As a global provider of real estate and relocation services, Cartus’ parent company, Realogy, often has the opportunity to join government leaders in discussing future policies that may affect the housing industry. On August 17, Realogy’s chief executive officer, Richard A. Smith, participated in the Conference on the Future of Housing Finance in Washington, D.C. This was an invitation-only event hosted by Secretary of the Treasury Timothy Geithner and Secretary of Housing and Urban Development Shaun Donovan. Smith was invited to share his insights as part of Breakout Session One: “Key Players in a Reformed System: Role of the Private Sector and of Government.”
Recently, Smith advised government officials on extending the homebuyer tax credit. He is a member of the Business Roundtable, an association of chief executive officers of leading U.S. companies. In April 2009, he was appointed as chair of the Business Roundtable’s Housing Working Group.