Third Compliance Cycle

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Presentation transcript:

Third Compliance Cycle Core Standards Third Compliance Cycle

Procedural Changes Annual Deadline Date Appeal Hearing Process Core Standards is transitioning to a calendar year compliance cycle Appeal Hearing Process The appeal hearing processes have been amended to reflect the new calendar year compliance cycle. Financial Grants for mergers Merger grant extended to the first 25 merged associations

Advocacy Changes VOTE- Associations must now support the REALTOR Party, “Vote, Act, Invest” goals. How? Completing two initiatives or activities supporting each of these three goals. Examples- (more available on the compliance tool) VOTE- Conducted a candidate independent expenditure campaign Requested and used candidate or issue polling and/or research Conducted an issue mobilization campaign Created a customized, targeted step-up advocacy campaign activity Conducted a REALTOR® voter registration activity

Advocacy Changes Examples- (more available on the compliance tool) ACT- Hosted a candidate debate Hosted a lobby day at local or state government offices Distributed “On Common Ground” magazine to public officials Created or implemented a Call For Action on an legislative or regulatory issue Participated in community planning Conducted a Leading with Diversity workshop for association leaders

Advocacy Changes INVEST- Examples- (more available on the compliance tool) INVEST- Hosted a fundraiser benefitting a candidate/REALTOR® Champion Hosted an RPAC phone bank Hosted an RPAC Major Investor Fundraising Event Hosted an RPAC Fundraising Event (REALTOR Party Partnership Grants available)

Consumer outreaches changes Demonstrate engagement in … Being the “Voice for Real Estate” (two) Association involvement or engagement in the community (two)

Unification efforts Annually certify strategic plan Annually offer, promote or provide access to one Professional Development opportunity Conduct or promote a REALTOR® Safety activity. Professional development required for elected leaders. Performance reviews for State and Local Chief Paid Staff

Financial solvency Association revenues generated from MLS operations must be included in the $50,000 gross revenue threshold that determines if an association is eligible to obtain an annual CPA compilation report, in lieu of audit or review.

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