How Does it Work?
For many years, brokerages have tracked and paid commissions through various request platforms. Whether the request platform is on paper or through an online portal, many brokerages include the option to also direct a portion of the commission to a charitable organization. In addition to providing the charitable organization option, a brokerage may now include Michigan RPAC as a choice for easy investment.
Thanks to recent clarification to Michigan campaign finance law, it is now permissible for employing brokerages to send the voluntary RPAC investments of its agents as a single contribution to Michigan RPAC. This allows individual RPAC contributions to be batched together within the brokerage and sent to Michigan RPAC in one payment, including the necessary information required under the law for each investor. This clarification has paved the way for Realtors to voluntarily direct a specified portion of a commission or commissions to Michigan RPAC as part of a brokerage’s request platform.