REALTORS® ACTION DRAWS MEDIA ATTENTION

Transcription

REALTORS® ACTION DRAWS MEDIA ATTENTION
JUNE 2007
JUNE IS NATIONAL
HOMEOWNERSHIP MONTH
PRESORTED
STANDARD U.S.
POSTAGE
PAID
LIC NY 11101
PERMIT NO. 808
PRESIDENT BUSH HAS DESIGNATED JUNE AS NATIONAL
HOMEOWNERSHIP MONTH, WITH THE GOAL OF INCREASING
MINORITY HOMEOWNERSHIP IN AMERICA.
CIRCULATION 26,000
The Voice for Real Estate™
OFFICIAL PUBLICATION OF THE LONG ISLAND BOARD OF REALTORS&, INC.
REALTORS®
REALTORS®
ACTION
ACTION
DRAWS MEDIA
MEDIA
DRAWS
ATTENTION
ATTENTION
www.mlsli.com™
Realtors® gather on the steps of Islip
Islip’ss
Town Hall to demonstrate opposition to the
recently passed law that imposes illegal and
unreasonable burdens on real estate brokers
and salespeople...page 3.
INSIDE...SEE COVERAGE OF THE 19TH ANNUAL EDUCATION CONFERENCE ON PAGES 14-15.
2
●
June 2007
●
THE REALTOR®
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Equal Housing Opportunity. Each Company Independently Owned and Operated.
Opposition to a recently passed law
in the Town of Islip prompts action
by Town Officials . . . . . . . . . . . P3
CEA ANNOUNCEMENT AND
UPDATE
LIBOR will now pursue the
Commission Escrow Act on a local
level starting in Suffolk County.. . P3
Lobby Day proves successful as
LIBOR hosts Legislative Cocktail
Party in Albany . . . . . . . . . . . . P3
LIBOR NEWS
FIGHTING FOR OUR
RIGHTS AND THE RIGHTS
OF HOMEOWNERS
Linda Bonarelli gives an overview of
Legislative Issues at the National,
State and Local levels. . . . . . . . P4
our prime sponsor Michael Gianaris (DAstoria) and many years of trying to get
the Commission Escrow Act passed in the
New York State Legislature.
Assemblyman Michael Gianaris spoke
candidly with LIBOR last week. He
informed us that it is highly unlikely that
ning later than usual, many top officials
made their way to our gala event in the
Legislative Office Building as soon as
they could.
Our members had a great opportunity to
socialize with many members of our legislative delegation including the following
State Senators: Dean Skelos, Chuck
Fuschillo, Ken LaValle, Kemp Hannon,
Caesar Trunzo and Toby Ann Stavisky.
The Assembly was well represented too
as the following members made it to our
gala: Marc Alessi, Michael Fitzpatrick,
Andy Raia, Jim Conte, Joseph Saladino
this bill will ever get passed unless we get
Judiciary Chair Helene Weinstein (DBrooklyn) to agree to get this through her
committee as she is adamantly opposed.
Upon hearing that news - LIBOR has
decided that it will begin to pursue this
bill on a local level now. We must target
Suffolk first, Nassau second, and then
strive to get a New York City version
passed after we are successful in Nassau
and Suffolk. We already have support
(Continued on page 4)
and David McDonough.
The cocktail reception was also a great
way to meet and greet many staff members from the offices of legislators who
were not able to attend. This will surely be
an annual event as it went over so well.
Pictured are
LIBOR
President Linda
Bonarelli and
NYS Senator
Dean Skelos
(R-Rockville
Centre)
WCR Update . . . . . . . . . . . . . P8
Welcome New LIBOR and MLS
Members . . . . . . . . . . . . . . . . P12
Realtor® Outreach . . . . . . . . P13
SPECIAL FEATURE
EDUCATION CONFERENCE
HIGHLIGHTS AND PHOTOS
See Center Spread . . . . P14-15
MLS NEWS
MLS News & Updates. . . . . . P16
Changes That Have Had a Positive
Impact . . . . . . . . . . . . . . . . . . P16
MLS Tech Fair Scheduled for
October 16th . . . . . . . . . . . . . P16
President’s Message . . . . . . . . P4
From Where I Sit . . . . . . . . . . . P6
WCR . . . . . . . . . . . . . . . . . . . . P8
LIBOR News . . . . . . . . . P10-13
MLS News . . . . . . . . . . . . . . P16
Technology . . . . . . . . . . . . . . P18
This & That . . . . . . . . . . . . . . P20
RPAC Update . . . . . . . . . . . . P21
Legal Information . . . . . . . . . P22
Pictured are Linda Bonarelli, CEA Prime
Sponsor Assemblyman Michael
Giannaris (D-Astoria) and LIBOR’s
Legislative Chair Nick Gigante
Ethics . . . . . . . . . . . . . . . . . . P23
Education. . . . . . . . . . . . P24-25
Services Directory . . . . . . . . P26
THE REALTOR®
With each passing year, our annual
Lobby Day trip to Albany becomes more
and more successful. The mission is for
our group to visit our elected officials and
advise them of the REALTOR® positions on the many issues that are critically important to our industry.
Our legislative agenda included our support for the Commission Escrow Act and
for the First Time Homebuyer’s Savings
Accounts as well as our opposition to
the Local Community
Preservation Funds.
This year’s highlight
was a cocktail reception
with the men and
women who represent
us in the New York
State Legislature in
Albany. Despite the fact
that the session was run-
REALTORS HOLD
DEMONSTRATION ON
STEPS OF TOWN HALL
IN ISLIP
Examining
the
Governing
Structure . . . . . . . . . . . . . . . . . P6
Lobby Day A Huge Success!
By Randy L. Kaplan
Director of Government Affairs
●
n Wednesday, May 31, 2007, a MEDIA
ALERT was issued as part of the strategy
to bring media attention to the Realtors® opposition to the law recently passed in the Town of Islip
that imposes illegal and unreasonable burdens
on local Realtors.
In a moments notice, a large group of
Realtors® gathered on the steps of Town Hall to
protest the new law and to hear LIBOR leaders
Linda Bonarelli, Nick Gigante, and Liz English
read prepared Statements that voiced the
Realtors® concerns over the law.
Reporters, Photographers, and Camera people from News 12, New York TV Channel 55, TV
Channel 25, Newsday, The New York Times, The
Daily News, and The Suffolk News, covered the
demonstration.
LIBOR to Pursue on a Local Level
LIBOR has decided to pursue the
Commission Escrow Act legislation on
the local level. This announcement comes
after receiving a realistic prognosis from
IN THE NEWS
LONG ISLAND REALTORS
MAKE ROAD TRIP TO
ALBANY
O
Commission Escrow Update
By Randy L. Kaplan
Director of Government Affairs
www.mlsli.com™
June 2007
LIBOR President Linda Bonarelli,
Suffolk Vice-President Liz English, and
Legislative Chairperson Nick Gigante all
read prepared statements on the steps of
Islip Town Hall on Thursday, May 31st surrounded in the background by 50 of their
fellow REALTORS®. News Channel 55,
News 12, Newsday, the New York Daily
News, and the Suffolk News were all present covering the REALTORS’® demonstration against the legislation which would
impose illegal and unreasonable burdens on
real estate brokers and salespeople.
Immediately following the REALTOR®
demonstration, LIBOR’S Government
Affairs Department received a phone call
from Supervisor Phil Nolan’s office to convene a meeting to discuss possible changes
to the legislation. Within 24 hours, LIBOR
leadership met with key town officials. The
REALTORS® concerns were heard
through open communication between both
sides. The town has agreed to review the
current language and meet again to consider possible revisions.
LIBOR Leadership reiterated the REALTOR® position at this meeting. REALTORS® are not trained in code enforcement and building inspection as part of
their required licensing courses determined
by the Department of State. The town’s
building and code enforcement personnel
have the experience, the expertise and the
responsibility to undertake this.
LIBOR has been at the forefront on this
issue from the very beginning. LIBOR’S
Government Affairs Department had oneon-one meetings with Supervisor Nolan,
Councilman Flotteron, Code Enforcement,
Department of Planning and Development,
as well as members from the Town
Attorney’s Office. As soon as legislation was
drafted, LIBOR sent letters to all four
Council Members and the Supervisor. A prepared statement was read by LIBOR at the
April 24th Town Board Meeting and entered
into the formal record. Board Counsel has
spoken with the Town Attorney’s office and
●
By Meredith E. Dulberg
Legislative Liaison
again voiced our opposition and concerns
about the law. There has been a detailed article in the last REALTOR® paper outlining
how the law will impact brokers in the Town
of Islip and updates have been posted on
Stratus as they develop.
Despite all of LIBOR’s hard working
efforts, this legislation was passed unanimously by all four members of the Town
Council (R) and Town Supervisor Phil
Nolan (D). It DOES NOT need the approval
of the state legislature to get enacted into
law. On June 10, 2007 the legislation went
into effect. Any amendments that are drafted
with LIBOR leadership and Town Officials
will still need Town Board approval and will
need to go to a public hearing.
LIBOR’S Government Affairs Department
will keep you updated on any current developments. Please watch the Stratus pop-ups
and news items. LIBOR encourages anyone
who wishes to make their views known on this
subject to write letters to their local, state, and
federal legislators concerning this legislation.
3
REALTORS® Respond at
Islip Town Hall to Show
Unified Support
4
●
June 2007
Official Publication Of The
PRESIDENT’S MESSAGE
By Linda Bonarelli, LIBOR President
THE REALTOR®
●
LONG ISLAND BOARD OF
REALTORS®, INC.
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.
LONG ISLAND BOARD OF
REALTORS®, INC.
2007 OFFICERS
PRESIDENT
Linda Bonarelli
PRESIDENT-ELECT
Mohsen Zandieh
VICE PRESIDENT-NASSAU
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.
Daniel Ryan
VICE PRESIDENT-SUFFOLK
Liz English
VICE PRESIDENT-QUEENS Walauddin Hoosein
TREASURER
Michael Mendicino
SECRETARY
Kathy Engel
CHIEF EXECUTIVE OFFICER
PUBLISHER
EDITOR
POSTMASTER:
Please send address changes to:
The REALTOR®
300 Sunrise Highway
West Babylon, NY 11704
Joseph E. Mottola
Joseph E. Mottola
Patricia Chirco
EDITOR’S ASSISTANT
Christina DeFalco
The REALTOR® and its publisher, The Long
Island Board of REALTORS®, in accepting
advertisement in this publication, make no
independent investigation concerning the services or products advertised, and they neither
endorse nor recommend the same nor do they
assume any liability thereof.
PRODUCTION, PRINTING &
ADVERTISING
DSI Design Group
252 Sea Cliff Avenue, Sea Cliff, NY 11579
516-676-6089 • Fax 516-676-4769
Christopher Meadows, President
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.
ADVERTISING SALES
Christopher Meadows • 516-676-6089
CONTRIBUTORS
Linda Bonarelli, President, LIBOR
LONG ISLAND BOARD OF REALTORS®, INC.
300 Sunrise Highway
West Babylon, NY 11704
(631) 661-4800 • (718) 739-8700
Website: www.mlsli.com™
Email: [email protected]™
Howard Goldson, Esq., Goldson, Nolan, Connolly,
Nasis & Dornfeld, P.C.
Donald Scanlon, President, MLS
Randy L. Kaplan, Director Government Affairs
Audrey Livingstone, WCR President
Frank Dell’Accio, Chairperson, Professional Standards Committee
INSURANCEPlus
H
E A LT H
I
N S U R A N C E
for Small Businesses & the Self-Employed
Legislatively Speaking
May 2007 was a very busy month legislatively for LIBOR. On May 15thMay19th over twenty of our local
Realtors® embarked to Washington D.C.
to meet with our Members of Congress.
May 22nd brought us to a Town of Islip
meeting to fight legislation on code
enforcement being imposed on Realtors®.
On May 29th & 30th with over 50
Realtors® participating we traveled to
Albany for Lobby Day to personally meet
with our State Senators and Assembly
Members from the Queens, Nassau, &
Suffolk areas. On May 31st, with very
short notice, we were able to gather 50
Realtors® for a press conference voicing
our opposition to the Town of Islip legislation imposing Realtors® as their code
compliance police.
The current Realtor® issues we
addressed were:
1. Keeping the Banks out of the Real
Estate Business.
2. Affordable Health Insurance for our
Realtor members.
3. Support for a new bill in NY State
which would allow individuals or couples
to make a tax deductible deposit each
year for the purpose of using these funds
to purchase a first home.
4. Actively oppose proposed NY State
legislation that would allow local governments to impose up to a 2% transfer tax
on the home buyer.
5. Continue to support and push NY
State Legislators to pass the Commission
Escrow Act.
We fully support the Commission
Escrow Act bill which is at the New York
State level, and this year we decided to
also put an additional emphasis on this
legislation at our local levels. We will be
looking for support from our Suffolk
County Legislators to hopefully pass this
legislation in that County. When we are
successful there, we will move this effort
to Nassau and Queens.
We are currently fighting two very hot
local issues:
1. The Town of Brookhaven is bringing
forth to its voters this year a proposal for
a 2% transfer tax that would be paid by
the home buyer. We are actively opposing
this because it will increase the already
high closing costs to the buyer which ultimately will force buyers to either seek
housing outside the Brookhaven
Township or ultimately lower their offers
to sellers in order to cover this additional
cost.
2. Town of Islip — At this writing we
are currently in negotiations with the
Town of Islip regarding their legislation
which would make Realtors® responsible
for Code compliance which we are not
trained for. We attempted to get this part
of the legislation taken out before they
passed it, but they chose to ignore us, and
they passed it 5-0 on May 22nd. On May
31st, with very short notice we were able
to pull over 50 Realtors® to the Town
Hall steps for media coverage. By that
afternoon the Town Supervisor’s office
was on the phone requesting a meeting
with LIBOR.
On June 1st we had our first meeting
with the Town Supervisor and staff. They
said that they would look into changes to
this portion of the legislation. We are
meeting again on June 8th.
Hopefully by the time this article is
printed we will have a positive resolution
to the Town of Islip issue. We have to
keep in mind that our NYS Real Estate
licenses do not allow us to participate in
illegal actions, however this same license
did not train us in code enforcement and
building inspections.
Rest assured that your LIBOR leadership and Board of Directors are well
aware of the issues you are faced with,
and we will continue to fight for your
rights, and the rights of homeownership.
Commission Escrow Update
LIBOR to Pursue on a Local Level
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(Continued from page 3)
from Suffolk County Legislators Dan
Losquadro (R-Mt. Sinai) and Steve Stern
(D-Huntington).
Last year Assemblyman Gianaris was
able to force the bill through the Judiciary
Committee by an administrative process.
This was a rarely used approach that the
Assembly Speaker authorized. The Speaker
advised Mr. Gianaris that this would be the
only time he could attempt this procedure
with this bill. We were victorious but unfortunately the Governor vetoed the bill.
The Commission Escrow Act, which
requires disputed real estate commissions
be placed in an escrow account with the
county clerk until a resolution is reached,
has been introduced again in the Senate and
the Assembly. NYSAR continues to pursue
passage on the state level. The bill has
advanced from the Senate’s Judiciary
Committee to the full Senate, and is currently being reviewed by the Judiciary
Committee in the Assembly. NYSAR has
reported that they will be setting up meetings with the Department of State, the
Consumer Protection Board and Governor
Spitzer’s staff shortly.
Our Commission Escrow Act Sub
Committee will be meeting soon to discuss
our strategic plan for the local pursuit of
this law. LIBOR will keep you up to date
with any developments.
It is more important than ever to contribute to RPAC! Remember there are
many adversaries out there who would like
to see our bill fail once again. Please contribute to RPAC each and every calendar
year. It is the best way to protect your business and ensure that our fight for a much
needed Commission Escrow Act can and
will succeed!
5
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June 2007
●
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●
June 2007
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THE REALTOR®
LIBOR NEWS
THE LONG ISLAND BOARD OF REALTORS, INC.
FROM WHERE I SIT
EXECUTIVE PLANNER
By Joseph E. Mottola, Chief Executive Officer
JUNE 2007
6/19 — Tuesday
CEA SUB COMMITTEE
The MLS Board of Directors approved bership in the Zone as opposed to offices
a Task Force which will concern itself or Participants. Are there too many direcwith examining the governing structure. tors? We currently have the largest Board
This includes the makeup of the of Directors (75) of any MLS in the
Executive Committee and the Board of country and there are now large MLSs
Directors. The Executive Committee cur- with more Participants and far smaller
rently consists of seven
boards of directors. (The
range tends to be 12-24).
elected officers and the two
Some Boards of Directors
immediate past presidents.
are set up to insure that
The elected officers consist
Participants and/or firms
of the President, three
“Trends among
County Vice Presidents, and
who are doing the most busilarge MLSs”
ness are automatically given
Secretary and Treasurer. If
seats either as Directors or
the Task Force considers
Officers.
enlarging the Committee
The rationale for Executive
who would they add? Would
Committee and Director
they look for an automatic
representative from a large firm or per- makeup varies all over the country and
haps from the Appraisal area or some no two are the same. The MLS will be
other specialty. Would they look internal- bring in a respected industry consultant
ly and place a particular committee chair Kevin McQueen of Focus Forward to
update them on the trends among large
on the Committee?
The make up of the Directors is inter- MLSs and facilitate the discussion of
esting as well. Currently Directors are possible changes. Any changes would
nominated from their zones based upon ultimately have to be reviewed by the
the number of Participants. Should it be existing Executive Committee and
based on the number of offices or mem- approved by the Board of Directors.
10:00am — REALTOR SERVICE CENTER, West Babylon — Classroom A. Staff
liaison: Maryann Horan @ LIBOR ext. 354.
6/20 — Wednesday
MLS BOARD OF DIRECTORS
9:30am — REALTOR SERVICE CENTER, West Babylon — Classroom B. Staff
liaison: Lisa Gonzalez @ LIBOR ext. 350.
6/21 — Thursday
LIBOR BYLAWS COMMITTEE
9:30am — REALTOR SERVICE CENTER,
West Babylon — Classroom A. Staff liaison: Angela Dell’Italia @ LIBOR ext. 382.
6/21 — Thursday
LIBOR/MLS ORIENTATION
8:30am — REALTOR SERVICE CENTER, West Babylon — Classroom B. Staff
liaison: Debbie Franco @ LIBOR ext. 364.
6/26 — Tuesday
LONG ISLAND COMMERCIAL
NETWORK
8:00am - Networking Breakfast &
Marketing Session. On Parade Diner, 7980
Jericho Tpke., Woodbury. $15.00 LICN
Members, $25.00 Non-members. Bring
plenty of business cards, your ’haves &
wants,’ your property data sheets & an
associate to expand your network!! For
more information, contact Harvey Kolin @
631-422-5511 ext. 122. Mark your calendars... next meeting: July 24, 2007. Visit:
www.LICOMMERCIALNETWORK.org.
6/29 — Friday
WESTERN QUEENS CHAPTER
9:00am - Networking Breakfast Program.
Pan American Hotel, 79-00 Queens
Blvd., Elmhurst. Guest speaker: The
Honorable Tony Avella, NYC Council
Member-District 19. topic: “Zoning” Plus...
1st “Mr. Leggs!” Contest sponsored by
RPAC. Cost is $10.00 prepaid, $15.00 at
the door. RSVP: Kelly Lagoudis @ 718274-2400. Mail your check payable to
Western Queens Chapter to: Kelly
Lagoudis, c/o RE/MAX Today, 32-75
Steinway Street, Astoria, 11103. Visit our
website: www.libor.com/westernqueens.
JULY 2007
7/4 — Wednesday
INDEPENDENCE DAY OBSERVED
— ALL BOARD OFFICES CLOSED
HIRE. TRAIN. FIRE. REPEAT.
7/10 — Tuesday
CREDIT UNION BOARD OF
DIRECTORS
10:00am — REALTOR SERVICE CENTER,
West Babylon — Upper Classroom. Staff
liaison: Luisa Harman @ LIBOR ext. 371.
7/10 — Tuesday
CENTRAL NASSAU CHAPTER
Put an end to your string of substandard receptionists without
settling for an answering service or an automated solution.
Calls answered LIVE, SCREENED, ANNOUNCED
and CONNECTED ANYWHERE
NIGHTS and WEEKEND plans available
6:30pm — Annual FIRE ISLAND EXCURSION & BOAT RIDE! Cruise along the
beautiful Great South Bay aboard the
“Moonchaser.” Boarding begins at
6:30pm. Departure at 7:00pm sharp! from
Captree Boat Basin/State Park to Flynn’s
Restaurant, Fire Island. Cost: $55.00 per
person includes Buffet Dinner (lobsters),
Dancing, Cash Bar & Round Trip Boat
Ticket. RSVP: Pia Hutton @ 516-5644480. Make checks payable to Central
Nassau Chapter & mail to: Pia Hutton, c/o
C21 Annette's Real Estate, 1193 Front
Street, Uniondale, 11553. Visit our website: www.libor.com/centralnassau.
7/11 — Wednesday
JAMAICA CENTRAL QUEENS
CHAPTER
6:00pm — Join us for a Cocktail Reception
& an Evening of Dinner & Dancing to benefit The Hagedorn Little Village School-Jack
Joel Center for Special Children at Terrace
On The Park-Penthouse, 52-11 111th
Street, Flushing Meadow Park. Enjoy
Cocktails, Gourmet Cuisine & Dancing plus
Raffles! Tickets: $99 per person, Table
Sponsors: $1,000 table of 10. RSVP by
6/15: Moses Seuram @ 917-822-7942.
Mail checks payable to Jamaica Central
Queens Chapter to: Elizabeth Gittens, c/o
Gittens Quick Sale Realty, 109-19 Farmers
Blvd., St. Albans, 11412. Visit our website:
www.libor.com/jamaicacentralqueens.
7/12 — Thursday
LIBOR EXECUTIVE COMMITTEE
9:00am — REALTOR BUILDING, West
Babylon — 2nd floor Conference Room.
Staff liaison: Lisa Gonzalez @ LIBOR
ext. 350.
7/12 — Thursday
EASTERN SUFFOLK CHAPTER
8:30am — Networking Breakfast Seminar
— The Vineyards, Route 25, Aquebogue.
Guest speaker: Phil Cardinale, SupervisorTown of Riverhead. “Revitalization of
Downtown & the Redevelopment of
EPCAL (old Grumman site).” Sponsored by
Asset Preservation Inc.-Jennifer Pendzick
is back with update on 1031 Tax Exchange!
Cost is $20.00 per person. RSVP: Gary
Knotoff @ 631-653-5570. Make checks
payable to Eastern Suffolk Chapter & mail
to: Gary Knotoff, c/o The Real Estate Store
Inc., PO Box 911, Quogue, 11959. Visit our
website: www.libor.com/easternsuffolk.
7/18 — Wednesday
LIBOR BOARD OF DIRECTORS
9:30am — REALTOR SERVICE CENTER, West Babylon — Classroom B. Staff
liaison: Lisa Gonzalez @ LIBOR ext. 350.
7/19 — Thursday
LIBOR/MLS ORIENTATION
8:30am — REALTOR SERVICE CENTER, West Babylon — Classroom B. Staff
liaison: Debbie Franco @ LIBOR ext. 364.
7/19 — Thursday
MLS EXECUTIVE COMMITTEE
9:00am — REALTOR BUILDING, West
Babylon — 2nd floor Conference Room.
Staff liaison: Lisa Gonzalez @ LIBOR
ext. 350.
7/24 — Tuesday
LONG ISLAND COMMERCIAL
NETWORK
8:00am — Networking Breakfast &
Marketing Session. On Parade Diner, 7980
Jericho Tpke., Woodbury. $15.00 LICN
Members, $25.00 Non-members. Bring
plenty of business cards, your ‘haves &
(Continued on page 10)
Full Time & Part-time coverage available
MEETINGS & EVENTS: For more details & information, please call the LIBOR Staff Liaison listed
above. For special events & chapter information, contact Connie Aiello at 631-661-4800, ext. 361.
EMERGENCY & Rollover coverage available
during gaps due to lunch breaks, vacations,
or sick days
LIBOR MEMBERS ONLY MAY REGISTER & PREPAY ON-LINE for Chapter/Division Meetings & Events!
Go to: www.mlsli.com/chapterreg/meetings.asp. VISA, MASTERCARD, AMEX & DISCOVER accepted.
NOTE: On-line registration CLOSED at 4:30PM on the previous business day before this event.
7
●
June 2007
Make the next move count
●
THE REALTOR®
Come and play with the game winners in the real estate business.
Daniel Gale Sotheby's International Realty has affiliations with Leading
Real Estate Companies of the World, Residence International and
Who's Who in Luxury Real Estate - to name just a few. Imagine what
their leads and connections can do for your career.
Explore your future.
Bonnie Doran 888.931.9500
[email protected]
www.DanielGale.com
Each Office is Independently Owned and Operated
8
THE REALTOR®
●
June 2007
●
LIBOR NEWS
Long Island Chapter
WCR-NewYorkState.com
By Audrey Livingstone, WCR President
Our Comedy Night Fundraiser, held at
Governor’s Comedy Club in Levittown on
Tuesday evening, May 22nd was a huge
success! Thank you to all who attended.
Between the comedians, the raffle prizes
and the camaraderie, I can’t decide what I
liked the best! The funds raised enabled us
to present one of two $500 contributions to
Ingrid Fray, Executive Director of Dress For
Success, which is based out of Nassau
County, but serves women seeking gainful,
corporate employment all over Long Island.
Our upcoming events for 2007 include
New Member Orientation, a roundtable
meeting, as well as an election meeting,
holiday party and educational opportunities through WCR’s Performance
Management Network. Watch for the
notices on STRATUS.
The Women’s Council of Realtors is
the 22nd largest women’s organization in
the country. Come join us to be part of
something great, and develop your
Realtor knowledge and leadership skills
along the way.
We had a booth at LIBOR’S
Educational Conference and are very
delighted to say we registered 10 new
members to join WCR. If you are reading
this Column and you are not a member, I
am inviting you to join us. If you are a
member you know what a great organization this is. Thank you all.
I look forward to seeing you soon.
2007 OFFICERS
President
Audrey Livingstone........516-564-4480
President-Elect
Valerie Van Cleef............516-922-8500
Treasurer
Charlotte Vanderwaag ..516-248-9494
Secretary
Whitney LaCosta ..........631-757-7272
VP-Membership Membership
Heather Walther ............516-795-7000
WCR’s Night of Laughs
WE’RE SERIOUS ABOUT YOUR SUCCESS
OUTSTANDING WORK ENVIRONMENT
*
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Beautiful Private Building, Gardens, Patios & Fish Ponds
Three Time Winner Of Wantagh Chamber Of Commerce Beautification Award
Semi Private Offices (2-6 Desks Per Office)
Upscale Reception Area, Elegant Conference Room With Fireplace
& Full Kitchen
* Work With Experienced Full Time Team Players
EXTENSIVE ADVERTISING AND PROMOTIONS
* Ads For Listings Paid 100% By The Broker
* Agent Promotional Ads Paid 50% By The Broker
* Over 20 Prime Internet Sites Including Newsday, VLS, ShowcaseRealtor.com
and Realestatebook.com, Coldwellbanker.com All At No Cost To Agents
LATEST TECHNOLOGY
*
*
*
*
PC On Every Desk
Agents Private Phone Number
Central Showing Service, Notifies Agents Of Showings With Email Feedback
Lead Router, Leads Go To Listing Agent (optional)
The Women’s Council of Realtors held its
annual fundraising event on Tuesday, May
22nd at Governor’s Comedy Club, it was a
fun-filled evening of networking, drinks, dinner and comedy. A portion of the proceeds
will go to DRESS FOR SUCCESS-LI CHAPTER, a non-profit organization that provides
business attire and job preparedness to low
income women. Pictured are (l-r) LIBOR
Director Katy Anastasio, WCR Treasurer Charlotte Vanderwaag, WCR President
Audrey Livingstone, WCR Past President Blanche R. Sapan, WCR Secretary WCR
President Elect Valerie Van Cleef and WCR Secretary Whitney LaCosta.
SENTRILOCK
TIPS
Protect Your Lockbox
When using a lockbox, make sure you
use the protective plastic cover that came
with it. By using the cover, you will keep
the elements out which will
reduce the chance of problems with the unit.
HOME & COMMERCIAL INSPECTIONS
SUPERIOR AGENT SUPPORT
*
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Free Agent Web Site
Excellent Commission Splits
Continual Training
Excellent Reputation
No Broker Compensation
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Buyer Representation Available
Flexible Listing Commission
National and International Referrals
FSBO Leads
Very Helpful Secretarial Assistance
For information or confidential interview call:
Floyd Earl 516-763-8950 or
Marlena Schein 516-763-8942
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www.longisland.housemaster.com
800-805-1122
9
●
June 2007
●
THE REALTOR®
The CENTURY 21 System…
We are a strong, vibrant and global
real estate family.
We strive every day to better understand our clients' needs and use that
understanding to help them successfully buy and sell real estate.
We embrace their goals as our own.
Our family is 46 countries, 8400 offices, 146,000 agents strong.
That is what makes CENTURY 21 the Gold Standard.
Are you ready to take your career to the next level?
1-888-21CAREERS
www.century21careers.com
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©2007 Century 21 Real Estate LLC. CENTURY 21® Is A Registered Trademark Licensed To Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each CENTURY 21 Office Is Independently Owned and Operated.
10
●
THE LONG ISLAND BOARD OF REALTORS, INC.
LIBOR Discusses Legilative Issues
THE REALTOR®
●
June 2007
LIBOR NEWS
DID YOU KNOW…According to the 2007
National Association Member Profile, the typical Realtor®
member is 51 years of age, works 40 hours per week, has
been in the business for seven years, and has a median
income of $47,700.
EXECUTIVE PLANNER
(Continued from page 6)
Suffolk County Minority Leader Dan Losquadro (R - Mount Sinai) recently met with
libor to discuss legislative issues of importance to the Realtors3. Minority Leader
Losquadro has already expressed an interest in sponsoring the commission escrow
act in Suffolk County. Pictured with Losquadro (left) are (l-r) Meredith Dulberg LIBOR
Legislative Liaison, Michael Mendicino LIBOR Treasurer and Audrey Livingstone
LIBOR’s Legislative Committee Vice Chairperson.
LIBOR Attends Erase Racism Event
Honoring Basil Paterson
Basil Paterson who was the first African
American to serve as Secretary of State
in New York was honored by Erase
Racism, a non-profit organization that
promotes racial equality in housing, public schools, and education. Pictured are
(l-r) Meredith Dulberg LIBOR Legislative
Liaison, Linda Bonarelli LIBOR
President, and Barbara McDonough
Chairperson of LIBOR's Fair Housing
and Cultural Diversity Committee.
wants,’ your property data sheets & an
associate to expand your network!! For
more information, contact Harvey Kolin @
631-422-5511 ext. 122. Mark your calendars... next meeting: August 28, 2007. Visit:
www.LICOMMERCIALNETWORK.org.
7/27 — Friday
NORTHEAST QUEENS CHAPTER
(formerly Queens North Shore Chapter)
9:00am — Networking Breakfast
Seminar — Details to follow... For more
information, call Laura Copersino @ 718819-4011. Visit our website:
www.libor.com/queensnorthshore.
AUGUST 2007
8/8 — Wednesday
HUNTINGTON TOWNSHIP CHAPTER
Summer event to be held at the Cinema
Arts Center in Huntington. Details to follow… For more information, please call
Marilyn Sturz @ 631-425-0774. Visit our
www.libor.com/huntingtontownship.
8/9 — Thursday
NASSAU SOUTH SHORE CHAPTER
6:00pm — Annual Sunset Dinner Cruise
aboard the beautiful “Nautical Empress.”
Boarding begins at 6:30pm; departure at
7:00pm sharp! from Woodcleft Avenue
Dock, Freeport. Cost is $69.00 per person includes spectacular menu, open bar,
sit-down dinner, dancing & DJ. RSVP by
8/6/07: Isa Stykes @ 516-377-6200. Mail
checks payable to Nassau South Shore
Chapter to: Isa Stykes, c/o Century 21
Mac Levitt Realty, 652 Sunrise Hwy.,
Baldwin, 11510. Visit our website:
www.libor.com/nassausouthshore.
SEPTEMBER 2007
SEPTEMBER 9-12
NYSAR FALL MEETINGS —
SARATOGA SPRINGS, NY
9/25 — Tuesday
SUFFOLK SOUTH SHORE
CHAPTER
6:00pm — “Casino Night” Details to follow... For more information, call Carol
Jemison @ 631-226-5995. Visit our website: www.libor.com/suffolksouthshore.
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12
●
LIBOR NEWS
WELCOME
THE REALTOR®
●
June 2007
NYSAR LEGAL HOTLINE
NEW LIBOR AND MLS MEMBERS
Lorna A. Anderson
Carrodus New Cent. Interglobe
Marco LaRocca
1 Stop Realty Shop LLC
Imad Baggar
Baggar Properties LLC
Jack C. Lobiondo
Jack C. Lobiondo, REALTOR
Wilston Bennett
Wycot B. Inc.
Peter P. Mannino
Call Realty Inc.
Aron B. Borukhov
Concept Real Estate
Shimon A. Matsui
Great Success Realty Inc.
Stefanos Boudourakis
Weichert Realtors Prop. Works
James M. Miaritis
James M. Miaritis, REALTOR
Louis Cardenas
Keller Williams Rlty Land
Belal A. Mohd
Superior Services Realty
Dennis Carrion
Innovative Realty Group Ltd
Eric D. Ornstein
American Home Real Estate
Milton M. Choto
Milton M. Choto, REALTOR
Harriet Rae Romano
Harriet Rae Romano, REALTOR
J.P. Endres, Broker, NYSAR member since 1996
Ocelia Claro
Ocelia Claro, REALTOR
Aida M. Saba
Abstract Solutions Inc.
Call 518-436-9727 (518-43NYSAR)
Theodora Cohen
Cohen & Davis Island E Realty
Joseph Sabella
Haptons Real Estate Com. Inc.
Juana Y. Cosme
Ultimate Real Estate Corp.
Linda D. Sauerbrey
Harbor Hill Realty
James E. Cumisky
Quogue East Realty Co. Inc.
Anuj Shanker
Street and Avenues Realty
Carlos A. Diaz
Carlos A. Diaz, REALTOR
Jageshwar Sharma
Jageshwar Sharma, REALTOR
Karen J. Donovan
Donovan Brothers Realty Inc.
Ali A. Sikder
ARA Realty Group Inc.
Eric B. Epstein
All County Realty NY Inc.
Brian M. Silvestry
BSRG
Joseph Geraci
Realty House Inc.
Keith R. Singh
Nirvana Realty Inc.
Paul V. Gioffre
MLS Island
Navon E. Somekh
NOA Realty Inc.
Gail M. Gladstone
Long Island Business Brokerage
Mohammad A. Tareen
Real Estate Advisory Company
Anne Hagen
Hagen Homes Inc.
Walix A. Valcin
Eden7 Realty Inc.
Balram Kakkar
Pan Am Realty Inc.
Nancy Wang
Fortune Realty Management
Demi Kalkanis
Drake Properties
James N. Young
James Young Commercial Broker
Jeongho Kim
Wall Street Title Service
Zaher Zahrey
Virtual Real Estate
Jagernauth Kishun
Access Homes Corp
Anthony Zenkewich
Anthony Zenkewich, REALTOR
FREE
AUTHORITATIVE LEGAL ADVICE IS AVAILABLE ON LEGAL
ISSUES RELATING TO YOUR REAL ESTATE PRACTICE.
Hours of operation: 9 a.m. to 1 p.m. Monday through Thursday
“The legal hotline is one of the most valuable offerings NYSAR gives
to its members. It’s a great way to know you are doing the right things
and managing risk and liability.”
Note: NYSAR’s Legal Hotline does not provide a client-lawyer relationship.
For confidential legal advice consult an attorney.
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Lane Realty
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13
LIBOR NEWS
●
THE LONG ISLAND BOARD OF REALTORS, INC.
June 2007
●
REALTOR® OUT EACH
THE REALTOR®
We’re More Than Realtors®…
LIBOR President Linda Bonarelli, pictured above, acknowledged the success of the
LIBOR Public Relations campaign during her opening remarks at the LIBOR
Education Conference and Trade Expo. LIBOR’s Public Relations Committee gave
out complimentary t-shirts at the Education Conference held on June 7th to help
spread the message...“Were More Than Realtors.”
The “We’re More Than Realtors...”
(WMTR) public relations campaign
began in 2006 and was created by the
Long Island Board of REALTORS®,
Inc. (LIBOR) Public Relations committee. The goal of the campaign is to promote to the consumer our Realtors®
involvement
in
Charitable
&
Community Service, and Legislative &
Political Advocacy that are PRO-homeownership. LIBOR has recently
launched a new web page with all campaign information and materials includ-
LIBOR sponsored a “Realtor Volunteer Day” in conjunction with Rebuilding
Together Long Island on May 22nd. On a beautiful spring day,
Realtors with the help of students from Friends Academy volunteered
their time and hard work on an outdoor maintenance and yard cleanup project, the results were amazing.
LIBOR demonstrates “We’re
More Than Realtors” in
more ways than one.
Pictured (left) with the
Moore family at their LIBOR
sponsored Habitat House
dedication ceremony on
May 5th, are LIBOR
President Linda Bonarelli
(left) and LIBOR Queens VP
(2nd from right) with
Charlotte A. Lee, President,
Habitat for Humanity in
Nassau County, Inc.
ing: a slide show presentation of past
and present Realtor® outreach efforts
that is set to music, an application for the
Realtor Spirit Award, a recap of last
year’s Spirit award winners, links to
forms including a generic Realtor
Volunteer Form to complete to participate in Habitat Builds and Rebuilding
Together projects, a downloadable file
of the new “We’re More Than Realtors”
Poster, and much more. Please visit
http://www.mlsli.com/ro/news/mtr.cfm
for all campaign details.
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Long Island/Queens • Manhattan • Ft. Lauderdale • Chicago • Clearwater
14
15
By Tricia Chirco
Marketing and Communication Director
On June 7, 2007, hundreds of Long Island Realtors®
poured into the Crest Hollow Country Club to take advantage of all the LIBOR Education Conference and Trade Expo
had to offer them including — great education sessions,
capacity filled exhibitor trade show displaying all sorts of
products and services that will help them grow their business, and many networking opportunities. Linda Bonarelli,
LIBOR President said, “I appreciate the hard work and
thought that the Education Committee put into this wonderful event. The day was filled with all sorts of educational and
business opportunities for our members. At the end of the
day — all the hard work paid off.”
Key note speaker Ross Shafer got the program started and
held the audience’s attention with his presentation on “How
to Ignore the Experts and Trust Your Gut.” The program was
about taking responsibility for your own life. Realtor®
Marilyn Urso, Long Island Village Realty said, “Ross Shafer
was super. Everything he said was right on the money, especially when he said YOU are in control of your life.”
Meenan Oil was the conference platinum sponsor, as well
as the sponsor of the $1000 grand prize, which was awarded
during the luncheon. Steve Miller, Sales Manager for the
Meenan Oil Company, pulled the winning ticket and called
Myrna Fitch from Century 21 Herrick to the stage to present
her with the $1000 cash prize.
Raffle tickets were sold during the morning hours and
over $7,000 was raised to benefit the Hagedorn Little Village
School located in Seaford. Barbara Feinfgold, Executive
Officer of the school, was on hand at the luncheon and
thanked everyone who gave so generously to this charity.
The Hagedorn Little Village School is a school that services
families and their children with developmental disabilities.
Betty Curran, Century 21 Metro Pro said, “I love that this
year’s exhibitors represented a variety of vendors, more so
than ever before. I walked the Expo floor and just gave a job
to the guy at the booth from Stanley Steemer Carpet Cleaner.
From there, I moved on to exchanging business cards with
an exhibitor that deals in a direct mail
product I was unfamiliar with and
does email blasts. This is what this
day is all about.”
At the end of the conference, attendees are asked to complete a short
form that provides organizers with
feedback on their experience. To
quote a Realtor® conference
attendee, she writes the following:
“Thank you for enriching our careers
in such a special way. It cannot be
done alone. This was a great day. The
best decision I made was to attend
the Education Conference.”
PLATINUM SPONSOR & EXHIBITOR
EXHIBITORS
MEENAN OIL CO., L.P.
Grand Prize Sponsor
Grand Assembly Sponsor
Luncheon Sponsor
1-800-Got-Junk?
Advanced Access
Allstate Insurance Co.
American Home Shield
Approved Funding Corp.
Berger Bros. Camera, Video, Digital
Centralized Showing Service
Commission Express of New York
Comps Inc.
Cort
DSI Design Group
Effects of Color, Inc.
eNeighborhoods
Everlast Sign & Service/Oakley Signs
Forest Hills Financial Group
GBSB Mortgage Company
Goldson, Nolsan, Connolly, Nasis & Dornfeld, PC
Harmon Homes
HelloWorld.com — Mike 3000
HouseGuard Home Inspection Services
HouseMaster Home Inspection
Hudson Mortgage Consultants
Intelligent Office of Melville
IRS - Taxpayer Advocate Service
Long Island Commercial Network — LICN
Long Island Realtors Federal Credit Union
MagnetStreet
Men On the Move Moving and Self-Storage
Companies
MLS Products & Services
MLSLI.com and MLSSTRATUS Banner Advertising
Mortgage World Bankers, Inc
National Property Inspections
OBEO
Oil Heat Comfort Corp
Pearl Insurance
Pillar To Post Professional Home Inspection
Post Your Listings.com
Promotional Solutions
Real Pro Training & Consulting
Recognition Express
Refinance.com
RPAC - Realtors Political Action Committee
ServPro
Stage Today Sell Tomorrow
Stanley Steemer Carpet Cleaners
The Real Estate Book
Three Point Office
Top Producer Systems
Verizon Wireless
Virtual Imaging Corp.
Wachovia Bank
Wells Fargo Home Mortgage
Women's Council of Realtors — WCR
Word Pro Group Direct Mail
GOLD SPONSOR
STRATUS DATA SYSTEMS
WRAP UP SESSION SPONSOR
SILVER SPONSOR & EXHIBITOR
CONFERENCE ASSOCIATES
New York State Business Group
BRONZE SPONSOR & EXHIBITOR
CITIBANK
BRONZE SPONSOR & EXHIBITOR
CABLEVISION
OPTIMUM HOMES
CONFERENCE JOURNAL SPONSOR &
EXHIBITOR
SHOWING TIME
BARRETTA REALTY SKYLINE
NEWSDAY
DENIS A. MILLER
INSURANCE AGENCY
eREALTY SOLUTIONS
NEW YORK STATE ASSOCIATION OF REALTORS®
NYSAR
AC&E
HOME INSPECTION CORP.
THE NEW YORK TIMES
Prospects PLUS!
SPECIAL THANKS TO ALL THE MEMBERS
OF THE LIBOR EDUCATION COMMITTEE!
●
THE REALTOR®
THE REALTOR®
Conference
Highlights
gratefully acknowledges the
generosity and support of the following
Sponsors & Exhibitors
●
19th Annual LIBOR Education
Conference and Trade Expo
Held on June 7th
Than
ks!
The Long Island Board of Realtors®, Inc.
June 2007
June 2007
●
●
HIGHLIGHTS AND PHOTOS FROM THE
16
●
June 2007
●
THE REALTOR®
MLS NEWS
THE MULTIPLE LISTING SERVICE OF LONG ISLAND, INC.
MLS INFO LINE
By Donald Scanlon, MLS President
Following the Rules
I recently attended a “Zone Meeting”
and overheard many of the conversations
taking place. Many of the managers & brokers seem to have the same issues and the
same feelings as to some of the challenges
in their market. Regardless of the locale or
Zone, we are all licensed and license law
will always “trump” any local practices.
A major concern seems to be the “roadblocks” being put in place to showing a
property or presenting an offer, or even
receiving a call back. Our MLS rules are
very clear; so is License Law, and so is our
Realtor® Code of Ethics. The real challenge is that many Brokers and agents are
really not as familiar with them as they
should be. When was the last time you or
your Broker attended an MLS Rules and
Procedures session?
As of today, we are closing in on having 3000 offices in the MLS. At last
count, it was 2938 with 54 new offices
added in May. As we continue to grow
into areas such as Brooklyn and the East
End, we will be looking at some possible
changes in the structure of some of the
Zones that service those areas.
Inventory is up. I am not telling you anything you don’t already know. We have over
34,000 units on the system, which represents
an increase of 18% over last year, but the
good news is the amount of buyers are up
too. We know that these buyers want to see
pictures, maps, and accurate information.
This information also includes taxes and
bedrooms, along with zoning. As a result,
the MLS is constantly updating the fields
and information that can be provided to the
consumer. We are also investigating the possibility of having listings available to buyers
on Trulia.com. However, MLSLI.com
remains the preferred source for real estate
information for Long Island consumers.
By the time you read this, for a reasonable fee, limited title searches will be
available on line. Many of you will have
seen the presentation by Baretta at the
Education Conference and Trade Show on
June 7th.
We are also working on implementing
online forms. This would enable the agent
to complete a form on line, and then
upload the form to stratus. This will be a
real time saver.
Last month, the new contract portion of
the listing agreement became available,
and many of you have noticed that Stratus
has been changed to accommodate the new
changes. We are always moving forward.
At the half way mark of my term as
MLS President I am pleased to report
there have been more than a few changes
that have a positive impact on the way we
do business, and more are on the way.
May Housing Figures for Long Island
Remain Relatively Unchanged
May contracted and closed median home
prices for Long Island (Queens, Nassau and
Suffolk) remained relatively unchanged from
April’s figures. The Multiple Listing Service
of Long Island, Inc. (MLSLI) recently
reported a May contracted median home
price of $450,000, representing zero change
from April’s reported figure of $450,000.
The closed median home price for Long
Island in the month of May was $439,900,
which is only a $100 from difference from
April’s reported figure of $440,000.
Available residential inventory continues
to climb with 35,796 available residential
properties reported on the MLS system during the month of May. This figure represents 1,667 more listings than in April, and
32 percent more than a year ago.
Industry experts predict that home sales
will most likely fluctuate in a narrow range
for the short term but will gradually trend
upward toward the end of this year.
N EE WW SS
AA NN DD
V II EE WW SS
MLS Announces 6th Annual
Tech Fair
The MLS has recently announced that
they will be hosting the 6th Annual Tech
Fair which will feature National Trainer
Robert Morris. The tech fair provides
Realtors® with the opportunity to learn
about the latest advances in today’s technology that are designed to help you
grow your business.
The event is scheduled for Tuesday,
October 16th between the hours of 8:30
a.m. and 2 p.m. and will be held at the
Huntington Hilton in Melville. Cost of
admission will be $30.00 per person. For
more
information,
visit
http://www.mlstechfair.com.
familiar with these to avoid being billed
for any violations.
• Property Description Field — What
is not allowed in this field
• Inventory Clean Up — Off the
Market -How and when listings must be
updated when taken off the market
• Inventory Clean Up — Under
Contract - Listings must be updated
immediately once under contract
• Owner’s Name Must be Published
on Listing
• MLS Requests for Paperwork - Must
submit Listing Agreements, Extensions,
etc. upon request by MLS
• Proper Listing Dates - What listing
dates to use when re-listing a property
Automatic Fines
MLSLI.com — Now Multilingual
The MLS Stratus Info Center contains
a new link showing a list of automatic
fines which may be imposed by the
Multiple Listing Service of Long Island,
Inc. Click on the links below for details
and possible fine amounts for each infraction. Please note that the fine amounts
range from $25 to $250. Failure to comply with the “MLS Request for
Paperwork” could lead to a much higher
fine. All Brokers and Agents should be
Long Island real estate’s best source for
real estate information now offers the find
a home feature in 13 languages. The MLS
of Long Island has recognized the diverse
cultures of consumers and responds by
offering search features in Spanish, French,
German, Russian, Polish, Portugese,
Vietnamese, Chinese Simplified, Chinese
Traditional, Japanese, and Korean. Note
that translations are limited and are only
available on certain fields.
MLS
Q.
Q&A
I’d like to link a virtual tour to
my listing. Does MLS have any
Rules that I must follow when adding a
virtual tour link or uploading pictures to
my listing?
Yes. The following rule was
recently revised by the MLS Board
of Directors to prohibit contact information
from being displayed on virtual tours:
Rule 501.12
Listing photos or any type of virtual
A.
tours may not include any contact information such as pictures of you, your
office, your logo, name, office name,
email address or web site address. All
residential properties’ photos must
include the exterior front of the property.
This rule became effective as of
August 21, 2006. As of that date no new
virtual tours with contact information
may be linked to listings on the Multiple
Listing Service of Long Island.
What’s New on Stratus
Several enhancements have been added
to MLS Stratus recently that include the
following features:
Now you Can Add A Second Salesperson
To Your Report Headers — For those
agents who work with another Salesperson, in
Customize My Stratus, you can select a 2nd
Salesperson from the agents in your office to
appear on Stratus report headers along with
your name.
Check Out the My Favorites Link —
There is a new link on Info Center called,
My Favorites, that allows you to save a set of
your favorite listings. You can save up to
twenty-one listings to My Favorites. Listings
can be Available or Unavailable. Save selected listings from any search results or add listings by ML# at the My Favorites page.
Delete listings at any time from My
Favorites by erasing the ML#.
Other
Miscellaneous
Stratus
Enhancements include:
1. In Public Records, when viewing a public record from Search Results, the default
output
report is
now the
Full with
Photo.
2. In Update, when displaying the
Update, a Print View button has been
added that will allow you to print the
update without having to go back to the
entry screen.
3. In Search when you are at Search Results
and click the Print View button, you are now
given the opportunity to also include your
Search Criteria on your report.
4. CMA updated as follows:
a. On Client tab, Email Address is now
labeled Primary Email and a new field,
Secondary Email, has been added
b. On Subject tab, fields, Adult
Community, Minimum Age and Waterfront
Desc have been added.
c. In Additional Search Criteria tab,
Adult Community, Minimum Age and
Waterfront Desc have been added.
GET YOUR COMPANY NOTICED...
ADVERTISE ON THE WEB...MLSLI.COM
ADVERTISE HERE
YOUR
CUSTOMERS
EXPECT
YOU TO BE
ONLINE!
Advertise your business on MLSLI.com for only $275
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.
17
●
June 2007
●
THE REALTOR®
18
●
June 2007
●
THE REALTOR®
TECHNOLOGY
SITES
TO
SEE
TECH TIP
By Dana Nowick
MLS Product Marketing Specialist
631-661-4800 ext. 367 • [email protected]
Get More Work Done in Public!
Increase your productivity by using
public Hotspots.
Wi-Fi hotspots seem to be popping up
at more places than ever before. Fast,
easy wireless access to the Internet is the
promise of wireless hotspots — making
this a great business solution for busy
Realtors on the go. With summer right
around the corner and all the outdoor
events that accompany it, hotspots are a
great way to check your e-mail, access
Stratus, and ultimately serve your customers better while you are on the go.
Hotspots continue to pop up in public
places like airports, hotel lobbies, and
coffee shops — Starbucks, the most
renown, has Wi-Fi hotspots in all their
locations. And, don’t forget, all four of
our Realtor Service Centers are Wi-Fi
hotspots too — making the Internet
accessible to any Realtor with a properly
equipped laptop.
At MLSLI, we try our best to remain
one of your leading sources of real estate
technology. We encourage you to bring
your laptop with you while attending
classes at any one of our Realtor Services
Centers. Stay in touch with your customers and your business while you further your career when you spend the day
at one of our service centers learning
about Real Estate.
But, before you bring your laptop to
class, make sure it is properly equipped
with Wi-Fi capabilities. The key to using
a hotspot with little fuss is to equip your
laptop with the proper wireless local area
network (WLAN) hardware and software.
If you have purchased a laptop recently, you probably have all the equipment
you need to go wireless. However, if your
laptop is a few years old, you may need
to add the wireless technology. All you
have to do is purchase a wireless card
from any major retailer such as Best Buy,
Circuit City, etc., attach it to your laptop,
and you are ready to go!
Have a tech topic or tech question you
would like to share? Let me know!
LIBOR’s Realtor® Service Centers Offer
Wi-Fi Capability
If you are a Realtor® member attending a
class at any one of the four Realtor® Service
Centers, feel free to bring along your laptop
to stay in touch with your office and customers. Realtor® Service Centers located in
West Babylon, Jackson Heights, Riverhead
and Woodbury, are Wi-Fi Hotspots, and can
provide wireless Internet access to any laptop
that is already equipped with a wireless network card. There is no registration required to
access this service, and it is always available
to Realtor® members free of charge.
When your clients are
preparing their home for
sale or settling into their
new abode, a fresh coat of paint can go
a long way in sprucing up any room. But
when it comes to choosing which color
to use, the options can seem endless.
Help your customers avoid spending
hours at the paint store or taking a
chance with the wrong color by recommending these fun and helpful Web
sites. Run by major paint companies,
these sites offer free interactive tools
that allow visitors to virtually paint a
room that resembles one in their home:
Sherman-Williams Paint Visualizer at
www.sherwin-williams.com/do_it_your
self/. To access this online tool, click on
the “Launch Color Visualizer”‰ button
on the left side of the page. Once the
new window opens, you can choose to
paint an interior, paint an exterior, or
find a color by browsing through
dozens of color palettes. Among the
interior room options, there are six bathrooms, six bedrooms, three dining
rooms, and nine living rooms.
Benjamin Moore Personal Color
Viewer at www.benjaminmoore.com.
This site lets you choose whether you
want to virtually paint one of many
sample rooms, or fork over $10 for
software that will allow you to upload
your own digital photos to “paint.” ‰ For
the purpose of this review, let’s
assume that you take the free route
and use a sample photo. Start by clicking the “Let’s Paint”‰ button to launch
the Personal Color Viewer. Choose
from an array of sample bathrooms,
kitchens, offices, bedrooms, exteriors,
and more. Then pick the body color,
trim color, and ceiling color, and watch
as the photo automatically reflects
your color choices. But the Personal
Color Viewer isn’t the only handy tool
at this site. Before you leave, check out
the Homeowner: How-To’s section for
detailed instructions on glazing techniques, painting a “Twinkle, Twinkle
Little Star”‰ theme in a nursery, creating diamond patterns, and more. Or
visit the Color Inspiration section for
Color Scheme Ideas and Starting
Points to Decorating a Room.
Behr
ColorSmart
at
www.behr.com/behrx/workbook/. This
tool works differently from the others,
requiring you to choose your colors
before you see what they look like in a
sample room. It’s also a bit trickier to
navigate the site and takes longer to
load. Launch the tool by clicking the
“Start ColorSmart”‰ logo on the right of
the screen. In the new window that
opens, select the middle option,
“Browse Colors.” ‰ You’re prompted to
select a color family, and ultimately
one color. To coordinate that color with
others that you will use in the room,
select the “Coordinate”‰ button on the
right side of the page. Or, you can click
the “Preview/Print‰ button to see what
the color looks like in a room. Only
then do you get to select the room.
However, once you’re “in‰ the room,”
it’s easy to add colors and modify
them. The end result is nice, but you
need patience to get there.
TECHNO-BITS
Survey Shows
Realtors® Investing
More in Technology
According to NAR’s recently released 2007
Realtor® Technology Survey, Realtors® are
investing heavily in technology, with more than
half of the Realtors® surveyed reporting they
spent more than $1,000 last year.
The survey, conducted by NAR’s Center
for Realtor Technology, also found
that 25 percent of respondents
spent more than $2,000 on
technology in 2006. In addition, approximately two-thirds
of those surveyed have a real
estate business web site, and a
quarter spends more than
$1,000 annually to maintain their site.
The most popular devices Realtors® reported using in their day-to-day business included:
digital cameras, desktop computers and cell
phones. The survey also revealed the growing
popularity of smart phones or PDA’s, which
provide phone, Internet and e-mail capabilities. In 2005, only 8 percent of respondents
used a smart phone compared to 28 percent in
2006, and as many as 30 percent of respondents plan to purchase one in the coming year.
Realtors® use of automated forms and
transaction management software is also on
the rise as real estate transactions become
more complex. More than three-fourths of
Realtors® surveyed said they must manage as
many as 20 documents to complete a real
estate transaction. Fifty-nine percent of
those surveyed use an automated forms management program to help streamline the
paperwork involved in a transaction. Twenty-three percent of respondents use a transaction management system,
which tracks each step of the real estate
process, and 69 percent of those who aren’t
currently using a transaction management system are interested in adopting the technology.
Realtors® continue to advance real estate
technology by adopting innovative systems
and processes. This improves their communication with home buyers and sellers and
helps to streamline the transaction. To view
the complete 52 page Technology Report,
visit REALTORS ONLY at mlsli.com and
click on the Research and Data button.
718-423-3130
www.nstowers.com
Greenthal
Charles H. Greenthal Property Sales
272-40 Grand Central Parkway
Floral Park, NY 11005
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THE REALTOR®
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June 2007
NORTH SHORE TOWERS
DISCOVER
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19
DISCOVER LUXURY JUST 16 MILES FROM MANHATTAN!
20
●
June 2007
●
THE REALTOR®
This
& That
Laffey Associates has
announced
that
Huntington native Tia L.
Hamlin has been
appointed
Vice
President
Corporate
Services & Relocation.
In this role Hamlin will be
responsible for promoting and marketing relocation services to
area companies, corporations and groups.
Ms. Hamlin has over ten years of experience
in Relocation. She was most recently
Account Executive for Prudential Relocation.
New Realtor Quanicka
Harris has joined
WEICHERT,
REALTORS- - Quality Homes
as a specialist in residential sales. A member of the Long Island
Board of Realtors-, she
serves clients in Nassau
County and surrounding areas, welcome!
Wantagh Realtors (from left to right)
Maryanne Paccione, Marlena Schein
and Laura Dupkin-Memisha of Coldwell
Banker Manor Gate, were the cooks for the
Wantagh JR Chamber of Commerce’s 3rd
annual “Breakfast with the Characters,”as in
Disney characters and friends! The children played games, received character
autographs, pictures, watched a movie and
ate a great breakfast of pancakes, eggs,
sausage, bagels and beverages.
The breakfast was held with the support of
the Wantagh Chamber of Commerce, in
which the three realtors are active members;
proceeds go to the Community Beautification
projects throughout Wantagh.
OBITUARIES
the Schneider Children’s Hospital. The
Children's Miracle Network is an international non-profit organization dedicated to
raising funds and awareness for children’s
hospitals; funds raised locally stay local to
support the kids in the communities.
Pictured above is the event coordinator
Ann Marie Portaro (right) and friends.
We regret to inform you of the passing of
Cheryl Warner of Bon Anno Homes in
Massapequa. A memorial service was
held on May 29th at the Old Westbury
Gardens in Old Westbury.
We regret to inform you of the passing of
Ronald Vincent, husband of Christine
Vincent of DeBarbieri Associates in Saint
James. Services were held on May 23rd
and 24th at Glove Funeral Home in Selden.
Obituaries can now be found on
The REALTOR only web site at
mlsli.com/ro/newsitems/news.asp
Grand Prize—-Cruise on the World Famous Queen Mary 2
($5,000.00 value or cash equivalent)
Jolie Powell Realty of Port Jefferson has been
chosen to affiliate with L. Ross Realty of East
Setauket, with the retiring of Linda Ross; they
will be joining forces with Evelyn Ross
Costello. Pictured are (l-r) Jolie Powell,
Linda Ross, Evelyn Ross Costello.
2nd Prize—2 Night Stay at Mohonk Mountain House ($1,750.00 value or cash equivalent)
3rd Prize-----$750 American Express Gift Cheque
For every $20.00 you contribute to RPAC from March 1st thru September 30th, 2007
you will automatically be entered with one entry into this sweepstakes.
RE/Max North Shore and RE/MAX West
held its first Annual Children’s Miracle
Network Gala on May 11th at the Crest
Hollow Country Club in Woodbury; the
event was attended by hundreds of people including special guest USA figure
skater Emily Hughes. This extremely successful event raised $143,000 to benefit
RULES: All RPAC Contributions from March 1, 2007—September 30, 2007 are eligible. All Contributors are automatically entered. The
Drawing will be held at LIBOR’s General Election Membership Meeting on October 23, 2007. You do not need to be present to win. Winner
will be notified by phone. Entries must be received by September 30, 2007. Make Checks Payable to RPAC. Personal and Corporate contributions are accepted.
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21
RPAC
CRYSTAL R
($2,500 TO $4,999)
STERLING R
($1,000 TO $2,499)
Mary E. Adams*
Christopher
Armstrong
Linda Bonarelli*
Ralph Bove
Kathleen L. Engel*
Lisbeth N. English*
Melvyn S. Farkas*
Barbara F. Frechter*
Susan G. Helsinger*
Walauddin Hoosein*
Maxwell S. Levitt
Otto Lugo*
Patricia M. Masone
Mary F. McLaughlin*
Michael Mendicino*
Walter D. Messina*
Joseph E. Mottola*
Daniel Ryan, Sr.
Donald C. Scanlon*
Moses Seuram
Joseph T. Sinnona*
Yoshinori Takita
Frank S. Urso*
Marilyn Urso*
Mohsen Zandieh
PRESIDENT’S
CLUB
($500 TO $999)
Gabriele Bishop*
Floyd G. Earl
Nicholas Gomez
Lois M. Hanson
Nancy Scarola
Mohinder Taneja
CAPITOL CLUB
($250 TO $499)
Bridget D. Allim
Dorothy A. Aschkar
Alan L. Berger*
Russell H. Carey
Charles S. Cortese
Marie A. Costello*
Rocco J. Famiglietti
Barbara Ford
Marian Fraker Gutin
Brigitte E. Greene
Lisa Healy
Richard Kilfoil
Gary A. Knotoff
Sheryl F. Kushnick*
Richard M. Shane
Edward S. Smith
Carol A. Sparaco
Neil E. Sterrer
Frank A. Urso*
Susan L. Urso*
Paul K.
Wernersbach
$99 CLUB
($99 TO $249)
Richard W. Abatelli
Husni A. Abou Saab
Nancy A. Achstatter
Kenneth L. Adamo
Michael Adelstein
Mark S. Adler
Edul N. Ahmad
Rafik Ahmad
Karen C. Alberman
Michael Albert
Sheinkopf
Vincenza Alia
Asher S. Alon
Jacques Ambron
Shanti Ammar
Diane E. Andersen
Lorna A. Anderson
Mark G. Anderson
Paula M.
Annarumma
Caruso
Joseph Ardito
Matthew B. Arnold
Richard B. Arnold
Evelyn Atanas
Anthony D. Atkinson
Kenneth A.
Auerbach
Nora E. Avalos
Alba M. Ayala
Azucena M. Ayala
Diab
Reuben Azel
Glen A. Ballard
John E. Banham
Michael Barone
Christian Bastian
Joanne C. Bechhoff
Sharona Beck
Carole Belley
Michael Bello
Rachel Benedetti
Wilston Bennett
Alan L. Berger
Mohamed Bessai
Gina M.
Bettenhauser
Jerome H. Blue
Richard D. Bocchieri
Lucille Bonanno
Ernest F. Bonifazio
Kathy P. Borg
Aron B. Borukhov
Stefanos
Boudourakis
Kim M. Bowdwin
Geralynn Bozza
Bill J. Brake
Robert Bretscher
Arthur Briscoe
Barbara A.
Bucovetsky
James M. Burns
Denise C. Buser
Zillah A. Bush
Franklin D. Butz
Nelson N. Byfield
Manuel P. Cabeca
Miguel A. Cabrera
Denise A. Calderone
Allegra Capra
Peter M. Caputo
Craig S. Carbone
Peter Caruso
Gloria Catsimalis
Peter J. Cavallaro
Fang C. Chan
Karen P. Chan
Chandan Chandan
Jen Chao
Raiyen Chen
Kumal A. Chetram
Anne Marie
Chirichigno
Soun Young Choy
John Ciurcina
Monique M. Clarke
Anessa V. Cohen
Michael G. Cohen
Peter J. Cohen
Theodora Cohen
Yaron R. Cohen
Anthony Como
John Condon
Maxine M. Conlin
Patrick Consalvas
Anthony Conti
Raymond A. Cooper
Laura Copersino
Juana Y. Cosme
Carol P. Costanzo
Roberta D. Coward
Barbara Crowley
John Crowley
Pedro Cruz
James E. Cumisky
Lora Cusumano
Branko I. Cuzzone
Charles J. D’Agostino
Alfred Daddio
Samuel A. Dare
Surekha S. Dave
Paul J. Davey
Regina R. Davis
Nilo A. DeLaTorre
Frank Dell Accio
Vincent Dell Accio
Joanne T. DeMaio
Ying Deng
Suzanne DeNoyior
Steve DePinto
Kissoon Dhanraj
Carlos A. Diaz
Janis A. DiGiovanni
Josephine G. Dizon
Sabita D. Doodnauth
Lou Dorsam
Louise E. Doyle
Jian J. Du
Kenneth J. Dunn
Fred A. Duran
Sooroojnee Edoo
Robert Eisenoff
Allan R. Eldridge
Shawn Elliott
James H. Elstroth
Akiva Kevin Emergi
Janice L. Fagan
Quenida Falcon
Eilen W. Fan
Gary Feldman
Mitchell Feldman
Suzanne Ferenczi
Renzo Fiallos
Cosmo Ficara
Warren M. Fink
Andrew H. Finkel
Georgianna F. Finn
Kevin P. Fitzpatrick
Carlos Flores
Harris S. Focer
Wesley Ford*
Beatrice Formickella
Jennifer Fox
Susan L. Francis
Frances Franco
Dougall C. Fraser
Sally Froccaro
Mary G. Fudens
Takeshi Furumoto
Vinod K. Gadura
Ron J. Gal
Deborah L. Galligan
Carol Gallo
Turschmann
John C. Gandolfo
Joy B. Gape
Jhony F. Garcia
Pablo A. Geymayr
Vincent J. Gianelli
Camellia Giardina
Nicholas Gigante
Stanley E. Gilpin
Elizabeth Gittens
Steven H. Glassberg
Barbara Goldfeder
Susan Goldman
Paul A. Gomez
Thomas J.
Goodman
David I. Gotthelf
Gerald Graham
Diane M. Grande
Shelina Graves
RPAC UPDATE
By Pat Levitt, RPAC Chairperson
RPAC Dollars at Work
Okay!!! Who’s ready to help? How can
we get contributions to RPAC from the
22,000 members who have not yet given
this year? Any ideas? Is it possible to
expect that even half of these members
will make a contribution soon? I’d like to
see at least half of the MLS Offices contribute a minimum of $100 either from the
Broker or collectively from their agents. If
either of these scenarios occurs soon we
would most likely be at goal.
So much is changing rapidly in our
industry but the one thing that has not
changed is the importance of the Realtors
Political Action Committee. This
Committee’s purpose is to encourage voluntary contributions and to educate all
Realtors as to how important it is for each
to give their fair share. It is the best investment a Realtor can make in Real Estate. It
is imperative that Realtors continue to
support those legislators that have and will
continue to support our industry.
To date we’ve raised $230,000 for
RPAC with only 4,932 contributors. Now
can you understand why we need everyone’s help? I personally don’t want to
appear to be negative but it’s frustrating to
know that only 19% of LIBOR’s members
have contributed thus far. The Realtors
Political Action Committee will soon be
announcing an exciting (and different)
fundraiser. Watch for details.
Approximately 40 LIBOR members
traveled to Albany for Lobby Day on May
30th. They had the opportunity to speak
directly with many of our State Senators
and Assembly Members. They asked for
the legislators’ support again for a
Commission Escrow Act, help with
Insurances, to defeat any additional
Transfer Taxes, to pass legislation for Coop disclosure and to understand that
Realtors are not trained, nor should they
have to be policemen as far as home owners abiding by zoning laws. With so many
issues before us you can see where RPAC
dollars are so important and needed.
For those of you who take the time to
read this article you are probably the
majority of the Realtors that already contribute to RPAC. Please, if you are reading
this, I’d like to again ask that you spread
the word and ask your constituents to contribute any amount that they are comfortable with. Remember, for every $20 contributed they will automatically receive
one entry in the 2007 RPAC Sweepstakes
— “RPAC & You on the QM2.”
You have to be in it.....to win it!! Are
you?
Paolo E. Greco
Evan Greene
Gregory E. Greene
Ivan E. Guerrero
Anthony L. Guidice
Ronald P. Guzas
Leesa Haas
Anne Hagen
George N. Halvatzis
Matthew T. Hancock
Robert L. Harding
Joanne F. Harms
Richard H. Harsch
Howard F. Hart
Matthew Hart
Roger J. Hayes
Kelly A. Hicks
Valerie Hinds Weir
Arthur M. Hofbauer
Michael L. Huckabey
Philip W. Hyatt
Anthony Imperato
Walter Imperatore
Mohammed M.
Islam
Janet Iveson
Ester Jaeger
Harry K. Jairam
Leslie E. Jansson
William Jee
Monique M. Johnson
Lucio A. Jovel
SMS Kabir
Basmattie S.
Kahnauth
Arihay Kaikov
Balram Kakkar
Annette Kalikow
Demi Kalkanis
Randy Kaplan
Christopher G.
Kaufman
Thomas S. Kelly
Elaine Kennedy
Amy Kernaghan
Jeongho Kim
Young B. Kim
Jagernauth Kishun
Maureen A. Klersy
Sharon Kollore
Catherine Kolsch
Emily P. Koo
Gina M. Kritikos
Mary J. Kronwitt
Sheryl F. Kushnick
Sidney Kwintner
Steve Lagoudis
Mei Ying Lai
Monica Lai
Maria Lanigan
Pamela G. Lanigan
Elizabeth Lanza
Marco LaRocca
Ann M. Lasker
Anthony A. Lauto
Sheila Lawrence
Brian D. LeDonne
Joann Lee
Charles Lefkowitz
Sandi Lefkowitz
Shu Yun Li
William Li
Lisa M. Lilly
Todd S. Litz
Yvonne Lloyd
Jack LoBiondo
Donna L. Lomenzo
Brian P. Lomot
Martha Y. Lopez
Marjorie T. Lord
Shiu Fang Lou
Charles Lovell
Rita J. Lowry
David G. Lucas
Johnstone S. Ma
Louis J. Macari
Jorge L. Machado
Patrick H. Mackay
Erik C. Mahler
Malachy T. Mahon
Susan D. Maisto
Amnon M. Malul
Jack Gajraj Mangra
John F. Maniec
Peter P. Mannino
Jean Mansueto
Ray Manzoni
Francesco S. Marino
Judy S. Markowitz
Robert Martian
Vito Martinico
Edna Mashaal
Peter Mastroianni
Dorothy J. Matinale
Shimon A. Matsui
Thomas J. McCarthy
Pangeta R.
McGrowther
Everton M. McIntyre
Maureen A.
McMahon
Claudette Y. Medley
Charles J. Mehlman
William E. Meier
Alfred J. Melillo
James M. Miaritis
Bernard Miglio
Boris Mikhailov
Lola N. Mitchell
RPAC Recognition
Awards
GOAL
$407,000
$230,000
At a recent Board of Directors Meeting, Pat
Levitt, RPAC Chairperson presented Gil Picard
and Georgia Westcott with their 2006 RPAC
First Time Sterling R Plaques.
Stephen Mogelefsky
Lionel A. Mohabir
Gloria C. Molloy
Everton G. Moore
Alice H. Morabito
Keith E. Moran
Michael J. Morris
Joseph M. Moshe
Sunil A. Mungroo
Fina Musso
Paul P. Napolitano
John F. Navaretta
Ozell R. Neely
Gisela I. Nightingale
Eliahu Nir
Lynn Nunes
Gerard L. O’Connell
Virginia O’Dwyer
James F. O’Kane
Deirdre N. O’Connell
Wilson I. Odigie
Alexandra
Orfanoudakis
Peter T. Orisses
Eric D. Ornstein
James Orticelle
Eric Pagan
Jorge E. Palacios
Maria S. Palmar
Geneive Panton
Vincent C. Papa
Maureen Papalas
Christopher M. Pape
Angela K. Parisi
Francis A. Paruolo
Chrysa Pasqualone
Antonio J. Patino
Jay Pegram
Denise Perfido
Oneyda E. Perla
Haimraj Persaud
Jhairam Persaud
Poonraj Persaud
Louis Pescatore
John L. Petsco
James A. Phillips
Rosanna Piazza
Gilbert A. Picard
Michael Piccolo
Eytan A. Pick
Joseph Picone
Rosetta L. Pirillo
Allison B. Platt
Thomas M. Potter
Jolie Powell
Rose Marie Princi
Rudolph Princi
Joseph Ragnauth
Cipher Rahiem
Tanveer Rahim
Muhammad A.
Rahman
Mark Ramjeet
Manoj M. Rawh
Donna Reardon
Kenneth Reed
Paul B. Reiss
Maribel X. Reyes
William C. Rhodes
Carl W. Riese
Raymond N. Rivera
Asia Roberts Francis
Seibert L. Robinson
Gloria I. Rodriguez
Diana M. Romano
Harriet Rae Romano
Ronald Rosaliere
Melly D. Rosario
Willard L. Rose
Tina Rossetti
Katherine Rossi
Roberto Rossi
Harriet M. Rowan
Todd Roy
Paul A. Ruddock
Mary Alice Ruppert
Miriam J. Ruiz
Daniel Ryan
Aida M. Saba
Craig B. Sanders
Anthony Santiago
R J Santiago
Richard D. Santiago
Geraldine S.
Sapanaro
Kenny Kamil Sattaur
John Z. Savoretti
Azalea H. Scally
Marlena C. Schein
Bruce H. Seger
Henry A. Setaro
Harsharan Sethi
Barbara Shane
Jageshwar Sharma
Riaz A. Sheikh
Brice J. Sheppard
Julia Shildkret
Steve S. Shin
Kitty Lin Shum
Dwight Sibblies
Ali A. Sikder
Dana Silkiss
Anita Simon
Baldev Singh
Jasvir Singh
Keith R. Singh
Nishwa P. Singh
Powan K. Singh
Kevin A. Smith
Mitzy Smith
Va Lance L. Smith
Roy Sobel
Andrea Soho
Richard J.
Soleymanzadeh
Florin J. Spariosu
Anthony Sperrazza
Angela T. Starr
Shawn Steinmuller
Isa D. Stykes
Dave Surujnarain
Madan P. Surujpaul
Marie Svec
Thomas F. Tabone
Peter J. Taryan
Harry G. Terezakis
Lawrence A. Tesch
Leo S. Testa
John Testaiuti
Mildred Thomas
Robert Tomich
Kenneth A. Trestka
Todd A. Triolo
Christopher
Tscherne
Demetri Tsilogiannis
Bill Tsoumpelis
Basmattie Udit
Sukhu
Richard S. Ulrich
Giuseppe Vaccaro
Vincent Vaiano
Carmen Valdez
Valerie Van Cleef
Charlotte
Vanderwaag
Lucy A. Verdeschi
Gregory J. Verity
Ofer Vilenko
Hernando Villamil
Marea L. Wachsman
Jeremy Walsh
Una Walsh
Alfred Walter
Jyh S. Wang
Aaron M. Waxler
Estella Wilder
Allan C. Williams
Shareefa Williams
Sonja L. Williams
Edward F. Wilson
Richard M. Witt
Byung Soo Woo
Joseph T. Wright
Xing Wu
Willie M. Wyatt
Man C. Yam
Zeng Wen Ye
Martin Yip
James N. Young
Nir Zeer
Michael A.
Zimmerman
Please note — due
to space limitations,
the contribution
date range of
5/1/07-6/1/07 was
used for the Less
than $99 category.
LESS THAN $99
($20 TO $98)
Maria S. Abrego
Nordeen Accardi
Charlene Ackerly
Peter R. Acocella
Rosario Acquista
Nelson Agis
Benedict E. Aikhuele
Iraklis M. Alevizakis
Diane Alveari
Sophia K. Anderson
Lydia R. Anello
Vera Atamian
Geraldine Z.
Bagshaw
Janice Balsamo
Samantha G.
Baroulette
Deonarine Basdeo
Kim L. Beckmann
Heather B. Bester
Oliver Blake
Irene Booker
Ronald W. Boughton
Joseph Brancaleone
Deanne Brand
Carol Bromm
Lillie M. Brown
Louis J. Campione
James R. Carson
Sebastian R.
Castagnino
Wendy S. Castaldy
Sandra M. Centeno
Mui Kay Cheung
Chuck Collins
Jennifer M. Coluccio
Belbina E. Costello
Mary L. Daversa
Diane L. Davies
Frances I. Dellipaoli
Peter S. Demidovich
Thomas J. Dionisio
James P. Divone
Paul S. Dougherty
Gordon Drucker
Meredith E. Dulberg
Judith L. Edge
Vito Elefante
Anthony G. Ellis
Elyse Everett
Olugbenga A.
Fakuade
Maria Farina
Julia Fazylova
Alan C. Fein
Lori Ferrara
Kathleen A. Fisher
Alicia A. Flores
Ricardo B. Flores
Ruthann Forland
Marc Franchi
Barbara L. Franco
Paul Franco
Jim Freebody
Carlos Fuentes
Lopez
Keshia Fullwood
Kiriaki Gialouris
Kathleen M. Gillies
Catherine Gipson
Linette M. Gomillion
Ellis
Alyssa Gora
Timothy Graham
George A. Grellet
James F. Guariglia
Jean C. Guerrier
Lloyd Gutin
Ferdie Headlam
Nicoya S. Hemans
Leonard J. Horowitz
Nicole T. Hudson
Caroline Jemison
Joyce L. Jones
David L. Joyner
Doreen Justiniano
Gary Kaufman
Sundong Kim
Lucille P. Kollmer
John L. Kramer
Whitney M. LaCosta
Christopher
Latchman
James D. Levine
Grace M. Leyhane
Laura A. Loeffler
Claudia P. Lopez
Ricardo J. Lopez
John M. Lorenzo
Connie Ma
Janine M.
McQueeney
Jorge E. Mendoza
Joseph J. Micciulli
Joongsik Moon
Helen Moutopoulos
David Movahedian
Jose F. Nunez
Richard O. O’Neil
Dennis J. O’Sullivan
Tina M. Padula
Sang S. Park
Victor Pascale
Patricia Patten
James F. Phillips
Laura Prince
C A Quilla Limachi
Gloria E. Rabson
Shewpaul
Ramlochand
Michele Ramos
Gregg Renneisen
Barbara Ring
Matilde Rodriguez
Espinal
Maricel Rojas
Elizabeth A. Rowsell
Christine Rudden
Kinga Salamon
Roy Sam
Keturah L. Sapp
Rosemary J.
Schwarz
Wanda Sierra
Kathleen G. Sinito
Christopher J. Smart
Oscar R. Spinato
John M. Stevens
Hudson L. Syffrard
Michael D. Szollosi
Michael A. Tatilian
Katherine Timms
Dianne Wenk
Georgia Westcott
Carolyn M. Whalen
James Wong
Michele P. Wright
Isabel Zenocratti
*These LIBOR members have pledged RPAC contributions. **All contributors of $20 or more will be automatically entered into NYSAR and LIBOR Sweepstakes.
THE REALTOR®
GOLDEN R
($5,000 AND UP)
Joseph L. Canfora
Dorothy Herman
Patricia Levitt
Audrey Livingstone*
●
IT’S YOUR BEST
INVESTMENT IN BUSINESS!
LIBOR’S RPAC GOAL HAS INCREASED FROM $386,385 IN 2006 TO
$407,000 IN 2007 BASED ON RPAC FAIR SHARE OF $15 PER MEMBER.
For more information, please contact Randy L. Kaplan,
Director of Governmental Affairs, Ext. 380.
June 2007
2007 RPAC HONOR ROLL
●
REALTORS POLITICAL ACTION COMMITTEE
22
●
June 2007
●
THE REALTOR®
LEGAL/GOVERNMENTAL
COUNSELOR’S COMMENTS
By Daniel S. Dornfeld, Esq.
Goldson, Nolan, Connolly, Nasis & Dornfeld, P.C.
[email protected]
Recognizing Hidden
Lease Costs, Part 2
This is part 2 in a 2 part series educating
brokers about some of the hidden lease
costs that tenants often do not expect to
have to pay for their lease. As I mentioned
in my last article, it is actually unfair to refer
to the costs as “hidden” because they are
often explicitly set forth in the lease.
Regardless, if not hidden they are certainly
“unexpected”, leaving the tenant unhappy
about the whole transaction--including their
broker’s participation. Generally, these are
issues that should be considered at the onset
of lease negotiations. If the broker or their
client expects their attorney to catch these
extra costs, they may be sadly disappointed--most attorneys are no more cognizant
of these charges than their clients.
In the last article, we addressed the Loss
Factor, which is the percentage of the gross
area of a space that is lost due to walls, elevators and other common areas. The tenant
pays rent for this area but it is not actually
physically included in the space they are
leasing. If the tenant is not aware of the loss
factor and how it will influence their costs,
they will not have a realistic understanding
of how much they are going to be expected
to pay for their space. This article addresses some of the costs associated with the
Common Area Maintenance (CAM) or
Building Operating Expenses (BOE).
These terms are often used interchangeably
although there are some differences. For the
purposes of this article, I am just going to
use the term CAM.
As you may recall from an earlier article,
for retail and industrial leases, usually a tenant will pay their pro-rata share of the landlord’s expenses. For office leases, the tenant generally pays their pro-rata share of the
increases in those expenses. Although the
tenant is expecting to pay his share of the
landlord’s expenses, often the lease requires
them to pay items that they would not consider to be true expenses.
It is common that the lease will require
the tenant to pay “Administrative Fees”.
Conceptually, that is supposed to reimburse
the landlord for its costs to implement the
CAM. Usually it is a percentage of that
expense˜generally anywhere from 5-15%.
For instance, let us say that the landlord
pays $300 each month to hire a company to
sweep the parking lot of a shopping center.
If a tenant occupies 10% of the shopping
center, then the tenant will be expected to
pay $30 each month for sweeping. The
administrative fee will provide that the tenant pay an addition 15% of the $30. The
landlord would argue that this 15% reimburses the landlord for such things its costs
to pay someone to write the check to the
sweeping company, the cost of that check,
postage, rent for extra space so the person
who writes checks has a place to sit, etc.
Clearly, the $300 is a cost to operate the
shopping center. It is not so clear that the
15% is such a cost˜maybe the landlord
writes the check himself from his kitchen
table. Regardless, whether it is a real cost or
not, it is going to be billed. If CAM is a couple dollars a square foot, that administrative
fee can become substantial. In my experience landlords are often willing to reduce
the percentage of that administrative charge
if asked.
Often leases provide for an
Administrative Fee and a Management Fee.
Most tenants I have spoken to (at least until
I explained otherwise) thought that these
two items were essentially the same thing.
Other tenants thought that the Management
Fee would only be charged if the landlord
hires an outside company to manage the
building. They were wrong too.
Actually, the Management Fee just provides the landlord with additional profits
for managing its center. Generally it is an
additional charge of 3-5% of the landlord’s
total billings for the center. The idea behind
the Management Fee is that if the landlord
elected to hire an outside company to manage the property, it would have to pay that
company for its services. Since the outside
company would make a profit, if the landlord takes on the extra work itself, it should
be able to make a profit too.
Throw in the fact that besides an
Administrative Fee and a Management Fee,
the landlord is also billing the tenant for its
property manager’s salary and you can get
a very unhappy tenant.
Tenants should inquire whether the landlord charges a Management Fee and, if so,
how much that is. If the Management Fee is
referenced in the lease, it should be clearly
defined. Although it can add so much cost
to the tenant, I have never once heard a tenant make such an inquiry. It is an expense
that is easy to address so long as it is quantified beforehand.
Capital Expenses refer to Capital
Improvements that the Landlord might
make to the property. I have seen tenants
move into buildings only to be hammered
after their first year because the landlord
replaced an HVAC unit or decided to
repave the parking lot. The leases should
specify that if any such expenses are included, they should be based on the amortized
costs of any such item over its useful life in
accordance with Generally Accepted
Accounting Principals.
Capital Reserves are the evil half-brother
of Capital Expenses. Instead of the
Landlord charging a tenant for Capital
Improvements that they have made, they
charge the tenant for Capital Improvements
that they might make. Usually that is a relatively small amount that is included each
year so that, if the Landlord decides to
make a Capital Improvement, the tenants
have already prepaid it. Although the
reserve is relatively low, if it is included
each year and no work is done, by the end
of the lease, that number has added up.
In any event, the tenant should inquire as
to any improved capital improvements and
how they are going to be paid for.
This article is just an overview of some of
the more common costs that are included in
leases that tenants generally do not expect to
pay. There are many others. The point is that
the tenant and its broker must be proactive in
trying to understand and negotiate all the
occupancy costs. They cannot just focus on
the size of their space and the rent. Likewise,
they cannot assume that their attorneys will
(Continued on page 23)
The Home Equity
Theft Prevention Act: Part 2
By Cathy Quinn Nolan, Esq.
The Home Equity Theft Prevention Act,
which was signed into law by then
Governor Pataki at the end of the 2006 legislative session, became effective as of
February 1, 2007. The more the law is analyzed, the more dangerous it appears to be!
The Effect of the Law on the
Foreclosure Process:
A lending institution attempting to assert
its rights against a defaulting borrower is
required to send a separate notice which
must state in the heading, in 24 point type,
that the present action is a foreclosure
action! In addition, the text of the newly
mandated notice, which is to be attached to
the action, on a paper the color of which
must be different than the color of the summons and complaint, must be in 14 point
type! The notice itself must follow verbatim
the language set out in the statute as follows:
Help for Homeowners in
Foreclosure
New York State Law requires that we
send you this notice about the foreclosure
process. Please read carefully.
Mortgage foreclosure is a complex
process. Some people may approach you
about “saving” your home. You should be
extremely careful about any such promises.
The State encourages you to become
informed about your options in foreclosure.
There are government agencies, legal aid
entities and other non-profit organizations
that you may contact for information about
foreclosure while you are working with
your lender about this process.
To locate an entity near you, you may call
the toll-free help line maintained by the
New York State Banking Department at
877-226-5697 or visit the Department website at www.banking.state.ny.us.
The State does not guarantee the advice of
these agencies. RPAPL Section 1301(2).
Failure of a bank to deliver the required
notice with the summons and complaint
may result in the debtor’s being able to
challenge the action, further prolonging the
foreclosure process and subjecting the bank
to penalties and a host of problems yet to be
determined as courts begin applying the
law.
The Effect of the Law on a Sale:
A homeowner in default, which under the
statute means being two months delinquent,
or in foreclosure, must be given 5 business
days to rescind the contract of sale once
entered into with an “Equity Purchaser.” This
period cannot be waived and the contract is
void if the “Equity Purchaser” attempts to
limit his liability. The contract must be in 12
point type, in English or Spanish if that is the
Sellers primary language. (The statute apparently presumes only English- or Spanishspeaking parties shall be delinquent!) In addition, the statute dictates the information to be
put in the contract, including price, terms and
possession by purchaser. A sale and leaseback
will be suspect, and, under the statute as written, could be construed as a mortgage, which
would be subject to a mortgage tax!
There are exceptions to the statute and they
are spelled out in its text, however, one of the
exceptions is misleading. The statute states a
Bona Fide Purchaser for Value (BFP) will
take good title from an “Equity Purchaser.”
However, once a foreclosure action shows up
on the title, a party cannot be a BFP since he
will have notice that there was a problem! A
BFP must take with no notice of a defect!
Finally, what if a homeowner is not in
foreclosure, but at the closing it is discovered
he is 2 months behind in his mortgage payments? The closing will have to be
adjourned and a new contract with the proper terms and conditions, in English and
Spanish if required,
in 12 point type, will
have to be executed.
The title company
will not insure otherwise! Of course, if
the purchaser’s mortgage commitment
expires, the deal
might die anyway!
This is a very terri- Cathy Quinn Nolan,
Esq.
ble bit of legislation!
Q & A
Are Landlords in Nassau
County Required to
Accept Section 8
Applicants under the new
human rights law?
The answer to the above question is that
Nassau County does not require landlords
to participate in the Section 8 program
unless the landlord voluntarily elects to
do so. Real estate brokers and agents are
free to accept and follow the landlord’s
instructions that Section 8 application will
not be considered.
REALTORS Storm Capitol Hill in
Washington, D.C.
By Randy L. Kaplan
Director of Government Affairs
LIBOR members recently visited with
their Members of Congress on Capitol Hill
in Washington, D.C. as part of the NAR
Mid Year Legislative Meetings. During the
Hill visits, as they are commonly referred
to, LIBOR’s Federal Political Coordinators
and their peers informed our Congressional
delegation on the REALTOR® positions on
the many critical issues that affect the real
estate industry. Creating affordable housing
opportunities through FHA reform, enacting health care insurance legislation and
protecting consumers by barring the mixing
of banking and commerce were among the
many issues discussed on the Hill. Our
Members of Congress and their staffs
updated LIBOR members on these and
many more topics including some insight
into national security issues. It is always
fascinating to see first hand how our federal legislative system works.
23
●
ETHICS & RULES
The Ethics case published in this issue have been chosen by the 2007 Chairperson of the Professional Standards Committee, Frank Dell'Accio.
ATTENTION REALTORS
Is your seller telling you ALL you should be told about the subject property?
Do you know if the person you are dealing with is
ACTUALLY the owner of the property?
Has your seller told you that they may be in DEFAULT on their loan?
Does your seller have a JUDGMENT or a BANKRUPTCY
against their name and home?
Do you know if your seller is giving you ALL the facts pertaining
to C/O’s on the property?
AS A REALTOR YOU ARE RESPONSIBLE
TO KNOW THESE FACTS!!
NY LIBERTY ABSTRACT SERVICES CORP. will provide you with
a LAST OWNER AND OPEN LIEN SEARCH. This search will provide
you with the following information:
Copy of the Last Deed of Record • Open Mortgages against the property
Any LP and Foreclosure Filings • Judgments and Liens against your client
Bankruptcy and Patriot Act Searches
Tax Search information and C/O Searches (available for an additional cost)
YOU ARE FAR BETTER OFF PAYING FOR THESE SERVICES FROM US
THAN TO HAVE A POTENTIAL LAWSUIT ON YOUR HANDS BECAUSE
YOU DID NOT KNOW WHAT YOU SHOULD HAVE!!
Call Our Office for More Details!
It is required that ALL Realtors have this information on file.
Do not rely on what your seller’s tell you ONLY. ORDER A LIEN SEARCH
TODAY and ensure yourself complete knowledge of your listing!
CALL (516) 203-7310
(Continued from page 22)
find any additional costs. Most attorneys are
not even aware of some of these costs and the
ones that do may view them as business terms
that their client has agreed upon. When negotiating the terms to a lease, the tenant and their
broker should not take anything for granted. If
they do not know something, they should ask.
Often it is a good idea to interview other tenants
in that building. As it is said, the best indicator
of future performance is past performance.
However achieved, a little due diligence will go
a long way.
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ATTENTION
PROFESSIONAL AGENTS
DEAL DIED? COMMISSION LOST?
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Permits, C.of C.’s, Z.B.A. applications and C.O. problem resolutions,
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These searches take up to 24 hours once you receive confirmation of your order. Payment must be received and cleared prior to
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If you are a professional, and would like to enhance your reputation in a buyer’s
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personal confidential consultation.
THE REALTOR®
REALTOR® A filed a listing with the
Board MLS which bulletined the information to all Participants. In the
“Remarks” portion of the property data
form it was noted that the seller was moving out of state. Shortly thereafter,
REALTOR® A received a call from
REALTOR® B, requesting permission to
show the property to a prospective purchaser. REALTOR® B’s request was
granted and the property was shown to
the prospect. During the showing,
REALTOR® B started a conversation
with Seller X regarding his proposed
move to another state. REALTOR® B
told the seller that he was acquainted with
a number of real estate brokers in the city
to which Seller X was relocating and suggested that he be allowed to refer Seller X
to one of these brokers. Seller X responded that REALTOR® A, the listing broker,
had previously mentioned the possibility
of a referral and that Seller X felt obligated to be referred by REALTOR A, if by
anyone.
Several days later, Seller X received a
phone call from REALTOR® B who
again asked permission to refer the seller
to a broker in the city to which the seller
was moving. The seller indicated that he
was not interested in REALTOR® B’s
offer and that if he wished to be referred
to another broker, he would do so through
REALTOR® A. The seller then called
REALTOR® A and asked if there was
anything REALTOR® A could do to stop
REALTOR® B from requesting that he
be allowed to refer the seller to another
broker. Upon learning of REALTOR®
B’s attempts to create a referral prospect,
REALTOR® A filed a complaint with the
Grievance Committee of the Board alleging a violation of Article 16 of Code of
Ethics and cited Standards of Practice 1618 in support of the allegations.
In accordance with the Board’s established procedures, the Grievance
Committee reviewed the complaint and
referred it to a panel of the Professional
Standards Committee for hearing. The
appropriate notices were sent to all parties
and a hearing was scheduled.
At the hearing, REALTOR® A produced a written statement from Seller X
in support of his testimony and concluded
that REALTOR® B had violated Article
COUNSELOR’S
COMMENTS
●
Case #16-8: Unauthorized Use
of Information Received from
Listing Broker for the Purpose
of Creating a Referral Prospect
to a Third Broker of for
Creating a Buyer Prospect
16 of the Code of Ethics in attempting to
use confidential information received
through the Board’s MLS to attempt to
create a referral prospect to a third broker.
REALTOR® B responded that, as a subagent of the listing broker, he was attempting to promote the seller’s best interest by
referring the seller to a reputable broker
whom he knew personally in the city to
which the seller was going to relocate.
REALTOR® B indicated that the seller
had not accepted his offer of referral and,
based on such refusal, REALTOR® B had
not, in fact made any referral and, therefore, had not acted in a manner inconsistent with his obligations as expressed in
Standard of Practice 16-18.
After giving careful consideration to all
evidence, the Hearing Panel determined
REALTOR® B to be in violation of
Article 16 by his attempt to utilize confidential MLS information to create a referral prospect to a third broker, contrary to
the intent of Standard of Practice 16-18,
even though his effort to obtain the seller’s
permission to do so had been unsuccessful. The Hearing Panel also commented
that MLS information is confidential and
to be utilized only in connection with the
REALTOR®’S role as cooperating broker. The panel further commented that
information received form a listing broker
through the MLS should not be used to
create a referral prospect to a third broker
or create a buyer prospect unless such use
is authorized by the listing broker.
June 2007
ETHICS...THIS MONTH’S TOPICS
24
●
June 2007
●
THE REALTOR®
COMPUTER EDUCATION
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)
Jackson Heights . . June 18, 20 and 21
Woodbury . . . . . . June 19, 22 and 26
West Babylon . . . . June 22, 26 and 29
West Babylon . . . . July 11, 13 and 18
Riverhead . . . . . . July 11, 18 and 24 (WEDNESDAY Classes)
Woodbury . . . . . . July 12, 18 and 19
West Babylon . . . . July 14, 15 and 21 (WEEKEND Classes)
Jackson Heights . . July 25, 27 and 30
West Babylon . . . . July 27, 30 and 31
Woodbury . . . . . . July 27, 30 and 31
West Babylon . . . . Aug 7, 8 and 14
Jackson Heights . . Aug 13, 14 and 18
Riverhead . . . . . . Aug 13, 15 and 17
Woodbury . . . . . . Aug 14, 16 and 21
West Babylon . . . . Aug 16, 23 and 30 (THURSDAY Classes)
Jackson Heights . . Aug 23, 24 and 30
West Babylon . . . . Aug 27, 28 and 29
REGISTER ON LINE AT MLSLI.COM OR CALL TO
REGISTER 631-661-4800 EXT. 21 OR 718-429-8666 OR
631-369-6148 OR 516-284-5413
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.
PRIVATE TUTORING
PRIVATE INDIVIDUAL HANDS ON TUTORING
Receive one-on-one training with an experienced LIBOR trainer in our W. Babylon, Riverhead or Jackson Heights training
centers. Cost can be shared by two students under one registration. Topics Available: Computer basics, MLS Stratus,
Windows, E-Mail, Internet, Word, Excel, PowerPoint, Outlook.
$169 FOR A 2 HOUR SESSION • NO EXPERIENCE
NECESSARY
STRATUS CERTIFICATION OR 4 STRATUS
CLASS* Graduates Need A Refresher???
Take a private tutoring session for 2 hours! Discounted cost
of $99 (Cost can be shared by two students under one registration). The instructor will review any questions/problems
YOU have. The instructor will show YOU exactly what YOU
want to know.
PREREQUISITES: Must have taken Stratus Certification
or the 4 Stratus classes* within the last year of taking this
tutoring session to receive the discounted price of $99.00.
PLEASE CALL DENISE RIVERA AT 631-661-4800 XT. 385
FOR MORE DETAILS.
*4 STRATUS CLASSES CONSIST OF SEARCHING
LEVEL 1 & 2, STRATUS CMA AND PUBLIC RECORDS
TO REGISTER FOR GENERAL AND
COMPUTER EDUCATION PROGRAMS:
• REGISTER BY TELEPHONE OR FAX:
REALTOR Service Centers
West Babylon . . . . (631) 661-4800 • Fax (631) 661-2103
Jackson Heights. . (718) 429-8666 • Fax (718) 429-6959
Riverhead . . . . . . . (631) 369-6148 • Fax (631) 369-6172
Woodbury . . . . . . . (516) 284-5413 • Fax (516) 284-5415
• MAIL YOUR REGISTRATION:*
Realtor Building, 300 Sunrise Highway,
West Babylon, NY 11704, Attn: Education Department
*This registration option is not available for Computer Classes.
• TO REGISTER ON-LINE OR FOR DIRECTIONS,
VISIT OUR WEBSITE AT MLSLI.COM
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.
PROFESSIONAL DEVELOPMENT
FREE STRATUS DEMO
MLS STRATUS DEMO — FREE
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 WITHOUT CE: FREE
LIBOR MEMBERS WITH CE: $25
West Babylon . . . . July 23, Aug 17 . . 9:30 a.m. – 12:30 p.m.
Jackson Heights . . July 10, Aug 9 . . . 10:00 a.m. – 1:00 p.m.
Riverhead . . . . . . July 12, Aug 6 . . . 10:00 a.m. – 1:00 p.m.
Woodbury . . . . . . July 13, Aug 10 . . 10:00 a.m. – 1:00 p.m.
3.75 HOUR STRATUS HANDS ON
RECEIVE 3.75 HOURS OF CE CREDIT
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.
West Babylon . . . . July 9. . . . . . . . . 9:00 a.m. – 12:45 p.m.
Riverhead . . . . . . July 11 . . . . . . . . 9:00 a.m. – 12:45 p.m.
Woodbury . . . . . . Aug 7 . . . . . . . . . 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! 3.75 Hours CE (1 meeting)
PREREQUISITES: Get Into Stratus and/or knowledge
of all functions covered in Get Into Stratus.
West Babylon . . . . July 12 . . . . . . . . 9:00 a.m. – 12:45 p.m.
Jackson Heights . . July 12 . . . . . . . . 9:00 a.m. – 12:45 p.m.
Woodbury . . . . . . Aug 9 . . . . . . . . . 9:00 a.m. – 12:45 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! 3.75 Hours CE (1 meeting)
PREREQUISITES: Maximize Your Stratus Searches and/or
extensive Stratus searching experience.
West Babylon . . . . July 17 . . . . . . . . . 9:00 a.m. – 12:45 p.m.
Jackson Heights . . July 18 . . . . . . . . 9:00 a.m. – 12:45 p.m.
Woodbury . . . . . . Aug 15 . . . . . . . . 9:00 a.m. – 12:45 p.m.
LEADS & LABELS WITH STRATUS 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! 3.75 Hours CE (1 meeting)
PREREQUISITES: Maximize your Stratus Searches and/or
extensive Stratus searching experience.
West Babylon . . . . July 20 . . . . . . . . . 9:00 a.m. – 12:45 p.m.
Jackson Heights . . July 23 . . . . . . . . 9:00 a.m. – 12:45 p.m.
Woodbury . . . . . . Aug 20 . . . . . . . . 9:00 a.m. – 12:45 p.m.
$59 EACH CLASS — LIBOR MEMBERS
OR ASK ABOUT OUR 2, 3, OR 4 CLASS
PACKAGE AND SAVE
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 “noshow” forfeits entire tuition. LIBOR reserves the right to
cancel if minimum enrollment is not met.
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 WindowsXP. 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)
PREREQUISITES: NONE. NO CE AVAILABLE.
TUITION: $29 LIBOR Members/$39 Non Members
West Babylon . . . . Aug 3 . . . . . . . . . 9:30 a.m. – 1:30 p.m.
Jackson Heights . . Aug 7 . . . . . . . . . 10:00 a.m. – 2:00 p.m.
Riverhead . . . . . . July 19 . . . . . . . . 10:00 a.m. – 2:00 p.m.
Woodbury . . . . . . July 16 . . . . . . . . 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)
PREREQUISITES: 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 . . . . July 16 . . . . . . . . 9:30 a.m. – 1:30 p.m.
Jackson Heights . . July 19 . . . . . . . . 10:00 a.m. – 2:00 p.m.
Riverhead . . . . . . June 26, Aug 16 . . 10:00 a.m. – 2:00 p.m.
Woodbury . . . . . . June 21, Aug 24 . . 10:00 a.m. – 2:00 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)
PREREQUISITES: Computer Essentials Using Windows XP
and the Internet or equivalent experience. NO CE AVAILABLE.
TUITION: $29 LIBOR Members/$39 Non Members
West Babylon . . . . June 14 . . . . . . . 9:30 a.m. – 1:30 p.m.
E-MARKETING & CONTACT MANAGEMENT
USING MICROSOFT OUTLOOK
This course is designed for the Realtor who knows the importance of creating and maintaining strong contacts. Through
correspondence and organization, agents can build their business and develop critical relationships with customers and
business associates. Outlook is a desktop information management program. In this class you will learn how to set up
Outlook Today, change Views, manage E-Mail inbox, create
folders, set up auto-responders and multiple signatures, create
and manage Contacts, set up Categories and Filters, create
Mailing Labels, Calendar, recurring appointments and printing
various calendar views. Note: This course will not cover the
Outlook Express program that is distributed free on many new
PCs. Users should verify ownership of Microsoft Outlook
prior to Registering. 4 Hours – NO CE AVAILABLE
TUITION: $29 LIBOR Members/$39 Non Members
West Babylon . . . . July 10 . . . . . . . . 9:30 a.m. – 1:30 p.m.
CE IS NOT AVAILABLE FOR THE
4 CLASSES ABOVE.
6/6 — Mortgage Knowledge To Save Your Deal
6/21 — Building A Better CMA; Applying the Principles of
Residential Appraising (Not a CMA computer
course)
6/26 — Our Business Is Changing: Are You Up To
Date?❋
7/11 — DisclosureˆInsulation from Litigation: Safeguards
& Precautions❋
7/25 — Consumer-Based Marketing
7/30 — Understanding Like-Kind Exchanges Under
Section 1031 of the Internal Revenue Code to
Benefit Both Clients & Customers❋
8/7 — What Every Realtor Should Know; A Risk
Reduction Seminar❋
8/13 — Analyzing, Selecting & Managing the Real Estate
Investment
8/16 — Our Business Is Changing; Are You Up To
Date?❋
RSC, RIVERHEAD, 9:00AM-5:30PM
6/4 — Commercial Real Estate: All About Leases
6/13 — DisclosureˆInsulation from Litigation: Safeguards
& Precautions❋
6/28 — Mortgage Knowledge To Save Your Deal
7/10 — Home Inspection Survival Guide for Realtors:
Understanding the Process for a Smoother
Transaction
7/23 — Environmental Construction Concerns in
Residential Real Estate
7/26 — Commission Entitlement, Protection and License
Law❋
8/2 — Assisting Sellers in Transacting Short Sales in
lieu of the Sellers Losing Their Properties in
Foreclosure❋
8/13 — Our Business Is Changing; Are You Up To
Date?❋
8/29 — Buyer Brokerage & Ethics: The Right Choices❋
RSC, WOODBURY, 9:00AM-5:30PM
6/25 — Introduction to Commercial & Investment Real
Estate: Concepts & Terms
6/27 — Buyer Brokerage & Ethics: the Right Choices❋
7/9 — Making the Right Decisions Even When
Nobody’s Looking❋
7/18 — Building A Better CMA; Applying the Principles of
Residential Appraising (Not a CMA computer
course)
7/31 — Our Business Is Changing: Are You Up To
Date?❋
8/2 — Good Morning Class; A Wake-Up Call On Dealing
with Today’s Buyers, Sellers & Unprecedented
Market Conditions
8/15 — The Not-So-Basic Basics of Mortgage Financing
8/21 — Introduction to Commercial & Investment Real
Estate: Tools of the Trade
BEST WESTERN MILL RIVER MANOR,
ROCKVILLE CENTRE, 8:30AM-5:00PM
6/19 — Disclosure — Insulation from Litigation —
Safeguards & Precautions❋
7/12 — Buyer Brokerage & Ethics: the Right Choices❋
7/19 — Environmental Construction Concerns in
Residential Real Estate
7/24 — Maximizing Opportunities in the Co-Op Condo
Market
8/1 — Negotiation: Client Advocacy
8/16 — Working With Seniors; The Oldies but Goodies
8/28 — Building A Better CMA; Applying the Principles of
Residential Appraising (Not a CMA computer
course)
❋ APPROVED FOR AND SATISFIES NAR MANDATED ETHICS
COURSE REQUIREMENT FOR REALTORS NEEDED BY 12/31/08.
Approved for 7.5 hours NYS CE credit. This course
assists new agents in launching their career in the real estate
profession. You will learn how to start listing & selling effectively, work with customers & clients, prospect, market &
overcome objections, negotiate effectively to close the sale,
work within the guidelines of the law & REALTOR® Code of
Ethics & MLS Rules, control your success!
June 23 & 24. . . . . West Babylon . . . . . . . . 10:00AM – 5:00PM
(Weekend)
July 18, 19, 20 . . . West Babylon . . . . . . . 9:00AM – 1:00PM
July 30, 31, Aug 1 . Riverhead . . . . . . . . . 9:00AM – 1:00PM
August 6, 7, 8. . . . Woodbury . . . . . . . . . 9:00AM – 1:00PM
August 28, 29, 30. . Jackson Heights . . . . . 9:00AM – 1:00PM
TUITION:
w/o CE
with CE
LIBOR Licensing Students/Members . . .$25 . . . . . .$65
Non-members . . . . . . . . . . . . . . . . . . . .$150 . . . . .$215
“LIST TO LAST” — FAST TRACK TO
SUCCESS IN REAL ESTATE
Approved for 15 hours NYS CE credit. The BEST 2-day
real estate listing & selling course designed for immediate
success! For salespeople at any point in their career...with
National Trainer, Jim Pugliese, ABR, CRB, GRI, CBR, ITI, CSP
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.
June 19 . . . Jackson Heights Oct. 11 . . . . Jackson Heights
July 17 . . . . West Babylon
Nov. 15. . . . West Babylon
August 15 . . Riverhead
Dec. 14 . . . Riverhead
Sept. 12 . . . Woodbury
TIME: 10:00AM – 1:00PM
INSTRUCTOR: Sal D’Agate, REALTOR
TUITION: $35 LIBOR Members, $55 Non-members
LICENSING
45-HOUR SALESPERSON
QUALIFYING COURSES
Riverhead . . . . . . 9AM – 5:30PM. . . June 18-22, 25*
West Babylon . . . . 9AM – 5:30PM. . . July 9-13, 16*
Woodbury . . . . . . 9AM – 5:30PM. . . July 23-27, 30*
West Babylon . . . . 9AM – 5:30PM. . . August 6-10, 13*
Jackson Heights . . 9AM – 5:30PM. . . August 20-24, 27*
*Exam date till 6:30PM
TUITION: $145 LIBOR Members, $175 Non-members
TIME: 9:00AM – 5:30PM
TUITION:
SALESPERSON: $175 – register 5 business days before
course; $195 – thereafter.
BROKER: $175 – LIBOR Members; $195 – Non-members.
MAKING MORE MONEY WITH MORTGAGES
45-HOUR BROKER QUALIFYING COURSES
DATES TO FOLLOW
Approved for 22 1/2 hours NYS CE credit. 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.
June 20, 21, 22. . . Woodbury . . . . . . . . . 9:00AM – 5:30PM
TUITION: $245 LIBOR Members, $295 Non-members
INSTRUCTOR: Dominick Sutera
AGENCY...COMPLIANCE OF THE NEW
2007 AGENCY DISCLOSURE FORM & YOU
Approved for 3 hours NYS CE credit. This program will provide you with instruction on how to properly fill out the form
with buyers & sellers; an overview of agency and the various
types of representation; sellerXs agent, buyerXs agent, brokerXs
agent, dual agent, who are you? explanation of the revised
MLS Listing AgreementXs offering of cooperation & the new
Buyer Brokerage Agreement. Q&A segment at conclusion.
OFFERINGS TO BE ANNOUNCED
Jackson Heights . . 9AM – 5:00PM. . . July 16-20, 23, 24*
Riverhead . . . . . . 9AM – 5:00PM. . . August 20-24, 27, 28*
*Exam date till 7:00PM
DESIGNATION & PROF DEVELOPMENT
NEW YORK STATE REALTOR
INSTITUTE
2007 GRI, SRES & ABR DESIGNATION
COURSE OFFERINGS (All NYSAR Classes)
Each module approved for NYS CE credit.
LOCATION: Realtor Service Center
West Babylon • 8:30am – 5:30pm
To register for GRI courses, call NYSAR @ 518-463-0300.
WEST BABYLON
JACKSON HEIGHTS
GRI 409 . . . . . . June 18-19 GRI 405 . . . . . . June 20
GRI 408 . . . . . . October 15 GRI 409 . . . . . . Sept. 5-6
GRI 405 . . . . . . October 22 GRI 406 . . . . . . October 9
GRI 406 . . . . . . October 23
TUITION: $35 LIBOR Members, $70 Non-members
INSTRUCTOR: Don Scanlon, CRB, CBR
SRES. . . . . . . . Nov. 5-6
THE RULES OF THE REAL ESTATE GAME
— MLS PROCEDURES & RULES:
SITUATIONS AND SOLUTIONS
CBR — CERTIFIED BUYER
REPRESENTATIVE DESIGNATION COURSE
Approved for 3 hours NYS CE credit. 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!
July 17 . . . Woodbury . . . . . . . . Instructor: Don Scanlon
August 16. . Riverhead . . . . . . . . Instructor: Mary Adams
TIME: 10:00AM — 1:00PM
TUITION: $20 LIBOR Members, $45 Non-members
FLORIDA REAL ESTATE BROKER
LICENSING COURSE
Approved for 22.5 hours NYS CE credit. Through Daniel
Taddeo Real Estate School. 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.
OFFERINGS TO BE ANNOUNCED
TUITION: $395 LIBOR Members, $495 Non-members
INSTRUCTOR: Daniel J. Taddeo, PA
TIME: 8:45AM – 6:30PM
ABR . . . . . . . . Sept. 18-19
Approved for 22.5 hours NYS Continuing Education Credit.
July 10, 11, 12 . . . . Holiday Inn, Plainview. . Before/After 6/12
Instructor: James V. Pugliese
Aug. 7, 8, 9 . . . . . Best Western East End
Hotel, Riverhead . . . . . Before/After 7/10
Instructor: James V. Pugliese
Aug. 28, 29, 30 . . RSC, West Babylon . . . Before/After 7/31
Instructor: James V. Pugliese
Oct. 16, 17, 18 . . . RSC, Woodbury. . . . . . Before/After 9/18
Instructor: Roseann Farrow
Nov. 13, 14, 15 . . . RSC, West Babylon . . . Before/After 10/16
Instructor: James V. Pugliese
Nov. 27, 28, 29. . . Dante Caterers
Jackson Heights . . . . . Before/After 10/30
Instructor: James V. Pugliese
Dec. 11, 12, 13 . . . Holiday Inn, Plainview. . Before/After 11/13
Instructor: James V. Pugliese
INSTRUCTORS:
Roseann Farrow, CRB, CRS, E-PRO, GRI, ITI
James V. Pugliese, ABR, CRB, GRI, CBR, CSP, ITI
TIME: 8:30am – 5:30pm
TUITION:
Before: $345 LIBOR Members
$375 Non-Members
After:
$375 LIBOR Members
$405 Non Members
THE REALTOR®
RSC, JACKSON HEIGHTS, 9:00AM-5:30PM
NEW AGENT “UP & RUNNING” ROOKIE
CERTIFICATE PROGRAM
NOTARY PUBLIC
●
6/15 — What You Don’t Know Can & Will Be Used
Against You In A Court of Law
6/22 — Buyer Brokerage & Ethics: The Right Choices❋
6/25 — Working With Seniors... the Oldies but Goodies
6/27 — Technology & Risk Management
6/28 — Millennium Marketing Madness
7/17 — Mortgage Knowledge To Save Your Deal
7/26 — Personal Assistant: Delegate for Dollars
7/31 — Be All That You Can Be❋
8/14 — Representation for New Home Construction
8/24 — Close Encounters of the Legal Kind; What Every
Agent Must Know❋
8/27 — Commercial Real Estate: All About Leases
CONTINUING EDUCATION
June 2007
RSC, WEST BABYLON, 9:00AM-5:30PM
PROFESSIONAL DEVELOPMENT
●
CONTINUING EDUCATION
25
REAL ESTATE EDUCATION
26
●
June 2007
●
THE REALTOR®
SERVICES DIRECTORY
BUSINESS CAREER OPPORTUNITIES
All Nations Realty...................................................718.663.2187
Century 21 Annettes ..............................................516.564.4480
Century 21 Mac Levitt............................................516.764.6200
Century 21 Metro NY Brokers Council ..................800.537.8108
Century 21 Metro-Pro ............................................516.984.5797
Century 21 Prevete Real Estate...................516.520.3838 x 161
Charles Rutenberg Realty .....................................516.575.7500
Coldwell Banker Manor Gate ................................516.763.8950
Daniel Gale Sotheby’s International Realty ..........888.931.9500
ERA Top Service Realty.........................................718.441.5800
EXIT Realty of NYC & LI ........................................347.624.2251
Keystone Realty ....................................................800.390.8083
Pan American Realty Network ..............................718.848.6785
Prudential Douglas Elliman Real Estate................631.549.7401
RE/MAX of New York, Inc. ....................................800.736.2969
RE/MAX People .....................................................718.683.3700
RE/MAX Unlimited .................................................516.822.7362
Suffolk Realty Group..............................................631.244.7000
ENGINEERS
AC&E Home Inspection & Engineering .................631.205.1340
Federated Consultant Service ..............................800.422.4473
HouseMaster Home Inspection .............................800.805.1122
HOME & EQUIPMENT INSPECTIONS/SERVICES
AC&E Home Inspection & Engineering .................631.205.1340
Federated Consultant Service ..............................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
Clover Mill Associates............................................516.568.1800
LIBOR Membership Directory ...............................631.661.9126
MLS/LIBOR — Web Site...............................631.661.4800 x 348
mlsli.com, mlsstratus.com
The Realtor Advertising .......................................516.676.6089
Total Tours 360.......................................................516.505.0140
MEMBER BENEFITS
New York State Association of REALTORS..518.463.0300 x 229
MORTGAGES
1st Capital Home Mortgage...................................877.824.7825
PROMOTION SERVICES
DSI Design Group..................................................516.676.6089
PROPERTY SALES
Greenthal ................................................................718.423.3130
TECHNOLOGY
MLS Products & Services...............................631.661.4800 x 11
MLS Tech Support Services.................................631.661.TECH
United 1st Financial ................................................877.711.7301
TITLE SERVICES
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CONTACT...
DSI
DESIGN GROUP
CHRISTOPHER MEADOWS
Tel: (516) 676-6089 • Fax: (516) 676-4769
email: [email protected]
NY Liberty Abstract Services.................................516.203.7310
VIRTUAL BUSINESS SERVICES
Intelligent Office......................................................631.881.0800
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27
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June 2007
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THE REALTOR®
R EALPARTNER HOTLINE
(877) 824-7825
OR VISIT
REGISTRATION
WWW.1 ST CAPITAL. TV
IS
FREE!
THE R EALPARTNER P ROGRAM
INTRODUCING THE REALPARTNER PROGRAM...MAKING
REALTOR® JUST GOT A WHOLE LOT EASIER
MONEY AS A
The RealPartner Program is an opportunity to substantially increase
your income while offering your clients complete and efficient services
at a reduced overall cost. By becoming a RealPartner and originating
the mortgage loan YOURSELF you will feel comfortable that your real
estate transactions will consummate in the most efficient manner
because you will have total control of the mortgage process. You will
make more sales and retain more clients because each customer will
be prequalified by you and 1st Capital before you show them a house.
Once you preapprove the customer and demonstrate that you have the
best mortgage rate, terms and service in the industry through 1st
Capital there will be no reason for them to take a mortgage loan from
anyone else. Your client retention and contact will skyrocket.
In addition, if that client does close without your services as a
Realtor®, you will still be entitled to your sales commission at 1st
Capital for originating the mortgage loan. Either way you win. By
RealPartnering with 1st Capital in this changing market you are taking
the necessary steps to ensure your future. You will become a complete
Real Estate Professional and your clients will grow to rely on you as
such.
THE
1st Capital Home Mortgage is one of the largest privately owned mortgage
companies in New York State, having closed over $1 billion dollars in
mortgage loans in 2006. As a wholesale conduit to lenders like Chase,
Citibank, Countrywide, IndyMac and WellsFargo, 1st Capital can offer loans
that match or beat these institutions' own retail rates. 1st Capital can
provide a loan to the consumer that will close at the best rate and terms
available in the market, hands down. It really is that simple.
The terrific growth of 1st Capital since the company's inception in 2001 has
been due to our commitment to excellence in service. Our service
excellence was achieved both by hiring a team of intelligent, friendly,
seasoned, industry personnel and by developing proprietary, web-based
technologies customized to create efficiencies in daily operations. These
custom features were created through the synchronization of professional
experience in industry with a creative and tireless technological
development staff. This synergy has combined to establish our hegemony
among mortgage companies.
Outstanding personnel and custom technologies has created a mortgage
company with unsurpassed service. This excellence in service, has lead to
our company's exponential growth. We are going to continue that trend.
We welcome you to our family.
REALPARTNER
TOTAL SUPPORT GUARANTEE
1st Capital hereby guarantees you complete and total support through the entire mortgage loan process, from
contract to closing. Our team of Account Executives is comprised of an expert staff of seasoned personnel in the areas
of placement, compliance, processing, closing and funding of mortgage loans. You can be comfortable originating loans today
knowing that your Account Executive Team will be available to answer all of your questions at anytime.
We’ve Spent
Billions
To Make a
Brand New You
Brand matters.
That’s one very important
reason why RE/MAX® agents are so much
more successful than others in the industry.
This year alone, RE/MAX agents will spend
more than $1.5 billion to promote themselves and
their listings. And along the way, every one of those dollars will promote the
RE/MAX brand and every agent associated with it.
Wouldn’t you like to have billions of dollars working for you your first day
on the job?
Brand matters.
Just imagine your first listing presentation as a RE/MAX agent.
Before you even begin, your potential clients already associate you
with four things: quality, integrity, experience and success.
Yes, brand matters.
And no brand in real estate speaks louder than RE/MAX.
Where Do You Want to Be?
Share the power of RE/MAX. Call or visit us online today.
of New York, Inc.
(800) 543-9216
remax.com® remax-ny.com®
Equal opportunity employers. Each RE/MAX® office is independently owned and operated. © 2007 by RE/MAX International, Inc. All rights reserved. 061405