The Five Ws of RAPAC
Posted on June 3, 2014 by AAR
“RAPAC” may be a term you’re already familiar with and understand its value to our industry. It may be a term you’ve heard mentioned at various REALTOR®-related events, but aren’t too familiar with. Or, it may be that the word RAPAC incites complete and utter bewilderment for you. If you fall into the latter category, read on. This is the: who, what, where, when and why of RAPAC.
Let’s first begin with a brief introduction. RAPAC stands for the REALTORS® of Arizona Political Action Committee. Today, virtually every special interest group in America has a PAC, and the REALTORS® of Arizona are no different. RAPAC is a nonprofit, unincorporated group that allows REALTOR® members to collectively and effectively participate in political affairs. RAPAC is not affiliated with a political party and is non-partisan in its support of candidates. Simply put, RAPAC is the best way to protect your business. Now let’s dive in.
Who supports RAPAC?
RAPAC is made up of voluntary investments from REALTOR® members all across the state.
What does investing in RAPAC do for me?
Your investment in RAPAC safeguards your business and our industry as a whole. Arizona real estate faces many issues that need support from pro-business/pro-real estate lawmakers. These issues range from HOA reform, water rights, property taxes and preserving the rights of property owners to name a few. Here are some recent legislative wins that could not have happened without AAR members’ investment in RAPAC.
Where does my investment in RAPAC go?
Your investment in RAPAC goes towards educating Arizona lawmakers on the issues that keep you up at night. Through your RAPAC dollars, AAR can support pro-real estate lawmakers and guarantee that no decision is made that will affect our industry, good or bad, until our voice is heard.
Investments can be made to your local association, directly to the Arizona Association of REALTORS®, and to the National Association of REALTORS®. The only acceptable way to contribute to RAPAC is by money drawn from personal funds.
When should I invest?
RAPAC investments are accepted at any time throughout the year. We do understand that for some contributing money to any sort of cause may not always be in your budget. One time to consider contributing is right after you’ve had a successful close. Or have one less Starbucks a week and at the end of the month you’ll have enough money set aside to contribute. Even a minimum donation of $30 per member, per year can do so much. When all things are considered, $30 is a small investment for such a large return – protecting your business!
Most importantly, why should you invest in RAPAC?
The Arizona Association of REALTORS® and RAPAC want to help you make more money, keep more of what you make, reduce your liability and protect you from any undue burdens that will affect your business. Investing in RAPAC means protecting your professional rights.
In order to affect legislation, we must be proactive and support the best. With your minimum contribution of $30, we can raise thousands of dollars to be stronger than ever!
Contributions to RAPAC are voluntary and are used for political purposes. You may refuse to contribute without reprisal or otherwise affecting your membership rights. Seventy percent of each contribution will be sent to Arizona PAC for state and local activities. Contributions to National RPAC are charged against your limits under 2 U.S.C 441a. Contributions are not deductible for Federal income tax purposes.