The multi-faceted "Cap that Tax" campaign launched by NYSAR back in April and the presence of hundreds of REALTORS during NYSAR's Lobby Day at the Capitol has resulted in victory for both NYSAR and New York's taxpayers with the enactment of a 2-percent property tax cap, passed by legislators last week.
"Tough times require tough decisions and Albany has delivered," said NYSAR CEO Duncan MacKenzie.
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In a vote of 62-0, a bill to ban the imposition or use of private transfer fees in New York State was passed by the Senate last week. This NYSAR-supported legislation was advocated for by New York REALTORS during Lobby Day in May and passed the Assembly last week by a vote of 109-1.
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NYSAR encourages you to get involved and help guide the future of your state association. Give your time, talent and expertise in assisting the association as it strives to meet the needs of its more than 51,000 members.
Members are asked to be sure they will be able to attend the association's 2012 business meetings, which are February 13-16 in Albany and September 30-October 3 in Verona before committing to serve. Please note that committee sign up will be available online only between July 1 and July 31 at NYSAR.com or by clicking here.
New York State May home sales increased by nearly 12 percent from April, but are well behind the federal tax credit fueled market of May of 2010, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price posted gains from both April and May 2010.
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The NYSAR Spring 2011 Housing Market Survey conducted by the Siena Research Institute (SRI) is now available only to NYSAR members in the Research section of NYSAR.com. This report is intended to help members better understand the views of consumers relating to the housing market. According to the report, New Yorkers' underlying faith in the real estate market remains high. New Yorkers generally believe now is a great time to buy and poor time to sell.
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The more you ship, the more you save with UPS
Take advantage of NYSAR's partnership with UPS to save as much as 30 percent on your shipping costs. To enroll, visit http://www.savewithups.com/enroll and enter NYSAR offer code NER206. Or, call 800.325.7000.
The 2011 NAR Member Profile New York Report provides insight into the demographics of New York REALTORS, their business practices, income, expenses, and office and firm affiliations.
In January, 2011, NAR mailed and emailed a survey to a random sample of 54,758 REALTORS throughout the nation. There were 371 responses from New York, which form the basis for this report.
The typical New York REALTOR completed six transaction sides in 2010, compared to eight nationwide. Additionally, REALTORS in New York had a median gross income of in 2010 of $25,100, down from $30,000 in 2009. The nationwide median gross income among REALTORS was $34,100.
For the full report, click here.
NYSAR Radio is a live, Internet-based show where legal topics are discussed and members may call in to ask questions live. The next show, covering antitrust and fair housing law, is scheduled for Tuesday, July 12, at 10 a.m. The July 26 show will cover agency. NYSAR will always replay the show the next day at 10 a.m. and 2 p.m. Listen in and see why NYSAR Radio is growing in popularity.
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On Thursday, July 21 at 2:30 p.m., join NYSAR and Pearl Insurance, our exclusive partner for errors and omissions insurance, for a webinar titled, "12 Essential Risk Management Tips for REALTORS," which will focus on ways that REALTORS can avoid claims and lawsuits. The webinar will specifically cover: agent-owned property transactions; agency issues; disclosure issues; and acting within your scope of service as a REALTOR. The most common claims that REALTORS are facing every day will also be discussed. The webinar will conclude with a brief Q&A session. To attend this webinar, you must first register for it.
NYSAR and USI Affinity are pleased to announce that NYSAR's sponsored MVP plans, administered and sold by USI Affinity, have been updated to stay current and competitive.
The new plans, effective July 1, were specifically designed to maximize your benefits, while reducing your premium. Highlights include premium reductions, a split co-pay plan, preventative services and more.
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Vice President of Fannie Mae provides an update on Fannie Mae's short sale policies and how the company is working with REALTORS to speed up the process in a special real estate industry broadcast. To view the broadcast, click here.
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