RAPAC is the acronym of the the REALTORS® of Arizona Political Action Committee (RAPAC), a member-sponsored effort organized to financially support candidates running for local, state and federal office whose position on real estate regulation and a free-market business environment most closely represents the initiatives of the Arizona REALTORS®. RAPAC contributes to and channels resources into races that will have the most impact on the real estate industry. RAPAC is a voluntary, non-profit political action committee and operates independently of any political party.
RAPAC is a vital part of the Arizona REALTORS® Government Affairs program — a program that includes professional lobbying, legislative analysis, grassroots contacts, and long-term political relationships. RAPAC, through efforts of the state and local associations and council strives to educate city council members, legislators and members of congress about our industry and guarantees that no decision is made that will affect our industry, good or bad, until the REALTOR® voice is heard.
RPAC, is the acronym for REALTORS® Political Action Committee and is a voluntary program that provides the “hard” dollars the association uses to make direct contributions to national, state and local candidates.
Launched in 1969 as the Real Estate Political Education Committee (REPEC), RPAC supports candidates of any party who understand and champion real estate issues. It is the most bipartisan major PAC in the country. Political expenditures are divided nearly evenly among Republicans and Democrats based on their support of real estate issues. In 1974, NAR changed REPEC’s name to RPAC.
In 2015, NAR created the Corporate Ally Program to provide our extended real estate family—namely Multiple Listing Services and their business partners and advisors, real estate brokerages, NAR business affiliates and vendors and Institutes, Societies and Councils—with the flexibility of investing their corporate dollars to support the REALTOR® Party issues and/or candidate programs.
Stay in Compliance
All REALTOR® members are required to complete ethics training once every three years. New SVVAR REALTOR® members must complete the National Association of REALTORS® New Member Code of Ethics course within 60 days of joining.
How to Take the Online Course
- Go to nar.realtor
- Click on Education, then on Code of Ethics training
- Once on this page, click on Code of Ethics Course for New Members and either enter your first and last name or your NRDS ID.
- If you are an existing member and need to complete your Code of Ethics Course, click on Code of Ethics Course for Existing Members.
This course is free through NAR, available 24/7 and will take approximately 2 to 2.5 hours to complete. There is a Pass/Fail test at the end of the course.
Once completed, please email your certificate to email@example.com.
Code of Ethics Training Cycles
Training must be completed at anytime during these established cycles. Cycle 7 is January 1, 2022 – December 31, 2024. Cycle 8 will be January 1, 2025 to December 31, 2027.
Dear SVVAR Members,
I hope this message finds you well. I am reaching out to inform you about the City of Sedona’s (COS’s) Deed Restriction Program (DRP) and share our ongoing efforts and concerns related to this and the broader housing plan of the City.
On August 8th, we received flyers regarding the City of Sedona’s Deed Restriction Program from several members, initially distributed with utility bills. This was the first of several promotional efforts by the City and its Housing Department to endorse the Deed Restriction Program, a part of their extensive housing strategy.
SVVAR staff and members have been actively participating in the City’s Housing Planning meetings, articulating our concerns about the DRP, the overarching housing plan, and the Council’s endeavor to diminish tourism in the area. Our focus is on the City of Sedona, acknowledging that the repercussions of these policies might profoundly impact the neighboring communities.
The DRP, modeled after a program from another resort community, enables property owners to voluntarily impose deed restrictions, with no compensation offered by the City of Sedona. This has caused unease among our members due to the well-known fact that deed-restricted properties often experience a substantial decline in valuation (15%-20%).
The City is advertising the DRP as a means to restore the “neighborhood character,” attributing the housing issues to Short Term Rentals (STRs). However, the claim that limiting STRs will result in more affordable housing lacks empirical support, with emerging evidence contradicting this assertion.
Our research from comparable resort communities indicates that less than 3% of STRs could qualify as “affordable housing,” and that too, for individuals earning at the higher end of the average median income.
We are focusing on leveraging various NAR resources to enhance our comprehension of our region and formulate recommendations to address our housing challenges. We are also initiating conversations with local interest groups to forge a broader coalition to communicate our concerns and the unmet needs we perceive are being overlooked by our elected officials.
If you have insights, questions, or require clarification on this information or related topics, please contact SVVAR CEO Lauren DePoe at firstname.lastname@example.org or our Government Affairs Director Jack Greacen Founder & CEO – AEG Policy Advisors 202-505-3931 email@example.com www.aegpa.com
Thank you for your time and consideration!