Realtors Help With More Than You Think
Written by Steve Stovall
So, I told you that a Realtor is a member of the National, State and local Association of Realtors.
And I told you that it’s pronounced Real-tor, not Real-a-tur, Real-a-dur, or Weal-to. But now, you might ask, “So What? Y’all just sell houses right?”
More Than a House Seller
Well, that would be a NO. As Realtors, in addition to helping buyers buy and sellers sell, many of us are active in the political process to help pass good legislation and elect representatives who will protect private property rights and keep property taxes low. You may not realize it, but Realtors were the driving force in passing the latest constitutional amendment – Prop 1 – which forever bans a transfer fee on the sale of real estate in Texas AND increases your homestead exemption. The passage of Prop 1 was a huge deal. (In my best Donald Trump voice… HUUUUUGE!)
I just came back from Austin where I met with our TREPAC committee. TREPAC stands for Texas Real Estate Political Action Committee. Yes, it’s a PAC. I can’t speak for all PACs, but I can tell you what I know about working with ours. Elected officials can’t know everything about every industry. They need experts to help them understand all of the nuances and implications of the bills that are before them. Realtors voluntarily invest in the PAC and our staff at the Texas Association of Realtors reads every single bill that is being proposed to check for any impact on real estate.
Realtors Work For You
So, in addition to helping buyers buy and sellers sell, we are their voice. In fact, the Realtors are the ONLY group that does what we do. We are absolutely the best at it, no one has been or ever will be better at it… oh, sorry. More Donald Trump. Anyway, we don’t just give our money, we give our time. We talk to our elected officials and go see them in Austin and Washington, and work with them to come up with solutions that will benefit all property owners.
Another way we are working for you to keep your taxes low is to inform YOU about hidden taxes. While municipalities may lower their tax RATES, your taxes can still go up because the value of your property has increased. If school boards and municipalities need more money, that’s fine, but let’s be honest. Don’t tell us that the rate is going down if your bottom line is going up! Check out our new website www.thehiddenpropertytax.com for a full explanation of how this works.
Legislators are always looking for additional revenue. Because of TREPAC, we have a seat at the table, and as the headline says, “If you’re not at the table, you’re on the menu.”
To read our previous blog, click here.