REALTORŪ Review

Greater Binghamton Association

of  REALTORSŪ, Inc.

  
June 1, 2013
 Greetings!  
  
Welcome to the June 1, 2013 edition of the REALTORŪ Review!  This issue in particular is packed with important information that is a must read for all our Members, so please spend a few moments reviewing it in its entirety.  Thanks!
 
You may notice some formatting changes - we've widened the print space for each article, and moved the "Quick Links" to the bottom of the report.  We're hoping these changes will make for an easier read of the many articles and updates included in each issue.
 

As always, if you have any comments or suggestions for future issues of the REALTORŪ Review , please feel free to email me by clicking here.

Enjoy!

Barry Arnold, Executive Officer

NEW GBAR LISTING AGREEMENT

IMPORTANT!

 

New GBAR Listing Contract

Becomes Effective June 1, 2013

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Effective June 1, 2013, Paragraph 9 of the GBAR Exclusive Right to Sell Listing Contract related to the Owner`s Oil, Gas, and Mineral Rights Disclosure has been amended. This change contemplates the reality that a Seller of real property may be inclined to retain all or a portion of the mineral rights associated with a parcel and/or rights under an existing oil and gas lease.

The new, amended contract is now available on the GBAR Website under Member Forms and will be required for use for all subsequent listings. 
 
For a copy of the new contract, click here.  For an explanation of the amendments included in Paragraph 9 by GBAR General Counsel Jon Sarra, click here.  
Member News and Tips
WBNG/Corelogic Report:  Binghamton Residential
Prices up 33% in March - REALLY?
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Some of you may have caught WBNG's May 20 report and interviews with GBAR President Tommy Reid and John Farrell, in which they reported that Binghamton Residential Housing Prices were up 33% in March, according to a press release from Core Logic, our MLS provider.
  
Like many of us, your reaction may well have been, "Really?!".  In fact, it is true that in March, the Median Sell Price for our Association, including Binghamton, was actually up 41%.  Two things to note, however:
  • The Median Sell Price in March of 2012 was abnormally low ($86,000), probably due to sales of distressed homes following the September, 2011 floods. 
  • The Median Sell Price increase  for the entire 1st Quarter of 2013 is a more "normal" 4%.

In any case, Tommy and John did a great job of communicating that buyers are indeed coming back into the market.  And, in a May 29 Press & Sun-Bulletin article, Tommy further clarified the above dynamics, while celebrating the positive signs in our market

 

Click here to view the full WBNG story/interview.

New Advertising Regulations Text Released -
Effective January 2, 2014
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The text of the new advertising regulations has been released. The New York State Real Estate Board gave final approval to the revised advertising regulations at a meeting on April 24, 2013. A culmination of five years of work by NYSAR and other interested parties, the new regulations still need to go through the regulatory public notice process, including publication in the New York Register. Following publication, the new regulations are set to become effective on January 2, 2014.
  

As a part of NYSAR's ongoing effort to educate our members about the changes to the advertising regulations, NYSAR Legal Counsel Anthony Gatto, Esq. will host a live webinar on Thursday, June 20, at 2:30 p.m.  To attend this webinar, you must first register for it.

For the full text of the new regulations, click here. To listen to a recent NYSAR Radio show discussing the new regulations, click here

  
We have also scheduled NYSAR Director of Legal Affairs Anthony Gatto to brief our Membership on the implications of these new regulations on Monday, October 21, 2013,  in Binghamton.  Watch this space for more information and registration Instructions.

Martha's MLS Tips:

  

Save Time by Using the "Clone" Feature

 

Members can save themselves a lot of time when renewing a listing by "cloning" it. Here's how:  

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1.      Go to Listing Maintenance; enter the old listing number; click Search

2.      Click on the old listing number to open up the listing

3.      Click on the "Clone" button.  This will prompt you to change the price, list date, and the agent's name.

4.      When searching the agent's name only,  put in your last name and click Submit and your name will appear in the drop-down menu.

5.      Check the box if you want to clone your photos also.

6.      Then click Submit and you will be assigned a new MLS number.

 

 

Comments?  Other Suggestions?  Click here to email them to our Membership Committee for review and response.

  

Thanks!

 

 

Get the Recognition You Deserve! 
Apply for the NYSAR Honor Society!
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The NYSAR Honor Society recognizes those Members who have contributed to our industry on a local, state and/or national level.  Leadership positions, Committee Membership, RPAC contributions and Education Courses taken all count towards this prestigious recognition for your efforts in 2012.
  
Click here for a letter from NYSAR President Margaret Hartman describing the Society, and click here for your application.  Applications are due by August 16.    
Video:  NAR Mid-Year Meetings Summary
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Missed the NAR Midyear Meetings? Catch up with NAR 360, presented by the 2013 NAR Leadership Team. Click here to watch the video!
NAR Code of Ethics Centennial Celebration
 
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2013 marks the 100th Anniversary of the REALTOR Code of Ethics, the document which guides the ethical duty of all REALTORS toward their clients and customers, the public and their fellow REALTORS. 
  
At GBAR, we'll be commemorating the Centennial in a number of ways, including full page ads in the Press & Sun-Bulletin Home Marketplace Section  (click here for  a sneak preview), the purchase of commemorative posters for all our Broker Members, as well as periodic historical tid-bits in the REALTOR Review.
  
In the meantime, click here to view an NAR Video commemorating the COE Centennial.
  
Or, how would you like to see the original Code of Ethics from 1913?  You'll find its quite a bit different  from today's version - Click Here!
GBAR Activities
Lobby Day is June 11!
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Lobby Day in Albany is Tuesday, June 11, 2013! Come join us for this FREE trip to Albany to let our legislators hear REALTOR voice! For more information and registration instructions, click here!!

  

On Friday, May 31, at 11 a.m. NYSAR's government affairs staff will be hosting the free, informative webinar, "NYSAR Pre-Lobby Day Briefing and Overview." Presented by NYSAR Director of Government Affairs Mike Kelly, this webinar will cover: NYSAR's legislative priorities; lobby day expense rules and procedures; the schedule of events; and what to expect during Lobby Day. The webinar will conclude with a brief Q & A session.

 

To attend this webinar, you must first register for it.
Sign-Up Now for the June Monthly Business Luncheon!
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Sign up now for the June Monthly Business Luncheon, which will be held  on Wednesday,  June 12, 2013 at The Texas Roadhouse,  4399 Vestal Parkway East, Vestal, NY, from 11:30 am to 1:30 pm. 

 

Our program, which is generously sponsored by Tioga State Bank, will provided by Karen Matson of The Humane Society.

 

Please don't forget to bring a non-perishable item for the GBAR Canned Food Drive!

 

To view a flyer and registration instructions, click here. We hope to see you there!

  
Register Now! 
The 24th Annual J.S. Elliott Tournament of Love
June 19,2013
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Plan to join your fellow REALTORSŪ  at our 24th Annual John S. Elliott Camp Good Days and Special Times Golf Tournament on June 19, 2013.    This year's activities will again be held at the Genegantslet Golf Course.

  

All profits benefit the children and their families associated with Camp Good Days and Special Times.  Our Association supports this wonderful cause in memory of John S. Elliott - a past President of Greater Binghamton Association of REALTORSŪ, Inc.,  who also was recognized by and served on committees for NYSAR and NAR.

  

Click here for to register your golf foursome and/or to attend the post-golf Smorgasbord.  Registrations are due by June 10. 
  
Click here to advertise yourself or your organization by sponsoring a golf hole.
  
We look forward to seeing you there!
Join the Private GBAR Facebook Group!!
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Did you know that GBAR has a Members-Only GBAR Facebook Page?
 
Currently, 198 GBAR Members are members of this Grup, but our goal is to sign-up every GBAR REALTORŪ and Affiliate Member!
 
This page has been a great discussion and problem-resolution tool for those of us using it - just ask a question or make a suggestion and you'll get answers and feedback almost immediately!
 
If you are not already a Group Member, shoot me an email by clicking here, and I'll send you an invite right away. Please note - we can only sign you up using your personal page, not a business page, so please send your request from the email address attached to your personal page only. 
 
We look forward to welcoming you aboard!
 
Barry
Introducing the New York, Pennsylvania,
New Jersey and Delaware CRS Leadership Team
 
 
Some of you may know that GBAR Past President Steve Day is President Elect of the CRS New York Chapter.  Steve has sent along the photo below of the NY/PA/NJ/DE CRS Leadership Team for 2013:
  
2013 CRS Leadership
NY/PA/NJ/DE CRS Leadership TeamLeft to Right: Raul Azpiazo, President Elect, PA; Wendy Knorr, President, PA; Janelee Pfleiger, Regional VP; Nina Betancourt, President, NY; Steve Day, President Elect, NY; Debra Medley, President Elect, DE/NJ; Rebecca Boomsa, President, DE/NJ.

Register NOW!  The 10th Annual

REALTORŪ Appreciation Event is August 22, 2013 
 
The 10th Annual REALTORŪ Appreciation Event, sponsored by the GBAR Affiliate Council, will be held August 22 at the Mountain Top View, and is FREE to all GBAR REALTORSŪ!
 

For more information and registration instructions, click here.  We hope to see you all there!

Upcoming Dues and Fees
2nd Half 2013 GBAR Dues and Fees Billing Notice
Has Been Emailed to Members
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A reminder that your Association Dues and Fees Notice for the second half of 2013 has been e-mailed to you at the end of  May.  As in previous years, it includes instructions on how to access and pay your invoice on-line through our ECommerce system.

  

(NOTE: MLS Only Members have been e-mailed an invoice directly, as the online feature is not available to MLS Only Members.)

 

This dues and fees invoice must be paid by June 28, 2013 either on-line or to your Principal Broker in order for you to remain an active Member of our Association and MLS.

   

Please note that this is a preliminary notice - payments cannot be accepted until the Official Notice Regarding Association Dues and/or MLS Fees email is sent and received by you.

 

 

Finally, now is the time to take care of any outstanding invoices that you have or your dues and fees payment cannot be accepted.

 

 

Thank you!

 

Barry Arnold, Executive Officer  

Considering a Leave of Absence from GBAR?
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If you are considering requesting a leave of absence from GBAR please be advised that the letter stating this request must be received at the Association Office on or before June 12th As stated in GBAR Bylaws these requests need to be presented to the Board of Directors.  Any questions should be addressed to Barry Arnold, Executive Officer at 729-6285.

Article VI Section 6:

 

            (e) The Board of Directors may grant a leave of absence for a REALTORŪ Member, for a reasonable length of time, upon receipt of request from said REALTORŪ Member, based on a serious health condition that would make it impossible for said REALTORŪ Member to participate in the normal activities of listing and selling real property in the area covered by the Greater Binghamton Association of REALTORSŪ, Inc.

 

 

 Thank you.

 

 

 

Supra Lock Box Key Invoices Sent May 26

Payable by July 1 

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Supra invoiced GBAR Agents for their ActiveKEYs and eKEYs on May 26, with these invoices being payable by July 1.  
  
For detailed information on the invoicing process, on-line access to your account, a summary of fees and due dates, please click here.
  
If you have not received your invoice by email or mail by early June, please contact Supra at 877-699-6787.
  
IMPORTANT! 
  

If you plan to discontinue using your Supra Key or are leaving GBAR at the end of June, help the Association Office with record keeping and turn in your Supra Active Key and charger to the office before June 25. If the equipment is not returned by then, you may still owe the Supra System Fee for July 1, 2013 through December 31, 2013 even if you are no longer using the KeyBox System, or have discontinued GBAR membership. If Active Key chargers are not returned at all, Supra may bill up to $250.00 per item.

 

If you are discontinuing use of the Supra Active Key or are not paying July's Supra Invoice, you must also turn in all leased KeyBoxes immediately. You will be billed for as much as $95 per box for unreturned Boxes.

 

To access Supra Billing Information 24 hours a day, 7 days a week, go to https://supraweb.suprakim.com. Or call (877) 699-6787 to speak to a Supra Support Specialist.

New Members
New Members - May, 2013
 
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Please join us in welcoming the following New GBAR Members approved at the May 21, 2013 Board of Directors Meeting:

 

New REALTORŪ Agent Members:

  • Jeannette Gonya, Realty USA
  • Gina Kane, Century 21 Sbarra & Wells
  • Albert DiLuzio, McKinney Real Estate
  • Krista McIntosh, Exit Realty Homeward Bound
  • Leala Landsman, Realty USA
 
GBAR Real Estate School
Register Now for 2013  GRI and ABR
Designation Courses in Binghamton!
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For those of you interested in taking Designation Courses in Binghamton in 2013, I am pleased to confirm the following courses, instructors and dates:
  • ABR-R - Randy Templeman - September 23 and 24
  • GRI 402 - Jim Braman - October 7 and 8
  • 

To register, click on the course you wish to take to access course information and registration instructions, which is done directly through NYSAR.

Big Discounts on Online CE Courses Available!
CE Shop Promo - June 2013  

 If you're looking for CE Credit, there's no better place than The CE Shop!  All New York CE courses are now offered with a 20% discount by using promotional code JUNE20 through the end of June.  And Pennsylvania courses are offered at a 25% discount using promotional code GBARINPA.

 

 Click here to visit The CE Shop and sign-up now! 
GBAR Committees

GBAR's Global Business Alliance Committee

Meets with Brazilian Visitors

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The Greater Binghamton Association of REALTORSŪ recently hosted two members of the Rotary International Group Study Exchange. GBAR Global Business Alliance Committee Members Steve Day (Chair), Diane White, Karen Templeman, Diana Nogaret, Sandy Stebelton, Kay Graves, Fred Lawrence and Barry Arnold had an opportunity to sit down and talk with Juliana Machado Sorgi and Regina Guedes Dutra, both businesswomen from Londrina, Brazil.
 
For a detailed report of the meeting, compiled by Fred Lawrence, click here.  Our thanks to Fred for his fine efforts!
Interested in Being GBAR Treasurer Next Year?
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Some of you may know that Diane White, our current GBAR Treaurer, will be stepping down from this responsibility at the end of 2013.  As such, the Board of Directors would like to hear from any GBAR REALTOR Member who would be interested in taking over the Treasurer's Role in 2014.    You do not need to be a member of the Board of Directors to be Treasurer.  So if you have the background and interest in this important GBAR position, kindly email Diane by clicking here.
  
Thank you!

Join the Finance Committee and

Help Build the 2014 GBAR Budget

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In July, the GBAR Finance Committee will begin building the 2014 GBAR Budget.  Got a knack for numbers?  Click here to email Finance Chair and Treasurer Diane White to indicate your interest.   It's a great way not only to contribute to your Association, but to learn more about how it works, inside and out.  Contact Diane today!  
 Join a GBAR Committee! 
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Thank you to the following GBAR members who have volunteered their time to Chair GBAR Committees and Sub-Committees in 2013.  If you'd like to join a Committee, click on the relevant Chair name(s) below to send them an email and volunteer!

 

Thank you to all our Volunteer Leaders.  They look forward to welcoming you to GBAR Committee Membership and Service.

GBAR Statistics
10K Marketing GBAR Monthly Statistics - April, 2013
 
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Click here to review the April, 2013  10K Marketing Monthly Statistics for GBAR.

10K Marketing NYSAR Monthly Statistics - April, 2013 

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Click here  to review the April, 2013   10K Marketing Monthly Statistics for NYSAR.
"The Skinny" 
NYSAR's Monthly Housing Market Video for April, 2013
 
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Click here to view "The Skinny", NYSAR's Monthly Housing Market Video for April, 2013.  
Quick Links
 
GBAR 2013 Strategic Plan      GBAR 2013 Budget              GBAR Calendar
  

GBAR Website                                 Innovia MLS                           Member Forms
 
Monthly Statistics                       NAR Website                            NYSAR Website
 
NYSAR Market Memo                Real Estate School               REALTOR Review Archives

Contact Us:

 

Greater Binghamton Association of REALTORSŪ

19 Jennison Avenue

Johnson City, NY 13790

607-729-6285

607-798-8246 (Fax)

executive@gbingar.com