RPAC Fast Facts

Why should all REALTORS® invest in RPAC? RPAC is the only professional organization that safeguards REALTOR® interests by supporting and educating lawmakers who defend the real estate industry RPAC is the strongest tool in the REALTOR® arsenal to defend our legislative agenda The REALTOR® voice in the halls of government cannot be heard without your continued support of RPAC There is no better way to protect your business than to invest in RPAC 2

RPAC Fast Facts How has RPAC benefited REALTORS®? RPAC played a role in ENACTING Pro-REALTOR laws: 2% Property Tax Cap STAR Property Tax Relief Prohibition on Private Transfer Fees Ban on Sex Offenders from RE Licensure Streamline process to change Brokerages Federal Homebuyer Tax Credits National Flood Insurance Program – 5 year extender Mortgage Cancellation Relief – 1 year extender 3

RPAC Fast Facts How has RPAC benefited REALTORS®? RPAC played a role in DEFEATING anti-REALTOR® proposals to: Limit REALTOR® scope of practice to home county Require Broker verification of zoning compliance Prohibit Broker prepared contracts Increase statewide closing cost Require license number to appear on every signed document Mandate 20% down payments Reduce or eliminate the Mortgage Interest Deduction or Property Tax Deduction 4

RPAC Fast Facts RPAC still needs your investments to remain a powerful voice on the following REALTOR® priorities: Supporting property tax relief through mandate relief Supporting a New York State Homebuyer Tax Credit Supporting improvements to the application process for Co-ops Supporting registration of Appraisal Management Companies Opposing increases to NY’s high closing costs Opposing further wetlands oversight Opposing reductions to the Mortgage Interest Deduction or Property Tax deduction

RPAC Fast Facts Your future in real estate is directly tied to the power of RPAC! Investing in RPAC is simple: Invest with the click of a button through NYSAR.com. Send a $20 check, made out to RPAC, to: NYSAR, 130 Washington Avenue, Albany, NY Call NYSAR’s Government Affairs department to invest in RPAC over the phone x238. 6

RPAC Fast Facts The most up to date information on RPAC and NYSAR’s legislative program, may be found: Website: Facebook: facebook.com/rpacofny Monthly RPAC Update RPAC flyers & video Webinars NYS Realtor Magazine 7

Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS, the New York State Association of REALTORS or any of its local boards or associations will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your NYSAR PAC reaches its PAC goal 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after NYSAR PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates