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Rochester’s largest ReMax real estate franchise merged Wednesday with the third largest area ReMax franchise.

ReMax Realty Group inked a deal with ReMax First of Greater Rochester, creating an agency with up to 150 agents.

The new office will retain the ReMax Realty Group brand, with the ReMax First office on Allens Creek Road in Brighton closing to move into ReMax Realty Group’s Pittsford office. The combined ReMax agency will retain its westside office in Greece.

“Our goal is to be the No. 1 ReMax in the market,” said Michael Haymes, president of ReMax Realty Group, who will now share the managing broker title with his current partner Jeffrey Hoffman and with Tom Schnorr, former president of ReMax First.

The agencies had always been friendly competitors, Schnorr said, noting that the three managing brokers started in business at the same time in the early 1980s. The merger made sense as more realty firms are using economies of scale to their advantage, Schnorr said.

Combined, the two agencies would have had $445 million in sales in 2011.

Real estate agents are independent contractors, but Schnorr said his agents were positive about the move.

The merger will provide agents and customers with better technology, he said. There will be 17 support staffers, including IT support, social media experts and creative development staff.

The two ReMax Realty Group locations under the merger are at Grove Street in Pittsford and Canal Landing Boulevard in Greece.

ReMax Realty Group has been the No.1 ReMax franchise in the state, Haymes said. The merger places the agency in the top one percent of ReMax franchises internationally, Schnorr said.

Written by MARY CHAO Democrat and Chornicle
 

This Colonial house in the City of Rochester is perfect for either an owner occupant or an investor looking for an income property. Featuring hardwoods, and tons of 1920's charm. This property is only $49,900

Rochester NY - Investment Property

 

This two family home in the City of Rochester's 19th ward is a great investment property opportunity. Offer for $59,900 the sale of his investment property is subject to Bank and Short sale approval. For a qualified buyer and bank approval the current loan may be assumable.

Currently rented for $650 & $700 plus utilities this is a cash flowing property.

Investment real estate in Rochester NY, Two Family home for saleRochester NY - Investment Property

 

NEIGHBORHOODS: Little-noticed cuts may hurt neighborhoods

Governor Andrew Cuomo's state budget proposal for 2012-2013 eliminates a pair of programs that directly impact urban neighborhoods.

Cuomo's plan cuts funding for the state's Rural and Neighborhood Preservation Programs grants, which partially fund neighborhood groups like the South Wedge Planning Committee, Group 14621, North East Area Development, and South East Area Coalition. The budget also creates a new Foreclosure Relief Unit within the Department of Financial Services, seemingly at the expense of foreclosure legal assistance programs.

The new unit would provide counseling and mediation services to help homeowners stay in their homes, say budget materials. David Newstadt, a spokesperson for the Department of Financial Services, says the program is still in the planning stages.

The state's Foreclosure Prevention Services Program provided grants to legal aid groups and housing organizations to assist homeowners facing foreclosure. The program's out of money, however, and Cuomo's proposal doesn't include new funding.

Subsequently, the legal aid group Empire Justice Center has dismissed two paralegals, says Becky Case, supervising attorney of the organization's Foreclosure Prevention Unit. One paralegal worked cases, she says, while the other handled client intake and supported the attorneys.

"We're accepting very few clients from now on," Case says.

Foreclosures are often the result of financial problems, which also means that the homeowner might not be able to afford legal assistance, Case says. If homeowners can't afford attorneys, she says, they are at a disadvantage right from the start of proceedings.

The cuts to the Rural and Neighborhood Preservation Programs will set back grassroots community improvement efforts, says Joan Roby-Davison, who served as executive director of Group 14621 for more than a decade. The city has 11 neighborhood preservation corporations, as they're called.

"This is going to leave neighborhoods in Rochester really without staff to support their efforts," says Roby-Davison, now the executive director of Sector 4 Community Development Corporation, which does not receive Neighborhood Preservation Program funding.

Roby-Davison says the programs have been cut before and then restored, and that there will be a lobbying effort to get the funding back

 

OPEN HOUSE 1-3pm in Penfield - 2014 Five Mile Line Rd.

2014 Five Mile Line located in Penfield NY - Price just reduced! Only $159,900 over 3,200 Sqft

House for sale in Penfield NY by Mike Liess of Remax. 2014 Five Mile Line Rd. for sale in Penfield NY - remodeled kitchen

This colonial offers over 3,200 Sqft. Featuring a remodeled gourmet kitchen w/tile counter tops, stunning master bedroom suite, master bath w/jacuzzi and shower, sitting room leading to balcony. Stone fireplace and mantle,Two car garage and barn, this house is a must see. Owner is contracting to do seveal more updates, this could be a great opportunity to build your own equity prior to additional updates!!! Located in the heart of Penfield,  close to Penfield High School, walking distence to the four corners, what a great location. Search homes for sale in Penfield NY

 

2014 Five Mile Line located in Penfield NY - Price just reduced! Only $159,900 over 3,200 Sqft

House for sale in Penfield NY by Mike Liess of Remax. 2014 Five Mile Line Rd. for sale in Penfield NY - remodeled kitchen

This colonial offers over 3,200 Sqft. Featuring a remodeled gourmet kitchen w/tile counter tops, stunning master bedroom suite, master bath w/jacuzzi and shower, sitting room leading to balcony. Stone fireplace and mantle,Two car garage and barn, this house is a must see. Owner is contracting to do seveal more updates, this could be a great opportunity to build your own equity prior to additional updates!!! Located in the heart of Penfield,  close to Penfield High School, walking distence to the four corners, what a great location. Search homes for sale in Penfield NY

 

PLease feel free to visit us at our open house this afternoon in Parma / Hilton Shools from 1 to 3 pm. If you are looking for land and a newer house this could be the one.

This four bedroom colonial, features nice open floor plan with a natural flow from the eat-in kitchen to a very large great room. The kitchen features hardwood floors and tons of nature lighting. Looking for land? This 1.8 acres offer a very large lot backing up to a creek perfect for someone looking for privacy.

To view more information on 220 Dunbar or other homes for sale click here  Hilton house for salen open house today 1-3

 

This is the time of year for all property owners to ask themselves this simple question. Or is it a simple question?

In order to answer the question fairly one must know two things about the property:

1. The “Assessed Value” as determined by the Municipalities Assessor.

2. “Fair Market Value” what the property would sell for today if it were made available for sale in the open market.

In theory: Assessed Value is supposed to equal Fair Market Value.

The Assessor’s primary responsibility is to fairly assess all property so that the taxpayer pays only their fair share of taxes.

However, the Assessed Value is periodically reviewed by the Assessor with lapses in time sometimes measured in years. Those years can have seen swings in value, up or down making the assessed value no longer fair.

Fair Market Value is subject to the dynamic economic forces of the marketplace and is subject to change.

Therefore, Assessed Value does not always equal Fair Market Value but there should be a reasonable (5%) correlation between the two.

If your Assessed Value is within a 0 to 5% range of Fair Market Value then your property taxes are arguably fair.

If your Assessed Value is greater than Fair Market Value and exceeding a 5% range then your taxes are too high.

When your taxes are too high, two things occur. First, you will pay more than your fair share in property taxes every year. Second, when you sell your property, you will likely receive less than Fair Market Value since properties with higher taxes than competing properties tend to be less desirable.

These 2 things are not fair to a property owner and there is something you can do about it.

The “Burden of Proof” rests with the property owner to take action and to prove the Assessed Value is not fair.

Fair Market Value will need to be determined and can be supported by any one of the following: recent activity of the property in the market, recent appraisal and or recent comparable or “like” properties that have sold. Note: the further you go back in time the less accurate the information will be relative to today. It is always recommended to discuss timelines with the assessor to maximize any due diligence.

First, property owners should try to arrange an informal review with the assessor. Generally it is easiest to coordinate an appointment well in advance of “Grievance Day.”

If the Assessor does not grant the meeting or if the Assessed Value is not adjusted as a result of the meeting then the property owner can and should file a Formal Grievance.

The deadline for filing a formal grievance is quickly approaching is generally in May however you should confirm with your local municipality.

A formal grievance form can be obtained from the Assessor’s Office or by visiting:

http://www.tax.ny.gov/pdf/current_forms/orpts/rp524_1117.pdf

Please check with the Assessor’s office to confirm the number of full copies they require when submitting all documentation supporting the formal grievance.

You can represent yourself or you can appoint a representative to represent you before the Assessor or Grievance Review Board. This must be reflected on the RP-524 form

Again, this is the time of year for all property owners to ask “Are your property taxes fair or too high”?

If you are still unsure how to resolve this question or what to do next, contact your REALTOR today for professional guidance.

For more information please see: http://www.tax.ny.gov/pit/property/contest/completegriev.htm

Contributed by: Ken Currie, RE/MAX

 

HSBCn locations to Key Bank

These HSBC branches in Monroe County will become Key Bank branches after June 30.
12 Courtney Drive, Perinton.
3177 Latta Road, Greece NY
3636 Dewey Ave., Greece NY.
980 Ridge Road, Webster NY.
184 S. Union St., Spencerport NY.
1005 Elmgrove Road, Gates NY.
525 Titus Ave., Irondequoit NY.
3230 Chili Ave., Chili NY.
1475 Mt. Hope Ave., Rochester NY
1848 Empire Blvd., Penfield NY
835 Fairport Road, East Rochester NY

 

University of Rochester Medical Center Nationally Ranked Hospital

Nationally Ranked
  • #32 in Gynecology
  • #48 in Neurology & Neurosurgery
  • #39 in Urology
  • #42 in Nephrology

High-Performing
  • in Cancer
  • in Cardiology & Heart Surgery
  • in Diabetes & Endocrinology
  • in Ear, Nose & Throat
  • in Gastroenterology
  • in Geriatrics
  • in Orthopedics
  • in Pulmonology
  Other Specialties
  • in Ophthalmology
  • in Psychiatry
  • in Rheumatology

See adult ranking details

 
 
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Mike Liess

Penfield, NY

More about me…

Remax First

Address: 95 Allens Creek Rd, Rochester, NY, 14618

Office Phone: (585) 756-7437

Cell Phone: (585) 750-8337

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