Leading The Industry With Realogics Sotheby’s REALTOR® Eddie Chang
If you are a REALTOR member, you can cast your vote for Seattle King County REALTORS President HERE →
Realogics Sotheby’s International Realty’s (RSIR) Eddie Chang is poised to make positive changes in real estate. As REALTOR® members assisted their clients in an ever-changing landscape fueled by pandemic-related concerns in 2020, Eddie achieved goals that benefitted brokers and their clients during these unprecedented times. He was an advocate for the “essential” considerations of real estate during Washington’s stay-at-home order and phased reopening. It’s not the first time he’s worked diligently on behalf of the industry—Eddie spent the past four years serving on the Seattle King County REALTORS (SKCR) board, as well as on the Washington REALTOR’s board.
A 2017 graduate of the Washington REALTORS Leadership Academy, Eddie invested considerable time in protecting the industry and its members—and seeks to strengthen both. He is the Vice-Chair of Legislative Steering for Washington REALTORS, Vice President of Government Affairs for Seattle King County REALTORS, and serves on the Public Policy Coordinating Committee for the National Association of REALTORS. He was SKCR Government Affairs Volunteer of the Year in 2017 and a 5-Star Agent from 2013-present. Eddie holds 10 real estate accreditations which make him an invaluable asset to his clients and inform the work he does on behalf of REALTORS.
Client Care, Industry Progress
SKCR grants membership on the county, state, and national levels. On the state level, Eddie has worked with lobbyists who can advocate on behalf of real estate interests in Olympia. Eddie provided advisement on three recent legislative bills that passed to ensure they protected the industry, and most importantly his and his peers’ clients. Notably, Eddie offered key insight into the shaping of the state capital gains tax. The major push was to ensure the exclusion of real estate sales from the seven percent tax on the voluntary sale of stocks and other capital assets that exceed earned profits of $250,000.
“I’m really proud that our lobbyists did a great job of getting real estate exempt,” says Eddie. “Already, real estate suffers from the excise tax and a lot of other bills on top of it, there’s no reason to include capital gains. It would be too much, especially since the capital gains tax on real estate would hurt homeowners, retirees, and a lot of people all across the spectrum.”
Shaping the industry for today & tomorrow
Eddie wants to continue this work as Seattle King County REALTORS President.
Here, his goals are to continue to open the association so that it is more inclusive and diverse and allow its committees and leadership to engage with more of its members.
“Eddie Chang is an exemplified leader in the Puget Sound real estate market. He’s been an incredible asset on Realogics Sotheby’s International Realty’s steering committee, Government Affairs Council, and Asia Services Group. His discerning nature and drive to take up causes of importance to the industry are commendable,” says Dean Jones, RSIR President and CEO. “RSIR’s dedication to innovation and the trusted brand heritage of Sotheby’s align with Eddie’s goals for Seattle King County REALTORS. We’re excited to see him advocate on behalf of all REALTORS, forging connections beyond each transaction and in the industry at large.”
Eddie is providing an agenda that increases the opportunities for other members to offer opinions and insight derived from their own marketplace experiences. He chaired a presidential advisory group (PAG) which allowed examination of committee structure. They offered solutions to implement meaningful reorganization that will benefit and provide further opportunities for REALTORS’ voices to have an impact throughout King County.
“We opened these (committees) up so that any REALTOR member can join the conversation and see what the (each committee) is doing. I hope that this type of openness and transparency will allow more REALTORS to understand what the association is doing on the behalf of them and their clients, as well as contribute their voice to the issues they care about.”