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Association Executives News

Association Executive News - April 2018
 

Update on the use of corporate titles
Recently, the New York State Department of State, Division of Licensing Services has indicated it would be auditing licensees and the use of corporate titles. On April 26, 2013, the DOS issued an opinion on the use of corporate titles by associate brokers and/or salespersons who are not licensed as a real estate broker. Many brokers and their associated licensees were not happy with the DOS opinion, so a follow up request was made to consider other alternatives.  The DOS responded with an opinion directly in line with the first opinion and further clarifying the restrictions on corporate titles. As both opinions state, no licensee other than an individual licensed as a real estate broker may use a corporate title in any manner. NYSAR also published an article specifically addressing corporate titles in a team setting.  A copy of the article can be found here.

First quarter and March 2018 statewide housing market report and video available on NYSAR.com
In addition to the 10K local report you received from either NYSAR or directly from 10K, the first quarter and March 2018 statewide housing market report is available on NYSAR.com. The full statewide reports are available to NYSAR members only. 

Also available on NYSAR.com is “The Skinny,” a video highlighting our current statewide housing market conditions. Please encourage your members to share this video with consumers to help them understand the Empire State’s housing market. Click here for the NYSAR.com Housing Statistics page. 

Warning: Possible phishing attempt and spam email alert
If you receive an email claiming to be from "REALTOR Party via DocuSign," it is not from the National Association of REALTORS. The email contains an attachment. Do not open any attachments or click any of the links, which may ask for passwords. NAR will never ask you or your members for your DocuSign credentials. Additionally, members should be aware of a suspicious email being deployed with the subject line: "ANNUAL REPORT TO ALL MEMBERS OF NATIONAL ASSOCIATION OF REALTOR (NAR)" from the email address presiidentceo@usa.com. Please note that official NAR emails will come from a realtor.org or realtors.org email address and include proper branding, messaging, contact information and opt-out provisions. Learn more

NYSAR member named one of NAR’s 30 Under 30 class of 2018 
Congratulations to Charles “Chip” Murphy, Hunt Real Estate, Rochester, NY for being named one of the National Association of REALTORS’ 30 Under 30 Class of 2018. He collected the most votes during the online voting period, guaranteeing him a spot in this year’s class. According to the award criteria, he illustrates the most stellar traits in customer service, community involvement, and business acumen. Congratulations Chip! Learn more.

REALTOR of the Year and Community Service Award nominations due by June 15
NYSAR is seeking nominations for the 2018 REALTOR of the Year Award. The award, which recognizes the outstanding personal leadership skills, and the industry and civic commitment of one NYSAR member, will be presented during the NYSAR Fall Business Meetings. In addition, NYSAR will recognize up to three REALTORS for their activities supporting their community with the Community Service Award. The deadline to nominate is June 15. Click here for the ROTY nomination form. Click here for the Community Service Award nomination form.  

Good Neighbor Awards deadline is May 4
The National Association of REALTORS’ REALTOR Magazine is seeking nominations for the 2018 Good Neighbor Awards. The program recognizes REALTORS whose extraordinary commitment to community service has helped make their communities better places to live. Entries must be received by Friday, May 4. Learn more.

Free NYSAR Tech Hotline coming soon!
NYSAR's free Tech Hotline will be launching this summer, and will feature on-call experts available five days a week to assist you with your technology-related issues. Watch your mail in the coming months for more information.  

Apply for a REALTOR Party Broker Involvement Grant of up to $5,000 annually
The Broker Involvement Grant allows local and state associations to create broker activities that align with the Broker Involvement Council’s purpose: to recruit, retain, educate and engage brokers and their agents in building a culture of advocacy. Local associations may apply for a grant of up to $5,000 for broker recruitment and advocacy engagement purposes annually. Associations would have to submit a Broker Involvement Grant application and evaluation form. A full list of REALTOR Party grants and programs is available in the 2018 REALTOR Party Resource Guide.

Live webcast with NAR’s Jerry Giovaniello on upcoming D.C. meetings: May 10 at 2 p.m.
On Wednesday, May 10, at 2 p.m. the NAR Government Affairs team will be hosting a live webinar when NAR Senior Vice President Jerry Giovaniello and the lobbying team will highlight the issues REALTORS will present on Capitol Hill. They will also be available to answer questions from the audience. Watch for your formal invitation with registration details on April 26. Please plan to participate and ask questions.

Urge REALTORS to sign up for mobile alerts
REALTOR Party text alerts are a quick and easy way to boost Call for Action response rates. About 4,800 New York State REALTORS are currently signed up to receive these text alerts, which is halfway to our state goal. Please encourage your members to text the word “NYREALTOR” to 30644. It takes less than a minute and will only notify members a few times a year when there is an important REALTOR issue to take action on. Promo graphics can be found here.

NYSAR meets with Assembly housing chair on coop transparency bill
NYSAR staff met with Assemblyman Steven Cymbrowitz (D-Brooklyn), chair of the Committee on Housing, and Assembly counsel staff to discuss the advancement of cooperative transparency legislation (A.10084/S.7523). The bill would improve transparency by establishing a clear timeline for the receipt, acknowledgement, completion and acceptance/denial of a cooperative purchase application. These efforts on the state-level are in conjunction with similar efforts to introduce and advance legislation before the New York City Council. NYSAR will continue to update members on any progress.

NY enacts $168 billion budget, rejects real estate transfer tax increases
Gov. Andrew Cuomo and the state Legislature finalized a $168.3 billion on-time state budget on March 31. The budget closes a $4.5 billion deficit and excludes roughly $1 billion in new taxes and fees proposed by the governor and state Assembly. NYSAR was pleased to see the exclusion of two real estate transfer tax increases from the final budget, which were originally proposed in the Assembly one-house budget. The final budget includes provisions to decouple state tax law from federal revenue code, create a new optional payroll tax program that employers would enroll into, and allow for the creation of tax deductible state and local charitable contribution funds, which has municipalities looking for IRS guidance and questioning how to implement such funds. The Business Council also has a budget summary here.

Encourage your members to register for the Office Depot Discount Program webinar on May 15
Please encourage your members to join NYSAR for a free webinar at 2:30 p.m. on Tuesday, May 15, to learn about the advantages of buying office supplies through Member Perk partner Office Depot/OfficeMax. When you use this exclusive member discount, you can save up to 80 percent on thousands of items. Most orders of $50 or more are eligible for free delivery to your home or office. Register today!

The digital version of New York State REALTOR magazine is now available
Your digital edition of the March/April 2018 New York State REALTOR magazine is available now. In this issue, New York State REALTOR magazine celebrates the 50th anniversary of the Fair Housing Act with: perspectives on the Fair Housing Act from NAR fair housing partners; fair housing FAQs; how personal letters from buyers can lead to fair housing implications; and more. Read the issue now.

Bid on the April RPAC auction item – Michael Kors bag
Bidding will end at the close of business on Monday, April 30. To place a bid, call Derick King in NYSAR’s Government Affairs Department at 518-463-0300 x238, email dking@nysar.com or join the RPAC Facebook group.

 


Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS, the New York State Association of REALTORS or any of its local boards or associations will not favor or disfavor any member because of the amount contributed. 70 percent of each contribution is used by your state PAC to support state and local political candidates. Until your NYSAR PAC reaches its PAC goal 30 percent is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after NYSAR PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates.

Featured Content

The March/April digital edition of New York State REALTOR is now available!

New York State REALTOR magazine celebrates the 50th anniversary of the Fair Housing Act with: perspectives on the Fair Housing Act from NAR fair housing partners; fair housing FAQs; how personal letters from buyers can lead to fair housing implications; and more. Read the latest issue.
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