Association Executive News - April 2017
First quarter and March 2017 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 2017 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. Learn more on the NYSAR.com Housing Statistics page.
NYSAR’s 2017 Lobby Day is Tuesday, May 23
NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B. Registration will be from 8-9 a.m. with the welcome address and remarks commencing at 9 a.m. Breakfast and lunch will be provided. For more information, please contact NYSAR Government Affairs staff at 518-463-0300 ext. 216 or email@example.com.
NYSAR member wins NAR’s 30 Under 30 2017 Web Choice Award
Congratulations to Raymond Lord, Douglas Elliman Real Estate, East Hampton, NY for winning the National Association of REALTORS’ 30 Under 30 Class of 2017 Web Choice Award. 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 exemplifies the ingenuity, dedication and prowess that is raising the bar in real estate today.
REALTOR of the Year nominations due by June 16
NYSAR is seeking nominations for the 2017 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 16. To download the 2017 REALTOR of the Year nomination form, click here. To download the 2017 Community Service Award nomination form, click here.
NYSAR.com now features down payment resource tool for your members
Down Payment Resource is a free tool that connects your members and their buyers to available homeownership programs that can help with the down payment, closing costs and tax credits. They can search by neighborhood, city or county or by a specific property address. Make the search even more precise by entering household and professional information. They can share the program results and next steps with their buyers. Find the tool in the Industry Resources section of NYSAR.com.
State Legislature approves 2017-18 budget
On Sunday, April 9, state lawmakers approved the final components of the 2017-18 New York State Budget. Included in the final budget were several items of interest to NYSAR members including a $5 increase in the cost of the annual real estate licensing fee as well as several changes to the state’s STAR credit rebate program. The budget also included agreements to authorize ride hailing services like Uber and Lyft in upstate New York in addition to an agreement to provide up to four years of no-cost SUNY and CUNY tuition for families and students making less than $100,000 annually. Click here for a summary of the 2017-18 budget.
STAR credit changes in budget include paying homeowner interest if check is late
A new measure in the final state budget includes awarding homeowners an interest payment if their STAR credit check arrives past the stipulated deadline. Other changes include a provision that enables the Tax Department send out STAR checks with an estimated amount, allowing them to arrive to taxpayers sooner. Click here for more details on the STAR program changes.
New York’s $68 billion local and property tax break imperiled by Congress
The House GOP is calling for a tax proposal that would eliminate the deduction of state and local taxes on taxpayer’s personal income taxes. According to Gov. Andrew Cuomo’s office, the cut would be an average $4,500 per household. Click here for more details on the potential elimination of the state and local tax deduction.
New York State led the nation in statewide historic property revitalization
According to a report from the New York State Historic Preservation Office, $748 million in investments was generated by the state and federal credit to revitalize historic buildings in 2016. Renovations across the state have included the rehabilitation of historic structures as well as the creation of more than 5,500 units of new housing. Click here for more.
NAR working with Congress to renew the National Flood Insurance Program
The National Flood Insurance Program will expire on Sept. 30, 2017. The National Association of REALTORS is working closely with federal regulators and members of Congress to renew and strengthen the program and clear the way for a private market to take hold. Click here to read about how NAR is working to reauthorize the NFIP.
Albany and Buffalo both rank among top 10 metro areas for millennials
Realtor.com has released a report ranking Buffalo 7th and Albany 8th among the top 60 metropolitan areas in the country for millennial home buying. Click here for the full report.
Back by popular demand – NYSAR’s Instructor Training Institute
The new and improved Instructor Training Institute (ITI) premiered last year and it was so effective that everyone’s talking about it! This course is typically offered just once every two years but, due to high demand, it will be offered again this year on June 13-15, 2017 in West Babylon. Although known as a skills development program for instructors, it really helps anyone who wants to communicate in a more meaningful or impactful way. Many association executives, local board leaders and company managers and trainers have also benefitted from this program. Click here for more information and to register today. Please share this with current or potential instructors, too. Repeat participants receive a deep discount. Don’t delay – space is limited to just 24 participants and registration closes May 12.
New York State Real Estate Education Foundation Annual Fund Drive
Please join your fellow association executives in making your association’s annual donation to the Education Foundation. To date, the foundation has granted 965 scholarships to REALTORS totaling almost $245,000. The foundation cannot continue to serve this many REALTORS without your ongoing support. Click here for more information or to donate today.
Good Neighbor Awards deadline is May 12
The National Association of REALTORS’ REALTOR Magazine is seeking nominations for the 2017 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 12. Learn more
. Encourage your members to register for May HealthiestYou and RPR webinars
Encourage your members to join NYSAR Member Perks partner HealthiestYou for the “Need a Doctor Now? Take Control of Your Healthcare” free webinar
that explains what telemedicine is, HealthiestYou’s innovative platform and how they will benefit from enrolling on Thursday, May 11, at 2:30 p.m. RPR will teach attendees how to build a start-to-finish, successful real estate prospecting strategy using their dynamic data and impressive reports, available only to REALTORS during the “Secrets from the Pros: Tips for Growing Leads and Increasing ROI with RPR” free webinar
on Thursday, May 18, at 2:30 p.m.
Remind your members to tune in to NYSAR Radio on May 9 for ‘Agency – Buyers and Sellers’
The Tuesday, May 9, NYSAR Radio show will cover common agency issues specifically related to buyers and sellers. Tune in at 10 a.m. on May 9 on your PC or Mac by using the player on the NYSAR Radio page
. You will need to be logged in to listen. Bid on the April RPAC auction item – Amazon Tap, portable Bluetooth enabled speaker
Bidding will end at the close of business on Thursday, April 27. To place a bid, call Derick King in NYSAR’s Government Affairs Department at 518-463-0300 x238, email firstname.lastname@example.org
or join the RPAC of New York Facebook group
. The spring RPAC fundraising season is under way
Many boards have already hosted events including Long Island, Hudson Gateway, Greater Rochester, Greater Syracuse and Otsego-Delaware with many more events on the calendar. From bowling and happy hour gatherings to horse racing, live music and a New York Yankees game, there is something for everyone. To view the event calendar, visit the RPAC page
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.