Date: 10/24/14

2015 Notice of Slate of GCAR Officers and Directors

Notice of Slate of 2015 GCAR Officers and Directors

Date: 10/21/14

New York State Real Estate Education Foundation Scholarship Rules and Application

Scholarship Program

Through its scholarship program, the foundation strives to raise the level of knowledge, professionalism and client service among those in the real estate profession. Since it began in 2004, the Education Foundation has awarded more than 650 scholarships totaling almost $180,000 to REALTORS striving to enhance their careers.

Eligibility of Licensees

Any REALTOR who has been actively involved in real estate and licensed in New York for at least one year is eligible to apply for one of the designation program scholarships. These include Accredited Buyer Representative, Certified International Property Specialist, Green, Resort and Second-home Property Specialist, Graduate REALTOR Institute and Seniors Real Estate Specialist designation course scholarships. Applicants must hold primary REALTOR membership in New York State, demonstrate a drive to continue their education, show positive results with consistent growth, and prove their interest in furthering their career in real estate.

access scholarship rules and application

Eligibility of Others

Any REALTOR member who is eligible to teach real estate continuing education programs and is recommended by their local board of REALTORS may apply for the Instructor Training Institute scholarship, which covers half of the tuition.

Important Dates and Requirements

Scholarships are awarded twice a year; in March and in October.  Applications for October awards are due by July 31 and applications for March awards are due by December 31.  Individuals are eligible to receive only one scholarship per year.  Each application must be supported by two letters of recommendation and must include a letter from the applicant describing their need, how the scholarship will benefit them and their future goals relating to the use of the scholarship.

Click here to view the full list of 2014 NYSREEF scholarship recipients.


NYSREEF Application

Date: 10/6/14


Sep 2014 Stats Press Release



For release Monday, September 22, 2014

For additional information contact:

Laura Burns/Executive Officer

Greater Capital Association of REALTORS®

Ph: (518) 464-0191 x16

The Greater Capital Association of REALTORS® reported that pending sales in the area decreased 0.6 percent from August 2013 to 885 for the month. Percent changes that small indicate stability. The number of homes for sale this year was lower than last year causing inventory levels market-wide to dip nearly 4% percent to 8,282 units. As a result, prices continued to rise. The median sales price increased to 3.6 percent to $210,000 . Prices are dictated partly by supply and demand forces, but they’re also based on what’s available for sale and consumer preferences.

Sustained job grow, lower mortgage rates and a rise in inventory appear to have unleashed some pent-up demand. When asked about his take on the current market, Al Picchi, of and President of the Greater Capital Association of REALTORS® said, “Housing relies heavily on an economy producing good jobs so it’s encouraging to see second quarter GDP growth and positve job growth in the Greater Capital Region.”

Months supply of inventory was down 5.4 percent to 10.7 months. Ultimately, less than 5 months of supply is consistent with sellers’ markets, while more than 6 months generally indicates a buyers’ market. Still, sellers in the Capital Region yielded a greater share of their asking price with the percent of original list price received at sale rising to 94.7 percent since last year.

Laura Burns, CEO of GCAR stated, “Further improvements are still needed by way of higher wages and consumer confidence but all inidications point to a continuing recovery”. Burns continued, “We’re very happy to see that the Greater Capital Region made Forbes’ Top 100 Best Places for Business and Careers”.

The Greater Capital Association of REALTORS® is a professional trade association officially representing more than 2,800 real estate professionals in the Capital Region. GCAR is the “Voice for Real Estate™ in the Capital Region.