With the launch of Real Estate Institute (REI) this week, real estate brokers will be able to access the data, which can help them better understand their clients and offer them better advice.
The Real Estate Association (REA) has long been one of the most active lobbying groups in Washington, D.C., and its members have been lobbying Congress to keep the mortgage interest deduction from being taken away.
REA President and CEO Peter J. Gresko says they’ve also been trying to help the real estate industry, specifically the small home builders, build the necessary connections to the government to make sure it stays in place.
“We want to encourage all of our members to be involved in the process to make real estate the safest and most accessible option to homeowners in America,” he said in a statement.
“We have worked with many of the largest home builders in the country, as well as with some of the state and local governments, to help them build strong relationships with the government and Congress to make the mortgage insurance and other protections for their customers a reality.”
In the past, the REA has worked closely with Congress and other federal agencies to ensure that the mortgage deduction is preserved.
It has also lobbied against the elimination of the home mortgage interest deductions, as it is an income-driven deduction, and has lobbied to keep them intact.
It’s a job that requires a lot of time and resources.
And it’s an opportunity that REA is taking advantage of, said Kevin Folta, vice president of public policy for the REI.
“The real estate lobby has always been a great partner to the REAs, and we are really looking forward to working with them to ensure real estate remains the safest, most accessible, and most flexible asset class for homebuyers in the United States,” he added.REI has also been instrumental in lobbying Congress and the White House, but the realtor association is now also looking to expand their influence.
The REA says it will be using a new online tool called the Real Estate Investor, which allows people to submit real estate information and request real estate recommendations.
It will also be able access real estate data in the next few weeks, allowing them to conduct research on their clients’ needs.
The realtor’s association says they will be working with the realtors association to provide a platform for real estate professionals to submit their real estate insights, recommendations, and other information to the organization.
“We are excited about the opportunity to share our expertise and best practices in a way that enables consumers to make better, more informed decisions about their investment properties,” Greske said in the statement.
REA has also partnered with The Real Estate Council of New York, the national organization for realtORS, to host an online forum to provide real estate agents with tips on finding the best home for their clients.
The group is hosting a panel discussion on real estate in the coming days, and a panel will be taking questions from interested realtOR members.
The panelists will include realtoring industry veterans like Peter Duester, founder of the realty consulting firm Duesler and Associates.
According to the Real estate Institute, there are currently nearly 1.5 million homes and apartments in the U.S. that are being sold at a profit.
That’s a huge chunk of inventory that could potentially be put to better use.