NAR continues to influence the conversation on housing policy.

Just this past week, NAR representatives joined a congressional panel to discuss solutions for housing affordability, emphasizing the role REALTORS® play in creating accessible housing markets and supporting communities. NAR highlighted how policy decisions impact housing supply, homeownership opportunities, and the ability of REALTORS® to serve their clients effectively. Read more: NAR Panel on Housing Affordability

Wins for REALTORS® in This Year’s Tax Reform Bill

Real Estate won big in the passage of this summer’s tax reform bill. Even before the passage of that bill, in tax-reform and other recent major legislation, NAR's advocacy beat back the “Ugly Eleven” tax hikes, which could have devastated the real estate sector and the overall economy, saving Americans an estimated $2.3 trillion over 10 years. This summer, NAR advocacy secured provisions in this the tax bill which results in more take-home income, stronger housing demand, and new opportunities to grow your business.

• Lower Tax Rates Locked In – Brokers keep more of their commission income.
• 199A Deduction Protected – Pass-through small business brokers keep their tax break.
• SALT Deduction Cap Raised – Helps brokers in high-tax states sell more homes.
• Mortgage Interest Deduction Preserved – Keeps clients motivated to buy, boosting transactions.
• 1031 Exchanges Preserved – Protects a key tool for investment deals brokers rely on.
• Affordable Housing Credits Expanded – More inventory means more opportunities to sell.
• Child Tax Credit Increased – Puts more money in clients’ pockets for housing costs.
• Estate Tax Threshold Raised – Protects clients’ ability to pass down property wealth.
• Opportunity Zones Enhanced – Opens new markets for brokers to grow business.