When the federal government closes for business, there’s a ripple effect in the real estate economy. From the National Flood Insurance Program (NFIP) to rental assistance to federal permitting to FHA condo approvals, many of the processes buyers and sellers depend on come to a halt. As always, NAR Advocacy is prepared for the situation! Shannon and Patrick break down what this shutdown means for REALTORS® and give an insider’s perspective into the history of government shutdowns.

Buying or selling a home is one of the most highly regulated transactions in a person’s life. In this episode, Shannon and Patrick unpack the complex world of real estate regulations - exploring what they mean for NAR members, how they affect consumers and the role NAR’s advocacy team plays in shaping them. Wherever you practice real estate, chances are the National Association of REALTORS®, along with your state and local associations, has influenced how your state’s real estate regulations are put into practice.

Tax reform is done, so what’s next for NAR’s advocacy team as we head into the second half of the year? Shannon and Patrick explain what the policy team is doing to ensure NAR’s tax provisions are implemented effectively. They also detail how NAR is working with Congress and the Administration to tackle inventory shortages and affordability. And, there’s so much happening at the state and local level… Did you know more than two-thirds of NAR’s advocacy work happens outside the beltway?