New legislation now requires all homeowners receiving a
Basic STAR exemption to register with the New York State Tax Department in
order to receive the exemption in 2014 and subsequent years. Homeowners will
not have to register in order to receive their 2013 STAR exemptions and will
not have to re-register every year. Based on the information provided in the
registration process, the Tax Department will monitor homeowners’ eligibility
in future years.
Registration started on August 19, 2013 and will continue through December
31, 2013. Click here to register.
Driven by strong buyer activity, both closed and pending
sales jumped by more than 19 percent across New York State in July compared to
a year ago, according to the housing market report released by the New York
State Association of REALTORS.
Click here to learn more.
Privately-owned housing starts in July were at a
seasonally adjusted rate of 115,000 for the Northeast, up 40.2 percent from the
revised June total of 82,000, according to data released by the U.S. Commerce
Department.
Click here to learn more.
Last week, the Riverdale Press published a story on the continuing effort to pass Intro. 188, the Fair Cooperative Procedure Law, pending before the New York City Council. NYSAR past President Susan Goldy was interviewed and expressed the REALTOR community’s strong support for increased transparency in the cooperative application process.
For the full text of the article, click here.
Join
the Broker Involvement Program and take action on critical legislative issues
affecting our industry and your bottom line. Right now there are proposals
pending before Congress and the New York State Legislature that will impact
your ability to do business.
For more information, visit the REALTOR Action Center at www.realtoractioncenter.com or click here.
In
order to further clarify the opinion on "corporate titles" issued in April, the
Department of State has issued an additional opinion letter. The additional
opinion letter answers a number of questions posed by brokers about what types
of "titles" a broker may confer on a licensee associated with the broker that
are not corporate in nature. Essentially, the additional letter
reiterates what the April opinion stated.
Only a licensed broker (not an associate broker or salesperson) can possess a
corporate title. A corporate title contains any of the following terms:
President, Vice President, Secretary, Treasurer, Director and Manager (except
for associate brokers acting as an "office manager" pursuant to Real Property
Law section 440(6)). The use of other titles is permitted so long as they
are not misleading to the public.
Click here for more information.
The
Tuesday, September 3, NYSAR Radio show will take cover the topic of fair
housing. Tune in at 10 a.m. on
September 3 on your PC or Mac by using the
player on the NYSAR Radio page. You
will need to be logged in to listen. If you have not yet created your account with
the website, you will need to click on "New User" on the Member Login
page and follow the prompts.
Click here for more information as well as a
list of links to play NYSAR Radio from any of your mobile devices.
The New York State Association of REALTORS will hold
its annual Fall Business Meetings from September 29 to October 2 at the Turning
Stone Resort & Casino in Verona, NY. NYSAR encourages all members to participate
as many of the sessions do not require official committee service.
For more information or to register for the meetings, click here.
Accredited
Buyer Representative (ABR) Required Course– will be offered September 9-10 at
the Elmira-Corning Association of REALTORS in Corning. This course will teach
you how to become an efficient and profitable buyer’s representative by
providing the quality of service and degree of fidelity today’s buyers expect.
Click here for more information or to register.
"Global
Real Estate: Local Markets" and "Global Real Estate: Transaction Tools" –
Certified International Property Specialist (CIPS) courses – will be offered
September 11 and 12, respectively, at the REALTOR Service Center in Woodbury,
NY. The CIPS designation gives you the knowledge and expertise to conduct
business with those from other countries and cultures.
Click here for more information or to register.
REALTOR Institute 407 – "Building Your Real Estate
Practice" – will be offered at the Bronx-Manhattan North Association of
REALTORS in Bronx, NY on September 11. This course will increase your
productivity, help you retain more of your income and reduce your risk with
tips from the nation’s top producers.
Click here for more information or to register.
Short Sales and Foreclosures (SFR) – "What Real Estate
Professionals Need to Know" will be offered September 12 at the Dutchess County
Association of REALTORS in Poughkeepsie, NY. This course will provide you with
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.
Click here for more information or to register.
TransUnion
SmartMove is an easy, comprehensive and reliable web-based tenant background
check offering access to a full credit report, criminal report, customized
leasing recommendations and suggested deposit amount to request at lease
signing. The trusted brand’s process is all online and you pay only when you
use it with no set-up, minimum or annual fees.
Click here to learn more.
Bidding will close today at 5 p.m. on a rare, second auction item – a pair
of VIP New York Jets vs. Philadelphia Eagles pre-season football tickets,
including VIP parking. Seats are on the Club level with access to several VIP clubs
including the Lexus Club. The game is on Thursday, August 29, at 7 p.m. at Met-Life
Stadium, East Rutherford, NJ.
Visit the RPAC of New York
Facebook page or contact NYSAR Political Affairs Coordinator Derick King at
518-463-0300 x238 or dking@nysar.com to
submit your bid.
Register
now for RPAC’s "Monday Night Fever – A Flashback to the 1970s" fundraising
event, happening Monday, September 30, from 7-11 p.m. at the Turning Stone
Resort and Casino in Verona, NY. Tickets cost $50 each and will be applied
toward your 2013 RPAC investment total. Click here for more information.
Join your colleagues from
across the Metro region for an elite RPAC experience at Modell’s Clubhouse at
Citi Field for the New York Mets vs. Washington Nationals game on Tuesday,
September 10. The
RPAC experience at Modell’s includes: a ticket to the game and private access
to the Modell’s Clubhouse; the ballpark buffet; and private bar service with
complimentary beer, wine and soft drinks. *This
RPAC event is open to the members of NYSAR’s Metropolitan Region including:
Bronx-Manhattan, Brooklyn, Long Island, Manhattan and Staten Island.
For complete details and registration instructions, click here.
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