Pat Dalessandro leads the Region 7 Caucus at the annual Midyear Legislative Meetings and Trade Expo in Washington, D.C., on May 20, 2017.
Former Illinois REALTORS® president and current Region 7 Vice President Pat Dalessandro led the Region 7 Caucus in Washington, D.C., on Friday.
The regional caucus allows leaders of three Midwestern states to come together and discuss market conditions and other aspects of the real estate market. Region 7 is comprised of Illinois, Indiana and Wisconsin.
(l to r) REALTORS® Christopher Schramko, Deena Zimmerman and Mark Goodwin.
Illinois REALTORS® commercial members are busy in Washington, DC at the NAR Legislative Meetings and Trade Expo alongside their residential colleagues.
Illinois REALTOR® Global Business Council Chair Alex Ruggieri, CCIM led the NAR Commercial Real Estate Forum where items such as the MIPIM conference in Cannes, France next March and the Swanepoel Commercial Alert Report were presented. CAR member and NAR Commercial Liaison Deena Zimmerman shared her thoughts on an emerging commercial real estate trend called “experiential retail” where shopping now has become more than just a transaction, it is an experience.
NICAR leaders Mark Goodwin and Christopher Schramko attended the forum and then headed to Capitol Hill to meet with U.S. Reps. Randy Hultgren and Mike Quigley. Their expertise on 1031 exchanges, depreciation and infrastructure was an added value to the conversation.
Illinois REALTORS® Treasurer Dan Wagner also was on hand at the meeting with Senator Dick Durbin to explain the 1031 exchange and its importance to real estate and the U.S. economy.
At the tail end of a week of meetings in Washington, D.C, Illinois REALTORS® gathered to share updates from a myriad of committee meetings.
Because NAR’s Midyear business meetings are so large, the state caucus provides a chance for brief committee updates on all aspects of the real estate industry. Illinois has a multitude o members who serve on committees.
- Pradeep Shukla talked about the Federal Taxation Committee’s concern about the fate of the 1031 Like-Kind Exchange and the Mortgage Interest Deduction.
- Piero Orsi talked about an emerging issue with solar panels. He said there have been an increasing number of cases where homebuyers are caught unaware by amounts owed on solar panels.
- Christopher Tenggren related that new tiers were going to be established for RPAC giving levels. The tiers will go up in $25,000 increments.
- Zeke Morris talked about the upcoming 50th anniversary of a commemoration of the Fair Housing Act.
- Michael Oldenettel: Discussed the fact that there were many intellectual property lawsuits stemming from photo usage.
- Gary Clayton: The new Bicentennial Plaza, a REALTOR® Community Partnership, will honor fair housing in the U.S.
The state caucus leads up to the Region 7 Caucus where REALTORS® from several states in the Midwest share reports. Pat Dalessandro of Illinois (and a former Illinois REALTORS® president) is Region 7 vice president.
Every year, Illinois REALTORS® sets meetings with every single member of the state’s congressional delegation.
It’s a massive effort that beings many of the association’s members to Capitol Hill and allows them to meet one-on-one with representatives and senators.
This year, the association’s members met with virtually every member of the Congressional delegation, and if they couldn’t do that, they met with key staff to get the private property rights message across.
The effort requires trudging through at least five buildings and dealing with the scheduling changes brought about by called votes.
On Thursday, REALTORS® visited the offices of U.S. Reps. Mike Quigley, Adam Kinzinger, Dan Lipinski, Randy Hultgren and Danny Davis. They also met with U.S. Sens. Dick Durbin and Tammy Duckworth.
U.S. Sen. Dick Durbin laughs as he is introduced by Illinois REALTORS® Federal Political Coordinator Matt Ferrell at a meeting on Thursday. Both of the state’s senators met with REALTORS® in Washington, D.C. for legislative meetings. Photos: Jon Broadbooks
Illinois REALTORS® met the state’s U.S. senators in meetings on Thursday, a capstone to three days of meetings with elected officials on Capitol Hill.
U.S. Sen. Tammy Duckworth meets with Illinois REALTORS® on Thursday in the Hart Senate Office Building in Washington, D.C.
The Illinois delegation met with U.S. Sen. Dick Durbin, in a meeting held in the Hart Senate Office Building. Durbin talked about prospects for tax reform, and listened as association members made the case for protecting private property rights.
Durbin was introduced by Illinois REALTORS® President Doug Carpenter and Federal Political Coordinator Matt Ferrell.
Later Thursday, REALTORS® met with U.S. Sen. Tammy Duckworth, who heard about the need to protect the Mortgage Interest Deduction and the 1031 Like-Kind Exchange tax provision.
Duckworth was introduced by Treasurer-nominee Ed Neaves and Federal Political Coordinator Nancy Suvarnamani.