The Dayton Area Board of REALTORS® is a member and consumer advocate for housing issues in the Dayton area. We regularly meet with city leaders, township trustees, and other government officials to discuss home ownership opportunities, counsel them on property issues, and support their pro-housing initiatives.
Local Government News
Through February and March, DABR was busy on a number of fronts. Economic development, state issues, and raising dollars were but a few of our priorities. Highlights include:
- A date for the annual Dayton Area REALTORS® Political Action Committee (DARPAC) Auction was set for May 3rd. More details on venue and time will be released shortly.
- DABR’s Young Professionals Network successfully raised $1,300 for DARPAC at their chili cook-off.
- The Department of Administrative Services Director Robert Blair came to DABR on behalf of Governor Kasich to discuss the Governor’s budget proposal with our Board of Directors and Government Affairs committee. Mr. Blair was the first of many prominent speakers that DABR plans to bring here to speak with members on issues that are important to our industry. We welcome your attendance at future meetings, so keep an eye out for upcoming events.
- NAR’s Lisa Calarco met with representatives from the Cincinnati and Dayton boards to discuss the structure and strategic direction of the newly-formed Southern Ohio Global Alliance (SOGA). This initiative is already making waves, as SOGA became the first real estate association in the nation to be invited to Select USA, an exclusive conference for site selectors around the world.
REALTORS® are the most-engaged citizens in the community, so we encourage you to share any real estate issues in your town with us. May elections are approaching, so the Government Affairs committee will be reviewing tax levies throughout the area and evaluating where we must engage. Your input is appreciated.
Ohio News
The Ohio Association of REALTORS® works diligently to promote real estate issues at the Statehouse, and they provide a comprehensive update of what is happening in Columbus. Read their “Statehouse: Week in Review”: Read more
WE NEED YOUR HELP! – OAR Call for Action.
Earlier this month Gov. John Kasich unveiled his Fiscal Years ’18-’19 Ohio budget. In an ongoing effort to reform the state’s tax policies and make Ohio a more attractive place to do business the Governor has proposed a positive change to our municipal income tax collection system. It takes a minute to put your name on the list to our state leaders to protect your business. Click Here
Be ready for Ohio’s new license law when it goes into effect on April 6!
On April 6, Ohio House Bill 532 becomes effective. The main purpose of this legislation was to implement the recommendations of the Ohio License Structure Review Task Force that was appointed by the Ohio Real Estate Commission. In addition, HB 532 also provides a clear framework for licensees when representing more than one buyer on the same property and permits pre-licensing courses to be taken on-line. Read more
National News
The National Association of REALTORS® recently released their political advocacy agenda for 2017. NAR will concentrate of items related to investment tax policies, credit and lending, insurance, residential real estate finance, business operations, and commercial issues. Read more
NAR Supports Sanford/Sherman G-fee Bill
On February 22, 2017, NAR along with several housing and mortgage industry trade groups sent a letter thanking Reps. Sanford (R-SC) and Sherman (D-CA) for reintroducing H.R. 916, the “Risk Management and Homeowner Stability Act.” The legislation would amend the Congressional Budget and Impoundment Control Act of 1974 to prohibit the use of Fannie Mae and Freddie Mac’s guarantee fees (g-fees) to pay for government spending. Moreover, the bipartisan bill recognizes that diverting revenue from these risk-based fees both places an additional burden on the backs of homeowners and is bad public policy.
The purpose of the G-fee is to prospectively guard against credit losses at Fannie Mae and Freddie Mac. G-fees should only be used to protect taxpayers from mortgage. Each time G-fees are extended, increased and diverted for unrelated spending, homeowners are charged more for their mortgages and taxpayers are exposed to additional risk for the long-term.
