance Launching a Call For Action through the REALTOR® Party’s Advocacy Everywhere program, the Mid Carolina Regional Association of REALTORS® encouraged its members and residents of Pinehurst, N.C., to oppose proposed short-term rental regulations that would have impaired the popular destination’s thriving tourist industry and weakened private property rights. READ More Longleaf Pine REALTORS® Help Defeat Zero Lot Line Moratorium When the administrators of Cumberland County, N.C., proposed an ordinance placing a moratorium on construction of zero lot line developments, the Longleaf Pine REALTORS® used the REALTOR® Party’s Advocacy Everywhere program to launch an emergency Call For Action. The robust response from REALTOR® members sent a clear message to elected officials about the damage that such a ban would do to the already dwindling dream of homeownership in the region. READ More Placemaking Project Brings the Fun to Viola, Idaho The Latah County Board of REALTORS® worked with community partners and used a Placemaking grant from the REALTOR® Party to build the town’s first playground. READ More REALTOR® Party Resources Leverage Community Outreach Grants and Resources in 2023 Transform a vacant lot into a vibrant park or gathering spot to drive economic development. Break down regulatory barriers to housing and begin building a more inclusive neighborhood. Get unfavorable ordinances reviewed to protect property owners. Community outreach grants and resources empower REALTORS®, working through their state and local REALTOR® associations, to create opportunities for a better life, community, and market. Applications open January 3. Need inspiration? Search success stories or sign up for a one-on-one grant planning meeting. LEARN MORE New Video: NAR Advocates for Commercial Real Estate Over the last few years, the work of NAR’s advocacy team and the REALTOR® Party has been crucial to keeping the commercial real estate industry running. Check out this new video to learn more from commercial real estate leaders about how these vital efforts have helped their businesses. LEARN MORE You’re Invited: Transforming Neighborhoods Information Webinar Does your community need help with a real estate challenge? Join us on Wednesday, January 24, 2-3 pm ET, to learn more about how NAR’s partnership with the Counselors of Real Estate (CRE) Consulting Corps can help state and local REALTOR® associations address commercial disinvestment, housing gaps, brownfield reuse, natural disaster response, and other issues. The session will provide an overview of the program and application process, as well as insights from past participants and Q&A. Register online. Questions? Contact Christine Windle, 202-383-1135, or Samantha DeKoven, 312-329-8431. LEARN MORE Apply for a REALTOR® Party Conference Grant State and Local REALTOR® associations can apply for a grant to host their own REALTOR® Party Conference to educate members and further the mission of the REALTOR® Party. Associations may qualify to receive funding to aid in hosting an educational or fundraising conference. Questions? Review the details and application or contact Christine Windle, 202-383-1135. LEARN MORE Updated: Advocacy Resource Guide The Advocacy Resource Guide –Vote, Act, and Invest, REALTOR® Party – includes resources and tools that can help associations reach their advocacy goals and meet Core Standards requirements. State and local REALTOR® association staff can request printed copies for events and conferences by contacting Ted Wright. Requests for printed guides must be submitted two weeks prior to the event. LEARN MORE Don’t Let Hidden Biases Hamper Your Business Relationships REALTORS® are committed to abiding by fair housing laws and the Code of Ethics. But sometimes our brains take shortcuts that can lead us astray. Bias Override: Overcoming Barriers to Fair Housing teaches you tactics to interrupt stereotypical thinking, so you can provide equal service to every client. Find a course near you today. LEARN MORE REALTOR® Store Winter Sale is Here: Get 20% Off! Stock up on business-boosting resources to help you close out the year. Get 20% off select products during the Winter Sale at your REALTOR® Store December 5-16! LEARN MORE

Send us examples of how your association put NAR’s REALTOR® Party resources to work to implement a successful advocacy or community outreach program. Email your stories to: realtorparty@nar.realtor. See more than 300 stories documenting how REALTOR® associations around the country put REALTOR® Party Resources to work at the REALTOR® Party Success Stories page. This newsletter replaces the NAR Weekly Report for this week and the second week of every month. The REALTOR® Party News will publish next on January 12, 2023. If you missed a previous edition check out the REALTOR® Party News Archive. Headquarters: 430 North Michigan Avenue, Chicago, IL 60611 DC Office: 500 New Jersey Avenue, NW, Washington, DC 20001-2020 | 1-800-874-6500