Broker Report

October 2018


September 2018 NYS Housing Statistics 
In September, the New York State housing market saw 10,683 closed sales, a $270,000 median sales price and an average of 65 days on market. An in-depth report is available for your use when talking to your agents, clients and the media. In addition to the full report, an infographic with key points and "The Skinny" video are also available. The localized monthly reports were emailed to each board. Learn more.

Register for Triple Play 2018 
Triple Play 2018 will be held December 3-6, 2018 at the Atlantic City Convention Center in Atlantic City, NJ. Don’t miss out on: two keynote presentations; four days of education with FREE CE credit; 110 unique sessions including CE and non-CE; the Trade Expo with more than 250 exhibitors; Kick-Off Party, Icebreaker and state receptions; the RPAC High Rollers’ Suite; and much more. Register online now. Learn more.
NAR survey finds number of real estate teams are growing
The 2018 NAR Teams Survey found that 26 percent of respondents were members of a real estate team while 73 were not. The survey asked respondents to choose from a list of activities to explain their primary functions on a team. The most common answer was agent (88 percent), followed by broker (50 percent), marketing (47 percent), administrative (47 percent) and transaction coordinator (34 percent). Learn more.


Do your agents have what it takes to succeed in today’s competitive market?
This fall, you and your agents can take advantage of courses designed specifically to help you capture more clients and serve them with greater expertise. Whether it’s buyers, sellers or seniors in the market to buy or sell, NYSAR has a variety of courses this fall to enhance the skills of your agents. Check out these upcoming options:
  • Accredited Buyer Representative Course: 10/24-25 in Woodbury.
  • Sellers Representative Specialist Course: 11/19-20 in White Plains.
  • Seniors Real Estate Specialist Course: 10/24-25 in Rochester; 11/15-16 in Binghamton.
Learn more.

Free InteractCE benefit helps members meet license renewal and REALTOR membership requirements
As an added benefit of your NYSAR membership, you are able to take three innovative and engaging online classes for free! Not only are the courses free, they'll help you and your agents meet their NYS license renewal and REALTOR membership requirements. Learn more.


Government Affairs Highlights from the NYSAR Fall Business Meetings
NYSAR's Fall Business Meetings, which were held Sept. 30 - Oct. 3 at Turning Stone Resort & Casino in Verona, covered a variety of legislative and regulatory topics related to real estate and licensees. The Legislative Policy Forum hosted two guest speakers: Steve Greenberg, polling expert at the Siena College Research Institute, and Zack Rubin-McCarry, NAR Field Representative. Greenberg presented an in-depth political analysis of state politics and the upcoming General Election. Zack Rubin-McCarry provided REALTORS with legislative and political updates at the federal level. Legislative actions coming out of the meetings include seeking the elimination of "grandfathering" and the expansion of core requirements as they relate to continuing education. Learn more. 

Text the word "REALTORS" to 30644 for a chance to win a $250 Amazon gift card
Respond to important REALTOR Calls for Action more conveniently by signing up for RELATOR Party Mobile Alerts. Simply text the word, "REALTOR" to 30644 to receive short text messages only when there is a national or legislative Call for Action. Sign up today and you will be entered to win a $250 Amazon gift card. Learn more.

NAR Window to the Law (video and presentation): Assistance Animals in Housing
This month's NAR Window to the Law focuses on issues that arise when an individual makes a request for an accommodation for an assistance animal. NAR recognizes that this remains a controversial topic for property owners and property managers, and continues to be identified as one of the top issues for real estate professionals. NAR's Risk Management Issues Committee will cover this topic during NAR's annual convention Nov. 2 - 5 in Boston. Learn more.

How to get a flood determination report: MyFloodStatus Webinar Oct. 22 and 29 at 9:30 a.m.
Join the free MyFloodStatus webinar to learn about low-cost, accurate and insured flood determination reports. NYSAR members receive a discount on MyFloodStatus, which provides a certified flood determination report that is backed by a $2 million E&O insurance policy. After running the report, REALTORS and their clients will have access to the Flood Resource Center's Certified Floodplain Managers to help them understand the report and receive advice on next steps. Learn more.

Ulster County Legislature proposes residential fire sprinkler installation mandate
During a September 17, 2018 committee meeting by the Ulster County Legislature, a local law (Local Law 22) proposal was introduced, which would require the installation of residential fire sprinklers in all new construction homes in the county. NYSAR is currently fighting against a similar proposal before the Albany County Legislature that was introduced in May of this year. NYSAR will continue to monitor and engage local officials on this issue. Learn more. 

NAR announces additions to senior leadership team
Longtime Capitol Hill and U.S. Treasury aide Shannon McGahn is NAR's senior vice president of government affairs and chief lobbyist effective Oct. 15. McGahn replaces longtime NAR Chief Lobbyist Jerry Giovaniello, who is retiring. NAR also announced that 30-year finance and real estate industry veteran Victoria Gillespie isn NAR's new chief marketing and communications officer. Gillespie previously owned and operated her own real estate company, and served as senior vice president of the REALTORS Federal Credit Union. Learn more.


The 2018 RPAC Fundraising year ends Nov. 30
As a reminder, the 2018 RPAC Fundraising year will close on Friday, November 30. NYSAR must receive all RPAC investments from local boards and individual members by November 30 to be counted toward the 2018 fundraising year. Any RPAC investments that arrive at NYSAR following November 30 will be counted toward the 2019 RPAC Fundraising year. Please contact Derick King at or (518) 463-0300 with any questions. 

Featured Content

The November/December digital edition of New York State REALTOR is now available!

We celebrate our 2018 Community Service Award winners, look back at the Fall Business Meetings at Turning Stone, discuss disclosures other than agency disclosures, look at the market forecast and more in the November/December issue of New York State REALTOR magazine. Read the latest issue.
Industry Resources