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Your RPAC Dollars Working For You

MI RPAC has saved both REALTORS® and homeowners thousands of dollars each year. From protecting private property rights, to fighting off burdensome regulation, RPAC continues to promote homeownership and real estate investment.  

 ACCOMPLISHMENTS  

 SAVINGS  

Defeated proposals to tax commission $1,700

Defeated legislation to include REALTORS under the MI Consumer Protection Act   

$2,500
Retaining the Mortgage Interest Deduction Homeowner savings: $2,376
Eliminated the MBT and 22% Surcharge Broker savings in taxation: $968 annually
Fought off costly point of sale mandates Homeowner savings: $2,500
Banned Private Transfer Fees Homeowner savings: $1,080 annually
Held off expansion of the Real Estate Transfer Tax $1,150 per transaction
Eliminated the Wall License posting requirement Broker savings: $200 annually
Preventing Banks from entering in Real estate $6,250 annually
Prevention of 10% down payment of FHA Loans $3,225
Enhancement of the Principal Residence Exemption Homeowner savings: $1,358
Defeating the Property Environmental disclosure $30+ million annually
Forgiving Mortgage Debt $606 million