Kim Bass: Realtors Meet in D.C. For Hill Visits And Presidential Address

Wednesday, May 22, 2019 - by Kim Bass, president, Greater Chattanooga Realtors
Greater Chattanooga Realtors Joyce Smith, Christy Auld, Kim Bass, Ron Tucker, Carol Seal, Randy Durham, Jennifer Grayson, Travis Close, Jill Christy, Kathy Tucker, and Brandi Pearl Thompson
Greater Chattanooga Realtors Joyce Smith, Christy Auld, Kim Bass, Ron Tucker, Carol Seal, Randy Durham, Jennifer Grayson, Travis Close, Jill Christy, Kathy Tucker, and Brandi Pearl Thompson
Last week members of the Greater Chattanooga Realtors joined more than 10,000 realtors from across the nation in Washington D.C. Our purpose was to further our work with Congress to advance policy initiatives that strengthen the ability of Americans to buy, invest, own and sell commercial and residential real estate. 

This trip is so satisfying because we are able to see firsthand the importance and impact of advocacy on a state and national level. It reminds me personally that our business and the rights of property owners must never be taken for granted.

This year, we advocated for several legislative initiatives including equal protection for the LGBT community under the Fair Housing Act, housing finance reform, national flood insurance program reauthorization and housing affordability and accessibility.

We heard the latest market forecasts from National Association of Realtors (NAR) Chief Economist Dr.
Lawrence Yun, who was the keynote speaker for our 2018 Economic Update Luncheon co-hosted with the Home Builders of Greater Chattanooga. While in D.C., we even had the attention of the highest office in the land. Every year NAR invites the sitting President of the United States to speak to our group, should their schedule allow. The last president to address our conference was President George W. Bush in 2005. President Trump addressed Realtors saying, “Homeownership and what you do as realtors is a part of Americana. You work hard, you love people, you love this country.”

So why do we take the time to make this visit? 2019 National Association of Realtors President John Smaby put it best. "The day-to-day business dealings of realtors are directly impacted by the decisions made by our policymakers and regulators, making it vitally important for leaders on Capitol Hill to hear from our members.” 

As members of America's largest trade association, my fellow realtors and I know the importance of making sure our voices and the voices of homeowners from across the nation are heard. An app doesn’t advocate for equal protection under the Fair Housing Act. A website doesn’t fight for access to flood insurance. Realtors do. Realtors fight for homeowners because that’s who we R®.


Capital One Closes Freddie Mac Loans Totaling $31 Million For Chattanooga Apartments

Tennessee Apartment Construction Ramps Up, Except In Nashville

Kim Bass: Safety Protocols To Expect When Working With A Realtor


Capital One announced on Tuesday that it has provided Freddie Mac loans totaling $31 million for the acquisition of two Chattanooga apartment communities, the 200-unit Evergreen at Hickory Valley ... (click for more)

Apartment construction is ramping up in Tennessee's major urban centers, with the exception of the Nashville Metro Area, which is witnessing a 51% dip. Here are the highlights: 3,725 ... (click for more)

In a few days, the National Association of Realtors will release their 2019 Member Safety Report, which surveys realtors around the nation about how safe they feel while on the job, their personal ... (click for more)


Real Estate

Capital One Closes Freddie Mac Loans Totaling $31 Million For Chattanooga Apartments

Capital One announced on Tuesday that it has provided Freddie Mac loans totaling $31 million for the acquisition of two Chattanooga apartment communities, the 200-unit Evergreen at Hickory Valley and the 238-unit Meridian at Hamilton Place. The sponsor, Two Waters Capital, has invested $250 million in multifamily communities and currently owns seven properties consisting of 1,942 ... (click for more)

Tennessee Apartment Construction Ramps Up, Except In Nashville

Apartment construction is ramping up in Tennessee's major urban centers, with the exception of the Nashville Metro Area, which is witnessing a 51% dip. Here are the highlights: 3,725 new units are estimated to hit the Nashville Metro market by the end of the year. This may sound like a significant addition, but it is actually less than half of what developers had built ... (click for more)

Breaking News

Dr. William Jackson Named Erlanger’s New CEO; Spiegel Gets Year's Salary, Continuing Insurance

During a specially-called meeting of the Erlanger Health System Board of Trustees, Chairman Mike Griffin announced that Chief Medical Officer Dr. William L. Jackson Jr., has been appointed as the health system’s new president and chief executive officer. Also a settlement was reached with former president Kevin Spiegel, who resigned last week under pressure from the board. ... (click for more)

Car Accident On Lee Highway Causes Vehicle To Crash Into Hotel

A car accident on Lee Highway caused a gold van to leave the road, crash into an SUV in a hotel parking lot and then into two hotel rooms, structurally damaging the building. The incident happened just after 3 p.m. Wednesday at the In Town Suites on Lee Highway. Both hotel rooms were empty at the time of the incident. A total of 12 surrounding rooms were evacuated as a precaution. ... (click for more)

Opinion

Let The Water Company Pay The Bill - And Response

Tennessee American breaks a line and 35,000 people lose water for three days. Well they don’t exactly admit they broke it, they were working on it a few feet away and it just broke….so they say. One half of TAWC service area is out of water three days and nights, hospitals canceling surgery, schools closed and opened and then sending the children home, businesses shut down, government ... (click for more)

Gregg Gentry Says He Was Not At Meeting On Nurse Pay

Regarding Mr. Exum's claim in his Sept. 12 column that Erlanger Chief Administrative Officer Gregg Gentry attended his Sept. 4 meeting with Kevin Spiegel is not accurate. Mr. Gentry said he was not at this meeting. (click for more)