Follow The Money: How Nar’s $10m Pac Spend Breaks Down

In 2026, the National Association of Realtors (NAR) promised members that it will focus its lobbying efforts on championing policies that promote and expand access for the next generation of real estate owners and that it would work to support and elect “Realtor champions” in the 2026 midterm elections this coming November. 

Documents filed with the Federal Election Commission in mid-March reveal that between January 1, 2025, and February 28, 2026, NAR’s Realtor Political Action Committee (RPAC), disbursed $10.02 million in funds to political candidates, party committee funding and fund transfers within NAR’s political network, including transfers to state-level Realtor Political Action Committees and other internal expenditures, such as $1.58 in operating expenses. 

Of the operating expenses detailed in the filing, $887,301.22 went to NAR to cover “reimbursement for admin and solicitation costs,” for RPAC fundraising in excess of that permitted by the one-third rule established in the FEC regulations.

Money for a Hall of Fame wall

Additionally, a total of $415,794.55 was paid to DB Engineering LLC for the construction of the RPAC Hall of Fame Wall, which is located on the rooftop of NAR’s Washington, D.C. building and features the names of those who have contributed an aggregate lifetime amount of at least $25,000 to RPAC. 

Fundraising and Disbursement Trustees voted to authorize the expenditure to construct the wall. 

“We reached capacity on our rooftop Hall of Fame Wall — a good problem to have — and transitioned to a digital format, ensuring we can continue recognizing inductees in perpetuity while expanding how we showcase RPAC investment and impact,” the spokesperson added. 

Individual candidate funding

From the remaining disbursed funds, $1.27 million was directed to the campaigns of individual candidates. The top funding recipients included Congressman Mark Harris (R-NC), who received $13,000 and is up for reelection this year, Congressman Matthew Van Epps (R-TN), who received $10,000 and won a special election in December 2025, and Congressman Joe Courtney (D-CT), who is also up for reelection this year and received $6,000. Several candidates also received $5,000 donations including Congresswoman Melissa Bean (D-IL), Congressman Clay Higgins (R-LA) and Congressman Pete Sessions (R-TX). Political candidates in Texas received the largest contribution at roughly $147,000, followed by California ($126,000), North Carolina ($76,000) and Illinois ($75,000). 

In addition to funds disbursed directly to candidates, NAR also funneled money to funds used for advertising and messaging about candidates, cataloged in the independent expenditures portion of its filings. In total, NAR recorded $425,714.00 in independent expenditures, representing 23 different contributions. The largest single contribution was $216,070.00 to Bridge Impact LLC to help pay for digital advertising and design costs for Senator John Cornyn’s (R-TX) campaign.

Lots of love for Texas

In total, Senator Cornyn’s campaign received nearly $288,000 in funding from NAR’s PAC. Senator Cornyn is currently involved in a tight Republican primary runoff, where he is facing Texas Attorney General Ken Paxton. He currently sits on the Senate Finance, Judiciary, Intelligence, Foreign Relations and Budget Committees and he has previously served as the Republican Whip. 

The advertising campaigns supporting several other federal lawmakers from Texas also received financial support, including Tony Gonzales ($40,090.00), a republican congressman representing the state’s 23rd congressional district, Dan Crenshaw ($13,008.00) a republican representing the 2nd congressional district, Julie Johnson ($10,481.00), a democrat representing the 32nd congressional district and Henry Cuellar ($10,387.00), a democrat representing the 28th congressional district.

In addition, NAR’s PAC also made large contributions to advertising campaigns supporting Jimmy Patronis ($40,539.00), a republican congressman representing Florida’s 1st congressional district and Sean Casten ($12,087.00), a democrat representing Illinois’s 6th congressional district. 

According to NAR, the group of bipartisan Realtors who make up the national RPAC Disbursements Trustees Committee work together with state and local Realtor members to determine which federal candidates RPAC will disburse funds too. 

Funding national party committees

In addition to its indirect and direct support of candidates, NAR’s PAC also contributed a significant amount of funding to national party committees on both sides of the political spectrum. In total, the Republican National Committee and Democratic National Committee-aligned entities each received a total of $210,000 in combined contributions. 

Additionally, the National Republican Congressional Committee, National Republican Senatorial Committee, Democratic Congressional Campaign Committee and Democratic Senatorial Campaign Committee all received roughly $150,000 each. 

NAR’s PAC also made some sizable contributions to state-level Realtor PACs, with South Carolina, Maryland, Indiana and South Dakota being some of the largest beneficiaries. In total, NAR’s PAC transferred $436,571.12 to affiliated Realtor PAC’s between January 2025 and the end of February 2026. These funds are typically used to support political candidates at the state level. 

On the receiving end, RPAC was the recipient of $8.048 million in contributions from individuals and $3.247 million in transfers from affiliated committees during the 14 month period covered by the filings. 

In December, Shannon McGahn, NAR’s chief advocacy officer told HousingWire that it was “encouraging” that housing affordability had “emerged as one of the few truly bipartisan issues in Washington.”

“Whether it’s the ROAD to Housing Act, the More Homes on the Market Act, or broader supply-focused reforms, there is growing agreement that the status quo isn’t working,” she said. “Realtors are optimistic because lawmakers from both parties recognize that housing is not a red or blue issue — it’s a red, white, and blue issue. NAR will continue working with Congress and the Administration to advance practical, bipartisan solutions that expand supply, lower costs, and help more Americans achieve the dream of homeownership.”