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Starting the Year Off Right – Budgeting for Your PSF Contribution
by Roger Evans, SMDRA PSF Chair

Hopefully by now you have taken the time to outline your business plan for 2008. Every successful agent I know has taken the time to analyze where their expense items went last year and how they should be re-allocated for this year. Who knows how many sales you can achieve this year?  My sincere hope for you is your year end is even better than you are budgeting for. One of the most important areas that should share in your success should be your annual contribution to the Colorado REALTOR® Political Survivor Fund.

Here is the best way I know to budget for and make your Colorado PSF contribution painlessly. Take a minor fixed dollar amount out of each closing check you anticipate for 2008 and pledge it to PSF. It is that simple. Whether that number is $25, $50 or $100 per closing, it quickly adds up and truly makes a difference. You will soon find you have exceeded your previous contribution and are achieving a new target goal for the future.

Whether you are new to this business or have been in the real estate industry for 40 years, you know REALTORS® truly care…There is no doubt in my mind each and everyone of you reading this article care about many things in real estate….A Healthy Environment, Colorado Water Issues, Property Rights of the Individual, Economic Vitality, Housing Opportunities and Quality Growth, just to name a few. When REALTORS unite as one, they truly do have strength in numbers.

Your PSF contributions insure you are represented and have a collective voice when the legislature and local governments meet to discuss legislation that can impact how you do business today and into the future.  There are many issues you need to be aware of that may be coming into the forefront in this election cycle:  Will we be able to expand the availability of heath insurance for small businesses?  How would potential real estate transfer taxes affect your ability to make a living?  Can we keep the federal government out of real estate regulation?  Do you care?  These are major issues that will affect each and every one of us!

As the major selling season gets under way for most of us, it will become quite hectic and easy to lose focus on the big picture. Take a moment today to commit and write down that amount you are willing to set aside from each closing. Then when the time comes this spring for the Annual PSF Drive you will be proud to say “I am able to contribute this much today and anticipate moving up to the next tier of contributors by the end of the year!”  

South Metro Denver REALTOR® Association
7899 South Lincoln Court
Littleton, Colorado  80122
Phone: 303-797-3700
Fax: 303-797-0109