Press Release: REALTORS® From Akron and Cleveland Converge on Nation’s Capital

U.S. Capitol

Broadview Heights, Ohio (May 7, 2016) – Realtors® and leaders from the Akron Cleveland Association of REALTORS® took to Capitol Hill last week to meet with their elected officials as part of the 2016 REALTOR® Legislative Meetings & Trade Expo in Washington, D.C.

Nearly 15 individuals from across Cuyahoga and Summit Counties took part in the event, which offered an opportunity for senators, representatives and their staff to learn more about important issues facing homeowners and the real estate market and industry.

The Akron Cleveland Association of REALTORS® took an active role in the meetings, sitting down with Reps Marcy Kaptur (D), Tim Ryan (D), Jim Renacci (R) and David Joyce (R) as well as Senators Portman (R) and Brown (D) to discuss real estate issues in the community, as well as challenges and opportunities for homeownership.

“Realtors® know that the work we do is important to strengthening Northeast Ohio, and the REALTORS® Legislative Meetings offered a chance to take that message straight to decision-makers on Capitol Hill,” said Stephen Merkle, President. “It’s important for elected officials to hear directly from the people they represent, and we’re thankful to Kaptur, Ryan, Renacci, Joyce, Portman and Brown for taking time to learn more about our industry and the people we serve.”

At their meetings, representatives from Akron Cleveland Association of REALTORS® honed in on important residential and commercial real estate issues for homeowners and investors in Northeast Ohio protecting real estate-related tax provisions like the mortgage interest deduction and 1031 like-kind exchanges, as well as reforming current Federal Housing Administration restrictions on condominium financing.

Realtors® also urged lawmakers to consider additional steps to give responsible borrowers greater access to safe, affordable mortgage credit, whether for first-time homebuyers entering the market or established borrowers moving into a new home.

“The work of a Realtor® encompasses more than simply helping clients buy, sell or invest in properties,” said James Fox, President-Elect. “Realtors® offer expert advice to their clients during some of the biggest personal and financial events they’ll ever experience. There are real opportunities to improve the landscape for consumers, and the REALTOR® Legislative Meetings in Washington was a chance to highlight those opportunities for our representatives in office.”

National Association of Realtors® President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida, praised the Akron Cleveland Association of REALTORS® for their contribution to industry, their work to advance real estate issues, and their commitment to homeownership.

“The individual voices of our extraordinary members are critical to making sure our message is heard in Washington,” said Salomone. “Realtors® are trusted advisors to millions of homebuyers, home sellers and commercial investors across the country, and our meetings in Washington this week were a chance to create connections with lawmakers and put our expertise to work on behalf of consumers everywhere.”

About ACAR

ACARs mission is to empower its more than 5,000 members to be professional, ethical and successful by providing exceptional services and protecting real property rights for all. For more than 100 years, our association has been the voice of real estate, dedicated to the excellence and advancement of real estate professionals in Northeast Ohio in a variety of ways – from our professional development events to participation in important legislative real estate issues. For more information on ACAR, visit www.AkronClevelandRealtors.com or call 216-901-0130.

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