realestate

Real Estate Professionals Shape Capitol Hill Policy Decisions

Real estate industry advocates connect with Congress to discuss tax reform and promote interests.

T
housands of real estate professionals converged on Capitol Hill for one-on-one meetings with lawmakers to discuss critical issues affecting the industry. The National Association of REALTORS' Legislative Meetings, held in Washington, D.C., saw NAR members hold over 500 meetings with House and Senate members, representing a staggering 95% of all Congress members.

    This week's events marked a pivotal moment as Congress moves forward on tax reform. "Our voices being heard ensures that the American dream remains within reach for all," said Shannon McGahn, NAR executive vice president and chief advocacy officer. The association had already connected with every newly elected lawmaker earlier this year, logging 593 meetings since the start of the 119th Congress.

    The Bipartisan Congressional Real Estate Caucus has been revived, now boasting 90 members, including Reps. Mark Alford (R-Mo.), Brittany Pettersen (D-Colo.), Tracey Mann (R-Kan.), and Lou Correa (D-Calif.). NAR lobbyists and federal political coordinators have also met with the chair and ranking member of every Congressional Committee and key committee members.

    Discussions on Capitol Hill centered around the One Big Beautiful Bill Act's potential impact on the real estate industry, increasing housing supply through supportive policies, and addressing capital gains taxes via the More Homes on the Market Act.

Real estate professionals meeting with lawmakers on Capitol Hill in Washington D.C.