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- LIRealtor.com
1910 – 2005 95 YEARS OF EXCELLENCE Long Island Board of Realtors PRESORTED STANDARD U.S. POSTAGE PAID LIC NY 11101 PERMIT NO. 808 DECEMBER, 2005 SPECIAL POINTS OF INTEREST • LIBOR REACHES RPAC GOAL . . . . . . . . PAGE 1 • OPTIONS FOR KEEPING YOUR MLSLIREALTOR.COM ADDRESS . . . . . . PAGE 3 • REALTOR RECOGNITION AWARD RECIPIENTS . . . . . . . . . . . . . . . . . . . . . . PAGE 12 MLS 2005 LEADERSHIP SPECIAL CENTER PAGE PULL OUT THE ® CIRCULATION 26,000 The Voice for Real EstateTM OFFICIAL PUBLICATION OF THE LONG ISLAND BOARD OF REALTORS®, INC. www.mlsli.com™ 2006 Leadership Gets Installed and REALTOR® Recognition Awards Presented at Annual Gala By Tricia Chirco Marketing and Communication Director On Thursday, November 17, 2005, the Crest Hollow Country Club hosted the annual LIBOR/MLS Installation Gala and Dinner Dance with Joseph Mottola, Chief Executive Officer, assuming the role of Master of Ceremonies over the event. This event serves as the forum for announcing Realtor® Recognition Award recipients such as the prestigious REALTOR® of the Year and REALTOR® Salesperson of the Year, as well as providing the opportunity to install newly elected LIBOR and MLS leadership. The first award of the evening was the presentation of the prestigious Realtor Broker of the Year award. Barbara Frechter, the 2004 recipient of this award, presented Ralph Bove of Prudential Douglas Elliman noting, “Ralph Bove may be very proud that he is the 2005 Realtor of the Year but frankly we are very proud that Ralph Bove is one of us.” Ralph Bove has been in the real estate industry for over 26 years. He brings with him a tremendous background stemming from his original perspective as an agent, up to a Corporate Officer of one of the largest firms in the country. His experience with MLS, LIBOR, NYSAR, and NAR reveals a broad range of interests and contributions. Bove served as the MLS President in 1994 and in 2000, he served as the President of LIBOR. Seibert Robinson of RE/MAX Elite Realty in Jamaica was named 2005 Realtor Salesperson of the Year, but due to a previous commitment, Robinson was unable to attend the Gala and was presented with the award during the Appreciation Breakfast held on November 8th at the Milleridge Inn. Bert has been in real estate since 1988 and began serving the Board in a leadership role in 2001. He was the recipient of the LIBOR Distinguished Service Award for the Jamaica Central Chapter in 2004. Frank Urso presented the 2005 REALTORS® MAKING A DIFFERENCE – ...SEE PAGE 10 Community Service Award to Rita Bender. Rita’s community involvement is extensive, and includes organizing a Habitat for Humanity home in Huntington Station and chairing a fundraiser dinner at the Elks Club to benefit Habitat for Humanity. She has also organized & chaired the fashion show featuring Fashions by Saks Fifth Avenue at Oheka Castle to benefit Huntington Hospital. The 2005 Realtor-Affiliate of the Year Award was presented to Denis Miller of Denis A Miller, Insurance by the 2004 recipient Cathy Nolan, Esq. of Goldson, Nolan, Connolly, P.C. LIBOR Past President, Mel Farkas received the Past President’s Award. The 2003 recipient of the award, Patricia Levitt did the honors of presenting Mel with his award. Mel said “Being LIBOR President was the best thing he ever did in his life.” Lee Testa was named as the 2005 recipient of the Lifetime Achievement Award. Last year’s recipient Marie Costello presented 2006 MLS President Christopher Armstrong is pictured here being installed by John Rouse, Esq., Town of Brookhaven Superintendent of Highways. LIBOR President Marian Fraker-Gutin is pictured here placing the 2006 LIBOR President's Pin on incoming President Gilbert Picard. him with the award. When Lee spoke about his lifetime of achievements, he gave special thanks to his wife, Ruth, who has shared his life with him for over 50 years. Jim Netter was named as the recipient of the 2005 MLS Executive Committee Service Award. 2005 MLS President, Daniel Ryan thanked Jim for all his service and input while serving on the MLS Executive committee. After much dancing and some eating, incoming MLS President, Christopher (Continued on page 9) LIBOR Reaches 2005 RPAC Goal! and broker orientations, fundraisers, dues collection and sweepstakes. We can’t stop now. Our 2006 goal LIBOR is proud to announce that we is $390,000 based on an average of have reached our 2005 REALTORS® $15.00 from each of our 26,000 members. Political Action Committee (RPAC) goal Unfortunately not everyone contributes to RPAC. If you conby collecting $333,703 in tribute to RPAC regucontributions throughout larly — we thank you. the year. This is the most But that is not enough — RPAC dollars ever collectplease spread the word ed in a single year in the to your fellow REALhistory of LIBOR. In addiTORS® about the value tion there were 6,527 conof contributing. If each of our tributors to RPAC during members contributed — we 2005. In comparison — could surpass our targeted during 2004 — LIBOR colgoal. 2006 will be a vital year lected $258,847 with 5,944 for RPAC contributions so we contributing to RPAC. can continue our fight for a RPAC Chairperson Pat LIBOR RPAC Levitt managed a winning Chairperson Pat Levitt much needed Commission team of her dedicated com- proudly displays the 2006 Escrow Act bill. With each passing day — mittee members, the enthuRPAC results. more and more REALsiastic LIBOR/MLS directors and leaders and the thousands of gen- TORS® now recognize the importance of erous brokers and agents alike who made contributing to RPAC annually. These contributions allow REALTORS® to prothis goal a reality. We stressed the benefits and impor- tect our industry by supporting legislators tance of contributing to RPAC at every who support REALTORS® and the real opportunity throughout the course of the estate industry. Please contribute today — year including: chapter events, new agent it is your best investment in real estate. By Randy L. Kaplan Director of Government Affairs $333,703 REALTORS® Political A c t i o n Committee THE REALTOR® ● December 2005 ● 2 Mlslirealtor.com Email Addresses — You Spoke, We Heard As was previously published, your @mlslirealtor.com email addresses are scheduled to be discontinued on January 30, 2006. At that time, the link on Stratus‚ Info Center, My Email, will also be discontinued. (See a partial reprint of the article on page 16.) MLS has received a number of requests from agents wishing to continue using their @mlslirealtor.com email address. To enable this, MLS is in the process of negotiating a deal with Internet Crusade that will allow individual Participants and Agents to continue using their @mlslirealtor.com email address for a small annual fee. Agents wishing to continue using the @mlslirealtor.com email address will have the opportunity to subscribe to this optional service directly from Internet Crusade. At that time, Internet Crusade will take over the support of their @mlslirealtor.com email address. The options available through Internet Crusade will include the following: 1) Continue to receive emails sent to your @mlslirealtor.com email address by having it forwarded to any other email accounts(s) that you wish such as AOL, Yahoo, Optonline, etc. 2) Keep your @mlslirealtor.com email address and Internet Crusade will host it for you. This would be similar to Stratus email where you can check it from any computer with internet access. You will also be able to use Outlook or any other email client with this package. 3) Purchase your own domain name such as MyCompany.com or JohnDoe.com and use it rather than the @mlslirealtor.com email in the above examples. This service through Internet Crusade is the only option available to continue using your @mlslirealtor.com email address after January 30, 2006. After this date, My Email will be removed from Stratus‚ Info Center and your @mlslirealtor.com email address will no longer be available. Details of the Internet Crusade offering will be on Stratus News in the near future. In addition there will be a Q & A posted which will address all questions received at MLS regarding the discontinuing of the @mlslirealtor.com email addresses. Senator Balboni Signs onto Commission Escrow Act Bill Only Five Holdouts from LIBOR’s Region Remain By Randy L. Kaplan Director of Government Affairs New York State Senator Michael Balboni (R-Garden City Park) recently became a cosponsor of the Commission Escrow Act bill. There are now only two members of the New York State Senate and three Members of the New York State Assembly who have yet to sign on as cosponsors of the bill from the LIBOR region. The legislation (S.193/A.3395) will allow disputed real estate commissions to be placed in an escrow account until the matter can be resolved. Recently the New York State Bar Association (NYSBA) agreed to support our residential-only commission escrow bill. Originally we were under the impression that NYSBA would only take a “neutral” position because we did not agree to sunset the law. But the NYSBA said our agreement to review the bill two years after it becomes law will satisfy its desire for a sunset. Now — we are currently in the process of finalizing the actual text of the new proposal with NYSBA. We will then seek to amend our existing bills (S.1923/A.3395) sometime in January. The bill does not need to be reintroduced in the Legislature nor do the cosigners need to re-sign. A copy of the amended bill will be presented to all the current cosigners. The Commission Escrow Act garnered much support in 2005. A total of sixty-eight majority members in the Assembly and twenty five majority members in the Senate have signed on as sponsors of the Commission Escrow Act. This is the highest level of co-sponsorship in the history of this proposal. LIBOR’s Legislative Division and Commission Escrow Act Subcommittee team will continue to try and obtain the support of the remaining two Senators and the three Members of the Assembly who did not yet sign onto the bill as cosponsors. The way politics works in the New York State Legislature is clear-cut — a minority member of the Assembly or the Senate cannot become a cosponsor on a majority member’s bill. However, many of the legislators who are not cosponsors have already expressed their support for the bill when it comes up for a vote on the floor of the Senate and the Assembly. We can’t stop now - we need your help. Just because the 2005 legislative session has ended doesn’t mean that our fight has ended. In order to be successful with a Commission Escrow Act bill next year — we must continue to spread our message to each and every legislator at the local and state levels. Despite the fact that LIBOR reached its 2005 RPAC goal — all REALTORS® must continue to raise additional RPAC dollars in 2006 as we need to support legislators who support REALTORS®. Please tell every REALTOR® you know to make sure they contribute to RPAC today — so you can protect your hard earned commission dollars tomorrow! Habitat House Ready for Christmas Occupancy ................................................Page 3 Realtors Reaching Out to Those in Need ......................................................Page 10 Great Achievements in 2005 ......................Page 4 Realtor Recognition Award Recipients ....Page 12 Traditional Way of Business is a Thing of The Past ................................................Page 6 MLS 2005 Leadership Special Color Pull Out ............................................Pages 14-15 2005 WCR Highlights ................................Page 8 2005 — A Year to Remember..................Page 16 Schedule of Chapter & Division Events......Page 9 Capture More Listings Online ..................Page 18 Last Realtor Volunteer Day — December 16th Dedication and Open House — January 20th By Tricia Chirco Marketing & Communication Director The water lines are now in place, the side walk has been poured, and all that is left to complete on the Realtor® sponsored Habitat for Humanity House is some interior touch up and landscaping. The final Realtor® Volunteer work day has now been scheduled for Friday, December 16th. Approximately twenty five volunteers are needed to complete the construction on this house and to help get the Fowler family into their new home for Christmas. Anyone interested in helping that day should contact Christina at 631-661-4800 Ext. 358. The Dedication Ceremony for the Habitat home located in Central Islip has been scheduled for Friday, January 20th at 11:00 am. All Realtor® members and volunteers are welcome to attend the dedication on that day and take a tour of the home. Some members have expressed an interest in attending the ceremony and bringing along a house warming gift for Tim and Candace. All house warming gifts are welcome and in response to that we are in the process of organizing a gift registry that will be placed on the REALTOR ONLY web site over the upcoming weeks to avoid any “duplicates.” This project has been a huge success in so many ways. Thanks to the commitment on behalf of the Long Island Board of REALTORS®, Inc. and all the volunteers that helped build this home, Realtors® have made the dream of homeownership come true for one more family. Inside This Issue 2006 MLS & LIBOR Leadership Installed ..Page 1 $333,703 Raised for RPAC ........................Page 1 Realtor Oppose Tax Plan...Undermines Homeownership ........................................Page 3 Internet Crusade Offers Email Options ......Page 3 Commission Escrow Act Bill Gets Endorsement from Senator Balboni ..........Page 3 This & That ..............................................Page 19 RPAC — WE DID IT!!!!............................Page 20 Cast Your Vote for Barry or Angie... Counselor's Comments............................Page 21 Ethics This Month ....................................Page 23 Computer Training Schedule and Professional Development Classes ....Pages 24-25 THE REALTOR® representatives to oppose these tax proposals or the current tax benefits associated with homeownership will be greatly reduced. These proposed changes are bad ● their investment for retirement is tied to the equity consumers have in their homes.” Marian continued, “We urge all Long Islanders to contact their Congressional December 2005 LIBOR President Marian Fraker-Gutin recently appeared at a press conference opposing the devastating tax plan to reduce the home mortgage deduction. Pictured from left to right are: Legislator Diane Yatauro (D-Glen Cove); Lisa Tyson, Director of the Long Island Progressive Coalition; Legislator Dave Denenberg (D-Merrick); LIBOR President Marian Fraker-Gutin; Presiding Officer Judy Jacobs (D-Woodbury); Nassau County Comptroller Howard Weitzman; Legislator Jeffrey Toback (D-Oceanside); Legislator Dave Mejias (D-North Massapequa); Merrick Homeowner Audrey Ciuffo; and Legislator Craig Johnson (D-Port Washington). ● The over 1,000,000 REALTORS® across the nation continue to vehemently oppose any attempt to alter the current tax treatment of mortgage interest and property tax deductibility. The REALTOR® association believes that the Presidents’ Tax Reform Panel proposed tax changes are illconceived and would undermine homeownership opportunities. LIBOR President Marian Fraker-Gutin recently appeared at a press conference with the majority of the Nassau County Legislature. She declared, “The housing industry, which has driven and sustained the economy for the last five years, could be seriously impacted by the proposed tax reforms. By reducing the deduction on mortgage interest and property taxes, as well as state and local taxes, the financial stability of many Long Island families could be grossly compromised. Moreover, consumers’ nest eggs will be jeopardized because much of for buyers, harmful to sellers, and hurtful to families. It is potentially devastating to our local economy when you consider all the goods and services that local businesses provide to homeowners.” The National Association of REALTORS® (NAR) urges that real estate be recognized as a long-term investment, so the tax system should reflect the stream of income and expenses associated with long-term investments. Deductions for the amount of the purchase price and the loss of interest deductions are ill-advised for real estate investments. NAR also urges that the president and Congress preserve the deduction for state and local taxes, including property taxes. We will continue to monitor any developments and we will advise you when to communicate this opposition to your Member of Congress. 3 REALTORS® Continue to Oppose Devastating Tax Plan By Randy L. Kaplan Director of Government Affairs 718-441-5800 718-464-5800 94-11 Jamaica Avenue Woodhaven, NY 11421 219-21 Jamaica Avenue Queens Village, NY 11428 4 REAL ESTATE www.eratopservice.com THE REALTOR® ● December 2005 ● ERA TOP SERVICE REALTY ERA TOP SERVICE Recognized as the #1 ERA Company in Queens/Long Island/Brooklyn Become part of this winning team with 2 Dynamic Offices! ERA TOP SERVICE • Major Advertising & Marketing Programs! • • Fabulous Back-Office Support! • • Outstanding On-going Training Programs! • • Unique Listing & Selling Tools! • • Ultra-Modern Hi-Tech Office Operation! • NEW! CAP Advantage Tax Deferred Pension Program Available* *(Certain terms & condition apply, check with broker for details) Call Nick Gomez today at 718-464-5800 or 718-441-5800 ® OFFICIAL PUBLICATION OF THE ® LONG ISLAND BOARD OF REALTORS , INC. 300 Sunrise Highway, West Babylon, NY 11704 (631) 661-4800 (718) 739-8700 Long Island Board of REALTORS® 2005 Officers Website: www.mlsli.com™ Email: [email protected]™ Marian Fraker-Gutin—President Gilbert Picard—President-Elect Marily Urso—Vice President—Nassau Linda Bonarelli—Vice President—Suffolk Walauddin Hoosein—Vice President—Queens Mohsen Zandieh—Treasurer Michael Mendicino—Secretary Joseph E. Mottola—Chief Executive Officer Publisher—Joseph E. Mottola Editor—Patricia Chirco Editor’s Assistant—Christina DeFalco PRODUCTION, PRINTING & ADVERTISING DSI Design Group, 252 Sea Cliff Avenue, Sea Cliff, NY 11579 516-676-6089 Fax 516-676-4769 Christopher Meadows, President Advertising Sales: Christopher Meadows 516-676-6089 Marian Fraker-Gutin, President, LIBOR Dan Ryan, President, MLS Elise Williams, WCR President CONTRIBUTORS Howard Goldson, Esq., Goldson, Nolan, Connolly, P.C. Randy L. Kaplan, Director Government Affairs Tony Smith, Chairperson, Professional Standards Committee The Long Island Board of REALTORS® is a non-profit organization formed for REALTORS® for the betterment of their communities, their profession, and their livelihood. The REALTOR® is published by the Long Island Board of REALTORS®, located at 300 Sunrise Highway, West Babylon, NY 11704, and is published monthly, except for combined issues in January/February and July/August. Application to mail at periodicals postage rate is pending at Babylon, New York. POSTMASTER: Please send address changes to: The REALTOR® 300 Sunrise Highway West Babylon, NY 11704 REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict code of ethics. President’s Message By Marian Fraker-Gutin LIBOR President importance to Realtors, our Dear Fellow Realtors, clients and customers (re: As we come to the close of private property rights). Our 2005 we all have a great deal support comes from our to be thankful for. This has RPAC contributions been a noteworthy year for (Chairperson, Pat Levitt). LIBOR members and for me This year we have set a new personally. When I was record and made our goal of installed, I told you how hon$333,000. The Committee ored I was to serve as your and staff should be congratuPresident and that I planned to lated on this accomplishment place the emphasis in 2005 on and a heartfelt thank you to you the “member.” With so all of you members that many dedicated volunteers made a RPAC contribution. and our outstanding staff we “Dedicated volOur REALTOR paper, our have made great strides as an Association in maintaining unteers and our internet based REALTOR Online, and our numerous that focus on our everyday outstanding “pop-ups” on Stratus high“business.” LIBOR’s role is staff have made light important issues and primarily to serve the interests of its members in areas of great strides.” information. Communication is a critical component of Education, Political and Legislative advocacy and Ethics LIBOR’s efforts to keep you in the loop of (Professional Standards). In each of these what’s happening. We work closely with areas we saw growth and significant success. the media to help present Realtors in the In Education (Chairperson, Marilyn best possible light as being essential to the Urso) we were able to expand our capacity real estate transaction. Our MLS continues to grow with over at the Education Conference, which resulted in, not only being “sold out” but with 2,600 offices and 2,300 firms. Dan Ryan greater attendance and more exhibitors. has done an outstanding job as President We increased Buyer Brokerage courses this year and spearheaded the service into and scheduled more Senior Real Estate the coming years. At the recent “Tech Fair” Specialists courses in response to the mem- it brought members information on the latbers needs in today’s market. We also held est technological tools to make you more a very well attended Fair Housing Seminar. professional, productive and profitable. We are the largest board in the country In Ethics (Professional Standards Chairperson, Tony Smith) we increased the and it takes the effort of a lot of people to availability of programs to enable agents to keep it energized and relevant. To all of fulfill their obligations and increased our you who contribute your time and effort, I efforts to mediate commission disputes thank you. To make you aware of whom rather than having parties go to arbitration, these volunteers are we published in June where the decision is made by others rather a special pull out in the REALTOR paper than themselves. A special effort this year for LIBOR volunteers and this issue conwas made to upgrade our training of tains the pull out for MLS volunteers. Professional Standards panelists and Thank any and all of your fellow Realtors Chairpersons in a quest to insure the best who contribute to you the “member”. Maybe in 2006 you might consider volunpossible service to our members. Our political and legislative advocacy teering your time it can be very rewarding. A very special thanks to our great sup(Chairperson Audrey Livingstone) efforts focused upon getting the Commission porting staff (led by CEO Joe Mottola) Escrow Act through the Legislature that is always there when we call. Our (Chairperson, Carol Gallo-Turschmann). staff that works closely with your leaderWhile we did not get it through yet, we ship and the members to help you become were successful through the efforts of successful in your business. In closing, I thank you again for allowNYSAR in having the State Association remove their objections and even agree to ing me to serve you and be your support it in their upcoming session in President. Have a happy and healthy holiday and a prosperous new year! January 2006, stay tuned! What materially helps our legislative efforts is our ability to financially support legislatives that are supportive of issues of 5 ● STATEN ISLAND BROOKLYN To join the most recognized real estate sales organization in the world3, call 1-800-537-8108 or visit www.century21careers.com Please disregard if you are under any contractual relationship that would prohibit you from becoming a CENTURY 21 SALES associate. 1 New York State Department of State, Division of Licensing Services. 2Sales data information from Century 21 Real Estate LLC for the period from 1/1/2004 through 12/31/2004 for all offices located in New York City and Long Island. 3Source: 2003 Ad Tracking Study. The survey results are based on 1085 telephone interviews (via computer assisted program) with a national random sample of adults (ages 25-54) who have either bought or sold a home within the past two years or plan to purchase or sell a home within the next two years. The sample size for questions referring to future consideration is based on 618 respondents who plan on buying/selling a home within the next two years with a margin of error of +/- 3% at 90% confidence level. Brand and Advertising awareness questions are based on a sample of 1085 respondents with a margin of error of +/-2% at 90% confidence level. The study was conducted between February 2nd-August 9th, 2003 by Millward Brown, a leading global market research organization. ©2005 Century 21 Real Estate LLC. ® and SM are licensed trademarks to Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Independently Owned and Operated. THE REALTOR® MANHATTAN ● •OVER 4,000 LICENSED REAL ESTATE PROFESSIONALS!1 •144 OFFICES IN NEW YORK CITY AND LONG ISLAND! •GENERATED OVER $7.5 BILLION IN SALES!2 December 2005 Expect Results From The leaders in Real Estate. 6 ● December 2005 ● THE REALTOR® LIBOR NEWS NEWS LIBOR Executive Planner From Where I Sit MEETINGS & EVENTS: For more details & information, please call the LIBOR Staff Liaison listed below. For special events & chapter information, contact Connie Aiello at 631-661-4800, ext. 361. by Joseph E. Mottola, GRI NEW!! LIBOR members only may now prepay by credit card ON-LINE! Click on: www.mlsli.com/chapterreg/registration.asp. VISA, MASTERCARD, AMEX & DISCOVER accepted only for PREPAID reservations for LIBOR members only. Chief Executive Officer, LIBOR/MLS DECEMBER 2005 In 2005, the U.S. Justice Department its own however, establish a company seemed to be in the real estate news more policy on the terms and conditions that so than in prior years. What’s going on? they will cooperate (or not) with other Well, at a minimum, they filed suit firms. Let’s be perfectly clear here. Violations against the National Association of Realtors (NAR) over some of NAR’s of the anti-trust laws can mean going to policies pertaining to the Internet display jail plus fines as a potential part of the “penalty package.” Both the LIBOR and of listings. MLS Boards of Directors The real issue which I are well aware that any believe will really flourish such discussion about in 2006 is the emergence of alternative business moddifferent business models “The reality in the real estate industry. is that there is no els and changes in the industry can in no way go There are some Realtors longer a down the road of “what who thrive on change and can we do about this?” others who are threatened ‘traditional’ It’s the marketplace by it. Inevitably change way…of doing which will ultimately brings stress as we are business.” determine which new forced to adapt to new business models will sucforms of competition and ceed (and thus be imitatthe requirement to coopered) or will fail because ate with these entities since they do not provide quality services to it’s in the best interest of our principals. The changes and especially those the buying and selling public. LIBOR will be working this year to involving different methods of compensation by principals and different methods raise your level of awareness on this critiof cooperation with other Realtors are fre- cal area as well as other areas which we quently perceived as threats to the “tradi- see as endangering you and your agents if tional” way of doing business. The reality you are not fully aware of the various laws is that there is no longer a “traditional” and requirements. We’re looking to put way in as much as there are already many together a Risk Management Conference different business models as brokers and next year where a broad range of critical issues can be presented to you. firms compete in the marketplace. Anti-trust is just one of the many senWhat our concern is (and the Justice Department’s as well) is how brokers sitive areas. Your office operation, your react to such changes. A critical part of dealings with your principals and your the Board’s role is to help you legally awareness of licensing and agency protect yourself against inadvertent requirements and obligations figure into behavior that could violate the anti-trust the package. The goal of risk managelaws. We do that through continual edu- ment is risk reduction. For your well cation and an effort to keep anti-trust being, we will bring you the opportunities to be aware of reducing risk through awareness on the “front burner.” Realtors in their business operations programs and articles but you’re going to cannot take any action in concert with have to take advantage of them. The cost another Realtor or Realtors in which they of ignorance in these areas is extremely agree to not do business with another high. Without a doubt, this is certainly firm or to do business differently with one area where an “Ounce of prevention that firm. It’s illegal! A company can on is worth a pound of cure.” Are You Ready to Move to the Next Level? 12/16 — Friday GRIEVANCE COMMITTEE 9:30am — Realtor Building, West Babylon — 2nd floor Conference Room. Staff liaison: Judy Becker @ LIBOR ext. 388. 12/20 — Tuesday LONG ISLAND COMMERCIAL NETWORK 8:30am — On Parade Diner, Woodbury. Marketing Session & Networking Breakfast. Cost: $15.00 LICN Members, $20.00 non-members. For more information, contact Harvey Kolin @ 631-4225511 ext. 122. Visit: www.libor.com/licn. 12/21 — Wednesday MLS BOARD OF DIRECTORS 9:30am — Realtor Service Center, West Babylon — Classroom B. Staff liaison: Lisa Gonzalez @ LIBOR ext. 350. 12/26 — Monday CHRISTMAS DAY OBSERVED — ALL BOARD OFFICES CLOSED JANUARY 2006 1/2 — Monday NEW YEAR’S DAY OBSERVED — ALL BOARD OFFICES CLOSED 1/5 — Thursday LIBOR EXECUTIVE COMMITTEE 9:30am — Realtor Building, West Babylon — 2nd floor Conference Room. Staff liaison: Lisa Gonzalez @ LIBOR ext. 350. 1/11 — Wednesday MLS EXECUTIVE COMMITTEE 9:30am — Realtor Building, West Babylon — 2nd floor Conference Room. Staff liaison: Lisa Gonzalez @ LIBOR ext. 350. 1/12 — Thursday LIBOR/MLS ORIENTATION 8:30am — Realtor Service Center, West Babylon — Classroom B. Staff liaison: Debbie Franco @ LIBOR ext. 364. 1/12 — Thursday NASSAU COUNTY DIVISION BREAKFAST 9:00am — (8:30am check-in) Milleridge Cottage, Jericho. Host: Marilyn Urso, 2005 & 2006 LIBOR Vice President-Nassau. Cost: $25.00 per person PREPAID ONLY. Special Guest Speaker: The Honorable Tom Suozzi, Nassau County Executive. Installation of 2006 Nassau Chapter Officers & Directors-Gil Picard, 2006 LIBOR President — Presentation of LIBOR Chapter Distinguished Service Awards — Acknowledgment of 2005 outgoing Nassau Chapter Officers & Directors. Fax reservations to: 631-661-2103. Reservation Form available on Fax-On-Demand: 631-661- 9126, document #152. Questions? Call Connie Aiello @ LIBOR ext. 361. Register online: https://www.mlsi.com/event.asp. 1/16 — Monday MARTIN LUTHER KING, JR.’S BIRTHDAY OBSERVED — ALL BOARD OFFICES CLOSED 1/18 — Wednesday LIBOR BOARD OF DIRECTORS 9:30am — Realtor Service Center, West Babylon — Classroom B. Staff liaison: Lisa Gonzalez @ LIBOR ext. 350. 1/19 — Thursday SUFFOLK COUNTY DIVISION BREAKFAST 9:00am — (8:30am check-in) Watermill Caterers, Smithtown. Host: Linda Bonarelli, 2005 LIBOR Vice President-Suffolk & 2006 LIBOR President-Elect. Cost: $25.00 per person PREPAID ONLY. Guest speaker to be announced. Installation of 2006 Suffolk Chapter Officers & Directors-Gil Picard, 2006 LIBOR President — Presentation of LIBOR Chapter Distinguished Service Awards — Acknowledgment of 2005 outgoing Suffolk Chapter Officers & Directors. Fax reservations to: 631-661-2103. Reservation Form available on Fax-On-Demand: 631661-9126, document #152. Questions? Call Connie Aiello @ LIBOR ext. 361. Register online: https://www.mlsi.com/event.asp. 1/24 — Tuesday LONG ISLAND COMMERCIAL NETWORK 8:30am — On Parade Diner, Woodbury. Marketing Session & Networking Breakfast. Cost: $15.00 LICN Members, $20.00 non-members. For more information, contact Harvey Kolin @ 631-4225511 ext. 122. Visit: www.libor.com/licn. 1/26 — Thursday QUEENS COUNTY DIVISION LUNCHEON 12:00pm — (11:30am check-in) Antun’s Restaurant, Queens Village. Host: Buddy Hoosein, 2005 & 2006 LIBOR Vice President-Queens. Cost: $35.00 per person PREPAID ONLY. Special guest speaker: HELEN MARSHALL, Queens Borough President. Installation of 2006 Queens Chapter Officers & Directors-Gil Picard, 2006 LIBOR President — Presentation of LIBOR Chapter Distinguished Service Awards — Acknowledgment of 2005 outgoing Queens Chapter Officers & Directors. Fax reservations to: 631-661-2103. Reservation Form available on Fax-On-Demand: 631661-9126, document #152. Questions? Call Connie Aiello @ LIBOR ext. 361. Register online: https://www.mlsi.com/event.asp FEBRUARY 5-9 NYSAR MEETINGS — Albany, NY We are looking for: NEWLY LICENSED & EXPERIENCED SALES AGENTS ATTENTION: LIBOR Members Donald C. Scanlon, CRB Owner Broker YOUR HOME 516-826-4600 www.Century21Yourhome.com Albert P. Cornelia Owner Broker All 2006 annual dues statements have been mailed out. They are due to be paid no later than Wednesday, December 28, 2005. Brokers must forward copies of any terminations of licensees to LIBOR by December 31, 2005 to avoid 2006 dues liability. 7 ● December 2005 Keystone Realty U.S.A. 100% Payout ● 1,3 Keystone Will Provide All the Above and Offer a Payout Unheard of in Our Industry Until Now! FREE Buyer and Seller Leads FREE Use of 3 Conference Rooms in Beautiful Building FREE Personal Office With Amenities FREE Personalized Toll Free Phone Numbers FREE Extensive Online Real Estate Training FREE Use of Keystone’s High-Traffic Website FREE Use of Receptionist and 2 Secretaries FREE Real Estate Forms, Contracts and Documents FREE Internet Advertising to Dozens of Web Portals That Include Yahoo, Excite, Ask Jeeves, etc. Additional Services and Policies Include: • Mortgage Compensation • Commission charged, is up to you • No minimum production requirements2 • Substantial Agent Referral Programs and Bonuses • Working full time/part time (make your own hours) • No desk or franchise fees for payouts up to 95% • We will even pay your LIBOR dues, ask us how • Branch Offices Welcome Try Us Out Risk Free, we will even release your listings if you’re unhappy for any reason! Join the firm that started it all. Do not be fooled by cheap imitations. (Over 90 agents and counting!) “ I am very pleased about my decision to join Keystone Realty USA. They have proven to me, that even with a much higher payout, they have MORE to offer than a national realty firm. ” Renuka Shah Multi Million Dollar Producer Join Keystone Realty Where Independence is the Key to Success! Call For Details: (800) 390-8083 or Direct (516) 639-6257 Email: [email protected] Check us out on the World Wide Web at www.keystonerealtyusa.com 1If Keystone’s agents choose 80-95% of the commission with no monthly dues of any kind, Keystone will only retain 5-20% of the commission earned by an agent. This is not too good too be true, call for references. 2There are NO MINIMUM PRODUCTION REQUIREMENTS for payout plans of 80% and 100%. 3FREE payout plans ranging from 81% – 95% may or may not carry a minimum production requirement. THE REALTOR® Keep 100% of Your Commissions! New York’s first and largest Independent Realty Firm offers the best 100% payout plan in the business for only $199.00 per month. Payouts that range from 80-95% have NO MONTHLY FEE! ● 8 selling title insurance. Sell to your existing network of attorneys, mortgage lenders, builders and other real estate professionals. Completely compatible with real estate sales. THE REALTOR® ● December 2005 SIMPLE SALES Develop a recurring income Vista Land Services Est. 1988 (631) 549-8200 Call for written information DISCOVER LUXURY JUST 16 MILES FROM MANHATTAN! DISCOVER BEAUTIFUL NORTH SHORE TOWERS • 18 HOLE CHAMPIONSHIP GOLF COURSE • TENNIS COURTS • INDOOR/OUTDOOR POOLS • RESTAURANTS • STORES • MOVIE THEATRE • BANK• MUCH MORE! Contact Sales Associate Linda Rappaport for more information 718-423-3130 www.nstowers.com Greenthal Charles H. Greenthal Property Sales 272-40 Grand Central Parkway Floral Park, NY 11005 INSURANCE Specializing in SMALL BUSINESSES & THE SELF-EMPLOYED LIBOR NEWS NEWS LIBOR by Elise Williams WCR President Long Island Chapter WCR-NewYorkState.com Mission of the Women’s Council of REALTORS®: We are a community of real estate professionals creating business opportunities, developing skills for the future and achieving our individual potential for success. 2005 Highlights Looking back, as 2005 draws to a close, my year as WCR President has been a wonderful year. One of the highlights of being involved in WCR is the National meetings. Being involved on a local level doesn’t begin to prepare you for the magnitude of the national meetings. Members attend from all over the United States. What a great bunch of Realtors® (remember it’s not just women). At the meetings we share ideas, network and share success stories. The speakers at these meetings are of the highest caliber. If you want to know what the rest of the country is doing in the Real Estate market, you should plan to attend at least one of these meetings. In addition to the national meetings, there are also regional meetings. Our region is comprised of NY, NJ, Pennsylvania and Maryland. Every year a regional retreat is planned. Last year we went to Newport, Rhode Island. What a beautiful place. Next year they are going to Chicago, which promises to be anoth- er exciting and informative trip. The WCR will host a joint Holiday party with the Nassau North Shore Chapter of LIBOR was held at the Westbury Manor. With a D.J. for dancing, a great time was had by all. At this time I want to thank all of the great people that made this year a success. Hopefully we raised the bar a notch or two, educating our fellow realtor® and bringing their career to the next level. Watch for the first meeting next year. It is guaranteed to be as informative and educational as this year’s meetings have been. Remember that the WCR needs YOU!!!!! We are always looking for volunteers to help our organization grow. Without YOU we cannot grow. Without YOU we cannot network. When planning your schedule for next year, put WCR on the list. If you are unable to volunteer, just plan to attend the meetings. It will add another dimension to your career. Hoping everyone’s holiday is happy, and 2006 brings you everything... Habitat Honors Sponsors In a show of support for Habitat for Humanity, LIBOR Executive Committee members (l-r) Mel Farkas, Gil Picard, and Michael Mendicino attended the Annual Habitat for Humanity Sponsor Recognition Dinner held at the Watermill in Smithtown. 2005 RPAC Award Recipients Rose Gagliardi is an insurance broker with over 20 years experience, servicing the tri-state area. Rose specializes in Health, Dental, Life, Long Term Care, Medicare Supplements & Disability Insurance. Rose and her staff are committed to providing the utmost personal attention and maximum client servicing. Endorsed by the REAL ESTATE BOARD OF NEW YORK for over 15 years Rose Gagliardi - Broker 55 East Main Street Oyster Bay, NY 11771 (516) 922-1200 (212) 268-4473 Fax (516) 922-2829 [email protected] • www.insuranceplusny.com At the November 16th LIBOR/MLS Joint BOD meeting Pat Levitt, RPAC Chairperson (fourth from left), presented the following REALTORS with their 2005 RPAC awards (from l-r) Bob Herrick President's Club, Barbara McDonough President's Club, Rich Witt 3 Time Sterling R, Michael Mendicino 1st Time Sterling R, Marilyn Urso 1st Time Sterling R, Frank Urso 1st Time Sterling R, Carol Gallo Turshmann 2nd Time Sterling R, Frank Dell’Accio 5 time Sterling R, and Patricia Masone 2nd time Sterling R; also pictured (third from right) Marian Fraker Gutin, LIBOR President. 9 ● LIBOR NEWS NEWS LIBOR Aliza Bitton Best Value Properties Bernadette L. Martin Bernadette L. Martin, REALTOR Maxine Britt Faith Realty Network Inc. Sharon A. Miller Island Realty Consultant Young Chul Chang Fortune 21 Realty Inc. Glenn T. Nugent Glenn T. Nugent, REALTOR Richard M. Coffin Greenpoint Mortgage Fund Inshan, Ogir Nationwide Homes LLC Lynette W. Erskine Lynette W. Erskine, REALTOR Raymond S. Paulsen Island Pro Realty Jose L. Felipe New Horizon Estate Corp. Dragos M. Popovici Queensview Realty Inc. Mary Ann Fraher NY Home Connection Inc. James J. Quail Caputo & Quail PC Roger E. Garcia MI Primera Casa Real Estate Kim Salley 4 Nex Generations Realty Teresa Gaudiosi Teresa Gaudiosi, REALTOR Virginia A. Schellinger Certified Appraisal Services Tamara Gavrielof Final Stop Realty LLC Joann M. Scifo Joann M. Scifo, REALTOR I Yong Ha NY Connection Realty Inc. Barbara A. Seeley Barbara A. Seeley, REALTOR Bill Lam Bonex Realty LLC Carolyn C. Tartaglia Carolyn C. Tartaglia, REALTOR Bing Li GST Realty Inc. Joseph J. Zahn Corp USA Lisa M. Lilly Century 21 Rustic Realty 2006 Leadership Gets Installed (Continued from page 1) Armstrong was installed as 2006 MLS President by John Rouse, Esq., Town of Brookhaven Superintendent of Highways. Chris began his real estate career in 1975. Presently he is the Broker/Owner of Century 21 Princeton Properties; a threeoffice firm located in Suffolk County. Chris currently serves as MLS Vice President of Suffolk, a position he has held since 2003. 2006 LIBOR President, Gilbert Picard was installed by both, the Honorable Judge Robert Lifson, NYS Justice-Appellate Division and Honorable Judge Daniel Martin, NYS Court of Claims. Gil has been a licensed real estate professional since 1972 and is currently with Coach Realtors in Huntington. Gil was joined by his wife Myra at the podium during his installation. The installation of 2006 LIBOR and MLS Officers, was performed by Joseph Canfora who was recently named 2005 NYS Realtor of the Year. Joe has also served as NYSAR 2004 President; 1981 MLS President and 1998 LIBOR President. Robert Herrick, 1995 LIBOR President and 1988 MLS President did the honor of installing 2006 LIBOR and MLS elected Directors, Past President, Chapter Appointees and Chapter and Division President. The JAMAICA CENTRAL QUEENS CHAPTER is having an educational and networking seminar on Thursday, December 15th at 9:00am at the Fame Diner in Fresh Meadows. The theme of the Day: “SIMULATED ARBITRATION HEARING” 10 Professional Standards Committee members re-enacting an actual case — LIVE! Featuring: Cathy Nolan, ESQ. — Board Counsel, LIBOR Instructor, LIBOR/MLS Past President Tony Smith — PSC Chairperson, LIBOR/MLS Past President. Learn how to protect your commission. The cost is free, limited Seating so reserve early! Please RSVP to Nazim Mohamed at 718-468-4000. Visit www.libor.com/jamaicacentralqueens. The LONG ISLAND COMMERCIALNETWORK is having a networking breakfast and marketing session on Tuesday, The NASSAU COUNTY DIVISION BREAKFAST is being held on Thursday, January 12th at Milleridge Cottage, Jericho at 9:00 a.m. (check-in at 8:30 a.m.) – Networking, Breakfast. Special Guest Speaker: The Honorable Tom Suozzi, Nassau County Executive. Agenda: Installation of 2006 Nassau Chapter Officers & Directors, Acknowledgment of 2005 outgoing Nassau Chapter Officers & Directors, Presentation of Nassau Chapter Distinguished Service Awards. The cost is $25 prepaid, Reservations ONLY. December 20th at 8:30am at On Parade Diner in Woodbury. Bring flyers, plenty of business cards, your “haves & wants” and colleagues. Expand your network!! Earn more money!! The cost is $15 LICN members, $25 non-members. For more information, contact Harvey Kolin at 631-422-5511 ext. 122. Visit www.libor.com/licn. The LONG ISLAND COMMERCIAL NETWORK is having their annual “Membership Has It’s Privileges” cocktail party and buffet on Tuesday, January 24th at 6:00 pm at the Fox Hollow Inn in Woodbury. Premium unlimited open bar, fabulous food, LICN relationship building and valuable door prizes! The cost is FREE for LICN members and $75 nonmembers (includes first year membership). Please RSVP to Gail Gladstone at 631-673-8852 Ext. 224. Visit www.libor.com/licn. 2006 Suffolk Chapter Officers & Directors, Acknowledgment of 2005 outgoing Suffolk Chapter Officers & Directors, Presentation of Suffolk Chapter Distinguished Service Awards. The cost is $25 prepaid, Reservations ONLY. The QUEENS COUNTY DIVISION LUNCHEON is being held on Thursday, January 26th at Antun's in Queens Village at 12:00 p.m. (check-in at 11:30 a.m.) – Networking, Full Luncheon. Special Guest Speaker Helen Marshall, Queens Borough President. The SUFFOLK COUNTY DIVI- Agenda: Installation of 2006 Queens SION BREAKFAST is being held on Chapter Officers & Directors, Thursday, January 19th at Watermill Acknowledgment of 2005 outgoing Caterers in Smithtown at 9:00 a.m. Queens Chapter Officers & Directors, (check-in at 8:30 a.m.) – Networking, Presentation of Queens Chapter Breakfast, Guest Speaker to be Distinguished Service Awards. The cost announced. Agenda: Installation of is $35 prepaid, Reservations ONLY. RSVP: Register online at: http://www.mlsli.com/event.asp or fax it to Connie Aiello at 631-661-2103. ANNETTES REAL ESTATE Join the Long Island REALTOR Federal Credit Union Today! 2006 Membership Drive Now Underway. 1193 FRONT STREET • UNIONDALE, NY 11553 (516)564-4480 or (516)526-5740 Email: [email protected] INVITES YOU TO... JOIN THE #1 TEAM We’re looking for experienced and non-experienced agents. FLEXIBLE COMMISSIONS! D.A.R.T. CAPITAL MORTGAGE CORP. REGISTERED MORTGAGE BROKER, NYS BANKING DEPT. 535 Broad Hollow Road, Suite B30, Melville, NY 11747 (631)770-4000 • Call for an Interview Today! VISIT OUR WEB SITE AT WWW.LIRFCU.COM Audrey Livingstone 5 10 LOAN OFFICERS NEEDED THE REALTOR® Debra G. Lovett Shindana Realty ● Michele Ayala Island Realty Concepts Chapter & Division Report December 2005 W E L C O M E New LIBOR & MLS Members 10 ● December 2005 ● THE REALTOR® LIBOR NEWS NEWS LIBOR OUT EACH During the month of December, Coldwell Banker Residential Brokerage's Babylon Office will be sponsoring a toy drive for Toys For Tots and they will be accepting donations of un-wrapped toys until December 19th. Please drop off a small donation at Coldwell Banker Residential Brokerage at 136 West Main Street in Babylon (across from Village Hall). 631-422-5511. RE/MAX North Shore is having a toy drive at their Huntington office, 1740 E. Jericho Tpke., on December 15th. Each of their agents will be bringing in an unwrapped toy, and the next day they will be hand delivered to St. Anne's Church in Brentwood. Anyone who would like to contribute is welcome to drop off a toy to their office by the 15th. Prudential Douglas Elliman Real Estate's Westhampton Beach and Hampton Bays offices have joined the efforts of local fisherman by supporting the 5th Annual Shinnecock Marlin and Tuna Club's Fishing Tournament with a sponsorship to benefit the Big Brothers Big Sisters of Long Island. Over 500 supporters gathered for an awards dinner held at Oaklands Restaurant at the Shinnecock Inlet where Scott Horowitz, President of Shinnecock Marlin and Tuna Club presented Big Brothers Big Sisters of Long Island with check in the amount of $67,000. The check represented funds raised through the organization’s annual tournament where fishermen competed over the last two weeks of August for the largest tuna, marlin, mako and weakfish. A number of our Coldwell Banker Residential Brokerage Associates from the Plainview Office got together Thanksgiving week, to collect food for a local food pantry. They collected food outside a local supermarket, John’s Farm all week. Thanks to the generosity of the many neighbors in and around Plainveiw the food was delivered and they collected enough food to supply the pantry for an entire month. The Agents involved were Alan Hendrickson, LSA; Ann Competello, LSA; Audrey Gross, LAB; Dona Malta, LAB; Dvorah Lumerman,LSA; Jila Bamdad; LSA, Joyce Jurgensen LSA; Karen Zweback, LAB; Liz Schumann, LSA; Rita Cione, LSA; Steve Tregerman, LAB; and Pat Maude, GRI, Branch Manager. This activity came out of a task force which was created recently to help foster, business development, technology and team building within their organization. Each team has taken on a couple of projects for the up coming year. Each year the Long Island Realtor Federal Credit Union hosts an annual toy drive. Every year is more successful than the last. All toys collected are donated to underprivileged children through the Hispanic Counseling Center in Hempstead. The LIRFCU thanks all of you who have generously donated to this cause and we wish you and your family a healthy, happy and wonderful Holiday Season. ◊ ◊ ◊ ◊ Keeping Deals Together With 24 Hour Elite Service Experienced Inspectors Written Guarantee Report on Site Matthew Kaplan HouseMaster Home Inspection www.longisland.housemaster.com 800.805.1122 NORTH SHORE TOWERS Floral Park, NY only 30 Minutes from Manhattan For The Past 18 Years... I have specialized in sales of apartments in this award winning, luxury, gated, co-operative community, which offers the finest in country club living. Private 18 hole golf course, 5 lit hard tru tennis courts. State of the art health spa. Indoor and outdoor swimming pools. An arcade mall features a large variety of shops, a bank, restaurant and theatre. 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On Site www.annettekroll.com ALL MODELS AVAILABLE FROM STUDIOS TO PENTHOUSES. +RZFDQ\RXPDNH\RXUEHVW\HDUHYHU" 7DNHWKH/RQJ,VODQG %/$67 32:(5 32:(5%/$67 )RU%URNHUV2ZQHUV0DQDJHUV7RS$JHQWV ([SHULHQFHG$JHQWV1HZ$JHQWVRU $Q\RQHZKRZDQWVWRQHWZRUNZLWKOLNHPLQGHGDJHQWVFRPPLWWHGWRWKHLUQH[WOHYHO $Q\DJHQWZKRZDQWVWRGUDPDWLFDOO\LQFUHDVHWKHLUOLVWLQJDSSRLQWPHQWVFORVHUDWLR $Q\RQHLQWHUHVWHGLQXQGHUVWDQGLQJVHOOHU¶VREMHFWLRQVKRZWRKDQGOHWKHP $Q\RQHZKRZDQWVWROHDUQKRZWRHIIHFWLYHO\PDQDJHWKHLUEXVLQHVVDQGGDLO\WDVNV 7KUHHGD\VORDGHGZLWKQHZWLSVWHFKQLTXHV GLDORJXHVDQGV\VWHPVJXDUDQWHHGWR%/$67 \RXUSURGXFWLRQWRLW¶VQH[WOHYHOLQ 6HOI'LVFRYHU\5HLQYHQWLQJ:KR<RX$UH 7LPH0DQDJHPHQW 0RQH\0DQDJHPHQW 3RZHU7HFKQRORJ\ 7KH/LVWLQJ$SSRLQWPHQW +DQGOLQJ6HOOHU¶V2EMHFWLRQV 3OD\LQJ:LWK%X\HUV 1HJRWLDWLQJ2IIHUV 6HUYLFLQJ6HOOHUV 3URVSHFWLQJ%HFRPHD0DVWHU5DLQPDNHU )DUPLQJ'RLQJ,W7KH5LJKW:D\ 7KH6HFUHWVRI6HOI3URPRWLRQ &DOOWRGD\WR O UHVHUYH\RXU VHDWIRUWKH /RQJ,VODQG 3RZHU%ODVW LQ-DQXDU\ )RULQIRUPDWLRQSKRWRVGDWHVDEURFKXUHHWFYLVLWXVDW ZZZ3RZHU%ODVW(YHQWFRP RUFDOOXVDW 11 ● December 2005 ● THE REALTOR® )FTHISISYOURhTODOLISTvFOR ALLYOUREALLYNEEDhTODOvISCALLUS 9OURFIRSTSTEPTOSTARTOFFAGREAT.EW9EAR ISTOCALL"ETTIE-EINEL6ICE0RESIDENT#AREER$EVELOPMENT ATEXTOR%MAILHERATBMEINEL LAFFEYNET 12 ● December 2005 ● THE REALTOR® LIBOR NEWS NEWS LIBOR Congratulations to all of the 2005 Realtor® Recognition and Achievement Award Recipients Realtor® -B of the Ye roker ar Award Ralph Bove The following photos were taken at the Annual LIBOR/MLS Installation & Awards Dinner Dance held on November 17th and the Appreciation Breakfast held on November 8th. LIBOR Presiden t Realtor® of the Ye Affiliate ar Award Marian Award Frake Gutin r(center) Denis Miller Tasso Aw ard Joseph Canfora (right) Lifetime Achiev Award ement Lee Tes ta LICN Mem be of the Ye r ar Gail Gladsto ne MLS Executiv e Co Service mmittee Award Ja mes Nette r (left) RPAC d ent Awar Achievem ia Patric Levitt (left) WCR e of th Member ard Year Aw l Murie fel ap Schwartz r) (cente Realtor® -B of the Ye roker ar Award Seiber Robinsot n LIBO Past Pres R iden Award t’s Mel Fark as Commun Service ity Award Rita Bender MLS Pres ident Award Daniel Ryan To view a copy of the online video presentations taken during the Appreciation Breakfast visit http://www.mlslirealtor.com/ro/about/2005awards.cfm 13 ● December 2005 ● THE REALTOR® THE REALTOR® December 2005 ● THE REALTOR® ● COUNTY DIRECTORS AT LARGE NASSAU Dan Ryan Chris Armstrong Donald Scanlon President Vice President Suffolk Vice President Nassau Prudential Douglas Elliman Real Estate Century 21 Princeton Properties Century 21 Your Home Richard Arnold Evelyn Atanas Anthony Atkinson James Balletta Peter Caruso Barbara Ford Richard B. Arnold REALTOR Atanas Realty Corp. Weichert Realtors Quality Homes Lex Realty Caruso & Boughton Realty Ford Phase II Realty Corp. Hilda Lincoln Michael Litzner Laurel Creek Realty Corp. Century 21 American Homes Audrey Livingstone Marian FrakerGutin Carol GalloTurschmann Kevin Leatherman Mary Elmore Realty Co., Inc. Bill Gallo Realty Coldwell Banker Surf Jean Mansueto Mel J. Patto Jr. Roberta Scully Joseph Sinnona John Tufarelli Richard Witt Century 21 Coast Realty Inc. Mel J. Patto Inc., REALTOR Century 21 Scully Realty Joe Sinnona Realty Inc. Century 21 American Homes Century 21 Wittney Estates Tracey Boucher Ralph Bove Joseph Canfora Joanne DeMaio Prudential Douglas Elliman Real Estate Century 21 Selmar Realty RE/Max Property Network Suzanne DeNoyior Jack Hangen Carriage House Realty Corp. Patricia Masone Vito Martinico Frank Paruolo Prudential Douglas Elliman Real Estate Vipen Realty Corp. Century 21 Bays Edge Realty Inc. Century 21 Annettes RE SUFFOLK Mohzen Sandieh Frank Dell’Accio Frank Urso Vice President Queens Secretary Treasurer Arash Real Estate & Management Century 21 AA Realty Long Island Village Realty Inc. PAST PRESIDENTS Mary Adams Century 21 Herrick Real Estate Marie Costello Walter Messina James Netter Marie Costello RE Glenjay Realty Inc. Netter Real Estate Inc. Robert Herrick Century 21 Herrick Real Estate “ Cooperation is the foundation of the MLS. Angela Anderson Daniel Gale Agency Inc. Sidney Kwintner Kwintner Realty Century 21 Northern Shores Century 21 Agawam Albertson Jolie Powell Linda Ross Marie Whitman Jolie Powell Realty Inc. L. Ross Realty Marie Whitman Real Estate Inc. QUEENS CAMERA SHY ” Richard Artman Consumers International REC Jane Salamon Tony Smith Daniel Gale Associates SAS Real Estate Sooroojnee Edoo Dorothy Aschkar Rachel Benedetti Juan Carlos Cano Fairway Homes Inc. Premium Properties Inc. Stars & Stripes Realty Brigitte Greene Brigitte Greene Realty Walauddin Hoosein Wally Realty Exit Memvar Realty COMMITTEE CHAIRPEOPLE Advertising, Marketing & Promotions Committee Chris Armstrong, Chairperson Budget & Finance Committee Llubica Janjic Juby Realty Bishnu Melaram Brita Realty Corp. Frank Urso, Chairperson MLS Nominating Committee Jane Salamon, Chairperson Procedures Committee Linda Bonarelli, Chairperson Chief Executive Officer — LIBOR/MLS LIBOR Legal Counsel Joseph E. Mottola, GRI Goldson, Nolan, Connolly, P.C. Howard Goldson Nazim Mohamed Affordable Realty Corp. Vincent C. Papa Jr. Papa Realty December 2005 EXECUTIVE COMMITTEE MEMBERS ● ● 14 15 The Multiple Listing Service of Long Island, Inc. Commends the Efforts of the 2005 Leadership Team James Powers Jay Rakhar Willie Mae Wyatt Tapestry Real Estate of Queens Goldfield Realty Inc. Du Chris Realty 16 ● December 2005 MLS NEWS NEWS •• MLS MLS NEWS NEWS •• MLS MLS NEWS NEWS •• MLS MLS NEWS NEWS •• MLS MLS NEWS NEWS MLS News & Views MLS Info Line THE REALTOR® ● By Dan Ryan MLS President Market Remains Balanced Through November November home prices were released by the Multiple Listing Service of Long Island, Inc. (MLSLI™) on December 7th. Comparing the closed median home price for Nassau, Suffolk and Queens County to a year ago — the numbers show an annual appreciation rate of 11%. In November 2004 the MLS of LI reported a closed median home price for Long Island of $395,000 compared to November 2005 figure of $437,000. Nassau County contracted home prices are reported at $600,100 for November, representing an increase of 10% over last year’s figure of $543,400. Suffolk County reported an average contracted price of $463,600, which is 7% higher than last November, while Queens County reported an average contract price of $488,600, up 13% over last November’s figure of $432,000. Contracted home prices reflect what the market is doing in the past 30 days or so. The housing inventory reported on the MLSLI™ system was significantly higher than a year ago. The residential available inventory has been steadily rising since January. Joseph Mottola, CEO of LIBOR and MLS says “The increase in A Year to Remember As 2005 comes to a close, it is hard to We have increased the education requirebelieve that a full year as MLS President ments on new Brokers and Agents as has gone by. I have enjoyed this experi- well. There are many other issues we have ence and hope I have been able to leave our service a little better than I found it. looked at and will continue to address The thing I cherish most is being able to under the stewardship of Chris get to many zone and chapter meetings Armstrong, our new 2006 MLS President. I would like to thank the and having the opportunity entire Executive Board as to meet so many passionate well as all the committee people. I have tried to bring chairs for all their dedicaattention to the importance “The thing tion and support this year. of cooperation and knowI cherish most In addition, a heartfelt ing the rules. is being thank you to all the zone We have been able to address many things, such able to meet so chairs and directors for all they do. We have included as implementing a new listing agreement, changing many passionate in this edition a picture of all the MLS volunteers our policy on the sending in people.” who help make this serlisting agreements and vice the great institution it extensions, updating our is. Kudos to all of them. current rules to reflect the In closing it has been a great honor to current environment, addressing the data licensing issue, looking at our current be your 2005 MLS President and I look bylaws, instituting forms to help the zone forward to continuing to work with Chris chairs and assist in the presenting of in making this MLS the best in the counoffers and showing of properties. We try. I want to wish everyone Happy have also initiated accounting oversight Holidays and a fantastic 2006. Remember, COOPERATION is the of our internal controls, as well as starting a dialogue between the commercial net- Foundation of MLS. Lets all work work and the MLS technology support together. Our future depends on it. system. As far as advertising this year we made great strides in promoting the “MLSLI.COM” website and will continue to make this a priority in the future. MLS Q&A Q. I have tried to find out the status on several listings and have been told by the receptionist in the listing office that I must wait for the Listing Agent for that information. Is it okay for them to do this? A. No. According to the published MLS Board of Directors interpretations: “At all times someone must have current information on each listing so as to be able to accurately advise agents of the status of the listing.” (The interpretations can be found in the back of the MLS Rules book.) “Multiple Listing Rules (Rule 302; 302.1; 703) require that the listing office must provide information and access to Cooperating Brokers at all times. The above policy therefore requires that information with respect to the exact status of each property be available at the office so that Cooperating Brokers can be given full accurate and complete information when they call whether or not the listing agent is then and there available.” Note: An MLS Rules Book and FAQ can also be printed from Stratus Info Center. It can be found near the right of the page, under Info Center Options. the reported inventory figure does not necessary mean that there are more homes on the market. It could simply mean there are more homes being placed on Multiple Listing. The MLS Advertising Committee has spent over a million dollars promoting to the public — “Insist on Multiple Listing” so maybe the sellers are finally catching on that it’s in their best interests to be on Multiple Listing.” Link Financial Calculators To Your Site — FOR FREE! MLS has licensed financial calculators from Time Value Software that enable you as an MLS Participant or their agent to frame them to your own Website for FREE. There are 11 calculators including Home Affordability, Rent Vs. Buy, Mortgage Qualification, Refinance Calculators and more. The calculators will appear with your sites fonts, style and colors. To view a sample site, go to: www.ToddRoyAndAssociates.com and click the Calculators button. To register to use the calculators, click Time Value Calculators from Stratus Info Center. Once registered, download the installation instructions and your web developer can assist you with putting them on your site. MLS To Discontinue mlslirealtor.com Email Accounts Effective January 30, 2006 MLS receives up to 6 million spam emails a day. Because there is so much spam and viruses to contend with today, it is getting more difficult to control. The more filters we have in place to block this spam, the more your legitimate emails get blocked from being delivered. The MLS Board of Directors approved discontinuing these email accounts and to leave it to internet providers and email services, such as AOL and others, doing it as their primary business. Stratus, they will have no Reply To address.) • The My Email option on Stratus will be removed and all mlslirealtor.com email accounts and their content will be deleted including old incoming and outgoing emails, address books, etc. • If you wish to retain any of your @mlslirealtor.com address content of old emails sent or received as well as your addresses, you need to manually obtain that information from Stratus‚ My Email before January 30, 2006. What This Means: • To email listings from Stratus Searches and Prospect Match, an email address other than an mlslirealtor.com address must be provided to us. (Note: If you subscribe to Internet Crusade to retain your @mlslirealtor.com email address, you can continue to use it for Stratus emails. Refer to article on Page x for options to retain your @mlslirealtor.com.) • If an email address is provided, emailing listings from Stratus searches and Prospect Match will continue working seamlessly. (CAUTION: If you have not provided us with a valid email address, when you elect to email listings and prospect matches from To Verify That We Have Your Correct Email Address: • Click on Customize My Stratus on the Stratus Info Center. • Scroll down and view the email LIBOR/MLS records show for you. GET YOUR COMPANY NOTICED... ADVERTISE ON THE WEB...MLSLI.COM™ 89% OF BUYERS USE THE INTERNET TO SEARCH FOR A HOME. WHEN THEY LOG ON,WILL THEY FIND YOUR COMPANY’S BANNER AD THERE? TAKING OUT A COST-EFFECTIVE BANNER AD IS A GREAT WAY TO LAUNCH YOUR 2005 INTERNET MARKETING PLAN. Advertise your business on MLSLI.com™ for only $250 per month and get your company noticed by thousands of buyers and sellers that visit the site everyday. Contact Donna Lee at 631-661-4800 ext. 348. To Submit a New Email Address to us: • Enter your new email address in the box provided. (see above). • Click Save at the bottom of the page to send it to LIBOR for updating OR • Email your new email address to [email protected]. Please include your name, office name and LIBOR member #. 17 ● December 2005 ● THE REALTOR® 18 ● December 2005 ● THE REALTOR® TECHNOLOGY TECHNOLOGY Techno-Bits Twelve Ways To Capture More Listings Online Old Rule: The Internet will disinter mediate real estate professionals. New Rule: The Internet makes personal service even more priceless. It's long been a widely accepted principle that real estate professionals prefer listing properties over working with buyers. After all, the potential profit is greater with listings, because they are more easily managed and require less personal attention. Yet, curiously, many agents market online almost exclusively for buyers. Fortunately, the online opportunity is already in place to accelerate a shift in the balance between marketing to buyers and marketing to sellers. Agents who have cut their teeth on the Internet by marketing mainly to buyers have only a bit of rethinking and website tweaking to do. Here are a dozen actions you can take to boost your listings online: 1. First, market to home sellers as if they were buyers. Since most sellers approach the internet first as interested buyers, ask on every response form if the buyer prospect has a home to sell. Include SCHEDULE MLS TECH TO VISIT YOUR OFFICE...FREE NEEDS ANALYSIS! MLS TECHNICAL SUPPORT SERVICES...IN YOUR OFFICE OR HOME • Set up your network • Install your Cable or DSL modem • Install printers, scanners, digital cameras, CD-Writers • Software installations • Virus Software – Firewalls – Pop-up Blockers • Protection against Spam & Spyware • Troubleshoot & Upgrade your PCs • Website design and hosting services • FREE – Office visit to evaluate your needs! For more info, call MLS at 631-661-1750 or email [email protected] features in your website designed to capture seller prospects. Offer free, no-obligation trade-up "coordination" services that appeal to the double commission sell-tobuy prospect. 2. Grab sellers early and don't let go. Once you have the seller's contact information, follow up fast with drip e-mail responders. According to NAR's October 2004 Profile of Home Buyers and Sellers, 73 percent of prospective home sellers list with the first agent they contact. So make it your #1 marketing mission to be that first contact. 3. Ask for the listing. Entitle your response forms with a straightforward phrase such as "For Sellers," "I want to Sell My Home!" or "What can I get for my home?" Don't be shy. Appeal directly to home sellers on your top level navigation. 4. Determine a timetable for your follow-up campaign. Include a simple qualifying question on your website response forms by providing two check-off boxes: "Planning to move in less than six months?" and "Planning to move in more than six months?" Offer different information kits to each self-qualified group. 5. Cultivate prospects with drip-marketing follow-up. Use automated e-mail responses, based on the seller's timeline for moving. Send more e-mails more often for prospects that plan to move soon. Include response links in every e-mail. 6. Drive prospective sellers back to your site again and again. Give prospective sellers the keys to the mansion with easy access to your rich content library filled with accurate, up-to-date information, buyer and seller tips, calculators, and forms to request related services. 7. Make it easy for sellers to request a competitive market analysis, which you can deliver by e-mail, postal mail, or in person. Refer to your personal visit as a prelisting home inspection or marketability evaluation visit. Offer a quick "over the Internet price opinion" alternative by email where the prospect doesn't have to speak to an agent. 8. Continue to market to sellers by phone and mail as well as online. Feature continuous direct response offers designed to demonstrate your knowledge and skills and convert e-leads to live appointments. Often making "buyer" offers to prospective sellers (latest listing updates, relocation information, schedule a showing, etc.) will alert you when a long-term prospect is ready to list. 9. Promote your promise to provide an all-out marketing campaign for each listed property. Set up a unique website address for each listed home; feature virtual tours plus multiple photos. Highlight their home on e-cards, e-brochures and printed flyers as well as on multiple websites. Establish an e-mail first alert network of company colleagues and area co-brokers who have active buyers for new listings. 10. Invite nosy neighbors in. Include a response form in your website that neighbors can use to find out what a house down the street sold for. Feature this free service in your neighborhood direct-mail farming newsletters and "Just Sold" postcards. Archive sold information on your website to bring homeowners back to your site for "Market Updates." 11. Create a plan to pull in FSBOs. Offering genuine assistance to do-it-yourselfers is the most effective rapport-building technique. Have an automated system that lasts a minimum of five weeks. A minimum of 10 contacts per prospect is recommended, including five e-mails with helpful advice on pricing, marketability, and property promotion. You can also send market updates, your guarantees, your commission rate, and a complete run-down of your listing services. Ask for the FSBO's "extra buyer" referrals in exchange. 12. Convert expireds to listings. Establish a web form on your site specifically for expireds and prominently label the navigation button with an apt title such as "House Didn't Sell?" Offer to provide a report that explains "How to Sell a Home That Didn't Sell" and a free room-by-room "Marketability Analysis" if they want to re-enter the market. Source: Realty Times — Written by Dan Gooder Richard SITES TO SEE Welcome to the blogoshphere! Blogs — short for Web logs — are online journals that can have many uses, from informing clients and prospects about the latest real estate market conditions, to discussing current events with family and friends. An estimated 20 million already are in existence, and that number is quickly growing. Whatever your audience, blogs are an affordable and effective way to build an online community and spark discussion with those who visit the Web site. If you’re new to blogging, don’t be intimidated; these free sites will help you become quickly acquainted with the world of Web logs. Of the many Web sites that let you create your own blog for free www.blog ger.com is perhaps the easiest to use. Even if you’ve never seen a blog before, you’ll be able to create your very own in a matter of minutes. Blogging rookies should start out by clicking on the blue “Take a Tour” link on the home page. There, you’ll learn what’s a blog?, then find out how to use a blog to “Publish Your Thoughts”, get feedback from your blog visitors, post photos, and more. But there’s no better way to learn about blogs than to build one. To do that, just create an account for free by choosing a username, password, and inputting your email address. Once you’ve signed up, you’ll be asked to name your blog — which may take some creativity if the catchy name you want is already taken — and choose a design template. Then all you have to do is write out your thoughts, post it to your blog at the click of a button, and then let people know about it to drive traffic to your blog! This easy-touse site is affiliated with Google, which hosts your blog for free. Say you’re more interested in reading other peoples’ blogs than maintaining your own, go to search.blogger.com. This simple search tool, also operated by Google, will zero in on any topic you’d like. For example, search “real estate” and you’ll get a list of blogs all over the world that are focused on the industry. For fun, type in the name of your community to see where it’s mentioned in the world of Web logs. Keeping its finger on the pulse of the blogosphere, www.technorati.com is a good destination for those who are interested in learning about the hot topics being discussed online. Click on the Popular tab to read about the most-discussed news, books, movies, and blogs. Or use the Blog Finder to search for topics relevant to your business, from marketing to technology. A more sophisticated search tool allows you to search the live web for blogs that contain certain words or phrases. You can join Technorati by entering your e-mail address, a username, and password in order to receive “Watchlist” e-mails about blogs that contains your keywords. BUILD YOUR WEB PRESENCE WITH NOW AVAILABLE... MLS CUSTOM WEB SITE DESIGN STRATUS WEB SITES LET MLS HELP BUILD A CUSTOM WEB SITE WITH Many Templates, Colors & Fonts to Choose From • Build it Yourself and Edit It at Any Time • Up to 8 Customizable Web Pages • Include a Mortgage Calculator, Your Listing Inventory • Provide Visitors an Info Request Form to Capture LEADS from Your Site! Call MLS at 631-661-4800 Ext. 15 or Email [email protected] YOUR VISION IN MIND • Professional Web Page Design • Assistance With Designing Your Logos and Graphics • Web Site Hosting by MLS CALL 631-661-1750 OR EMAIL [email protected] FOR A FREE QUOTE ● Broker Jennifer Gromus and Owner Dennis Ferreri of recently franchised WEICHERT, REALTORS® — FerreriGromus in Babylon and manager Barbara Rudolph of WEICHERT, REALTORS® — Liappas Agency in Manhasset, have completed an in-depth training/tour of the inner workings of a thriving real estate business — at the four-day WEICHERT® Management Academy. Held at Weichert Real Estate Affiliates, Inc. (WREA) corporate headquarters in New Jersey, the Academy is focused on building world-class real estate offices. Jolie Powell of Jolie Powell Realty, Coldwell Banker Residential Brokerages' Plainview Office holds Annual Thankgiving Food Drive for Local Pantry An impressive gathering of Prudential Douglas Elliman sales professionals and executives attended a Hamptons Regional meeting on Friday, October 28th at the Southampton Inn. CEO and President Dottie Herman opened the meeting with an address highlighting the current state of the Hamptons market and the company vision to move forward. Ms. Herman also congratulated her agents for their superior performance in the company over the past 12 months. Obituaries We regret to inform you of the passing of Norman Dow of Halmike Realty in Cambria Heights. Services were held on November 15th, 16th and 17th at J Foster Phillips Funeral Home in St. Albans. We regret to inform you of the passing of Christina Maria Anzalone, mother of Salvatore Anzalone of Premier Home Sellers, Centereach. Service was held on November 16th at Ott Laugline Funeral Home in Auburndale, Florida. We regret to inform you of the passing of Al Sherman of Prudential Douglas Elliman, Franklin Square. Service was held on November 25th at the Long Island National Cemetery. We regret to inform you of the passing of Steven Lipiac, father of Nancy Fink of Prudential Douglas Elliman, Babylon. Services were held on November 29th, 30th and December 1st at Noce Funeral Home in West Babylon. Obituaries can now be found on The REALTOR only web site at: mlsli.com/ro/newsitems/news.asp We are proud to announce the acquisition of Ryan and Walis Realty in Long Beach, NY. Dan Ryan, former Broker/Owner and 2005 MLS President has joined Prudential Douglas Elliman Real Estate’s Leadership Team. Dan’s decision to join Prudential Douglas Elliman with Ryan and Walis Realty was done to ensure the long term successful interest of his sales agents and their families. As agents of the New York metropolitan area’s largest real estate firm, with 66 offices serving over 350 communities island wide, Prudential Douglas Elliman agents achieve success at the highest levels. We give the best real estate people the best tools to get the best results. We’d like to do the same for you. Thinking of making a move? Call Dan to find out why he did. D a n R y a n , Executive Leader 516.763.1200 [email protected] B E A U T I F U L I N V E S T M E N T S prudentialelliman.com THE REALTOR® Daniel Gale Sotheby’s International Realty Rewards “Gold Circle of Excellence Agents” with an all-expense paid trip to Boston, for their outstanding sales performance. The trip included wine tasting, whale watching and world class entertainment. ● together with CIPS designees Lorin Alvarez and Maria Palmar attended the 2005 FIABCI-USA (The International Real Estate Federation) United Nations Day program. Pugatch Realty Corp. is pleased to announce that it has joined forces with Jack Rose of Jack Rose Realty of Inwood; Jack has become an associate broker with Pugatch Realty. This will be Pugatch Realty’s third office serving Southwest Nassau County. December 2005 Broker/owner Anthony Atkinson from WEICHERT, REALTORS® — Quality Homes in Baldwin attended the Fourth Annual Weichert Real Estate Affiliates, Inc. (WREA) Management Retreat at the Kingsmills Resort Hotel in Williamsburg, Virginia. He participated in four days of educational sessions and “cracker barrel” discussions, highlighted by addresses from national speaker David Knox and Steve Murray, editor of the industry’s leading publication, REAL Trends. 19 This & That 2005 RPAC HONOR ROLL... It’s your best investment in business! For more information, please contact Randy L. Kaplan, Director of Governmental Affairs, Ext. 380. 20 ● THE REALTOR® ● December 2005 REALTORS POLITICAL POLITICAL ACTION ACTION COMMITTEE COMMITTEE REALTORS THANK YOU TO ALL OF LIBOR’S 2005 RPAC CONTRIBUTORS GOLDEN R ($5,000 and Up) Joseph L. Canfora Dorothy Herman Patricia Levitt Audrey Livingstone CRYSTAL R ($2,500 to $4,999) Susan Helsinger STERLING R ($1,000 to $2,499) Linda Bonarelli Ralph Bove Nicole Burke Frank Dell Accio Kathleen L. Engel Lisbeth N. English Melvyn S. Farkas Marian Fraker Gutin Barbara F. Frechter Carol Gallo Turschmann Gail M. Gladstone Philip C. Laffey Maxwell S. Levitt Otto Lugo Patricia M. Masone Mary F. McLaughlin Michael Mendicino Walter D. Messina Joseph E. Mottola Richard Parisi Lee Rothleder Daniel Ryan Donald C. Scanlon Joseph T. Sinnona Frank S. Urso Marilyn Urso Henry F. Weber Richard M. Witt PRESIDENT’S CLUB ($500 to $999) Matthew B. Arnold Gabriele Bishop Miguel A. Cabrera Elizabeth M. Curran Lawrence P. Finn Barbara Ford Lisa Healy Martin P. Hepworth Robert J. Herrick Walauddin Hoosein Mathew K. Horn Barbara McDonough Bettie M. Meinel Jay B. Meringoff James A. Netter Gilbert A. Picard Katherine Rossi Richard M. Shane Tony Smith Christopher Von Zwehl CAPITAL CLUB ($250 to $499) Richard Artman Paul R. Basileo Alan L. Berger Lisa R. Bornschein James E. Brown David P. Callaghan Veronica Capuzzo Peter Caruso Christina Cidoni Thomas Cidoni Mary H. Cooper Anthony Conti Marie A. Costello Branko I. Cuzzone Richard P. Dallow Gloria Datlow Felicia A. Davey Floyd G. Earl Sooroojnee Edoo Carole M. Evans James Faulkner Alejandra J. Fermin Cosmo Ficara Hugh L. Foster Mary G. Fudens Veronica L. Garza Nicholas Gigante Nicholas Gomez Brigitte E. Greene Jack L. Hangen Steven M. Harney Susan L. Hartigan Edith K. Heinemann Suzanne L. Herrick Llubica Janjic Arthur J. Kalman Mohammad M. Keita Amy Kernaghan Marisa Kines Richard J. Koch Catherine Kolsch Lucy D. Kraus Sheryl F. Kushnick Joseph V. Leoncavallo Teddy H. Livingstone Pam E. Llobell Korinek Marjorie T. Lord Jorge L. Machado Jean Mansueto Anne M. Marian Patrick S. McCoy Norman Mendelson Jeanie Merritt Denise M. Morrissey Mara D. Navaretta Joohee Oh Linda K. Papanastasiou Christine G. Parker Vincent J. Pecora Matthew J. Pokalsky Joe Purschke Aileen Rankin Sandra Rappolt Carl W. Riese Steven M. Rosmarin Tina Rossetti Stephen E. Ruth Jane L. Salamon Sol Maria Santiago Ann Marie Schiano Robert T. Sendel Edward S. Smith Moria N. Sokol Christine S. Sparacino Jim Speer Kathleen Springer Alfredo Stanco Neil E. Sterrer Kelley J. Taylor Frank A. Urso Susan L. Urso Paul K. Wernersbach Elise Williams Debra A. Woods Mohsen Zandieh $99 CLUB ($99 to $249) Annie Abraham Nordeen Accardi Kenneth L. Adamo Omokayode A. Adewumi Mark S. Adler Brian Agard Edul N. Ahmad Jashimuddin Ahmed Mohammad S. Alam Lisa Albinowski Saunde Vincenza Alia Amir H. Alishahi Clyde E. Allsopp Dale D. Alstead Katy Anastasio Christopher Andron Teresa A. Angelino Joseph M. Annarumma Rosaria Anninos Salvatore M. Antonacci Mitchel D. Appel Maria R. Aramanda Satyanand Arjun Christopher Armstrong Richard B. Arnold Susanne N. Arnold Ralph Arnoux Dorothy A. Aschkar Evelyn Atanas Anthony D. Atkinson Pablo P. Ayala Palackal K. Babu Barbara M. Bach Nicholas J. Badame Jogendra S. Bagga Krishna J. Baldeo James A. Balletta Coobeer A. Balram Olga Baram Gurcharan S. Baring Alvin R. Barnett Michelle R. Bartlett Deonarine Basdeo Phyllis S. Baynes Superville Sharona Beck William F. Becker Michael Bello Sandi M. Bellucci Rita B. Bender John G. Bendick Rachel Benedetti Bryan P. Berardelli Jackie Berg Chandrowti Beria Hal Bernfeld Heribert P. Berry Ghias U. Bhuiyan Luke J. Bigelow Aliza Bitton Andrew J. Bloom Samira Bloorian Timothy L. Bompart Lucille Bonanno Kathy P. Borg Helena A. Born Kim M. Bowdwin Geralynn Bozza John Bradley Margaret M. Brady Deanne Brand Audrey K. Brandt Arthur Briscoe Joanne M. Brody Gerard E. Brogdon Robert A. Brokate Veta I. Brome Deborah A. Brown Janet L. Brown Michael A. Broxmeyer Stephen A. Bruno William C. Buckley Denise C. Buser William J. Butler Nelson N. Byfield Myrna Cadet Osse Leon Calderon Alejandro U. Calma Louis J. Campione Peter M. Caputo Henry R. Cardello Alexander J. Caro Elizabeth C. Casazza Jean Casella David A. Caspi Patricia Cassimatis Francis A. Castano Hector Castillo Peter J. Cavallaro Charles Chang Michelet Charles Takeram Charran Gurinder S. Cheema Tian Yan Chen Maurice G. Chin Mohammad A. Chouhan Soun Young Choy Rosanne C. Church Robert D. Ciminelli James Clark Jeanne Clarke Christopher Clifford Jerome Z. Cline Peter J. Cohen Kellis B. Collins June Colthirst Elinton A. Concepcion John Condon Patrick Consalvas Gus Contos Ronald S. Cook Raymond A. Cooper Albert P. Cornella Grace Corradino Joseph J. Corriston Salvatore Crifasi Constantine Ctorides RPAC UPDATE go to those Realtors and WELL....WE DID IT ! ! ! Affiliates who have really LIBOR reached it's outraworked "above and beyond" geous goal of $333,000 ! to help RPAC in reaching How?. with the help of so goal. I would especially like many of our members and to thank my Suffolk Vicetheir commitment to RPAC Chair, Liz English, for her and our industry. I'd like to endless energy in collecting acknowledge that the support RPAC funds. Special thanks and teamwork has been great also to our staff members, and is definitely the reason for Randy Kaplan and Kim our success. Comb for their tireless efforts And now....Congratulations Pat Levitt are in order. Congratulations RPAC Chairperson in making sure our members were always aware of the first to our 2005 LIBOR President, Marian Fraker-Gutin for having importance of their RPAC participation RPAC reach goal during her reign. (She and its needs. They were both exceptionalso pitched in many times at Chapter al in their commitment and support to meetings, speaking and collecting for me, RPAC and LIBOR as was our own, RPAC.) Congratulations to our RPAC Joe Mottola. Also, I would be remiss if I Committee. Congratulations to those who didn't acknowledge the instructors and staff that explain at our Orientations what contributed and spread the word in 2005. Congratulations to the entire RPAC stands for and how important it LIBOR/MLS team for meeting such a will be to them as Realtors. Thank you, huge goal !Take a moment to reflect on Thank you, Thank you. I feel honored to have been able to be what a difference 1/3 of a million dollars can make in our local, state and national your RPAC Chair this year and even more so to have been asked to be the political arena. Remember as you pay your 2006 Chair again. I'm looking forward to servLIBOR dues to include your voluntary ing as your 2006 RPAC Chair and meetRPAC contribution. It is your personal ing the challenge of our new goal. investment in real estate. If all of our Together as the LIBOR team I'm certain members would give their fair share, we can do it again ! ! Best wishes for a Happy, Healthy and reaching goal will be "a breeze". What I really need to express is to Prosperous New Year. thank you all for your support and cooperation. I can never really begin to say "thank you" enough. My sincere thanks Katherine Cuddeback Shari Cuff Renee A. Cuitkovic Anna Cummings Peter D. Cylvick Emilia D Urso Samuel DaGrossa Erik M. Damers Leonard T. Damico Yvanne A. Daniel Vishwanand Daramdas Surekha S. Dave Roman Davydov Vickie F. DeFriest Ramon DeJesus Vincent Dell Accio Ramses Delva Lloyd G. Denham Suzanne DeNoyior Erik M. DePaula Gustave F. DeVelasco Joseph Devito Anoop Dhanpat Pal S. Dhillon Juliet M. Dietrich Maralyn C. Diggin Janis A. DiGiovanni Mark L. DiMarsico Anthony C. DiPaolo Christine A. DiRaimo Jeetandra Dirpaul Josephine G. Dizon Valmiro L. Donado Sabita D. Doodnauth Sean P. Dougherty James Dowdell Carmela Dragonetti Jian J. Du Kenneth J. Dunn Guillermo Duque Judith L. Edge Byron C. Edwards Robert Eisenoff James H. Elstroth Akiva Kevin Emergi Gloria D. Escobar Oscar Esquivel William K. Evans Afotan O. Fadairo Quenida Falcon Marie Falson Cheryl Fama Rocco J. Famiglietti Eilen W. Fan Jeffrey A. Farkas Jose L. Felipe Charles J. Fernandez Frank J. Ferraro John Ferrer Clifford S. Fetner Raymond Figalora Warren M. Fink Florence Finkelstein Marcia Finkelstein Debra Fiscaletti Rita M. Fischer Carol K. Fisher Charles J. Fisher Gilberto Flores Harris S. Focer Wesley Ford Mario Fortune Jennifer Fox Russell L. Fragala Erica L. Freeman Harlan A. Freilicher Ira Freireich Susan Friedman Odery Robert Frisoni Christine R. Gaffney Rajnikant V. Gandhi Donna M. Gant Joy B. Gape John Garcia Roger E. Garcia Isaac Genosar Pablo A. Geymayr Kathleen Giaimo Andrew Giancontieri Richard J. Gibbs Curtis P. Gilman Stanley E. Gilpin Jamell A. Givens Rachel Glants Rami Glattman Miriam Gold Susan Goldman David R. Gonzalez Surujdai Gopaul Dmitry Gorbaty Mark D. Gordon Abraham Goren David I. Gotthelf Michele M. Gottlieb Patti A. Gottlieb Maria A. Grace Gerald Graham Robert R. Grant Shelina Graves Jennifer R. Gromus Andrea S. Gross Eva Guardado Jerry C. Guarino Cesar A. Guevara Anthony L. Guidice Fei Guo Nena E. Gutierrez Louis Gutin Yong I. Ha Narul Hack Anita Halvatzis Martin G. Hammer Allen K. Hand Robert L. Harding Michael Held Edgar Hernandez Sonia M. Hernandez LaRue S. Hirsch Arthur M. Hofbauer Warren S. Hoffman Peter Hollnsteiner Rachel M. Hollywood Newton L. Homan Beba K. Hoosein Herman S. Horn Willard P. Hough Rick Hovanec Lorna M. Howell Yung Hsu Amin El K. Hussain Rohan Imamudin Anthony Imperato Franklin T. In Herbert Ingber Jack D. Ingold Lein T. Ishman Mohammad A. Islam Mohammed M. Islam Richard Israel Robert C. Jacobsen Alexander V. Jacobson Joshua Jagessar Chandru Jagwani Christo Jean Pierre Caroline Jemison Keith Jewell Latchmie R. John Louise E. Johns Elliot M. Johnson Owen Johnson Gian A. Jones Davor Jovic SMS Kabir Ira M. Kahn Basmattie S. Kahnauth Janet M. Kalman Faith G. Kanen Morton Kaplan Randy Kaplan Nazmoon Karim Marina S. Karousos Philip Katz Faizulmunir A. Kazi James M. Keaveny Glendora A. Kennedy Vaughn G. Kerkorian Richard C. Kesnig Martha M. Keys Ebrahim Khalili Jennifer S. Kim Richard S. Kim Jim King Steven M. Knobel Sharon Kollore William O. Konkel Jennifer Kontzamanys Emily P. Koo Oommen Koshy Wayne Kovarik Anamaria Krause Brand Mary J. Kronwitt Sidney Kwintner Emily Kwok Raoul Lafaye Kelly Lagoudis Steve Lagoudis Mei Ying Lai Monica Lai Krishna Lakharam Bill Lam Philip K. Lam Tin Kam Lam Pamela G. Lanigan Joseph A. Lanzetta Ann M. Lasker Robert D. Lauto Sheila Lawrence Kevin M. Leatherman Chae U. Lee Joann Lee Shirley Lee Yueh Hui Lee Tanda J. Lerner Charles A. Levas Bing Li Xiang Lian Hilda C. Lincoln Kenneth Lippe Donna L. Lomenzo Martha Y. Lopez Shiu Fang Lou Stephen Love Charles Lovell Nancy L. Lovett Emily Lui Deana Lyles Susan B. Lyons Louis J. Macari David R. Machson Patrick H. Mackay Gordon D. Madris Maria S. Magoulas Gyanwattee Mahabir Janet Mahabir Patricia M. Maher Mary E. Mahon Christine R. Maisch Jeanette G. Malaty Amnon M. Malul John F. Maniec Raymond J. Manning Maxo Marcelin Brian J. Marino Gerald F. Marius Judy S. Markowitz Romeo L. Marquez William A. Marquez Carlos Marrero Bernadette L. Martin James Martin Jose Martinez Salvador N. Martinez Vito Martinico Susan Martino Leonard Marzocco Trevaris J. Mason William M. Mason Luis A. Matias Patricia G. Maude Roman Mavashev Thomas J. McCarthy Monica McLeod Maureen A. McMahon Theresa A. Medici Azucena C. Medina Manuel Medina Udit Meetoo Alexis M. Mendez Bernard Miglio Don J. Miller Robert R. Miller William Miller Grace H. Min Lola N. Mitchell Lionel A. Mohabir Nazim K. Mohamed Abdul Mohammad Dean Mohammed Gloria C. Molloy Alice H. Morabito Luis F. Morales Michael J. Morris Donna K. Mule Juan Murcia Wayne A. Murray Jatinder K. Nagpal Paul P. Napolitano Peter B. Narain John Natale Carlos M. Navarrete Larrington G. Nembhard Ricky D. Netram Kristina S. Netter Pauline M. Newell Vasile Nica Varisier Noel Kyle E. Norton Salvatore J. Nuccio Glenn T. Nugent Stephen M. O’Brien Deirdre N. O’Connell Gerard L. O’Connell Virginia O’Dwyer James F. O’Kane Shelli M. O’Rourke Jay Oberlender Inshan Ogir Rocco A. Oliverio Olawale Omotosho Peter T. Orisses Rosemarie Orlando James Orticelle Dianne Ortiz Jason A. Oshins Eric Pagan Michael Pagani Salomea Palade Concetta Palamaru Paula I. Panter Vincent C. Papa Maureen Papalas Frederick T. Paparelli John A. Pappalardo Jim Pappas Ravishankar Parbudin Youngsoh Park Francis A. Paruolo Antonio J. Patino Mel J. Patto Neev Peleg Denise Perfido Jaipaul Persaud Ouditnaraine Persaud Tejpaul Persaud Leo Pesso Linda J. Petralia John L. Petsco James A. Phillips Eytan A. Pick Rosetta L. Pirillo Salvatore Polito Roger L. Post Thomas M. Potter David E. Pour Fredric A. Powell Jolie Powell Dina A. Powers James S. Powers Kumari S. Prashad Evans D. Prieston Rose Marie Princi Barry D. Pugatch Arthur Pulitzer James J. Quail Debra Quinn Petkanas Kenneth Racktoo Joseph Ragnauth Tajpertab Rajkumar Jay G. Rakhar Virginia A. Rallis Chabbilall Ramautar Kumar Ramdass Gladys Ramirez Eric G. Ramsay Eileen Rankin Alfred Rankins Michael B. Raphan Linda D. Rappaport Tayseer Razik Joseph M. Record Celene Riccardi Mary J. Rice Vaughn W. Richmond Swaranjit S. Rikhy Frank Rillotta Lorraine Rivera Rafael Rivera Raymond N. Rivera Asia Roberts Francis John A. Rodger Felix Rodriguez Gloria I. Rodriguez Alfred Rogers Eleuterio Rolon Diana M. Romano Modesto R. Romero Ronald Rosaliere Jack Rose Kathleen E. Rosenbaum Linda Ross Harriet M. Rowan Thomas Ruddy Laura Ruhnke Mary Alice Ruppert Kelly M. Russell Kathleen C. Ryan Asif Saeed Francine Saer Kim Salley Anne Marie Sami Leon Sanchez Charles J. Sanders John S. Sanders Stanley J. Sanders Baldev S. Sandhu Jean Bernard Sanon Wilson Santaliz Juan Santana Laura Santiago R J Santiago Joseph C. Santoro Geraldine S. Sapanaro Shoraf M. Sarker Kenny Kamil Sattaur John Z. Savoretti Dianne C. Scalza Michael D. Scanlon Nancy Scarola Joseph A. Scavo Lori Schlesinger Helaine A. Schneiderman James D. Schwartz Muriel Schwartzapfel Joann M. Scifo Terry Sciubba Barbara A. Seeley Adam F. Seelig William W. Senteza Henry A. Setaro Moses Seuram Vida Shahery Stekler Ofer Shaked Barbara Shane Bhupattie Sharma Reema Sharma Rohit Sharma Jamil T. Sheikh Salman Sheikh Avi Shendy Julia Shildkret Medi Siarezi Philip T. Sica Jessica Silver Danny Singh Nishwa P. Singh Parvinder Singh Robin Singh Trinity L. Singh Phyllis A. Singler Scott P. Sisskind Joshua Smiling Birdia Renee Smith Blanca Smith Dave P. Smith Marcia M. Smith Roy Sobel Balgobin Sookdeo Vishwa P. Sooklal Debra A. Spagna Carol A. Sparaco Florin J. Spariosu Anthony Sperrazza Robert M. Stark Janet M. Sturz Isa D. Stykes Carlos A. Suazo Dave Surujnarain Isaac Szpunt Rosnof Thomas F. Tabone Peter J. Taryan Jaime A. Taveras Terrence J. Taylor Harry G. Terezakis Philip Tesoriero Leo S. Testa Abraham C. Thomas John Thomas Mildred Thomas Mikila J. Thompson Claudine M. Tobacco Jean S. Torralba Bruce J. Torrani Melissa Torres Velez Carien Tracey Anthony M. Trapani Kenneth A. Trestka Marilyn Triolo Alexander Trollinger Suk K. Tsang Christopher Tscherne Demetri Tsilogiannis Edwin C. Tyler Sonita F. Ulmajid Richard S. Ulrich Jin N. Um Vincent Vaiano Carina Valet Valerie Van Cleef Charlotte Vanderwaag Jose E. Velez Lucy A. Verdeschi Cynthia Walsh Bing Shui Wan Lawrence Wang Nathaniel Warren Donna M. Washington Robert P. Weir Kathy J. Werler Carolyn M. Whalen Julian White Patrick E. White Marie Whitman Rocio D. Wiesner Linda J. Wikso Yvonne Wilburne Shareefa Williams Edward F. Wilson Jamie C. Winkler Ariela Wolkowitz Byung Soo Woo Joseph T. Wright Bangcheng Wu Gang Xiao Michael R. Yablon Gregory A. Yadgaroff Tatyana Yadgarov John A. Yeamans Chao Ling Yeh Carl Yellon Melanie Yepez Gonzalez Raphael D. Yerushalmi Martin Yip Patrick A. Zagarino Ramin A. Zakarya Honjohn Zeiss Thomas P. Zepf Liping Zhao Ellen M. Zipes Marc A. Zirogiannis Raymond A. Zorovich LESS THAN $99 Mohammed M. Allam Sabat Beatto Mary L. Belline Suzanne B. Bohner Tracy L. Boucher Carolina Boucos Barbara J. Boyle Charles A. Brisbane Dee Dee H. Brix Eric W. Brooks Linda Brown Jeanette F. Case Barbara Catalano Young Chul Chang Yung C. Cheng Poug H. Chia Milton M. Choto Joanne T. DeMaio Amanda M. Fink Lhaika C. Fortuney Jose V. Giraldo Howard Goldson Elia J. Hajjar Eloise R. Halpern Michelle A. Hellem Carlos E. Herrera Kelvin D. Hilton Han K. Kim Sehwan Lee Sandi Lefkowitz Anna M. Lemaitre Jean M. Margolin Samuel Marrero Elinor J. Matthews Despina Mavrakakis Jack Muratore Dawn A. Noak Michael Piccolo Karen L. Provenzano Martha Real Dominique C. Schneider Yakov K. Shina Kulwinder Singh Linda S. Smith Adnan Tahir John J. Tufarelli Wilson Valmond Anthony M. Violago David B. Walti Janet L. Willis Xiang X. Zhang *These LIBOR members have pledged RPAC contributions. **All contributors of $20 or more will be automatically entered into NYSAR and LIBOR Sweepstakes. 21 ● LEGAL/GOVERNMENTAL LEGAL/GOVERNMENTAL Goldson, Nolan, Connolly, P.C. Who Would You Vote For? Angie is having a busy time at her unbroken chain of events which results open house, but she can’t fail to notice in the deal between the buyer and the when Mary Magic walks in. Mary is 6'8" seller. Generally, the law requires more and a professional basketball player and than simply showing the property to the Mary seems very interested in the house. buyer. The broker or agent must have She spends a long time looking at the ignited an interest in the buyer which MLS data sheet Angie provided, toured ultimately led to the purchase. the whole place, and asked Angie lots of The facts of this case are close and it is questions about terms and financing. not easy to decide. If I were an arbitrator, Angie is a fan of the Women’s National I would vote for Barry, and here’s why. Basketball Association and recognized Barry had established a relationship Mary. They talked about the WNBA and with Mary first, and that relationship was Angie even got Mary’s autograph - both one of principal and agent. Barry was in her address book and at the bottom of Mary’s broker. While this fact by itself is the agency disclosure form that informs not determinative, in this case, it is a facMary that Angie represents the seller. tor which must be considered. Angie, on The next day, Angie receives a tele- the other hand, acted with Mary as a disphone call from Barry. Barry advises closed agent for the seller. While that fact Angie that he is a buyer’s agent and has does not necessarily mean that Angie did an offer on the property. Angie doesn’t not initiate Mary’s interest in the properrecall Barry ever making ty, it must also be considan appointment to show ered in making a decision. the property, but the offer Barry alerted Mary about is very attractive, and the “The resolution the open house and recomowner agrees to accept it. mended that Mary see it. centers around Presumably he knew what It’s only after Angie receives the faxed contract the application of Mary was looking for in a from Barry that she realhouse and had determined the legal izes the buyer is Mary that this house might be the doctrine of Magic. Angie then calls one Mary would purchase. Barry to inform him that procuring cause.” Barry also described the she will be claiming both house to Mary thus paintthe listing and selling side ing a verbal picture of what of the commission because she could expect to see. Mary saw the house at the Whether or not Barry was open house the previous day and asked the procuring cause at this point in the all sorts of questions. Clearly, Angie analysis is still an open question, howevasserts, that proves that she is the procur- er, it is clear Barry at least motivated ing cause of Mary’s offer to purchase. Mary to go to the open house. Barry contends that he was the procurAngie was present when the house ing cause of the sale. Although he was shown, provided the MLS data sheet acknowledges that he hadn’t shown and answered Mary’s questions. These Mary the inside of the house, he had told are important facts and provide strong Mary about the property and encouraged evidence that Angie was the procuring her to go see it during the open house. cause of the sale. However, it is also a Barry knew the house well since he’d fact that Mary made no offer that day sold it to the current owners. In addition, and did not express an interest in making he’d driven Mary by the house after an offer. Nevertheless, if the facts ended Mary had attended the open house and here, I would have voted for Angie. before she made the offer and as her What convinced me otherwise is buyer’s agent had at that time consulted Barry’s reentry into the picture before with her concerning the value of the Mary made an offer to purchase. Barry property and the terms and conditions of drove Mary passed the house again. the offer she eventually made. After the While he did not show the inside of the closing, the selling portion of the com- house, an important factor, he was fully mission is placed in escrow with the familiar with the house layout and was in Realtor association, and Barry com- a position to discuss this with his client, mences arbitration. Mary. Prior to Mary’s offer, Barry disThe resolution of the dispute between cussed the value of the property with Barry and Angie centers around the Mary and what the terms and conditions application of the legal doctrine of of her offer should be. Only after this procuring cause. Procuring cause drive-by and this discussion did Mary acknowledges that a broker or agent does make her offer. It is these factors that not have to be present when the buyer persuaded me to cast my vote for Barry. and seller ink the deal to have earned a Am I absolutely certain that my vote is commission. Rather, a broker need only correct? No, but it is based upon the facts show that they were the initiator of an and it is rational. How would you vote? percent higher than the amounts above. FHA Limits To Increase As a result of the increase in the conforming loan limit announced by the GSEs, the FHA floor limit will automatically increase for those loans insured on or after January 1, 2006. The new FHA limit will be $200,160 which is 48 percent of the new conforming limit (i.e. $417,000). The high cost limit will be increased to as high as $362,790, which is 87 percent of the new conforming loan limit. However, since under the FHA program there is no nationwide limit, HUD will have to compute the individual limits for over 3200 US counties. HUD is expected to publish a new mortgagee letter announcing the areas that will be affected before the end of December. The VA program may also be impacted by this change and will be reported soon. Realtor® Honor Society The Realtor Honor Society recipients were announced at the LIBOR/MLS Joint Board of Directors Meeting held on Wednesday, November 16th at the Woodbury Country Club. Pictured here are recipients ( l-r) Carol Gallo Turschmann, Neil Sterrer, Gail Bishop, Frank Urso, Marilyn Urso, Morty Kaplan, Mel Farkas, Audrey Livingstone with LIBOR President Marian Fraker Gutin. A COMPANY BUILT ON H AC & E Home Inspection & Engineering Corp. O N E S T Y Pre-Purchase Home & Building Inspection - Residential & Commercial Inspecting Over 400 Items Including A Free Termite Inspection Accepted By V.A., F.H.A. & All Banks • Licensed, Insured & Bonded 7 Days A Week • Day & Early Evening Appointments All Inspections Scheduled Within 24 hours ONE COMPANY - ONE CALL 9 + + One Result “SOLD” 9LICENSED ENGINEERS & CERTIFIED INSPECTORS 9N.Y.S Licensed Lead Paint Inspectors 9N.Y.S Licensed Asbestos Inspectors 9Inground Non-Pressure EPA Approved Tank Testing 9Termite Inspection 9Structure Inspections 9Phase I Inspections 9Phase II Inspections SUFFOLK: Over 30,000 Inspections Done 9Roof Certifications 9Cesspool Certifications 9Well Water Testing 9Indoor Air (Mold) Testing 9Expert Witness 9Radon Testing 9Windstorm Inspections 9Pre-Listing Inspections 9Rental Inspections 9Retainer Wall Design 9Residential Building Design & Plans Drawn 631-205-1340 NASSAU: 516-822-0827 ComeFriends, See Why Referred By Your www.lihomeinspector.com We Are Here For You Long After The Inspection Is Over! ALL CREDIT CARDS ACCEPTED ATTENTION: NYS Real Estate Licensees. Is Incorporation Right for You? On August 10, 2004, New York enacted an amendment to Article 12A of the Real Property Law that allows Brokers to pay commissions to a corporation if all of the shareholders of the corporation are licensed agents of the Broker. This change could provide a new financial opportunity for some salespeople and all agents are encouraged to seek advice from counsel to determine what is best for them. Think incorporation might be right for you? Ask yourself these simple questions first: • Do you have anyone working for There is no charge for the initial you, family or otherwise, that you phone call and all calls will be held in pay for assisting you? confidence. Call Cathy today. • Are you operating your own small business? • Do you want to reduce your taxable income? Attorneys & Counselors at Law If you answer yes to any one of these Where the Realtor® Interests questions, call Cathy Nolan at Goldson, Nolan, Connelly, PC at 631-844-0220. are Taken to Heart. GOLDSON NOLAN CONNOLLY PC P R O F E S S I O N A L I S M THE REALTOR® by Howard W. Goldson On November 29, 2005, Fannie Mae and Freddie Mac increased conforming loan limits on single family properties from $359,650 to $417,000, effective January 1, 2006. This loan limit increase reflects the October-to-October changes in average house prices, as published by the Federal Housing Finance Board, and complies with the Supervisory Guidance issued by the Office of Federal Housing Enterprise Oversight (OFHEO). Loan limits will also increase on other properties as follows: • $533,850 for mortgages on two-family properties (up from $460,400); • $645,300 for mortgages on three-family properties (up from $556,500); and • $801,950 for mortgages on four-family properties (up from $691,600). Under the Fannie Mae and Freddie Mac charters loan limits in states and territories designated high-cost areas — Alaska, Hawaii, Guam and the U.S. Virgin Islands — are 50 ● COUNSELOR’S COMMENTS December 2005 New Limits for Fannie Mae and Freddie Mac 22 ● December 2005 THE REALTOR® ● EXCLUSIVELY FOR REALTORS®: FREE MARKETING STRATEGIES & SECRETS 1. 2. 3. 4. 5. 6. FREE Monthly Newsletter FREE Weekly E-mail “Sales Tip-Sheet” FREE Restricted Access “Members Only” Information-Rich Web Site FREE Monthly Coaching Tele-Seminars FREE Success & Marketing Audio/Video/Book Lending Library FREE Monthly “Sales & Marketing Mastery” Audio Series: Interviews With Top Performers In Real Estate AND Legendary Sales, Marketing and Success Experts For Details Visit www.ForNewYorkRealtors.com 23 Case #17-1: Obligation to Submit to Arbitration REALTOR® A and REALTOR® B had been engaged in a cooperative transaction that resulted in a dispute regarding entitlement to compensation. Rather than requesting arbitration before the Board of REALTORS®, REALTOR® A filed suit against REALTOR® B for payment of the compensation he felt REALTOR® B owed him. Upon receiving notification of the lawsuit, REALTOR® B filed a request for arbitration with the Board, which was reviewed by the Grievance Committee and found to be a mandatory arbitration situation. REALTOR® A was advised of the Grievance Committee’s decision, but refused to withdraw from the lawsuit. Thereupon, REALTOR® B filed a complaint with the Board charging a violation of Article 17 as supported by Standard of Practice 17-1. REALTOR® A was directed to be present at a hearing on the complaint before the Board of Directors. Evidence that REALTOR® B had sought REALTOR® A’s agreement to submit the dispute to arbitration was presented at the hearing. REALTOR® A defended his action in filing the suit and refusing to submit to arbitration by asserting that under laws of the state, the Board of REALTORS® had no authority to bar his access to the courts or to require him to arbitrate his dispute with REALTOR® B. The Board of Directors concluded that REALTOR® A was correct as to his legal right and as to the Board’s lack of any right to prevent him from filing a suit. It was pointed out to REALTOR® A however, that the Board of REALTORS® is a voluntary organization, whose members accept certain specified obligations with respect to their relations with other REALTORS®, and that if he wished to continue as a member of the Board he would be obliged to adhere to the Board’s requirement as to arbitration. Because REALTOR® A would not withdraw the litigation, the Board of Directors concluded that REALTOR® A was in violation of Article 17 for refusing to arbitrate in a mandatory arbitration situation. However, it was noted that if REALTOR® A had filed litigation against REALTOR® B, and had REALTOR® B then requested arbitration with the Grievance Committee determining that an arbitrable issue of a mandatory nature existed, REALTOR® B might have successfully petitioned the court to remand the matter to the Board for arbitration, and there would have been no finding of a violation of Article 17 since the Board’s arbitration process would have been ultimately compiled with. The Ethics cases published in this issue have been chosen by the 2005 Chairperson of the Professional Standards Committee, Tony Smith. Advertise In 1. That LIBOR provides an Escrow Account for all commission disputes pending an Arbitration hearing. CONTACT: Christopher Meadows Tel: (516) 676-6089 Fax: (516) 676-4769 Email: [email protected] 2. That you must file for Arbitration first and then your Ethics complaint will be heard after the Arbitration hearing is completed. 3. If you file for Ethics first, you waive your right to Arbitrate. ATTENTION REAL ESTATE PROFESSIONALS!! CAREER OPPORTUNITIES Sales Positions Available Experienced and Non-Experienced Agents Forest Homes the Nation’s # 1 Panelized Home System is in Metro NY Consolidated Properties Group, Inc. is the exclusive representative of Forest Homes New York. www.ForesthomesNY.com If you are looking for new ways to earn more $$$ and increase your income... enter the lucrative field of New Home Construction Sales. An established real estate office since 1969 we offer diversified income streams, flexible commission plans, base salary + commission. Flexible hours! Continuous training! A friendly work environment! Call Shifa today for a confidential interview 631-661-1100, extension 27. Consolidated Properties Group, Inc., 475 Montauk Highway, West Islip, NY 11795 “Experience & Integrity for Four Generations” Immediate Sales Positions Available! Now Hiring Loan Officers & Talented Team Leaders! Under Challenged If you are Motivated and Under Paid Under Appreciated • Great Compensation Plan • Your Appraisers, Title, Settlement Companies • Advertising Support • 24-Hour Payout • Close Broker/Table/ Correspondence — Your Choice $ JOIN US! • Processing Support Available • Originate and Close Nationwide • Accounting Services • Medical, 401K • Email Support and Web Site Development Tired of Making Your Broker Rich? Set Your Own Hours FHA-VA; Residential; Commercial; Sub-Prime 1-866-626-5338 www.ghmc-directlender.com Licensed Mortgage Banker, NYS Banking Department. Licensed Lenders Throughout the Nation. THE REALTOR® refuses to disclose the existence, type, and duration of his listing, Standard of Practice 16-4 recognizes the REALTOR®’S right to contact the seller directly to get that information. Once the REALTOR® secures information on the type and duration of the listing, Standard of Practice 16-4 also permits him to discuss the terms of a future listing or to enter into a listing that becomes effective upon the expiration of the current listing. The panel’s decision also indicated that REALTOR® B could have barred REALTOR® A’s contact with the sellers simply providing him with information on the nature and status of the listing. The panel found REALTOR® A not in violation of Article 16 of the Code of Ethics. ● Case # 16-10: refusal to Disclose Nature and Expiration Date of Listing REALTOR® A, on his way to his office, noticed the deteriorated condition of a “For Sale” sign posted on an unimproved site bearing the name of REALTOR® B. He remembered that REALTOR® B’s “For Sale” sign had been on that site for a considerable period of time. REALTOR® A decided to call REALTOR® B to determine the status of the property. In response to several questions, one of which was, “Do you have an exclusive listing on that property?” REALTOR® B replied that he was not obligated to disclose the nature, status, or the type of listing. After considerable conversation, REALTOR® A stated his intention to contact the property owners for this information, citing Standard of Practice 16-4 as the basis for his action. REALTOR® B warned REALTOR® A not to “cross his sign” and refused to discuss the matter further. A few days later, REALTOR® B had a telephone conversation with the property owners and learned of their decision to list their property with REALTOR® A when their current listing with REALTOR® B expired the following week. REALTOR® B filed a complaint against REALTOR® A with the Board, stating that REALTOR® A’s actions in contacting his client had been inconsistent with REALTOR® B’s agency. The Grievance Committee reviewed the complaint and the response to the complaint filed by REALTOR® B. The case was referred to the Secretary to schedule a hearing by a Hearing Panel of the Board’s Professional Standards Committee. During the hearing, REALTOR® B repeated his complaint and his conversation with REALTOR® A. He also advised the Hearing Panel of his telephone conversation with the property owners and of their decision, as a result of REALTOR® A’s direct contact, not to relist the property with him, REALTOR® B. “Not only did REALTOR® A fail to respect my agency with the property owners by contacting them directly,” said REALTOR® B, “but he violated Article 16 by taking the opportunity to relist the property away from me!” REALTOR® A defended his actions by stating that he had requested information on the nature and status of the listing from REALTOR® B, as required by Article 16, and that REALTOR® B had refused to divulge the information; and that he had contacted the property owners only after this refusal, citing as his authority the principle established in Standard of Practice 16-4. “The sellers were happy to discuss listing their property with me, once I described the services my firm could offer,” said REALTOR® A. “They said they hadn’t had an interested customer since the first week of their listing with REALTOR® B.” After giving careful consideration to all the evidence and testimony, the Hearing Panel concluded that REALTOR® A’s actions had not been inconsistent with the agency of REALTOR® B. The panel advised that REALTOR® B’s refusal to disclose the nature and status of his listing had freed REALTOR® A to contact the property owners. The Hearing Panel’s decision noted that Article 16 requires a REALTOR® to respect the agency of another REALTOR®. But, in order to respect the listing broker’s agency, the REALTOR® must be able to determine if a listing really exists. If the listing broker Did You Know? December 2005 ETHICS...This Month’s Topics ● ETHICS & & RULES RULES ETHICS 24 ● December 2005 PROFESSIONAL DEVELOPMENT DEVELOPMENT PROFESSIONAL STRATUS COMPUTER TRAINING MLS STRATUS DEMONSTRATION — FREE THE REALTOR® ● Three hour lecture demonstration (NOT hands-on). Instructor will show the Stratus system on an overhead projector. All functions of Stratus will be covered: Searching, CMA, Update, Info Center, Public Records, Add/Edit, Prospect Match, Contacts. All members welcome — reservations are a MUST! 3 Hours (1 meeting) NO PRE-REQUISITES. 3 HOURS CE NOW AVAILABLE. LIBOR Members with CE: $25 • LIBOR Members without CE: FREE West Babylon . . . . Jan. 6, 2006 . . . . . . . . . . . . . . . . . . . 9:30 a.m. — 12:30 p.m. Jackson Heights . . . Jan. 4, 2006. . . . . . . . . . . . . . . . . . . . . 10:00 a.m. — 1:00 p.m. Riverhead . . . . . . . Jan. 11, 2006. . . . . . . . . . . . . . . . . . . . 10:00 a.m. — 1:00 p.m. NEW CLASS HOURS!!! Now Available — Take 2 Stratus Computer Classes in 1 Day... Receive 7.5 Hours of CE Credit (Each Class 3.75 Hours) GET INTO STRATUS — SEARCHING LEVEL 1 This hands-on course includes: Stratus Log-In, Review of Internet Explorer Basics, Stratus functions/tabs/Navigation, Stratus Update — How to Print, Pre-Defined Searches, Quick Search, Search Results screen; printing, Reports: Full/Thumbnail/Flyer; printing, Using Help & Stratus FAQ’s, Print by ML#, Today’s Listings on Info Center and much more! 3.75 Hours (1 meeting) PREREQUISITES: Computers Essentials and/or knowledge of minimize/maximize/drag Windows, mouse click and double click, scrolling and task bar. $59 Each Class — LIBOR Members -or- Ask About Our 2, 3, or 4 Class Package and Save $$$!!! COMPUTER EDUCATION West Babylon . . . . Jan. 11, 2006 (A.M. Session). . . . . . . . . 9:00 a.m. — 12:45 p.m. Jackson Heights . . Jan. 18, 2006 (A.M. Session). . . . . . . . . 9:00 a.m. — 12:45 p.m. MAXIMIZE YOUR STRATUS SEARCHES — SEARCHING LEVEL 2 This hands-on course includes: Full Search, Flex Search, Radius Search, Multi-Level Sorting, Saving Searches, Custom Report Design, Statistics and Counts and much more! 4 Hours CE (1 meeting) PREREQUISITES: Get Into Stratus and/or knowledge of all functions covered in Get Into Stratus. $59 Each Class — LIBOR Members -or- Ask About Our 2, 3, or 4 Class Package and Save $$$!!! West Babylon . . . . Jan. 11, 2006 (P.M. Session) . . . . . . . . . 1:45 p.m. — 5:30 p.m. Jan. 19, 2006 (A.M. Session) . . . . . . . . 9:00 a.m. — 12:45 p.m. Jackson Heights . . Jan. 18, 2006 (P.M. Session) . . . . . . . . . 1:45 p.m. — 5:30 p.m. POWER LISTING WITH CMA AND OTHER STRATUS TOOLS This hands-on course includes: Designing and Printing a Stratus CMA, Adding and Editing MLS listings, Adding and Editing Private listings, Uploading multiple property photos, Market Share reports and graphs, Contacts: add, edit, search, print, download and much more! 4 Hours CE (1 meeting) PREREQUISITES: Maximize Your Stratus Searches and/or extensive Stratus searching experience. $59 Each Class — LIBOR Members -or- Ask About Our 2, 3, or 4 Class Package and Save $$$!!! West Babylon . . . . Jan. 13, 2006 (A.M. Session). . . . . . . . . 9:00 a.m. — 12:45 p.m. Jan. 19, 2006 (P.M. Session). . . . . . . . . 1:45 p.m. — 5:30 p.m. Jackson Heights . . Jan. 24, 2006 (A.M. Session). . . . . . . . . 9:00 a.m. — 12:45 p.m. LEADS & LABELS WITH STRATUS COUNTY RECORDS This hands-on course includes: Searching property records by address, Searching property records by owner name, Researching lis pendens, Researching property classification (business, commercial, residential, land), Downloading property addresses from public records, Printing mailing labels using Word’s mail merge function and label wizard and much more! 4 Hours CE (1 meeting) PREREQUISITES: Maximize your Stratus Searches and/or extensive Stratus searching experience. $59 Each Class — LIBOR Members -or- Ask About Our 2, 3, or 4 Class Package and Save $$$!!! West Babylon . . . . Jan. 13, 2006 (P.M. Session) . . . . . . . . . 1:45 p.m. — 5:30 p.m. Jan. 23, 2006 (A.M. Session) . . . . . . . . 9:00 a.m. — 12:45 p.m. Jackson Heights . . Jan. 24, 2006 (P.M. Session) . . . . . . . . . 1:45 p.m. — 5:30 p.m. REGISTER ON LINE AT www.mlsli.com –OR– Call to Register • 631-661-4800 ext 21 GENERAL COMPUTER TRAINING Get an Extra Hour for the Same $29 LIBOR Member Price COMPUTER ESSENTIALS USING WINDOWS XP AND THE INTERNET Calling all frustrated computer users! Are you TIRED of asking for help? Learn how to find lost files, create new folders, change your desktop, install and uninstall computer software and much more using the latest version of Windows. You will also learn to search the Internet for helpful websites using the most popular search engines such as Google and Yahoo. See how easy it is to navigate around the Web and find the information you need. You'll do some searching for real estate websites in your town and find out what your competition is up to! 4 hours hands-on (1 Meeting) PRE-REQUISITES: NONE. NO CE AVAILABLE. TUITION: $29 LIBOR Members/$39 Non Members West Babylon . . . . Jan. 12 , 2006 . . . . . . . . . . . . . . . . . . . 9:30 a.m. — 1:30 p.m. Jackson Heights. . . Jan. 6, 2006 . . . . . . . . . . . . . . . . . . . 10:00 a.m. — 2:00 p.m. Riverhead. . . . . . . . Dec. 15 . . . . . . . . . . . . . . . . . . . . . . . . 10:00 a.m. — 2:00 p.m. FLYERS, LETTERS AND MAILING LABELS: MICROSOFT WORD FOR THE REAL ESTATE PROFESSIONAL Realtors need top notch looking documents to set themselves apart from the competition. Learn how to create property flyers, client letters and mailing labels for mass mailings.This class covers creating and saving new documents, inserting photos, adding borders, changing fonts and other fabulous features to enhance your marketing efforts. 4 hours hands-on (1 meeting) PRE-REQUISITES: Computer Essentials Using Windows XP and the Internet, or equivalent experience. Student must have some basic familiarity with WORD. NO CE AVAILABLE. TUITION: $29 LIBOR Members/$39 Non Members West Babylon . . . . Dec. 16, 2005. . . . . . . . . . . . . . . . . . . . 9:30 a.m. — 1:30 p.m. Jan. 20, 2006 . . . . . . . . . . . . . . . . . . . . 9:30 a.m. — 1:30 p.m. TOP 20 WEBSITES EVERY REALTOR NEEDS Are you really taking advantage of the wealth of information on the Internet??? From renewing your real estate license online to finding FSBO's, from checking the DO NOT CALL list to registering your own domain name for a future website - this class will give you many powerful tips to build your business and keep a competitive edge. Check out the powerful information on real estate advice and coaching websites, find all the Long Island school report cards, legal forms, and learn how to set up mailings and postcards online! Don’t miss this class. 4 hours hands-on (1 meeting) PRE-REQUISITES: Computer Essentials Using Windows XP and the Internet or equivalent experience. NO CE AVAILABLE. TUITION: $29 LIBOR Members/$39 Non Members CLASS DATES TO BE ANNOUNCED CE IS NOT AVAILABLE FOR THE 3 CLASSES ABOVE. 22.5 HOUR STRATUS CERTIFICATION 22.5 HOUR STRATUS CERTIFICATION GET STRATIFIED!!! Approved for 22.5 hours NYS Continuing Education Credit. 3 day hands-on program completes your 2 year continuing education requirement and makes you a Stratus WIZ! Approved for 22.5 hours CE credit. Class covers Searching, CMA, Contacts, Update, Public Records/Mailing Labels, Prospect Match, Info Center, E-Mail, Custom Reports, Contacts, Add/Edit, Photo Upload. 3 Days • 9:00 a.m. – 5:30 p.m. • 22.5 Hours of CE Credit (**Evening Classes are 5 Days From 5:00pm – 9:30pm) TUITION: $225 LIBOR Members; $250 Admin. Staff (Letter Must be on File) West Babylon. . . . Dec. 12, 13 and 14 Jackson Heights . . Dec. 14, 15 and 16 Riverhead . . . . . . Dec. 14, 16 and 20 West Babylon. . . . Jan. 4, 5 and 9 West Babylon. . . . Jan. 10, 17 and 24 Tuesday Classes Jackson Heights . . Jan. 11, 12 and 13 Riverhead . . . . . . Jan. 18, 19 and 25 West Babylon. . . . Jan. 25, 27 and 30 Jackson Heights . . Feb. 1, 2 and 3 West Babylon. . . . Feb. 6, 8 and 10 West Babylon. . . . Feb. 14, 21 and 28 Tuesday Classes Riverhead . . . . . . Feb. 15, 16 and 17 Jackson Heights . . Feb 21, 23 and 24 West Babylon. . . . Feb 23, 24 and 27 Register on line at mlsli.com or call to register 631-661-4800 ext. 21 or 718-429-8666 or 631-369-6148 WEST BABYLON • 718-429-8666 SEATS ARE LIMITED! Pre-Requisites: Student must be comfortable using the mouse, Windows scrollbars and have basic Internet skills. All registrants will be screened to determine ability. Any student who is not a regular computer user should take “Computer Essentials prior to registering for this course. JACKSON HEIGHTS • 631-369-6148 RIVERHEAD THE FOLLOWING INFORMATION APPLIES TO ALL LIBOR GENERAL AND COMPUTER EDUCATION PROGRAMS, UNLESS OTHERWISE NOTED. TO REGISTER: REGISTER BY TELEPHONE OR FAX: Realtor Building West Babylon (631) 661-4800 x 21 FAX (631) 661-2103 Realtor Service Center (718) 429-8666 Jackson Heights FAX (718) 429-6959 Realtor Service Center (631) 369-6148 Riverhead FAX (631) 369-6172 MAIL YOUR REGISTRATION:* Realtor Building 300 Sunrise Highway West Babylon, NY 11704 Attn: Education Department *This registration option is not available for Computer Classes. INFORMATION: COURSE CONFIRMATIONS: A confirmation letter will be mailed to you approximately one week before the course start date. If you do not receive one by then, please phone us. REGISTER ON-LINE AT: FOR DIRECTIONS TO ALL (INCLUDING OFF-SITE) COURSE LOCATIONS: www.mlsli.com Visit our website at www.mlsli.com CANCELLATION POLICY: Up to 3 business days before program, full refund. 50% refund after 3 business days before program. NO REFUNDS thereafter; education credit only. A “no-show” forfeits entire tuition. LIBOR reserves the right to cancel if minimum enrollment is not met. 25 1/23 1/31 2/14 2/23 2/27 — — — — — “Our Business Is Changing...Are You Up To Date?”❋ “Buyer Brokerage & Ethics: The Right Choices”❋ “Mortgage Knowledge To Save Your Deal” “Building A Better CMA; Applying the Principles of Residential Appraising” (not a CMA computer course) “Introduction to Commercial & Investment Real Estate: Concepts & Terms” “Negotiation: Client Advocacy” “Our Business Is Changing...Are You Up To Date?”❋ “Buyer Brokerage & Ethics: The Right Choices”❋ “Mortgage Knowledge To Save Your Deal” RSC, JACKSON HEIGHTS, 9:00AM-5:30PM 12/13 1/9 1/18 1/31 2/1 2/16 2/22 — — — — — — — “Disclosure — Insulation from Litigation — Safeguards & Precautions”❋ “Introduction to Commercial & Investment Real Estate: Tools of the Trade” “Property Management: Managing 1-4 Family Homes” “Real Estate Consulting” “Be All That You Can Be”❋ “Consumer-Based Marketing” “Mortgage Knowledge To Save Your Deal” RSC, RIVERHEAD, 9:00AM-5:30PM 12/12 12/15 1/12 1/24 1/30 2/2 2/14 2/27 — — — — — — — — “Introduction to Commercial & Investment Real Estate: Concepts & Terms” “Mortgage Knowledge To Save Your Deal” “Making the Right Decisions Even When Nobody’s Looking”❋ “Disclosure — Insulation from Litigation — Safeguards & Precautions”❋ “Our Business Is Changing...Are You Up To Date?”❋ “The Not-So-Basic Basics of Mortgage Financing” “Environmental Construction Concerns in Residential RE” “Understanding Like-Kind Exchanges Under Section 1031 of the Internal Revenue Code to Benefit Both Clients & Customers”❋ BEST WESTERN MILL RIVER MANOR, ROCKVILLE CENTRE, 8:30AM-5:00PM 2/13 — “Risk Management” 2/22 — “Understanding Like-Kind Exchanges Under Section 1031 of the Internal Revenue Code to Benefit Both Clients & Customers”❋ 2/28 — “Good Morning Class: A Wake-Up Call on Dealing with Today’s Buyers, Sellers & Unprecedented Market Conditions” ❋Also approved for and satisfies NAR Mandated Ethics Course requirement for Realtors needed by 12/31/08. LICENSING 45-HOUR SALESPERSON QUALIFYING COURSES West Babylon . . . . . . . . . . . . . . . . . 9AM – 5:30PM . . . Jan. 3-7, 9* Jackson Heights . . . . . . . . . . . . . . . 9AM – 5:30PM . . . Jan. 23-27, 30* West Babylon . . . . . . . . . . . . . . . . . 9AM – 5:00PM . . . Jan. 28, 29, Feb. 4, 5, 11, 12, 25, 26 (Weekends) Riverhead . . . . . . . . . . . . . . . . . . . 9AM – 5:30PM . . . Feb. 6-10, 13* West Babylon . . . . . . . . . . . . . . . . . 9AM – 5:30PM . . . Feb. 6-10, 13* *Exam date till 6:30PM TUITION: Salesperson: $175 – register 5 business days before course; $195 – thereafter. Broker: $175 – LIBOR Members; $195 – Non-members. 45-HOUR BROKER QUALIFYING COURSES West Babylon . . . . . . . . . . . . . . . . . 9AM – 5:00PM . . . Feb. 21-24, 27, 28, March 1* Jackson Heights . . . . . . . . . . . . . . . 9AM – 5:00PM . . . March 6-10, 13, 14* Riverhead . . . . . . . . . . . . . . . . . . . 9AM – 5:00PM . . . Apr. 3-7, 10, 11* *Exam date till 7:00PM NOTARY PUBLIC NOTARY PUBLIC TRAINING SEMINAR Want to become a notary but concerned about the exam? This program prepares by getting you acquainted with the format of the state exam, receive study booklets, application form and instructions, be familiar with types of questions asked and learn what is expected in order for you to be confident and prepared to pass the notary exam. Feb. 14, 2006 . . . . . West Babylon Mar. 29, 2006 . . . . . Riverhead Apr. 25, 2006 . . . . . Jackson Heights May 11, 2006 . . . . . West Babylon June 15, 2006 . . . . . Riverhead July 19, 2006 . . . . . Jackson Heights Sept. 14, 2006 . . . . West Babylon Oct. 12, 2006 . . . . . Riverhead Nov. 8, 2006 . . . . . . Jackson Heights Dec. 14, 2006 . . . . . West Babylon Time: 10:00AM – 1:00PM Instructor: Sal D’Agate, REALTOR Tuition: $35 LIBOR Members, $55 Non-members ON-LINE & CD-ROM CONTINUING ED ON-LINE & CD-ROM CONTINUING EDUCATION: Earn CE credit for real estate license renewal without leaving your home or office. LIBOR offers over 100 hours of real estate continuing education approved courses both ON-LINE and on CD-ROM. 65 hours of new courses just recently added to our on-line curriculum. No previous computer training required; no classroom participation. All courses approved by the NYS Department of State. CD-ROM COURSE PRICES: Cost per 71/2-hour course: $54 LIBOR Members, $60 Non-members Cost per 33/4-hour course: $36 LIBOR Members, $40 Non-members ON-LINE COURSE PRICES: Prices vary... 221/2-hour discount packages available. Visit our website at: www.mlsli.com and try a FREE DEMO. NEW AGENT 3-DAY “UP & RUNNING” CERTIFICATE PROGRAM THE REALTOR® — — — — ● 12/13 12/14 12/19 1/17 CONTINUING EDUCATION This 3-day program assists new agents in launching their career in real estate! Content includes how to get started listing & selling effectively, work with customers & clients, prospect, marketing overcoming objections, role-play, negotiating effectively and working within the guidelines of the MLS Rules and NAR Code of Ethics...A great program for new agents or managers and brokers who want to train their agents. Approved for 71/2 hours NYS CE credit. February 15-17, 2006 . . . . . . . . West Babylon . . . . . . . 9:00AM – 1:00PM March 7-9, 2006 . . . . . . . . . . . . Riverhead . . . . . . . . . 9:00AM – 1:00PM March 15-17, 2006 . . . . . . . . . . Jackson Heights . . . . . 9:00AM – 1:00PM Tuition: w/o CE with CE LIBOR Licensing Students:. . . FREE . . . . . . . . . . . . . $65.00 LIBOR Members: . . . . . . . . . FREE . . . . . . . . . . . . . $65.00 Non-members:. . . . . . . . . . . $150.00 . . . . . . . . . . . $215.00 “LIST TO LAST” — FAST TRACK TO SUCCESS IN REAL ESTATE The BEST 2-day real estate listing & selling course designed for immediate success! The solution for any Agent Manager or Broker looking to increase productivity is Real Estate 101 — with National Trainer, Jim Pugliese, ABR, CRB, GRI, CBR, ITI, CSP Approved for 15 hours NYS CE credit. August 8-9, 2006 . . . . . . . . . . . West Babylon . . . . . . . 9:00AM – 5:30PM August 16-17, 2006 . . . . . . . . . . Jackson Heights . . . . . 9:00AM – 5:30PM Tuition: $145 LIBOR Members, $175 Non-members MAKING MORE MONEY WITH MORTGAGES This course is for real estate agents & brokers who are seeking the ability to legally participate in the mortgage industry, mortgage companies wanting to train new loan officers and real estate agents wanting to learn more about the mortgage process. Approved for 221/2 hours NYS CE credit. February 7-9, 2006 . . . . . . . . . Jackson Heights . . . . . . 9:00AM — 5:30PM March 8-10, 2006 . . . . . . . . . . West Babylon. . . . . . . . 9:00AM — 5:30PM August 14-16, 2006 . . . . . . . . . West Babylon. . . . . . . . 9:00AM — 5:30PM November 1-3, 2006. . . . . . . . . West Babylon. . . . . . . . 9:00AM — 5:30PM Instructor: Dominick Sutera Tuition: $245 LIBOR Members, $295 Non-members FLORIDA REAL ESTATE BROKER LICENSING COURSE Through All-Florida Real Estate School — Instructor: Daniel J. Taddeo, P.A. Approved for 221/2 hours NYS CE credit. March 20-26, 2006. . . . . . . . . . West Babylon. . . . . . . . 8:45AM – 6:30PM March 27-April 2, 2006 . . . . . . . Jackson Heights . . . . . . 8:45AM – 6:30PM June 5-11, 2006 . . . . . . . . . . . West Babylon. . . . . . . . 8:45AM – 6:30PM June 12-17, 19, 2006 . . . . . . . . Jackson Heights . . . . . . 8:45AM – 6:30PM October 16-22, 2006. . . . . . . . . West Babylon. . . . . . . . 8:45AM – 6:30PM October 23-29, 2006. . . . . . . . . Jackson Heights . . . . . . 8:45AM – 6:30PM Tuition: $395 LIBOR Members, $495 Non-members Complete the course in 7 days without the expense of going to Florida! Now you can take your Florida State Exam here in NY — 2 locations: Garden City or Manhattan. THE RULES OF THE REAL ESTATE GAME — MLS PROCEDURES & RULES: SITUATIONS AND SOLUTIONS Effective participation in the MLS directly impacts your earning ability and helps you avoid penalties and violations. Topics covered include how to properly fill out agreements, getting offers presented, handling multiple offers, registering binders, follow-up to protect yourself and much more. This course is important for new agents! Approved for 3 hours NYS CE credit. December 14, 2005 . . . . . . . . . Riverhead . . . . . . . . . . Instructor: Hank Cardello January 24, 2006. . . . . . . . . . . West Babylon. . . . . . . . Instructor: Donald Scanlon February 27, 2006 . . . . . . . . . . Jackson Heights . . . . . . Instructor: Hank Cardello March 30, 2006 . . . . . . . . . . . . Riverhead . . . . . . . . . . Instructor: Mary Adams Time: 10:00AM — 1:00PM • Tuition: $20 LIBOR Members, $45 Non-members DESIGNATION & PROF DEVELOPMENT DESIGNATION & PROFESSIONAL DEVELOPMENT CBR — CERTIFIED BUYER REPRESENTATIVE DESIGNATION COURSE Approved for 221/2 hours NYS Continuing Education Credit. Jan. 3, 4, 5, 2006 . . . . . . . West Babylon . . . . . . . . . . . . . . . . Before/After 12/20 Mar. 21, 22, 23, 2006 . . . . Jackson Heights . . . . . . . . . . . . . . Before/After 3/7 May 16, 17, 18, 2006. . . . . Riverhead. . . . . . . . . . . . . . . . . . . Before/After 5/2 June 20, 21, 22, 2006 . . . . Jackson Heights . . . . . . . . . . . . . . Before/After 6/6 Aug. 1, 2, 3, 2006 . . . . . . . West Babylon . . . . . . . . . . . . . . . . Before/After 7/18 Nov. 28, 29, 30, 2006 . . . . West Babylon . . . . . . . . . . . . . . . . Before/After 11/14 Time: 8:30am – 5:30pm Instructor: JAMES V. PUGLIESE, CRB, GRI, ITI, CBR *Tuition: Before: $345 LIBOR Members, $375 Non-Members After: $375 LIBOR Members, $405 Non Members NEW YORK STATE REALTOR INSTITUTE 2006 GRI, SRES & ABR DESIGNATION COURSE OFFERINGS (All NYSAR Classes) Each module approved for NYS CE credit. REALTOR Service Center, West Babylon 8:30am – 5:30pm To register for GRI courses, call NYSAR @ 518-463-0300. GRI401 . . . . . . . May 18 & 19, 2006 GRI407 . . . . . . . May 17, 2006 GRI402 . . . . . . . Sept. 25 & 26, 2006 GRI408 . . . . . . . June 16, 2006 GRI403 . . . . . . . Apr. 10, 2006 GRI409 . . . . . . . Nov. 6 & 7, 2006 GRI404 . . . . . . . Apr. 11, 2006 SRES . . . . . . . . Mar. 6-7, 2006 GRI405 . . . . . . . Mar. 20, 2006 ABR (Required) . . Oct. 23-24, 2006 GRI406 . . . . . . . Mar. 21, 2006 ABR (Elective) . . . Oct. 20, 2006 REAL ESTATE EDUCATION 1RSC, WEST BABYLON, 9:00AM-5:30PM December 2005 CONTINUING EDUCATION ● PROFESSIONAL DEVELOPMENT DEVELOPMENT PROFESSIONAL 26 ● December 2005 ● THE REALTOR® SERVICES DIRECTORY LONG ISLAND REALTORS FEDERAL CREDIT UNION ATTORNEY SERVICES Goldson, Nolan, Connolly, P.C. ..................................631.844.0220 BUSINESS CAREER OPPORTUNITIES Century 21 Annettes ..................................................516.564.4480 Century 21 Metro NY/LI Brokers Council ..................800.537.8108 Century 21 Your Home ..............................................516.826.4600 Consolidated Properties Group ..........................631.661.1100 x 27 Daniel Gale Sotheby’s International Realty ................888.931.9500 ERA Top Service Realty ..............................................718.441.5800 Keystone Realty ..........................................................800.390.8083 Laffey Associates ........................................................516.625.9848 Long Island Realty Agents..........................................516.433.5290 Prudential Douglas Elliman Real Estate......................631.549.7401 RE/MAX of New York, Inc. ......................................1.800.736.2969 RE/MAX Signature Real Estate ........................631.422.7400 x 302 Vista Land Services ....................................................631.549.8200 ENGINEERS HouseMaster Home Inspection ..................................800.805.1122 HOME & EQUIPMENT INSPECTIONS/SERVICES AC&E Home Inspection & Engineering ......................631.205.1340 Federated Consultant Services, Inc. ........................1.800.422.4473 HouseMaster Home Inspection ..................................800.805.1122 INSURANCE/LEGAL Jay S. Gootenberg, AHS Errors & Omissions, Home Warranties ..................................................Off: 631.325.9107 Cell: 516.322.7143 Insurance Plus ............................................................516.922.1200 MEDIA The REALTOR® Advertising ......................................516.676.6089 LIBOR Membership Directory ..................................631.661.9126 MLS/LIBOR — Web Site ..................................631.661.4800 x 348 mlsli.com, mlsstratus.com MORTGAGES Guaranteed Home Mortgage ......................................516.935.1665 PROMOTION SERVICES DSI Design Group ......................................................516.676.6089 PROPERTY SALES Greenthal ....................................................................718.423.3130 Magic Realty/North Shore Towers..............................718.631.8867 Check Out Our Rates!!! Q NEW CAR LOANS: ’05–’06** MODELS 10% Down Payment Financed up to $30,000 20% Down Payment Financed up to $50,000 2 Years 4.99% – $43.87/$1,000 3 Years 5.50% – $30.20/$1,000 4 Years 6.50% – $23.72/$1,000 5 Years 6.50% – $19.57/$1,000 THESE RATES APPLY TO NEW CAR LOANS USED CAR LOANS: ’01-’04 MODELS 20% Down Payment Financed up to $20,000 30% Down Payment Financed up to $40,000 2001 & 2002 2003 & 2004 1 Year 7.49% – $86.76/$1,000 2 Years 7.49% – $45.00/$1,000 3 Years 7.99% – $31.34/$1,000 1 Year 6.99% – $86.53/$1,000 2 Years 6.99% – $44.77/$1,000 3 Years 7.25% – $31.00/$1,000 4 Years 7.25% – $24.07/$1,000 SHARED SECURED LOANS 1 Year 4.50% – $85.38/$1,000 2 Years 4.50% – $43.65/$1,000 3 Years 4.50% – $29.75/$1,000 4 Years 4.50% – $22.81/$1,000 5 Years 4.50% – $18.65/$1,000 PERSONAL LOANS 14% Financed up to $2,000 • Maximum Term – 24 Months 12 Months – $89.80/$1,000 • 24 Months – $48.02/$1,000 ***THE ABOVE RATES ARE SUBJECT TO CHANGE*** FOR MORE DETAILS, CALL LUISA AT THE CREDIT UNION AT (631) 661-4800, EXT. 371. • www.LIRFCU.com Advertise In The Publication That Reaches Over 26,000 LIBOR Members! CONTACT... DSI DESIGN GROUP CHRISTOPHER MEADOWS Tel: (516) 676-6089 • Fax: (516) 676-4769 email: [email protected] SEMINARS Darryl Davis Seminars ................................................800.395.3905 THE SERVICES DIRECTORY IS PROVIDED AS AN ADDITIONAL SERVICE. THE PUBLISHER DOES NOT ASSUME ANY LIABILITY FOR ERRORS OR OMISSIONS. Need Help With Your Ad? We offer professional Design and Ad Layout services at a reasonable cost. 27 ● December 2005 ● THE REALTOR® of New York, Inc. Best Wishes for a Happy, Healthy & Prosperous Holiday Season. Thank you for making us the dominant Real Estate company in the world. Nobody Sells More Real Estate Than RE/MAX. For more information regarding Franchise Opportunities, Management or Agent affiliation with a RE/MAX office. Call Lorraine Ferretti at 800-REMAX-NY. Your Business, Your Life, Your Way Equal opportunity employers. 021260 ©2005 RE/MAX International, Inc. All rights reserved. Each RE/MAX® real estate office is independently owned and operated. www.800REMAX-NY.com of New York, Inc. 990 Stewart Ave. Garden City, NY 11530 800REMAX-NY