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Happening Tomorrow! Prepare Your 2023 Business Plan at LIBOR’s January Learning Social
2023 is certain to be your best year yet with the right tools and planning! Join LIBOR for our latest Learning Social event tomorrow, January 19 in Nassau County. FREE for our members. Register now, HERE.
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Attend NAR’s Fine & Well Virtual Tax Summit this February
REALTORS® are facing a long list of tax changes for the 2022 filing year. New and complex rules, annual inflation adjustments and tedious documentation can impact any taxpayer without a plan or expert guidance. Reduce your stress this tax season by attending NAR’s Center for REALTOR® Financial Wellness Tax Summit four-part virtual series beginning Wednesday, February 1 at 1 p.m. CT. Learn more and register HERE.
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Applications are Now Open for NAR’s 2024 Leadership Academy
Applications are now being accepted for the 2024 NAR Leadership Academy Class. This program identifies, inspires, and mentors emerging leaders from the local and state association levels. Apply by February 7, 2023, HERE.
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Co-Brandable Resource Available!
Don't let this gem slip through the cracks! Be sure to view and download your free Seller Obligations and Landlord Obligations flyers and protect your clients and colleagues! Available at lirealtor.com/fairhousing.
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GE Appliance Store
Start the Year with Savings at GE Appliances! Receive FREE DELIVERY on orders over $999 and additional savings on select appliances through 1/25/23. See Store for details, HERE.
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Preparing Your 2023 Business Plan: Planning Your Business in a Rapidly Changing Market
In-person Marriott Hotel Uniondale
Thursday, January 19, 2:00PM - 6:30PM
3 Hrs. CE
Click Here to Register
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REALTOR® Tech Class
In Person - Woodbury RSC
Thursday, January 19th, 9:00AM - 5:00PM - Day 1
Thursday, January 26th, 9:00AM - 5:00PM - Day 2
15 Hrs. CE
Click Here to Register
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What Technology Should You Use When Working with Buyers?
Tuesday, January 24, 1:00PM - 4:00PM
3 Hrs. CE
Click Here to Register
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NYSAR - NAR Bias Override: Overcoming Barriers To Fair Housing
Wednesday, January 25, 2:00PM - 5:00PM
3 Hrs. CE
Click Here to Register
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Working with Sellers to Price Properties Using Stratus CMA, Maps & Public Records
In Person - Woodbury RSC
Wednesday, January 25, 1:00PM - 4:00PM
3 Hrs. CE
Click Here to Register
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Governor Hochul Delivers State of the State Address - Focuses on Housing
On January 10, Gov. Kathy Hochul delivered her 2023 State of the State address providing an outline of the governor’s priorities for the coming year. Much of the focus was on housing initiatives, including a goal of creating 800,000 new homes over the next decade through new and expanded tax incentives, rezoning of certain areas, and expanding eligibility for commercial buildings to convert spaces to residential development. The governor also announced support to require all new homes to be constructed all electric by 2025 for smaller buildings and 2028 for larger buildings and prohibit the sale of any new fossil fuel heating equipment and appliances by 2030. Details on many the governor’s proposals remain yet to be seen until the release of her Executive Budget proposal, which is expected in the coming weeks.
NYSAR has prepared a summary (click HERE for summary) highlighting the governor’s proposals related to housing. The State of the State address will serve as a roadmap for state lawmakers as they begin to draft and negotiate the State Budget, which is due by April 1, 2023. A full version of the governor’s State of the State Book can be found by clicking HERE.
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End-of-Year 2022 Legislative Action: New Flood and Mold Disclosure Laws
On December 16, Gov. Hochul signed into law a bill that will amend the Property Condition Disclosure Statement to add a question of home sellers regarding indoor mold history in the residence. The law will go into effect on Wednesday, June 14, 2023. View the sponsor’s memo and bill text HERE.
On December 23, Gov. Hochul signed a bill into law that will require all residential leases to provide notice of flood history on the property and current flood risk of the premises. The residential lease must also include a proscribed notice to tenants regarding the availability of flood insurance through FEMA. The law will go into effect on Wednesday, June 21, 2023. View the sponsor’s memo and bill text HERE.
On December 23, Governor Hochul vetoed a bill that sought to eliminate current state law that provides a property tax break to coop and condo owners by lowering their home’s assessment. In her veto message, Governor Hochul stated that many first-time homebuyers rely on the affordability of condos and coops, and approval of the bill could lead to fewer units of housing being built at a time when New York is facing a housing crisis. Learn more.
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