REALTORŪ Review

Greater Binghamton Association

of  REALTORSŪ, Inc.

February, 2012
In This Issue
The Review is Back!
We're in the Top Ten!
Pat Kilts Speaks
February Business Lunch
Dues Tax Treatment
Real Estate School
GBAR Trade Show

Quick Links
 

 
 
 
 
 
 
 
 
 
 








 
 
 
 
News Flash!  January GBAR Sales up 50%!
  
        As of this writing, January, 2012 Residential $ Sales Volume is up 50% over  January, 2011!  This strong performance in the Greater Binghamton residential marketplace continues a positive trend we saw begin in the 2nd half  of 2011, when sales grew at a 27% clip.
      This is great news for our market and for our REALTORS.  Keep up the great work!
 
 
 
New Members and Affiliation Changes - January 2012:
 

Please welcome the following new GBAR Member and note recent Affiliation Changes:

 

New Member:

 

Deborah Arnold -  McKinney Real Estate & Associates

 

Affiliation Changes:

  • Linda Dickinson, formerly of McKinney Real Estate, is now affiliated with Realty USA
  • Mark Dickinson, formerly of McKinney Real Estate, is now affiliated with Realty USA
  • Deatrice Elcock, formerly of Realty USA, is now affiliated with Exit Realty Front & Center
  • Tara Heiss, formerly of Exit Realty Homeward Bound, is now affiliated with Century 21 Sbarra & Wells

 

 

 

 

Contact Us:

 

Greater Binghamton Association of REALTORS

19 Jennison Avenue

Johnson City, NY 13790

607-729-6285

607-798-8246 (Fax)

executive@gbingar.com

Greetings!
The REALTORŪ Review is Back!GBAR Logo

 

Back by popular demand is the REALTORŪ Review! As many of you were uncomfortable accessing GBAR information from our website, and wanted their Association news all in one place, we have created this new version of the REALTORŪ Review for your convenience. We welcome your comments and suggestions for improvements.
 
Please note that many of the links in this newsletter will take you to various pages in the GBAR Website, to which you must be logged in in order to visit these pages.
 
I hope you enjoy the "new" Review.  If you have any comments, email me at executive@gbingar.com.
 
Sincerely,
 

Barry Arnold, Executive Officer

Greater Binghamton Association of REALTORSŪ, Inc.

 

 

Binghamton Ranked Nationally as a Top Ten Real Estate Market to Watch in 2012! 
GBAR Logo

 

Inman News has ranked Binghamton among the Top Ten National Real Estate Markets to Watch in 2012, based on median price appreciation, share of homes affordable by median income households, expected job growth and an active investor market serving the needs of Binghamton University students.  GBAR Treasurer and Member Diane White was interviewed for this article and provided a number of interesting insights into why Binghamton is the market to watch!  Click here to view the article. 
Pat Kilts Speaks at the Chamber's Economic Forecast Breakfast
Pat Kilts Speaks
 
On January 24, GBAR President Pat Kilts was a guest speaker at the Greater Binghamton Chamber of Commerce Economic Forecast Breakfast, offering her perspectives on the outlook for the Greater Binghamton Real Estate market in 2012. Said Pat, "The year 2012 is a turnaround year, and we have 400 of the most knowledgeable, enthusiastic and hard-working REALTORS right here in Greater Binghamton - call one today!""

 

Sign-up for the February Association Business Meeting and Luncheon

 

Cropped Luncheon
This month's Association Business Meeting and Luncheon will be held on Wednesday, February 8 from 11:30 to 1:30 at Brothers 2 at 2901 Watson Boulevard in Endwell. The program will be a presentation of GBAR's 2012 Strategic Plan by Executive Officer Barry Arnold. The Luncheon is generously sponsored by the GBAR Affiliate Council. Please click here view an event flyer. Click here to make your reservations on-line, or by emailing your reservation to realtor@gbingar.com, or by calling the Association Offices at 729-6285. Please make your reservations by Monday, February 6 at 2:00 pm. We hope to see you there!

 

Tax Treatment for Dues and FeesTaxes

 

For 2011, with NAR dues at $80 per member, NAR computes 26 percent or $21 to be nondeductible for the member`s income tax purposes due to NAR lobbying efforts. Please note that the entire $35 Public Awareness Campaign special assessment qualifies as fully deductible.
 
For 2011, with dues at $90 per NYSAR member, NYSAR computes $12 to be non-deductible for the member`s income tax due to NYSAR`s lobbying efforts. Membership dues are not deductible as charitable contributions, but may be deductible as ordinary and necessary business expense.
 
For 2011, GBAR dues were $173.50 in Jan. and $173.50 in July For 2011, MLS fees were $295.00 in Jan. and $295.00 in July For 2011, Supra Key fees were $99.08 in Jan and $99.08 in July.  All these Dues and Fees are tax deductible.
 
Upcoming Real Estate School Classes

 

We've got a full slate of classroom sessions offered at the GBAR Real Estate School in the coming months:
  • USPAP - Feb 23, 2012
  • Mineral Rights Valuation - Feb 29, 2012
  • GRI 401 - Get it Listed, Get it Sold - March 12 - 13
  • GRI 409 - Equal and Ethical Service for Today's Consumer - April 24 - 25
  • Quadrennial Ethics - May 1 
  • Quadrennial Ethics - August 1
  • Certified International Property Specialist (CIPS) - September 13
  • Quadrennial Ethics - October 9
  • GRI 405 - Construction and Environmental Issues - October 23.
  • Quadrennial Ethics - December 4

For a full list of classroom offerings and registration instructions, click here.

GBAR Trade Show is May 2! 
Vote for Homeownership Logo

 

The GBAR 2012 Trade Show will be held on May 2, 2012 at the Binghamton Riverwalk!  In keeping with an election year, our theme will be "Vote for Home Ownership" and focus on providing our Members with the tools and resources to be successful in today's challenging marketplace.  More information will be distributed soon, but please mark your calendars today!