What is the REALTORS® Political Action Committee (RPAC)?
RPAC is your best investment tool in protecting our industry by preserving the right to own real estate. Its mission is to identify candidates for elected office on the local, state and national levels who will work with REALTORS® to promote and protect the American Dream of home ownership. The money to accomplish this comes from voluntary contributions made by REALTORS®. Candidates that receive support from RPAC are NOT selected based on their political party or ideology, but solely on their support of real estate issues. We are the REALTOR® Party.
Contributions are not deductible for Federal income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. The Association will not favor or disadvantage anyone by reason of the amount of their contribution and you may refuse to contribute without reprisal by the Association. 60% of your contribution is used by your State RPAC to support state and local candidates. The other 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441A. 10% of your contribution will be used by the Wichita RPAC to fund advocacy campaigns and elect pro-REALTOR® candidates.
In 1969, the National Association of REALTORS® formed the Real Estate Political Action Committee to increase the political involvement and influence of its membership. REPAC was maintained and operated separately from NAR. REPAC solicited voluntary contributions from NAR members, and pooled the funds to collectively contribute to candidates running for public office.
In 1974, the REPAC was changed to the REALTORS® Political Action Committee (RPAC) and was made an unincorporated, non-profit, bipartisan standing committee for the National Association of REALTORS®. By 1979, national RPAC was the largest PAC in the United States in terms of contributions to federal candidates. By 1982, all 50 states and the District of Columbia had executed a cooperative agreement with national RPAC and had state RPACs in operation.
Today, national RPAC remains an effective legislative advocate for the real estate industry and for the interest of property ownership. Based on the 2002 and 2004 election cycles, RPAC ranked 1st in total campaign contributions to candidates among all political action committees. In addition, NAR was named the 9th most powerful interest group in Fortune magazine’s “Washington Power 25” list, which measured the power and effectiveness of 120 interest groups, labor unions, and trade associations nationwide. NAR’s success today may be attributed to grassroots strength and contributions from embers like you.
What is the REALTOR® Party?
The REALTOR® Party is about REALTORS® working together to VOTE, ACT and INVEST to protect the Dream of Home Ownership, to build vibrant communities, and to promote a strong U.S. economy.
- Vote is REALTORS® working together to protect REALTOR® interests by voting and educating voters about issues that affect property owners.
- Act is REALTORS® working together to in support of policies and regulations that promote home ownership and the real estate industry.
- Invest is REALTORS® working together to contribute to candidates who support REALTORS® and private property rights.