News: Brokerage

This fall is packed with events for our NYSCAR Realtor members by Brian DiNardo

Brian DiNardo, NYSCAR Brian DiNardo, NYSCAR

It is hard to believe that summer is coming to a close and fall is right around the corner. To kick off the fall, the NYSCAR Board (Annual Meeting) will be held on Sunday, September 25, 2016 at Turning Stone Resort and Casino in Verona.

The election of officers and governors will take place at the upcoming meeting.

The Nominating Committee, chaired by John Lavelle, nominated the following individuals to serve as officers and governors of the association for 2017:

Officers:

President, Brian DiNardo, Rochester;

First vice president, Guy Blake, CCIM, Newburgh;

Second vice president, James Walker, CCIM, Glenham;

Treasurer, Ed Gallacher, CCIM, New Hartford;

Secretary, Dana Crocker, Syracuse.

Governors (for 2017-2019 term): Jay Feinberg, Hudson Valley; Gordon Furlani, Greater Capital; Rudy Lynch, CCIM, Greater Capital; Ted Welter, CCIM, CPM, Rochester.

Education

“Investment Property Analysis and Creative Transaction Formulas” sponsored by the NYS Commercial Assoc. of Realtors in cooperation with the Syracuse Area Chapter of NYSCAR and Upstate CCIM Chapter, will be held on Tuesday, October 4, 2016 at the Greater Syracuse Association of Realtors office, 5958 East Taft Rd., North Syracuse, NY 13212. The 7.5 hour course will be instructed by Bob Giniecki, CCIM and James Walker, CCIM

Course Overview: Key considerations in determination of value of investment property; determining financing alternatives and impact on value; understanding the property operating statement; creative transaction alternatives and application of financial formulas; basic financial formulas; alternative creative; transaction structuring formulas; improving property marketability; potential solutions to working with overpriced properties; solving negative cash flow issues; wealth building formulas to maximize return; acquisition of real estate without out of pocket cash; use of equity conversions; guarantee of cash flow.

Watch nyscar.org for details. Email Sherry Marr with questions: [email protected]

National Association of REALTORS-Conference & Expo (November 4-7, 2016)

Every fall real estate professionals from across the U.S. and around the world come together for the annual Realtors Conference & Expo. This annual four-day event includes:

• 100 education sessions, featuring nationally recognized speakers, trainers, and industry experts, who discuss timely topics and critical issues of value to Realtors;

• Nearly 400 industry vendors at the expo, who present the latest innovative tools just for real estate professionals; and

• Unlimited networking and referral-building opportunities, including special events, networking lounges and the expo show floor.

In 2016 the Realtors Conference & Expo will be held at the Orange County Convention Center West in Orlando, FL. This year’s theme is “Educate. Innovate. Celebrate!” and, indeed, the event will help Realtors get educated on future market trends and provide them the chance to test out all the new innovations changing real estate, as well as celebrate the industry. 19,000 members and guests are expected to attend this year’s event.

The Realtors Conference & Expo is home to the largest trade show floor in real estate, with nearly 400 exhibitors and close to 100,000 s/f expected at the 2016 event.

Since 2008, Realtors Conference & Expo attendees reported making twice the average income from real estate as the typical NAR member.

It’s the one real estate event for everyone. Education sessions cover a variety of topics, from technology to land use to government issues to sales and marketing techniques. Pavilions on the expo floor let you explore areas of real estate like commercial, green and global markets.

Go to realtor.org (events) for full details, including commercial meetings.

Brian DiNardo is the president of NYSCAR and is a NYS licensed real estate broker, DiNardo Realty Corp., East Rochester, N.Y.

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