Silicon Valley Association of Realtors® Political Action CommitteeThe Silicon Valley Association of Realtors® Political Action Committee (SILVAR PAC) tracks local political issues and provides financial campaign support for local candidates and issues within the SILVAR territory. They administer the Political Survival funds that are provided by the SILVAR membership. SILVAR PAC is non-partisan, therefore they support candidates and issues that are good for real estate, regardless of political party. SILVAR PAC consists of up to 15 Trustees appointed by the SILVAR Board of Directors. In addition, there are ex-officio members who provide advice and support for the PAC. SILVAR PAC Mission Statement "To help protect, preserve and further good government and foster a political environment which will strengthen the rights of homeowners and Realtors®' ability to deliver excellent service to clients without unnecessary regulation or increased consumer costs." REALTOR® Action Fund- Fighting For Our ProfessionDid you know that over 30% of all proposed legislation introduced in Sacramento each year impacts Realtors®? That amounts to over one thousand bills each year, most of which affect Realtors® liability. Last year, C.A.R.'s legislative advocacy saved each Realtor® over $13,000. At the local level, there are many issues that directly affect Realtors® and their clients, including zoning rules, tree ordinances, sign laws, and business license fees. As a result of Realtor support in 2005, SILVAR stopped a 20 percent tax on real estate commissions in Atherton, blocked an unfair business license tax in Cupertino, defeated discriminatory anti-Realtor zoning in Menlo Park, organized and helped fund the campaign to defeat three anti-growth initiatives in Cupertino, stepped up to the plate to protect the mortgage interest deduction, and much more. In 2006, we must continue our efforts to block the unfair application of business license taxes on real estate agents, protect the mortgage interest deduction, keep banks out of real estate, defend the MLS system from an unwise Justice Department lawsuit, and stay on top of many state and local issues. Member contributions to the REALTOR Action fund are critical to the political advocacy necessary to defend the interests of Realtors, homeowners and property rights locally, in Sacramento, and in Washington, D.C. Levels of REALTOR® Political ParticipationThere are many levels of participation available for Realtors® to contribute to the REALTOR® Action Fund. There is the "True Cost of Doing Business" as well as higher levels of political participation. Whether you're a new Realtor® or a seasoned professional, there is a level of political participation for you. "The True Cost of Doing Business"$197 the Realtor® Action Fund Most Realtors® contribute to "The Realtor® Action Fund" at the same time they pay their membership dues. This contribution is divided between local, State, and Federal candidate and issue Political Action Committees. Higher Levels of Participation |