Industry News

Realtors storm Capitol Hill

Urge healthcare for small businesses, keeping banks out of real estate

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A record 10,000 Realtors have convened in Washington, D.C., this week to meet with their congressional delegation to discuss top concerns for the real estate industry during the National Association of Realtors' Midyear Legislative Meetings & Trade Expo that runs through Saturday. The key points Realtors are raising: Congress should provide an equal playing field for small-business people to buy health insurance; keep banks out of commerce and the real estate brokerage business; and continue federal tax policies that support home ownership. Last week, the Senate failed to pass a procedural vote to debate legislation passed by the Health, Education, Labor and Pensions Committee that would allow self-employed workers and small-business employees such as Realtors to band together through a trade or professional association to negotiate lower health insurance costs. That legislation would give small businesses access to the same quality group insurance plans currently available to un...