BrokerageIndustry News

Realtors have money, masses

Part 3: Politics and real estate

Editor's note: Since the Homestead Act more than 150 years ago, politics, policy and real estate have gone hand in hand. Today, politics and policy are even more central to a vibrant and functioning real estate market. In this special four-part series of stories during an election year, Inman News looks at the relationship between politics and real estate. (See Part 1: Democrats, Libertarians make inroads in housing; Part 2: Housing's public policy agenda; and Part 4: People, money, issues drive housing's political agenda.) The National Association of Realtors is winning by the numbers. With more than 1 million members, the association is a well-oiled machine when it comes to grassroots political fund raising and lobbying. The Realtors Political Action Committee is the largest PAC in the nation, and the association is ranked second in terms of overall political donations since 1989 with $24 million in donations. The American Federation of State, County and Municipal Employees is rank...

Comments