LD-2 Disclosure Form

Clerk of the House of Representatives
Legislative Resource Center
135 Cannon Building
Washington, DC 20515
http://lobbyingdisclosure.house.gov

Secretary of the Senate
Office of Public Records
232 Hart Building
Washington, DC 20510
http://www.senate.gov/lobby

LOBBYING REPORT

Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page

1. Registrant Name Organization/Lobbying Firm Self Employed Individual

National Association of Realtors

2. Address

Address1

500 NEW JERSEY AVE, NW

Address2

City

WASHINGTON

State

DC

Zip Code

20001-2020

Country

USA

3. Principal place of business (if different than line 2)

City

State

Zip Code

Country

4a. Contact Name		b. Telephone Number	c. E-mail
Mrs.	Shannon McGahn	2023831000	smcgahn@realtors.org

5. Senate ID#

27070-12

7. Client Name	Self	Check if client is a state or local government or instrumentality
National Association of Realtors

6. House ID#

317330000

TYPE OF REPORT

8. Year

2025

Q1 (1/1 - 3/31)

Q2 (4/1 - 6/30)

Q3 (7/1 - 9/30)

Q4 (10/1 - 12/31)

9. Check if this filing amends a previously filed version of this report

10. Check if this is a Termination Report

Termination Date

11. No Lobbying Issue Activity

INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13

12. Lobbying

13. Organizations

INCOME relating to lobbying activities for this reporting period was:

EXPENSE relating to lobbying activities for this reporting period were:

Less than $5,000

Less than $5,000

$5,000 or more

$

$5,000 or more

$

16,080,000.00

Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income for the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client).

14. REPORTING Check box to indicate expense accounting method. See instructions for description of options.

Method A. Reporting amounts using LDA definitions only

Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code

Method C. Reporting amounts under section 162(e) of the Internal Revenue Code

Signature

Digitally Signed By: Shannon McGahn

Date

7/21/2025 4:22:14 PM

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code CSP

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Helen	Devlin
Joseph	Harris
Ryan	Rusbuldt
Vijay	Yadlapati
Shannon	McGahn
Matthew	Emery
Nia	Duggins
Austin	Perez
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Christopher	Christensen
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code FIN

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Helen	Devlin
Joseph	Harris
Shannon	McGahn
Ryan	Rusbuldt
Vijay	Yadlapati
Erin	Stackley
Ken	Fears
Nia	Duggins
Matthew	Emery
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Christopher	Christensen
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler
Bryan	Greene

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code HOU

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Helen	Devlin
Joseph	Harris
Ryan	Rusbuldt
Vijay	Yadlapati
Erin	Stackley
Shannon	McGahn
Bryan	Greene
Alexia	Smokler
Matthew	Emery
Ken	Fears
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Russell	Riggs
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler
Caitlin	Vannoy
Elayne	Weiss

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code TAX

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Helen	Devlin
Joseph	Harris
Shannon	McGahn
Ryan	Rusbuldt
Vijay	Yadlapati
Evan	Liddiard
Erin	Stackley
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler
Matthew	Emery
Bryan	Greene

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code INS

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Helen	Devlin
Joseph	Harris
Shannon	McGahn
Ryan	Rusbuldt
Vijay	Yadlapati
Austin	Perez
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler
Bryan	Greene

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code CIV

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Vijay	Yadlapati
Bryan	Greene
Joesph	Harris
Helen	Devlin
Shannon	McGahn
Ryan	Rusbuldt
Alexia	Smokler
Nia	Duggins
Erin	Stackley
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Keisha	Wilkinson
Colette	Massengale
Mya	Walker
Najee	Bailey
Nicole	Lindler

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code BAN

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Helen	Devlin
Joseph	Harris
Shannon	McGahn
Ryan	Rusbuldt
Vijay	Yadlapati
Nia	Duggins
Matthew	Emery
Erin	Stackley
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler
Bryan	Greene

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code ENV

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Russell	Riggs
Vijay	Yadlapati
Shannon	McGahn
Helen	Devlin
Joseph	Harris
Ryan	Rusbuldt
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code LBR

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Shannon	McGahn
Helen	Devlin
Joseph	Harris
Ryan	Rusbuldt
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Keisha	Wilkinson
Mya	Walker
Nicole	Lindler
Evan	Liddiard
Matthew	Emery

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code IMM

16. Specific lobbying issues

17. House(s) of Congress and Federal agencies Check if None

18. Name of each individual who acted as a lobbyist in this issue area

First Name	Last Name	Suffix	Covered Official Position (if applicable)	New
Shannon	McGahn
Helen	Devlin
Joseph	Harris
Ryan	Rusbuldt
Matthew	Stross
Kathryn	Crenshaw
Raley	Wright
Russell	Riggs
Nicole	Lindler

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

Information Update Page - Complete ONLY where registration information has changed.

20. Client new address

Address
City		State		Zip Code		Country

21. Client new principal place of business (if different than line 20)

City

State

Zip Code

Country

22. New General description of client’s business or activities

LOBBYIST UPDATE

23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client

First Name

Last Name

Suffix

First Name

Last Name

Suffix

Jeremy

Green

ISSUE UPDATE

24. General lobbying issue that no longer pertains

AFFILIATED ORGANIZATIONS

25. Add the following affiliated organization(s)

Internet Address:

Name

Address

Principal Place of Business
(city and state or country)

Street Address
City	State/Province	Zip	Country

City
State	Country

26. Name of each previously reported organization that is no longer affiliated with the registrant or client

FOREIGN ENTITIES

27. Add the following foreign entities:

Name

Address

Principal place of business
(city and state or country)

Amount of contribution for lobbying activities

Ownership percentage in client

Street Address
City	State/Province	Country

City
State	Country

%

28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization

1	3	5
2	4	6

CONVICTIONS DISCLOSURE

29. Have any of the lobbyists listed on this report been convicted in a Federal or State Court of an offense involving bribery, extortion, embezzlement, an illegal kickback, tax evasion, fraud, a conflict of interest, making a false statement, perjury, or money laundering?
No Yes

Lobbyist Name

Description of Offense(s)