Message from the President
by Louis Vinci
Myself and other BNAR leaders attended the Realtors Midyear Legislative Meetings in Washington DC and met with lawmakers to discuss the housing issues critical to the our community and to help move the real estate market forward toward a full recovery.
Homeownership has had long-standing support in this country because of its many benefits to individuals and families, communities and to the nation’s economy. Owning a home is an investment in your future and for many people, homeownership helps them gain a foothold into the middle class. Realtors remain committed to preserving housing-related provisions that help facilitate homeownership, build wealth for families and provide stability to communities.
We urged specific support for maintaining the current deduction for home mortgage interest. The mortgage interest deduction helps many families become home owners, which is the foundation for a healthy middle class, and it is vital to the health and stability of housing markets. Altering this policy or any others related to homeownership could marginalize current and future home buyers, as well as jeopardize the emerging housing recovery and the overall economy.
Our focus was on other important issues impacting the real estate market including preserving the mission and purpose of the Federal Housing Administration, protecting homeownership tax policies such as the mortgage interest deduction, and ensuring that mortgage financing is available and affordable to creditworthy home buyers. As Congress pursues comprehensive tax reform we urged our representatives to continue to support current tax laws for homeownership and real estate investment.
Realtors know the value of owning a home and investing in real estate, and by making ourselves heard on Capitol Hill, we are working to ensure that the American Dream of homeownership stays alive for generations to comeAlso, don’t ever hesitate to contact me. I have a special email “Ask Louis” for you to keep in touch with me and sending your questions or comments any time, on any subject 24/7/365.
REALTOR Code of Ethics Centennial Celebration
Under all the Land…One hundred years have passed since a key document in the Realtor organization's history first made its debut. Written in 1913, the REALTOR Code of Ethics was seen as a declaration of the real estate industry's principles and beliefs, a "golden thread" uniting those devoted to raising the standards of professionalism and service in real estate, and although revised, still remains.
Read this week’s case study: Related to Article 3
Case #3-9: REALTOR'S Obligation to Disclose True Nature of Listing Agreement
To help support our Western New York Veterans, BNAR is selling Stars for $5.00. WNYHeroes is an organization dedicated to making a difference for our Veterans/Families and Troops through various programs, and the good thing is that the money stays in Western New York. So the next time you visit the BNAR purchase a star. www.wnyheroes.
BNAR StaffOne of the top ten benefits of being a BNAR member is the expertise and experience of BNAR Staff. Here is a little chart to illustrate what goes on behind the scenes.