New York Real Estate Broker`s Liens FAQ NAR Directors Approve
Transcription
New York Real Estate Broker`s Liens FAQ NAR Directors Approve
Caring • Committed • Community-Minded Official Publication of the Greater Capital Association of REALTORS® Volume 24, Number 5 September/October 2013 NAR Directors Approve Sweeping Changes To REALTOR.com unanimous” it did not come without significant oppostion from those who felt that opening realtor.com to listings of brokers who are not REALTORS® flies in the face of the brand REALTORS® have worked so hard to develop. But the changes reported here have been approved and implemented.) (Editor’s Note: The following is the official article/report of changes to realtor.com approved by NAR’s Board of Directors. Although the vote was “nearly In a nearly unanimous vote, the National Association of REALTORS® Board of Directors approved recommendations that it feels will help real- tor.com® compete head-to-head with third-party listing aggregators on building a comprehensive site, including more unlisted new homes and rentals. Although the realtor.com domain is owned by NAR, the site is operated by San Jose, Calif., based Move Inc. under an operating agreement between two subsidiary companies: NAR’s REALTORS® Information Network (RIN) and RealSelect, a subsidiary of Move. The site has been an undisputed leader in engaging consumers who are in the market for homes, but over the last several years, third-party sites such as Zillow and Trulia have drawn heavy attention from a wider range of consumers—from the merely curious to current homeowners looking to case their neighborhood for recently sold properties. continued on page 3 New York Real Estate Broker’s Liens FAQ When can a broker’s lien be filed? The Notice of Lien may be filed after the performance of brokerage services and execution of the lease. However, if the commission is to be paid in installments then the Notice of Lien may be filed within eight (8) months after final payment is due but no later than five (5) years after the date the first payment was made. Hacker Murphy, LLP John F. Harwick, Esp. By John F. Harwick, Esq. What is a broker’s lien? When a licensed real estate broker obtains a tenant for a lease of commercial property, the broker is entitled to a commission. In cases where a broker’s client is reluctant to pay a broker’s lien for the commission may be filed against the real property. Who can file a broker’s lien? A broker who obtained a tenant for a lease of a term of more than three years for non-residential purposes pursuant to a written contract of brokerage employment or compensation can file a lien. However, a tenant’s broker is not eligible to file a lien. Only the broker for the landlord or owner of the property is entitled to file a lien. What does the lien attach to? The lien attaches to the leased real property. When does the lien arise? The lien “attaches” to the property upon filing a Notice of Lien. The Notice of Lien must be served on the owner of the property within the statutory period. If the broker does not properly serve the owner of the property, and file proof of service within the statutory deadline, then the lien is terminated and ineffective. How do I file a lien? The Notice of Lien must be filed in the Clerk’s office of the county where the property is situated. If the property is in two counties then it must be filed in both Clerks’ offices. The commission agreement must be attached to the Notice of Lien. There are very strict service requirements for serving notice on the property owner and filing proof of service. A broker should consult an attorney to ensure the lien is pre- pared, filed, and served correctly. How long does a broker’s lien last? A broker’s lien can last for one (1) year after the Notice of Lien is filed unless the lien holder within that one year time acts to foreclose on the lien to seek payment. The lien can be extended another year by filing a notice of extension, which must include the name of the property owner, name of the lien holder, a brief description of the property, how much the lien is for, when the original lien was filed and the extension should be served on the property owner. The lien can only be automatically extended that one time. If another extension is sought it must be through a court order. Is a written brokerage agreement required? Yes. Generally a written agreement is not required for a brokerage contract. However, New York Lien Law requires a “written agreement of employment or compensation” to be able to file for a broker’s lien. Can the broker waive the right to a lien for his commission? No. Under New York Lien Law any agreement to waive a right to file or enforce any lien will be found void as against public policy and wholly unenforceable. In This Issue With The President...................... page 2 Welcome New Members............ page 6 DATED MATERIAL Member Update........................... page 8 Volunteers For 2014 Committees page 4 Can a broker file a lien regarding the sale of real property? No, a broker can only file a lien for commission when the broker has procured a tenant, with a lease for more than 3 years, for non-residential purposes. However, a broker can file an affidavit for entitlement of commission in a sale of real property but this does not arise to the level of a lien and has far different rules. What is the effect of bankruptcy on a broker’s ability to file a lien? A broker can file a lien against a client in bankruptcy as the “automatic stay” does not prevent any act to perfect or to maintain perfection of an interest in property. What happens if the client refuses to pay? The broker can foreclose on the lien and force the sale of the property at public auction. The cost of the sale, taxes, and superior liens will be paid first. The broker will be entitled to the surplus up to the amount of their lien. John F. Harwick, Esq. is with the law firm of Hacker Murphy, LLP with offices in Latham, New York – jharwick@hackermurphy.com Permit No. #164 Albany, NY Greater Capital Association of REALTORS® 451 New Karner Road Albany, New York 12205 PAID PRSRT STD U.S. Postage 2 Across the Association september/October 2013 With The President 2013 GCAR President Miguel Berger Probably about the same time you receive this copy of Across The Association we will be but a few days away from our REALTOR® Day 2013. I know the program the Committee has put together is a powerful set of educational programs, an exciting trade show, and an awards luncheon we will long remember. I hope to see you all there. You will be pleased to know that the Board of Directors has approved entry into two separate contracts to provide GCAR members (these are GCAR member benefits, not CRMLS programs) with blanket access to Digital Ink, an electronic signature provider; and to zipForm® Mobile Web Edition for Apple® iPad® & iPhone®, BlackBerry® , and Android™ devices. By virtue of your GCAR membership you will be able to use either or both tools. Best yet we do not expect your local association dues to be impacted by these new services. Spread the word to members of other associations and let them know that membership in GCAR beats all other local associations or boards of REALTORS®. We would welcome their membership. GCAR has made several proposals to the other owner of CRMLS, including one arrived at with the assistance of outside impartial parties, but all have been rejected. So CRMLS is maintaining, at the direction of the court, the status quo until such time as a ruling is received from the offices of the NYS Supreme Court judge hearing the issue. If anyone suggests that either party has “won” anything please understand that is wrong – absolutely wrong. An ongoing issue, one which started last September and has not yet been resolved, is the ownership of the Capital Region Multiple Listing Service. When this all began last year the GCAR Board of Directors felt it had a fiduciary responsibility to its membership to ensure that the multiple listing service product provided to our members would be now, and in the future, the best system available to us. However, as the CRMLS has evolved since its formation in 1988 we now find ourselves in the situation where an association of 158 members has equal control over CRMLS as does GCAR with its 2,700 members. “When will this be over?” is a great question but one we cannot answer. The wheels of justice do grind slowly. But your officers, your Board of Directors, and legal counsel hired specifically to protect your interests are on top of this every single day. The months ahead will be active ones at GCAR as we install the two new products mentioned above, as we help you prepare for the new Department of State advertising regulations, as we support both the fall business meetings of NYSAR and the November convention & expo of NAR, and as we facilitate the change in leadership as Jim Ader retires and Laura Burns becomes our CEO. Add to that an active and healthy real estate market and our hands will be full. Take advantage of the excellent market conditions we now enjoy. As always we never know for certain when conditions will change, but we do know for certain they will. Broker/Owner/Managers Council General Membership Meeting The Broker/Owner Manager’s Council will be sponsoring “DOS New Advertising Guidelines” presented by Anthony Gatto, Esq. NYSAR Counsel ~~ September 12, 2013 ~~ September 12, 2013 Thursday, October 31, 2013 2:30 p.m. –4:00 p.m. Hilton Garden Inn 30 Clifton Country Rd., Clifton Park, NY 12065 ~~ Please call to reserve your seat. ~~ 464-0191 ext. 10 Team naming and advertising Website and social media For sale signs Business cards Nicknames Code of Ethics and advertising Fabulous Line-Up of Speakers! Great Exhibitors! Prizes Galore! Desmond Inn & Conference Center, Albany NY Across the Association Officers The newspaper of the Greater Capital Association of REALTORS®, INC. 451 New Karner Road Albany, New York 12205 (518) 464-0191 • Fax: (518) 464-0196 “The Greater Capital Association of REALTORS® is a professional trade association which provides its members with programs and services which enhance the members‘ ability to successfully conduct their businesses in a competent and ethical manner, promotes cooperation among its members, and promotes the public‘s right to own, use and transfer real property.” The voice for Real Estate in New York‘s Capital Region. Caring • Committed • Community-minded President – Miguel Berger President Elect – Albert Picchi Secretary/Treasurer – Cathy Griffin Chief Executive Officer – James Ader Dir. Of Association Svcs. – Laura Burns World Wide Web page: www.gcar.com E-mail: support@gcar.com Production & Printing: Foley Publications, Inc. • (800) 628-6983 Graphic Designer: Jake Fletcher, Foley Publications, Inc. Advertising Information: Foley Publications, Inc. • (800) 628-6983 The Greater Capital Association of REALTORS® makes no warranties and assumes no responsibility for the accuracy on the information contained herein. The opinions expressed in articles are not necessarily the opinions of the Greater Capital Association of REALTORS®. The Greater Capital Association of REALTORS® does not necessarily endorse the companies products or services advertised in the newsletter unless specifically stated. Directors Nina Amadon Marie Bettini Joseph Farry Kelly Gardner Anthony Garufi Brooke Hackler-Medick Joel Koval Mark Phoenix Cynthia Quade Lorraine Schindler Susan Sommers Peter Staniels Elise Van Allen CRMLS Directors Jason Christiana Paula Gaies W. Gregory Gersch Rory O’Connor Liz Schultheiss Barbara Walton Across the Association september/October 2013 3 continued from page 1 As a result of the vote, the RIN board approved amending the operating agreement with RealSelect in three fundamental ways: 1. Amending the restriction that says Move may display only listings that have been sourced from REALTOR®-owned and controlled MLSs or from REALTORS®. Under the revised agreement, Move will be able to obtain listings from entities that are not REALTOR®owned and controlled and from brokers who are not REALTORS®. 2. Amending the restriction on unlisted properties. The revised agreement will allow the display of unlisted new homes and new home communities and will allow the display of unlisted properties that are for rent. Individual consumer FSBOs remain precluded from the site. 3. Amending the requirement for listing broker’s consent for the foreclosure status of a listing to be displayed. Under the revised agreement, unless the listing broker objects, Move/RealSelect will have the ability to identify: • Properties where notice of default has been recorded • Auctions of distressed properties • Short sales • Foreclosures • Bank-owned properties The 756-member NAR board represents the nation’s 1 million REALTORS® and more than 600 attended the historic meeting in Chicago, the first special meeting of the board since 1996, when the original operating agreement was executed between RIN and RealSelect. Since May, when the special meeting was announced, people have been speculating about what changes might be in the offing. Because Move is a publicly traded company, however, NAR maintained silence about the proposed changes until the meeting, providing board members with only general meeting information in advance and requiring that they check their smartphones at the door to avoid having the proposal broadcast and debated via social media before the vote. Security guards were posted outside the closed-door meeting to prevent journalists from entering. Competing in a World of Technology For directors who weren’t at the 1996 gathering, NAR CEO Dale Stinton opened the meeting with a “walk down memory lane,” a slide show juxtaposing the past 20 years of NAR’s history with what was happening in the world and in technology. At the outset of the commercial Internet era, he said, there was great uncertainty about whether REALTORS® would maintain their roles at the center of the real estate transaction. Indeed, in a REALTOR Magazine Q&A published in 1998, Move Chairman Joe F. Hanauer (a member of the RealSelect board then and now) argued that as Internet technologies evolved, it would be critical to have an entity that protected REALTORS® in the online space. Without it, third parties could easily change the rules, making it harder and more expensive to do business. “Every real estate broker and salesperson knows what it's like when a new newspaper, magazine, or TV home show is launched in their market. They'd rather not support it because, if they do, it will gain acceptance and need to become a permanent part of their promotional budget,” Hanauer said. “Yet they're offered special terms and a preferred position as part of the new venture, and if they don't take it, their competitors will, and they'll have to live with a secondary position for a long time.” By the same token, agents and brokers who’ve actively positioned themselves as content providers for today’s third-party aggregators have accrued advantages in the form of increased visibility, credibility, and leads. That’s great for them and for consumers. But it doesn’t negate the need for a partner that can meet consumers’ needs while protecting REALTORS®’ interests, according to Hanauer’s argument. “If a site can capture your listing data until it has strong consumer acceptance and then change its policy regarding protections, you've simply bought into tomorrow's problems.” At their meeting, directors had a chance to see the danger of such a scenario. Curt Beardsley, vice president of business development for realtor.com, showed practices that demonstrate Zillow’s attitude toward the industry. The site, he said, leaves the real estate practitioner out of its advertising; puts inaccurate Zestimates next to list prices; encourages consumers to sell without an agent; posts inaccurate, out-of-date information; and buries basic listings behind pages of “featured” (paid) listings. 'Innovate or Be Innovated On' Brian Boero of 1000 Watt Consulting then talked about the meaning of brand and the value of the REALTOR® brand, recently valued at $4.5 billion, according to NAR CEO Dale Stinton. In the world of technology, Boero said, “you can innovate or be innovated on, and 17 years ago, when you started realtor.com, you chose to innovate. And because you chose to innovate, you set the standard for how listing sites operate in the United States. In the U.S., brokers do not pay to display listings on aggregator sites; the rest of the world is “pay to list.” “And realtor.com is more than a technology partner,” Boero said. “It is a brand partner. It is an instrument of the REALTOR® brand, generating 450 million brand impressions every month through its website, mobile apps, and social media. Brand equals meaning, and real estate today equals REALTORS®. It’s in consumers’ minds. What’s happening here today is deepening that.” Before the proposal was put before the board, realtor.com® President Errol Samuelson took the stage to show how realtor.com® is incorporating the brand into its listings, mobile apps, and advertising, and he shared some of the innovation that’s underway. He said realtor.com is preferred by consumers in the home sales space two times more than Zillow and 28 times more than Trulia, but the site is facing an eroding share of Internet traffic, particularly in markets where there are many non-REALTOR® practitioners. “REALTORS® have invested a lot of time and millions of dollars in building information technology to give consumers online access to real estate information, and we know that consumer demand for all things ‘home’ has never been greater,” said NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif. “We want realtor.com to have the resources and flexibility it needs to give consumers what they want while ensuring that today’s buyers and sellers can continue to rely on REALTORS® for the most accurate, credible market data. We think the proposed changes achieve both goals.” Samuelson said changes will happen at “Internet speed.” Vision for the Future “Clearly, the decision will change the way we operate the site,” said Alison Schwartz, vice president of corporate communications for Move. “But we want to ensure we are evaluating each new opportunity against our core value proposition, especially accuracy. In the coming months, you may see some changes on our website and mobile apps centered on new homes and rentals.” In addition to accuracy, REALTORS® may be concerned about seeing their listings co-mingled with nonREALTOR® listings. “When the changes are implemented, the site will continue to clearly distinguish REALTOR®represented listings and will use language that more prominently emphasizes the difference between REALTORS® and non-REALTORS®,” said RIN President and CEO Bob Goldberg. After the vote, Samuelson expressed his gratitude. “I’ve been involved with realtor.com since 1999, and I have a great passion for what we do,” he said. When consumers search for their dream home today, they have more tools and information than ever before, said Samuelson, who also serves as chief strategy officer for Move Inc. “Today’s historic and collaborative recommendation by the NAR board empowers us to further expand and enrich the consumer experience on realtor.com and its mobile applications with greater breadth of content, and to do so with our continuing commitment to the highest level of quality and accuracy for both the real estate community and consumers.” 4 Across the Association september/October 2013 Volunteers Welcomed For 2014 Committees One of the first responsibilities every year of the Board of Directors of the Greater Capital Association of REALTORS®, Inc. (GCAR) is to appoint committees for the year. Albert Picchi, 2013 president-elect, will submit recommendations to that end to the Board in late 2013 for approval. Mr. Picchi has asked that each of you consider serving on a committee of GCAR. Following is a list of GCAR committees and their purposes. If you are interested in serving complete this form and return it to GCAR headquarters either by mail, email or fax. Thank you. Community Relations Committee Develops programs for GCAR participation in community, civic, and charitable programs. Makes recommendations as to distributions from the GCAR Community Outreach Fund. Education & Member Services Committee – REALTOR® Day Subcommittee Plans and coordinates all aspects of REALTOR® Day, GCAR’s education and trade show. Education & Member Services Committee – Broker/Owner/Manager Subcommittee Develops quarterly education programs which would be of particular interest to broker owners and office managers. Education & Member Services Committee – Program/Member Services Subcommittee Oversees all educational offerings of GCAR; and its member product & services programs. Plans and coordinates all skill training programs, educational seminars, continuing education courses and national designation courses. Researches and reviews all potential product and service proposals that offer special benefits and discounts to GCAR members. Emerging Issues & Long Range Planning Committee Investigate industry trends and suggest structural changes for GCAR with an eye on keeping GCAR the best choice for a licensee’s professional affiliation into the future. Fair Housing/Cultural Diversity Committee Investigate, accumulate and distribute information on programs and grants directed towards affordable housing initiatives. Consider programs to keep GCAR culturally diverse in its programming. Grievance Committee Reviews requests for arbitration and ethics complaints to determine if a hearing is appropriate. Limited appointments for three-year terms available. Appointees must have been REALTORS® for a minimum of five (5) years. Professional Standards Committee Provides members to sit on arbitration or ethics hearing panels. Limited three-year appointments available. . Appointees must have been REALTORS® for a minimum of five (5) years. RPAC Fundraising Committee Develop a program to increase the participation of GCAR’s membership in the REALTORS® Political Action Committee. Seek to meet assigned goals in both fundraising and membership participation. Technology Committee Plan programs, networking, and other events to help GCAR members remain current with new technology, and better use current technology, in their real estate business. Al: Please consider this my offer to serve on the following GCAR committee(s) in 2014 Community Relations: ____ Fair Housing/Cultural Diversity: ____ EDMS – REALTOR® Day: ____ Grievance: ____ EDMS – Broker/Owner/Manager: ____ Professional Standards: ____ EDMS – Program/Member Services: ____ RPAC Fundraising: ____ Emerging Issues & Long Range Planning ____ Technology: ____ RETURN TO: James A. Ader, CEO, GCAR 451 New Karner, Albany, NY 12205 (fax: 464-0196) (email: JAder@gcar.com) Please consider me for appointment to the committee(s) noted above for the year 2014: Name: ______________________________________________ Firm: _______________________________________________ Short Sales & Foreclosures: What RE Professionals Need to Know Short Sales & Foreclosures: What RE Professionals Need to Know to Greater Capitol REALTORS® for your support this season! Hope to see you at the trade show! SFR Certification October 15, 2013 Lawrence McGann Spire Inspections offers... • Full Service Inspection Company • Certified Radon Specialist • Flexible Scheduling • Licensed Pest Technician • Same Day Report PHONE: 518-937-2952 WWW.SPIREINSPECTIONS.COM 7 Hours CE In today’s market, this information offered in this course can be invaluable. Topics covered include how to qualify sellers for short sales, how to develop short sale packages, negotiating with lenders, safeguarding your hard earned commissions and more. Don’t miss it! Registration Fee: $125 Members/$150 Non Members 8:30 a.m. – 5:30 p.m. Location: GCAR Training Center 451 New Karner Rd, Albany 12205 Instructor: Randy Templeman, ABR, AHWE, CBR, e-Pro, SRES 4 easy ways to register: Visit the Members' Education Section at nysar.com Fax credit card registrations to 518.462.5474 Call 463-0300 x 219 Mail check registrations to: NYSAR, 130 Washington Ave., Albany, NY 12210 Across the Association september/October 2013 5 CIREB Corner Annual 23rd Annual Golf Outing & Fundraiser CIREB’s Annual Golf Outing was held on June 17th at Wolferts Roost Country Club. A total of 104 CIREB members, guests and clients played and despite the rain and early end to the game raised $5,000.00 for the Catie Hoch Foundation. The Foundation is an allvolunteer organization dedicated to helping children while in treatment for cancer. Visit www.catiehochfoundation.org for more information. We like to thank our generous sponsors and golfers for making this a great success. CIREB Welcomes New Members January – July 2013: Broker Membership Fred Scheidt – Saratoga Excelsior Group, Middle Grove Alexander Monticello – Monticello Real Estate, Albany Lisa Tracy – Terra Firm Realty, Saratoga Springs Charles Passaro – RealtyUSA.com Jeffrey Keith – Exit Elite Realty Group, Scotia Romain Rusk – Gallagher & Company Associate Membership Fred Realbuto – Yankee Realty Elizabeth Baskin – Hunt ERA Christine Richardson – RealtyUSA.com Kyle Rueckert – CBRE-Albany Irv Ackerman – Sunrise Realty Advisors Richard Roberts – CMK & Associates Michael Scott Davis – Weichert, REALTORS®, Northeast Group Devin Cremeans – RealtyUSA.com Jonathan Glover – Exit Elite Realty Group Thursday September 12th, 8-10am Economic Development Troy Local Development Corp./ City of Troy, represented by Monica Kurzejeski Thursday November 7th 8-10am Appraisal Membership Bill Moore – The Appraisal Company, Saratoga Springs Nathalie Lenehan – Centruy 21- Rural Estates CIREB Marketing Session Schedule: Thursday October 3rd, 8-10am Thursday December 5th 8-10am (Annual Member Update Meeting) Complete details can be found at www.cireb.com Chris Maddalone – Hunt ERA ADS QUICK. EASY. YOU’RE IN CONTROL. Create, proof and purchase your real estate ad for a discount. It’s available 24/7. This self-serve system is called eZ Ads. Get started now by logging on to ezads.timesunion.com Howard Denison – VanAernem Realty & Assoc., Hudson Falls Barbara Higbee – Barbara Higbee Realty, Troy Lower the cost and increase the speed of scheduling your ads! Jeff Gruebel – Belsite Realty, Long Island City Mark Richardson – Mark Richardson REALTOR, Saratoga Springs Ed Rosenberg – Gage Realty, Scotia Tong Zhang – Premium Realty Group, Duanesburg Janet Kaplan – Stuyvesant Plaza Michael DelPiano – CKM Team Realty, Schenectady Not having an open house, but want to advertise your listing? You can still use eZ Ads lower cost ad pkgs. Go to ezads.timesunion.com, log in or create an acct if you don’t have one. Choose a print only listing. You will have the choice of an all text ad, or an ad with your logo and/or listing photo. Add your logo to brand your firm. You’ll see the upload link at the bottom of the page when you customize your ad. Click the link to browse your files and upload the logo for that ad. Follow the steps to customize your ad, schedule the dates, and pay for your ad. Must see to appreciate! Reduced $10,000 Stunning exterior! Loaded w/upgrades! This beautiful home has 10 ft ceiling on 1st flr & a gourmet kitchen. 186 Moe Rd, Clifton Park MLS #201213567 RE/MAX Park Place 383-8300 Tip of the Week: You can save your logo just once and it will appear in all ads when you choose an ad template with a logo option. Just follow these steps: Go to the My Account Info page, Scroll to the Custom Marco Definitions section at the bottom of the page, and browse your files to upload your logo. Click the Update link. You’ll also see a field to enter your office ID. This is a great feature of the site, because it will display your listings in your eZ Ad acct, so you will not have to enter the MLS#s, but simply choose the listing by address. 6 Across the Association september/October 2013 Welcome New Members REALTOR® (principal) Charles C. Dunham, Ski Bowl Realty, Saratoga Springs Brandon Quadrini, B. Quadrini Homes, West Sand Lake Zita M. Ryan, Saratoga Springs Daniel M. Shepard, All In 1 Realty Services, Albany AFFILIATE Cutco Closing Gifts, Aaron Sahr Legacy Title Services, Bernardo Bigalli Wells Fargo Home Mortgage, Sheila Dorn REALTOR® (non-principal) All In 1 Realty Services John A Gagnon Century 21 Rural Estates Lauren B Daniel Amanda Schultz CMB Realty Group Jessica Robilotto CMK and Associates Bryn A Brown C M Fox Real Estate Lori A McCutcheon Brian R Meurs Nikolas Papadopoulos Coldwell Banker Prime Properties Mary Amodeo Martha R Braunstein Totlyn Blair Edwards Brandon Farinaccio Dorothy Hughes Dina Ingham Jessica Merola Mary Ann Pekalski Jennifer L Robyck Russell Ruggiero Sandra Russell Dream Street Properties Marc Scalera Alisha M Pigliavento Franklin Group John Alund Hart Real Properties William D Hart, Jr Huba Realty Kelly A Attanasio Roberta DiFrancesco Inglenook Realty David McClements, Jr William D Wills Keller Williams Capital District Carl Ekberg Sonali Karan Terressa Mannix Alfred C Martin Matthew W Whipple Keller Williams Saratoga Eric Galvin Frances J Ryan Kathleen Schnitzer McNeary Realty Michelle L Krause Miranda Real Estate Group Megan M Graham Carrie A Hansen Samuel Pontillo Redmark Realty Steven J Altarac Matthew Pierce Mohawk Valley Real Estate Josh Paden RE/MAX Park Place Jennifer Lee Cardinale-Werner Premiere Property Group Gabriele Marruso Roohan Realty Alexandra E Willard Prudential Manor Homes Patricia A Barnes Amanda B Brinke Todd Calhoun Thomas Dannible Carter Flanigan Tara Brooke Johnson Jason Kennedy Debra LeBlanc Barbara Mendelson Christine Nemec Geraldine Raymond Tina E Stehlin Zachariah TeBordo Sagatis Realty Vincent T McHugh, Jr Realty Albany Shiju Salahudeen RealtyUSA.com Michael Boodram Amy Elizabeth Clark Scott B Clarke Jennifer Crespo Michelle Di Mura Christine C Dingley Kimberley Christina Freeman James-Riley Hannahs Collin Mullahy Lorenzo Clifford Murray Daniel T Oligney James P Post Carol Rion Select Sothebys International Realty Jill DeAnzeris Thomas J Real Estate Bonnie S Smith Weichert, REALTORS®, Northeast Group Kathryn Elizabeth Bezanill Across the Association september/October 2013 7 Nominating Committee Officer/Director Recommendation Form The Nominating Committee will soon begin its meetings to develop a slate of officers and directors for the elective year beginning January 1, 2014. To ensure that the best possible candidates are considered we ask you to make your own interest known in any of the available positions or to let us know of any other member you feel would be qualified to serve. Positions For Which The Committee Will Be Recommending Candidates Include: GCAR Officer President, President-Elect, Secretary/Treasurer (Candidates must hold REALTOR® membership in GCAR and must have served three years as a Director of an Association of REALTORS® to qualify) Complete the “Officer Director Application For Nominating Committee” found on GCAR.com to express your own interest or call GCAR for a copy. To recommend another return this form or a photocopy to GCAR. Name (of potential candidate):_______________________________________________________________ Firm:____________________________________________________________________________________ Position:_________________________________________________________________________________ GCAR Officer: ___________ Which Office?____________________________________________________ GCAR Director:____________________________________________________________________________ NYSAR Director:___________________________________________________________________________ GCAR Director (Candidates must hold REALTOR® membership in GCAR) CRMLS Director:___________________________________________________________________________ NYSAR Director (Candidates must hold REALTOR® membership in GCAR) Resumes Welcome CRMLS Director (Candidates must be CRMLS Participants (principal broker) or licensed brokers or associate brokers affiliated with a Participant) If you have any questions on the responsibilities associated with any position please call GCAR’s CEO James Ader at 464-0191 (Ext. 16). All calls will remain confidential. Deadline: September 20, 2013 Where Does Inaccurate Data Come From? ListHub, your listing syndication tool, offers the following look at the Internet and bad data. Most of us have experienced the frustration of discovering a listing that displays as active on real estate websites when the listing is actually no longer on the market…Or the price that appears on the listing is not correct …Or the wrong contact information displays with a listing. How do these errors occur? And with so many companies doing syndication, how can you identify the source when there are problems? We will start by exploring the biggest factors that impact the accuracy of online listings. The Top 3 Factors That Impact Listing Accuracy: 1. Data source: Data pulled directly from the MLS is most likely to be the most accurate information available. The MLS is one place where we will not forget to change the listing details such as price or status. If your syndication program is MLS-connected, listings can be updated online automatically as these changes are made in the MLS. Our MLS partnered with ListHub, the MLS-connected syndication program, specifically so that we can uphold the highest possible standards for current and accurate data. 2. Re-syndication: There are many problems caused by the practice of re-syndication, and the issue of listing accuracy is one of the biggest. When listings are passed from one database to the next, and then to the next (and then to the next), the room for error increases. The lack of accountability for refreshing the data naturally increases. Many companies re-syndicate data (including some of the publishers in the ListHub network). But not with ListHub listings! Even those companies who make re-syndication a part of their business practice are forbidden to re-syndicate listings received from ListHub. 3. Publisher policies: Most reputable publishers refresh listings daily, and purge inactive listings within a day or a couple of days. Some sites wait longer to remove the listing. You can review the ListHub Channel Scorecard (this is located on the Marketing Choices tab in your ListHub account) to see the data refresh and inactive listing removal policies of the publishers within the ListHub network. What happens when you find a listing online that is no longer on the market, or otherwise incorrect? It’s easy if the listing was syndicated via ListHub. Just contact your ListHub support team and they will troubleshoot any issues directly with the publisher. But what if ListHub did NOT syndicate the listing? There are a few questions to ask that might help brokers and agents to track down the source of the listing in order to have it removed or updated. •Did you create a flyer online? •Did you create a virtual tour for your listing? •Do you have an agreement with a print advertiser? •Does your website provider syndicate listings? ListHub works with MLSs and to uphold responsible practices in real estate listing syndication, and to make the online real estate world more transparent so that providers of listings are able to engage in the practice of syndication with knowledge, control, and confidence. Together, we can help consumers to find the most accurate and current real estate listings on the Internet! 8 Across the Association september/October 2013 Member Update GCAR Mixer Thank You Volunteers & GCAR Staff The Red Cross Blood Drive went very well on June 10th. The Red Cross got exactly the number of units they expected! We would have gone beyond their expectation except a few donors had to be turned away for medical health related reasons. A special thank you to the Greater Capital Association of REALTORS® for the use of the training room and especially Gina Martin for all her help. Donors received a coupon to All Good Bakers for a discount for any baking goods purchased. To all the Volunteers who gave blood – many thanks. REALTOR® Elaine C. Freedman, Drive Chair Thank you to these GCAR members who have joined the 2013 RPAC 99 Club: REALTOR® Marie Bettini, Albany Realty Group; REALTOR® Robert Blackman, RealtyUSA.com; REALTOR® Jason Christiana, Prudential Manor Homes; REALTOR Theodora D’Amico, RE/MAX Capital; REALTOR® Victoria Gettings, RealtyUSA.com; REALTOR® Peter Staniels, Weichert, REALTORS®, Northeast Group, and to Capital Club member James Ader, GCAR. Heather King, president (l) and Kim Rocque-Pryor, vice president of Holden & Associates, sponsors of the GCAR Mixer held at the Cannon Barrel in Watervliet with chair of the event Jeffrey Decatur. Sympathies are extended to: Sympathies are extended to the family and friends of REALTOR® Chris Schmid, RealtyUSA.com, on his death. Sympathies are extended to the family and friends of REALTOR® Lois Lansing, RealtyUSA.com, on her death. New YoRk S TATe ASSoCiATioN oF Re ALToRS ® NYSAR.com ADVERTISE HERE! Your 24/7 Resource. Contact Foley Publications about our advertising specials! 800.628.6983 NYSAR.com makes it easy to access the information, services and support you need to stay competitive, enhance your success and increase your profitability. Visit NYSAR.com today to: • Access NYSAR’s legislative priorities. • Learn more about key legal issues. • Find and register for an upcoming education course. • Access exclusive members-only discounts and special offers. • Download the latest webinars, videos and podcasts. • Access NYS housing stats, including “The Skinny” video. • Contribute to RPAC. DoN’t wAit, ViSit NYSAR.com toDAY! GET FEATURED HERE!