In times of crisis, it’s reassuring to know that you have good people in your corner. In a continuation of a series with the leadership of NAR, Brian interviews Shannon McGahn, Senior Vice President of Government Affairs for the National Association of REALTORS®. Brian and Shannon discuss how the organization is representing the interests of the real estate industry on Capitol Hill during the Coronavirus crisis. Topics discussed include how pandemic unemployment assistance can help those who need it; why cash flow is so important to real estate and how the pushback of the tax deadline to July 15 will help the industry; and how lending institutions can service small business with loans.

 

YOU WILL LEARN:

• How NAR represents REALTORS® in Washington.
• How the recent CARES Act will help the industry.
• What the next round of legislation holds.

 

MENTIONED IN THIS EPISODE:

Episode 203, A Home for the Brave – an Interview with Dr. Ben Carson and Brian D. Montgomery

Episode 201, This Too Shall Pass – an Interview with Dr. Lawrence Yun

Episode 205, Leading in a Crisis – an Interview with NAR President Vince Malta

www.buffiniandcompany.com/resources/bc

nar.realtor/coronavirus

 

INSPIRATIONAL QUOTES FROM THIS EPISODE:

“For all the talk of a broken and partisan Washington, when this sudden crisis hit, Congress acted in an overwhelmingly quick and bipartisan problem-solving way and our job is to work with them in that fashion.” – Shannon McGahn

“NAR jumped to action to ensure that our members, property owners and the industry were all well represented in this response.” – Shannon McGahn

“What makes REALTORS so effective on the Hill is that we’re not representing a special interest. We’re representing everyone’s interest. This is REALTOR members, property owners, consumers, the industry and the business as a whole.” – Shannon McGahn

“It’s our intention to continue working with lawmakers to ensure that, as we get out of the crisis and into recovery, that we can see that real estate plays a big picture there.” – Shannon McGahn

“I must say that I have had great responsiveness from all of our contacts on the Hill. They are looking for every way possible to help shake out any of these funds within the economy.” – Shannon McGahn

“We’re self-employed. And it’s just good to know we’re not all by ourselves.” – Brian Buffini

“Observers who were closely following the 1031 issues are encouraged to see that we might see some relief and guidance in the next week or two.” – Shannon McGahn

“We work with people. So, as long as you respect the people and the process that they have to go through to come up with their decisions and to implement them, then you’re going to have a better understanding of how those laws are enacted.” – Shannon McGahn

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Theme Music:  “The Cliffs of Moher” by Brogue Wave

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