Greater Rochester Association of REALTORSŽ

Precisely e-Newsletter

March 16, 2015

GRAR 2015 Major Sponsors

In This Issue:

Association Updates: WSTAR Merger Approved, RCF Donates $60,000, RPAC Madness, RESPA Change Info Sessions, Accustat Report
Industry Advocacy: NAR 2015 Public Policy Focus, NYSAR 2015 Legislative Priorities, NAR Supports Manufactured Housing

Association Updates

GRAR MEMBERSHIP APPROVES WSTAR MERGER

A special Membership Meeting was held at the GRAR Agent's Fair on March 12th with the only order of business being a vote on the Membership Resolution approving the Plan and Agreement of Merger with the Western Steuben-Allegany Association of REALTORSŽ. Applications are being submitted to New York State and NAR for their final approval of the merger. For more information, see the attached documents below.

REALTORSŽ CHARITABLE FOUNDATION DONATES $60,000 TO THREE LOCAL AGENCIES

After one of the coldest February's on record, the REALTORSŽ Charitable Foundation (RCF) presented a total of $60,000 to three local agencies to aid their efforts in caring for the homeless in our community. The RCF presented $20,000 each to The Open Door Mission, The Rochester Area Interfaith Hospitality Network (RAIHN), and The House of Mercy. Read More Here

RPAC Madness Ticket Deadline is TODAY (March 16)
Fri., March 20
Back Nine Grill

ARE YOU READY TO COMPLY?
Integrated Mortgage Disclosure Rule Changes - (MBA Educational Sessions at Locust Hill)
The Loan Estimate April 23, 2015
The Closing Disclosure May 21, 2015\

ACCUSTAT REPORT: March 2015
Accustat is a service offered by REALTORŽ Dick Beers available solely for the use of GRAR Members and is not intended for public distribution. This report does not reflect the views of the Greater Rochester Association of REALTORSŽ. If you are interested in receiving the newsletter, please contact Dick at accustat@rochester.rr.com.

Industry Advocacy

NAR 2015 PUBLIC POLICY PRIORITIES

The National Association of REALTORSŽ advocates policy initiatives that promote and protect a fundamentally sound and dynamic U.S. real estate market fostering vibrant communities in which to live and work. This year, NAR will be focused on the following public policy initiatives:

NYSAR 2015 LEGISLATIVE PRIORITIES
NYSAR works to promote legislation beneficial to REALTORSŽ, property ownership and the real estate industry. We advocate before the governor's office, legislature and state agencies including the Department of State in support of legislation to make the housing marketplace stronger and our members' business more profitable. View NYSAR's 2015 Legislative Priorities

NAR SUPPORTS MANUFACTURED HOUSING

The Preserving Access to Manufactured Housing Act preserves the manufactured housing industry without deterioration of important consumer protections. This bill clarifies the difference between manufactured housing manufacturers and loan originators, and insures that low-dollar manufactured housing loans are exempt from HOEPA standards.

NAR letter supporting HR 650

DISCLOSURE:

RATES OF COMMISSIONS AND OTHER FEES FOR THE SALE, EXCHANGE, RENTAL, LEASE, MANAGEMENT, OR MORTGAGE OF REAL ESTATE SHALL BE NEGOTIABLE BETWEEN A BROKER AND HIS/HER CLIENT.