Central Texas Weekly Update
Tuesday, January 24, 2017
Written By: Elizabeth Schneider
Do you have what it takes?
You know how to market property and win listings, but do you know how to market a political campaign and win an election? As a Texas REALTOR®, your strong negotiating skills and community involvement make you an ideal candidate for elected office, and TAR can help make that happen.
The Texas REALTOR® Candidate Academy is a day-long introductory course on how to run a modern political campaign.
The next Candidate Academy is Feb. 23 at the Texas Association of REALTORS® headquarters in Austin. Limited seats are available. Visit texasrealestate.com/academy to sign up.
Where we stand
Through bipartisan efforts, the Texas Association of REALTORS® works tirelessly on a variety of important issues, including taxes, infrastructure, insurance, and property rights. View our Legislative Priorities for the 85th Legislature to learn TAR’s positions on several real estate-related issues.
An $8 billion budget difference
The Texas Senate and House released their proposed budgets last week. (The two chambers alternate which leads the budget discussion—it’s the Senate this session.)
The House’s proposed budget is $7.9 billion more than the Senate’s ($221.3 billion vs. $213.4 billion) … and much more than Comptroller Glenn Hegar’s Biennial Revenue Estimate of $104.9 billion.
NAR working to reinstate FHA fee cut
You may have heard about the U.S. Department of Housing and Urban Development reversing a fee cut on Friday that would have saved homebuyers an average of $500 per year on their private mortgage insurance premiums. We expect the National Association of REALTORS® to continue working with Congress and the new administration to provide relief to homebuyers. Read more on realtor.org.
Wrap up Winter Meeting with a little sand in your toes
Click here to register for the 2017 Texas REALTORS® Winter Meeting and be sure to include the Volley for TREPAC volleyball tournament in your registration. Download and share the Volley for TREPAC flier to help promote this fun event.
Act before open enrollment ends
If you don't have health care coverage for 2017, January 31 is the last day of open enrollment. If you don't have a plan, you risk a tax penalty of up to 2.5% of your income. REALTORS® Insurance Marketplace, a REALTOR Benefits® Program partner, can help. For more information, click here.
About the Author:I joined the Texas Association of REALTORS as the Central Texas Field Representative in March of 2007.