The REALTORS® Political Action Committee (RPAC) is the nation’s largest, most successful, and most bipartisan political action committee. Your voluntary investment is used to improve your bottom line in several ways: Through issues mobilization, political advocacy, and by directly supporting candidates at the local, state, and federal levels of government who champion the ideals and principles of REALTORS®. RPAC is your best investment in real estate!
What’s in it for you?
RPAC provides you with the opportunity to have a collective impact on the election of officials who will shape legislation that affects your livelihood and the way real estate professionals do business.
Where does your RPAC investment go?
Of every dollar you invest, 35 cents stays with Atlanta RPAC to support local candidates and issues in the greater metro area. Another 35 cents is used by Georgia RPAC in state races. The remaining 30 cents goes to National RPAC to help elect a REALTOR®-friendly Congress.
How does your RPAC investment pay off?
Your RPAC investment pays off with every political victory:
- State and federal tax credits for first-time and repeat homebuyers helped over 1.8 million people buy a home, increasing average REALTOR® commission income by more than $6,200.
- Raising the conforming mortgage loan limits for Fannie Mae and Freddie Mac increased the earnings of the typical REALTOR® by $6,250.
- Preserving the Mortgage Interest Deduction in Congress protects annual commission income for the average REALTOR® of over $3,750.
- Preventing cities and counties in Georgia from charging individual agents a business license fee saves you about $200 per jurisdiction in which you do business each year.
- Permanently prohibiting banking conglomerates from providing real estate brokerage and property management services saves the average REALTOR® $5,400 annually.
- Blocking a 6% state sales tax on real estate commissions saved the average member $2,100 every year.
- Lenders were slashing short sales commissions below the amount agreed to by the real estate broker and seller, but thanks to RPAC, Fannie Mae and Freddie Mac are now banned from renegotiating commissions for short sales.
- RPAC saves the typical REALTOR® over $20,000 each year.
Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may refuse to contribute without reprisal and the National Association of REALTORS®, the Georgia Association of REALTORS®, the Atlanta Board of REALTORS®, or the Atlanta Commercial Board of REALTORS® will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by GARPAC and ARPAC to support state and local candidates. Until GARPAC reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after GARPAC reaches its RPAC goal, it may elect to retain your entire contribution for use in supporting state and local candidates.