Today is the due date for the NC Association of Realtors to file a "Principal Report" for lobbying expenses with the Secretary of State's Office. NCAR last week reported pumping $380,162 into its 527 committee, "North Carolina Homeowners Alliance" (sic).
In 2002 The North Carolina Association of Realtor (NCAR) reported over 26,000 members. That grew in 2007 to a claimed membership of over 42,000, a growth rate of 10% per year (30% increase in last two years).
Hey, guess what? Brad Paisley's coming to North Carolina. He'll be in Raleigh July 20 and Charlotte July 21 and he'll be checking you for Ticks:
Brad Paisley: Click for "Ticks"
It is clear that the large sums of money involved in real estate transactions are attracting a lot of people to the business. Individual realtors may be seeing a decline in income because there is more competition. More competition has not led to a substantial lowering of cost for consumers because of NCAR’s strong hold on the market and, it seems, on legislators.
[Read more below the fold.....]