ACAR Joins REALTORS® and Industry Leaders to Tackle National Real Estate Issues
Several members of the Akron Cleveland Association of REALTORS® (ACAR) joined nearly 22,000 REALTORS® from across the country to meet with industry experts, lawmakers and federal officials at the 2013 REALTORS® Conference and Expo held in San Francisco, November 8-11.
“As the leading advocate for homeownership and real estate issues, REALTORS® are engaged on important legislative and regulatory issues that could impact the industry over the coming year, and we are working hard to ensure that our voices are heard on important housing and industry issues,” said Seth Task, President of ACAR. “During the week, REALTORS® advocated solutions for important issues facing home buyers, sellers and investors, such as affordable flood insurance rates, ongoing residential and commercial lending challenges, and the potential impacts of pending legislation and recent regulatory developments.”
Currently in Northeast Ohio, in addition to the previously mentioned issues, REALTORS® are concerned about lending for condominiums, low appraisals, and local ordinances that can impact private property rights such as point of sale inspections and vacant property ordinances to name a few.
This year’s conference theme, “Rise to New Heights”, encouraged REALTORS® to face current market challenges head-on and insist that policymakers keep housing first on the nation’s public policy agenda. Panelists and speakers included Federal Housing Administration Commissioner Carol Galante, Ginnie Mae President Ted Tozer, U.S. Senator Debbie Stabenow, Federal Reserve Bank of San Francisco Senior Economist John Krainer, Wells Fargo Home Loans President Mike Heid, Quicken Loans CEO Bill Emerson, Bank of America’s Home Loan Sales Executive Matt Vernon, JPMorgan Chase Mortgage Banking CEO Kevin Watters, and former FHA Commissioners Brian Montgomery and John C. Weicher.
Throughout the week, REALTORS® participated in forums, classes and workshops; the resources, information and skills they gathered there will help them positively influence their local communities and engage local leaders. Most importantly, the new knowledge gleaned by REALTORS® who attended the conference helps them more effectively serve their home buyer, seller and investor clients.
ACAR has many members serving on the NAR Board of Directors, as well as its Multicultural Real Estate Leadership Advisory Group, State and Local Issues Mobilization Support Committee, Federal Taxation Committee, Association Executives Committee, MLS Technology and Emerging Issues Advisory Board, Multiple Listing Issues and Policies Committee, Professional Standards, Real Property Valuation Committee, Professional Development Committee, Conventional Financing and Policy Committee, Federal Technology Policy Advisory Board, Land Use Property Rights & Environment Committee, the REALTOR® Party Member Involvement Committee, Member Communications Committee, Federal Financing & Housing Policy Committee (Task is incoming Vice Chair), AE YPN Work Group, and the AE Institute Advisory Board.
During the conference, Steve Brown, a REALTOR® from Dayton, Ohio, was installed as the 2014 NAR president. Brown said 2014 would be an important year for real estate.
“The time is now for REALTORS® to engage on all fronts. While the national housing market is showing signs of a durable recovery, some critical housing industry issues must be addressed before a full recovery can take place,” he said. “In 2014, REALTORS® will continue to urge lawmakers to preserve property and homeownership tax policies as they consider federal tax reform.”
Task, along with 26 other ACAR members that registered for the conference, also had the chance to explore the latest industry innovations and products that are transforming the real estate business. Nearly 400 exhibitors showcased the newest real estate products and services for the industry during the trade expo.