Officer Application

LIBOR offices will be closed on December 31 and January 1. Happy New Year to all our members!

LIBOR PRESIDENT ELECT

Support LIBOR’s program for the year and assist in achieving the goals established.
Attend all Executive Committee and Board of Directors meetings.
Act as presiding Officer if the President is absent or relinquishes the chair to participate in the discussion of an item on the agenda.
Act as President pro tem if the President is unable to fulfill his/her duties due to illness or other disability until such time as the Board of Directors appoints a President pro tem in accordance with the bylaws.
If the President is unable to attend official functions the President Elect shall act as the representative of the Board.
Serve as LIBOR’s automatic appointee to the NYSAR Executive Committee.
Serve as an “ex-officio” member of the Budget & Finance Committee.
The President Elect shall not be eligible to be appointed as a member of the following committees: Grievance Committee, Professional Standards Committee,Credential Review Committee, and all Special or Ad Hoc Committees.
The President Elect shall not knowingly take a position contrary to that of the Board of Directors.
Reimbursement: Within budget guidelines the President Elect shall be reimbursed for the following expenses:

Attendance at YPN Division meetings.
- Ticket for official attendance at YPN Division meetings and WCR meetings.
- Tickets to represent the Board at other functions which the President is unable to attend.
- Attendance at NYSAR meetings as per schedule established annually by the Board of Directors.
- Attendance at NAR meetings as per the schedule established annually by the Board of Directors.
- Attendance at special NYSAR or NAR Seminars as authorized by the Board of Directors.

LIBOR PRESIDENT

FUNCTIONS:

Preside over (chair) all meetings of the Executive Committee and all regularly scheduled Board of Director meetings.
If necessary, call special meetings of the Executive Committee and/or the Board of Directors.
Preside at all special functions other than of a strictly social character.
Represent the Board at all State and National meetings including Regional meetings as may be called by the State or National.
Represent the Board “by invitation” at meetings or social functions of other Boards in the area as personal schedule permits.
Represent the Board as needed with the CEO and the advice or presence of Board Counsel at government agencies, i.e. Department of State, etc.
Represent the Board with the CEO as spokesperson to the media on Board positions.
Represent the Board at political functions as needed.
Nominate NYSAR Directors for approval by the Board of Directors.

RESPONSIBILITIES:

Nominate committee chair people, excluding Compensation, Budget & Finance and Credential Review Committee Chairs, and nominate committee members for approval by the Board of Directors.

Set goals to be achieved during his/her term of office.

At the beginning of the year have leadership/planning sessions with the Board Officers, Chairs and Vice Chairs to outline the goals and plan how to achieve them.

Work through the CEO or whomever the CEO designates to achieve the goals.

At State and National meetings attend those meetings that are beneficial to the role of President.

Consult with Board Counsel and CEO when necessary.

Report significant developments to the Board of Directors.

Recommend appointees to the Credential Review Committee for Board Officers and Directors for the following year.

Recommend appointees to the Awards Committee for the selection of the REALTOR® Broker of the Year, REALTOR® Salesperson of the Year, REALTOR® Affiliate of the Year, LIBOR’s Lifetime Achievement Award and REALTOR® Spirit Award recipients.

Designate a representative to attend any function he/she is unable to attend if the President Elect is unavailable.

Review and approve the expense account of the CEO.

Appoint special “ad hoc” committees if needed subject to Board of Director approval.

The President shall not knowingly take a position contrary to that of the Board of Directors.

PRIVILEGES:

Serve as an “ex-officio” member of the Budget & Finance Committee.
The President shall not be eligible to be appointed as a member of the following committees: Grievance Committee, Professional Standards Committee, Credential Review Committee, and all Special or Ad Hoc Committees.
Right to attend all Board functions at the expense of the Board.
Within budget guidelines obtain reimbursement for expenses, to include guest, at State and National meetings. Such expenses to include:

Lodging; Meals; Travel to and from residence to meeting location; Rental car or cab fares at meeting location if meeting destination is reached by air; Industry related entertainment; be provided with an American Express card to pay authorized Board expenses; Obtain reimbursement within the budget guidelines for official mileage traveled during the year; Entertain guests of the Board at the Board’s expense (State, National or other Board representatives, guest speakers, legislators, etc.).