What is RPAC?
RPAC is the collective voice and muscle of the REALTOR® organization. RPAC helps elect candidates at the local, state and national levels who will work with us to better the profession and industry. And, if necessary, RPAC helps defeat candidates who have demonstrated an unwillingness to listen to the REALTOR® point of view and/or who have worked to pass unreasonable legislation and policy.
How does it work?
RPAC is mainly governed by federal law and policies set by the National RPAC Trustees and/or the National Association of REALTORS® (NAR) Board of Directors. Contributions to state-level candidates are determined by the Indiana RPAC Trustees; contributions to local candidates are determined by your local REALTOR® board/association, with which you should check for a list of Trustees. Click here for a copy of the Indiana RPAC policies.
Where does my money go?
The short answer: One-hundred percent (100%) of your contribution is used to elect pro-REALTOR® candidates, regardless of political party. Seventy percent (70%) remains in the state to be used in state and local elections. Thirty percent (30%) is forwarded to the National RPAC to fund key U.S. House and Senate races.
The long answer: The dollar goal of the National RPAC, set by the National Trustees, is $15 per year per NAR member. This goal is called a "fair share." To ensure that all states contribute their fair share to RPAC, a states' annual goal is determined by the number of members in that state based on the October 31st membership report. The 2013 fundraising year ends Saturday, October 12th.
Until Indiana reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after the Indiana RPAC reaches its goal, it may elect to retain your entire contribution for use in supporting state and local candidates.
“Plain and simple, RPAC gives us the ears of the legislators. It's the opportunity to have our voice heard and to affect not only our future but the future of our clients. Every association member should give to RPAC to protect our industry and our livelihood. RPAC works, and works well! ”
- Bob Coffee, Fort Wayne
2009 Indiana RPAC Fundraising Chair
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“ Some view contributing to RPAC as a burden. I prefer to think of it as an opportunity to invest in my career. We demonstrated a couple of years ago that every REALTOR® member receives the equivalent of $7,900 in direct economic benefit from our collective RPAC efforts. These come in the form of increased commissions because of higher loan limits, better tax breaks, and decreased regulatory impact. When you combine these economic benefits with things like access to disaster insurance and other REALTOR®-friendly public policy initiatives being pursued in Congress at this very minute, you quickly realize the importance of getting the "right" people in the "REALTOR® Party." My "Sterling R" contribution every year pays me the equivalent of an 800% dividend. Where else can you get that kind of return?”
- Larry G. Vaughn, Indianapolis
2008 Indiana Association of REALTORS® President
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“ If I had to summarize RPAC into one word it would be "security". I know the monies we give to RPAC go to support legislators and legislation that will "secure" not only homeownership and property rights for all but also the livelihood of REALTORS®.”
- Christine Schaefer, Fort Wayne
Indiana RPAC Trustee
See RPAC Contributors
RPAC Savings Formula
Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may refuse to contribute without reprisal and the National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your state PAC reaches its RPAC goal 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.