“Neither liberty or property is safe when the legislature is in session” Sir
Edmund Burke, 18th century political observer
The Political Survival Fund (PSF) is the real estate industry political
action committee (PAC). REALTORS® are the ones who invest and distribute the
money. The PSF gives you access to decision makers in government through
campaign contributions to candidates who understand and support REALTOR® issues
that affect our business everyday at the federal, state and local levels.
Protects private property rights. This is our business. Strong private
property rights make for a solid real estate market.
Prevented a state sales tax on your commissions. This protects your income.
Prevented a tax on the gross or net receipts of your business. You don’t
have to share your profits with the State.
Protected your liability from construction defect lawsuits. This keeps you
out of court and in the field.
Retained your right to post a for sale sign in southern Nevada. This allows
you to properly market a property.
Prevented rent control. This affects the market value of property.
Kept banks out of real estate. This helps you compete on a level playing
field and prevents you from being an employee of a bank.
Ensured that your ability to communicate with your clients continued to be
protected from onerous federal regulators. This allows you to do what you do
best – sell real estate.
Ensured open house directional signs are allowed in southern Nevada. This
allows you to properly market a property.
Protects your business from unreasonable government regulation. The way that
we do business today could change tomorrow if government laws and regulations
change.
For more information, please contact your Government Affairs
Directors: Sean Fellows at (702) 784-5000 or
SFellows@carraranv.com Kipp Cooper at (702)
784-5000 or kipp@glvar.org
- Questions about PSF
What is PSF?
PSF stands for Political Survival Fund-it literally is a fund that assists you, the REALTOR®, in raising your involvement in the political process, and allows you to concentrate on the day-to-day operation of your business.
PSF oversees REALTOR® political fundraising programs by pooling your investment and supporting candidates who share the Association's views on quality of life issues in Southern Nevada.
How does the fund work for me?
Do you have time to find out what's going on at the State Legislature, County Commission and City Council?
Do you have time to meet with elected officials, attend meetings and testify on measures impacting your profession?
Because REALTORS® contribute to campaigns, through the PSF, you get to know the people in government who make decisions that impact your business.
Why should I contribute to PSF?
Because the business of government impacts you on a daily basis.
During the legislative session several hundred bills are introduced, many of which involve real estate concerns. Locally, hundreds of ordinances are proposed and adopted that concern your livelihood.
PSF makes sure that your voice is heard.
How do I benefit from PSF? National Level
"The Big Grab"-Keeping the banking industry out of real estate
Regulations under consideration that would allow banks into the real estate business by redefining real estate brokerage and management activities as "financial in nature."
If enacted, banks would be able to own and operate real estate brokerages and property management firms.
State Issues
Real Property Transfer Tax Increase
Construction Defects
Impact Fees
Predatory Lending Practices
Local Issues
City of Las Vegas-Completely revising their sign ordinance. Specific interest in addressing open house signage.
City of Henderson-Revising their development code, working with the City to draft legislation to allow REALTORS® to display open house signs.
Political Affairs Subcommittees have been established to address municipal concerns.
PSF Investment Levels
$45 is the standard check off on your annual billing.
$100 PSF Century Club Member
$250 PSF Capital Club Member
$500 PSF Governor's Club Member
$1,000 PSF Sterling R Member
$2,500 PSF Crystal R Member
$5,000 PSF Golden R Member
Because of you, when GLVAR speaks.. the elected officials of Southern Nevada listen. REALTORS® are concerned about quality of life issues every day of the year. It's not something you put on a political brochure, or use as a slogan.. quality of life is something your association is truly striving for in Southern Nevada. The next step is yours … invest in PSF today.
