Realtors’ Water Carrier in Chief
Who is the world’s most powerful Realtor?
No, it’s not the head of the National Association of Realtors, a local Board president, or the top-selling Realtor nationally.
Hint: he’s actually the world’s most powerful ex-Realtor.
I don’t think I’d get much argument that it’s Georgia Senator Johnny Isakson.
Isakson was instrumental in getting the $8,000 tax credit for first-time home buyers passed, and has been leading the effort to extend and even raise it.
Another couple dozen officials like him in high office, and Realtors might even start to approach the influence wielded by Goldman Sachs.
P.S.: leaving the merits of the $8,000 tax credit aside, it amounts to less than 10% of what was flushed down just one company, AIG. And the tax credit has had a HUGE effect on stabilizing the housing market, particularly at the bottom rungs.