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E-News Weekly

November 21, 2020

REALTOR® NEWS

Across the Association
Learn more about how you can help someone achieve the dream of homeownership, discover what home buyers and sellers think of 2020 and how it’s not too late to make your RPAC pledge this year. Watch now!

October 2020 New York Housing Report
“As the weather gets colder, the New York housing market continues to heat up. Sales remained at higher than normal levels amid continued low inventory across the Empire State.” To view the October 2020 New York Housing Report, click here. 

UPCOMING EVENTS

MyFloodStatus Webinars
Flood zone errors and confusion are rampant and REALTORS® need to know what information they can really count on. Learn about Accurate Flood Zone Determinations and how they help you eliminate risk of liability, reduce flood insurance premiums for homeowners, buyers and sellers, and more. MyFloodStatus is hosting two FREE webinars on Monday, November 23 at 9:30 a.m. and Thursday, December 3 at 9:30 a.m. Register now!

EDUCATION

Members We Thank You!
We want to thank all the members who have provided valuable feedback this year about Zoom classes. We are happy to announce that for 2021 all classes will be held on Zoom. We are also happy to announce that we will offer our classes in 2021 as half day programs. What this means is that a one-day course will be held over two half days and a two-day course will be held over four half days. We are always looking for feedback and if you want to share ideas on how we can better serve your educational needs, please contact [email protected].

NYSREEF scholarship deadline fast approaching
The New York State Real Estate Education Foundation provides scholarships for national designation courses to active REALTORS practicing full-time in New York State. The deadline to apply is December 31. Winter scholarships are awarded in February. For more information, please visit NYSREEF.org.

Just added for December 2020
We will have 3 new classes in December. Register now while there are still seats!

Green Day 1: Resource-Efficient Home: Retrofits, Remodels, Renovations, and New Home Construction
In this course, you’ll explore what makes a home resource-thrifty, why consumer demand for these homes is increasing, and how both the homes and consumer expectations impact the market. As a trusted source of information, you’ll be able to help homeowners improve the resource efficiency of their homes from low-cost fixes and do-it-yourself projects to retrofitting and replacing systems to big-budget remodeling projects. You’ll also look at the process of constructing a new, resource-efficient home and the value you can bring to the design and build team. CE Credit: 7.5 hours

Green Day 2: Why All Clients Are Green and How to Represent Them
This course focuses on applying your knowledge of improving the resource-efficiency of homes when working with buyers and sellers. You’ll learn how to use your practical knowledge of resource-efficient, smart, and certified homes to help guide your buyer clients and help market the property of your seller clients. CE Credit: 7.5 hours

Historic Preservation 101 for Real Estate Licensees
This half-day program will provide real estate professionals with the basic information needed for listing, selling or buying older properties. We’ll explore what “historic” means, debunk myths, discuss facts about historic buildings, consider local architectural forms and styles, explain local zoning regulations and districts, as well as Secretary of the Interior’s standard. We will also discuss tax credits and other incentives available and how to present old or historic homes and buildings to potential buyers.
CE Credit: 4 hours

GOVERNMENT AFFAIRS

Senate Democrats claim victories in tight races
Democratic incumbent Sens. Jim Gaughran and Kevin Thomas (Long Island) declared victories after trailing by thousands of votes on election night. Democrat Elijah Reichlin-Melnick (Rockland/Westchester) also declared victory after trailing by more than 3,000 votes in an open seat vacated by Democratic Sen. David Carlucci. Senate Democrats now seemingly need to win two out of the four outstanding Senate races to have a veto-proof majority. The four outstanding Senate races include the Westchester seat between Democratic incumbent Peter Harckham and Republican Rob Astorino; Hudson Valley seat between Democratic incumbent Jen Metzger and Republican Mike Martucci; Capital District/Hudson Valley seat between Democrat Michelle Hinchey and Republican Rich Amedure; and Central New York seat between Democrat John Mannion and Republican Angi Renna. Learn more.

IRS proposes SALT cap workaround for small business owners
The Treasury Department and IRS said they will issue proposed regulations that will permit pass-through workarounds to allow small-business owners to skirt the $10,000 cap on state and local income tax (SALT) deductions. The workaround doesn’t apply to sole proprietorships and single-member LLCs. The proposed rules from the IRS and Treasury will clarify that the state taxes paid by the business are deductible by partnerships and S-corps when they calculate their federal income and distribute it to owners. Learn more.

MEMBER PERKS

Save up to 80 percent off at Office Depot & OfficeMax
Access over 93,000 items discounted up to 80 percent off the retail price, including office and cleaning supplies, technology items, and more. Members enjoy free next day shipping on $50+ purchases. Learn more!

RPAC

2020 RPAC Fundraising year will close on Friday, November 27
We are closing in on the end of the 2020 RPAC fundraising year and investments are down considerably, by over 20 percent. The COVID-19 pandemic hit New York especially hard during the spring and early summer, which brought the busiest RPAC fundraising seasons of the year to a screeching halt. We are now working exceptionally hard to make up for lost time. To make an investment in RPAC, please visit the RPAC page on NYSAR.com where there are several pieces of merchandise available for purchase, including a shot glass and socks that were released in 2020 to benefit RPAC. You can also visit the RPAC of New York Facebook page to place a bid on the auction items being offered in October and November. The 2020 RPAC of New York deadline is Friday, November 27 and we still have a ways to go to reach our $1.2 million goal. To view our latest board by board RPAC Derby standings, click here.

November RPAC Auctions
There will be several auction items posted leading up to our November 27 deadline. Currently, there is a Women’s Golf Club, NY Mets Tickets, tennis racquet, handmade jewelry and a TaylorMade Golf bag posted on the RPAC Facebook page. To bid on these items, visit the RPAC of NY Facebook group.

 

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Get all of the latest news at www.nysar.com. You are receiving this information as a member of the New York State Association of REALTORS®. NYSAR occasionally sends information regarding association programs and services as well as industry news to its membership. Manage your NYSAR email subscriptions. Unsubscribe from ALL NYSAR emails.

New York State Association of REALTORS®, 130 Washington Ave., Albany, NY 12210 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.


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. 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.