E-News Weekly

September 22, 2018


August NYS Housing Statistics 
In August, the New York State housing market saw 13,852 closed sales, a $280,000 median sales price and an average of 62 days on market. An in-depth report is available for your use when talking to your clients and the media. In addition to the full report, an infographic with key points and "The Skinny" video are also available. Learn more.

NAR releases the REALTOR Technology Survey
The National Association of REALTORS Research Group surveyed REALTORS in March about technology issues in the real estate industry. Findings revealed the three most valuable technology tools, how satisfied REALTORS are with the level of technology provided by their broker, which technology tools have resulted in the highest number of quality leads, and more. Learn more.

Cost of homeownership out of reach for many millennials 
According to a CoreLogic and RTi Research study, 63 percent of millennials under the age of 29 find the cost of homeownership to be challenging, which is their main reason to continue renting. Suzanne De Vita of RISMedia unveils how each generation views homeownership. Learn more.

New to the industry? This article could help.
For those new to the real estate industry, Leighton Stone of Greg Garret Realty in Newport News, Virginia. wrote, "How a New Agent Can Claim a Territory in Real Estate," for the Forbes Real Estate Council. She breaks down how new agents can create new content and lead opportunities, and get to know the area. Learn more.


NYC sues mortgage holders of five Brooklyn 'zombie homes'
New York City’s Department of Housing Preservation and Development filed lawsuits Wednesday against two lenders and three mortgage servicing companies seeking over $1 million in fines and reimbursements, alleging the financial firms failed to properly maintain the properties under the state’s 2016 “Zombie Homes” law. The new law was created to identify properties where mortgage holders were neglecting upkeep on vacant homes nearing foreclosure, undermining property values and contributing to neighborhood decay. Learn more.

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

Rep. Collins keeps name on ballot, will actively campaign
Republican Rep. Chris Collins said he will remain on the ballot in November and will actively campaign for re-election in the 27th Congressional District despite suspending his campaign in August after being indicted on felony charges of fraud, conspiracy and lying to the FBI. If convicted, Collins would be expelled from the House of Representatives. The Democratic opponent is Grand Island town supervisor Nathan McMurray. Learn more.

Congressional elections updated analysis
Online news outlet, FiveThirtyEight updated its analysis of November’s Congressional races and the chances of party-control flipping in the Senate and House of Representatives. Its analysis gave Republicans a 7 in 10 chance of maintaining control of the Senate, and gave Democrats a 4 in 5 chance of flipping the House. It went on to say that GOP Reps. Stefanik, Zeldon, King, and Donovan are likely safe Republican seats. Republican Rep. Faso’s race has been rated as a “toss-up.” Rep. Claudia Tenney’s district has been changed to “lean Democrat,” and Rep. Chris Collins’ district has been changed to “lean Republican.” Learn more. 

Legislative Policy Forum Speakers at Fall Business Meetings
NYSAR’s Legislative Policy Forum on Tuesday, October 2 at 11 a.m. will feature a political discussion on how the November elections could change the political makeup of the state and federal government and its potential impact on real estate. Guest speakers include Steve Greenberg of Greenberg Public Relations and NAR Field Representative Zack Rubin-McCarry. Learn more.


Short Sales & Foreclosures offered in Hudson and Rochester
SFR will be offered in Hudson on 9/27 and Rochester on 10/4. Maneuver the complexities of short sales and help buyers pursue short sale and foreclosure opportunities. This course will provide the framework for understanding how to: qualify sellers for short sales; develop a short sale package; negotiate with lenders; tap into buyer demand; safeguard commissions; limit risk; and protect buyers. This course also provides elective credit for the ABR designation. Learn more. 

GRI-3 offered in Geneva on Oct. 10
Provide effective, legal and ethical client representation by enrolling in the GRI-3 Agency course. Learn more about all forms of agency representation, associated issues and proper disclosure as well as how to avoid the risk of misrepresentation, vicarious liability and breach of fiduciary duties. Learn more. 

Still need to renew your license? 
NYSAR is working with Interact CE to offer different and interesting CE courses required to renew your license. These courses are fully interactive, utilizing simulation to make learning more fun and engaging.  And, even better, the course you need to maintain REALTOR membership and the agency and fair housing courses you need for license renewal are a new NYSAR member benefit this year!  That’s right, you can take them for FREE! 
Plus, Interact CE is offering discounts for NYSAR members on other courses.  Be sure to use the discount code "SUPER" to save 24 percent on any real estate license renewal course. NYSAR has additional online professional development resources for our members as well. Learn more. 


Save on insurance coverage with Combined Insurance
Supplemental insurance from Combined Insurance offers cash payments to ease expenses when an accident or illness arises. You can also enroll in short-term disability insurance and whole life insurance. Enrollment is open year-round and no medical exams are required. Learn more. 

Your tax needs are covered with the Taxbot mobile app
Simplify tax time and maximize your deductions by tracking your expenses with the Taxbot mobile expense tracking app all year.  Members enjoy a 50 percent discount to track mileage with GPS, instantly scan and store receipts, integrate banking and credit cards, access expert tax advice and more. Learn more.


RPAC Karaoke Night, Monday, October 1
Join us for an exciting night of karaoke, costumes, auctions and more while attending NYSAR's Fall Business Meetings at Turning Stone. While registering for the Business Meetings, add RPAC Karaoke Night to your registration. Your ticket will be in your envelope at check-in onsite. Learn more.

September Auction Item: Emerson Sensi WiFi Thermostat for Smart Home
Remotely control your home comfort with smartphone, tablet, Alexa and more! Enjoy the benefits of remote access to control your home temperature and the 7-day flexible scheduling to plan ahead. Named “Best Value” in smart thermostat 2018 by USA Today’s Bidding closes on Friday, September 28. Learn more.

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% 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% 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 September/October digital edition of New York State REALTOR is now available!

Learn how to solve your tech problems with one easy phone call, understand how to implement simple steps to keep yourself safe, tips on how to be tech savvy and more in the September/October issue of New York State REALTOR magazine. Read the latest issue.
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