NJ Realtors® Weekly—Dec. 21
Top Story of the Week
COE Applications Due Jan. 9
Time is running out to apply for the 2022 NJ Realtors® Circle of Excellence Sales Award®. All applications must be submitted and approved by your broker/office manager by Jan. 9, 2023, at 5 p.m. EST. No exceptions.
The 2022 Award Levels
- Platinum: $20 million and 30 units minimum, or 125 units
- Gold: $12 million and 25 units minimum, or 90 units
- Silver: $6.5 million and 20 units minimum, or 70 units
- Bronze: $2.5 million and 15 units minimum, or 30 units
Being a Member Has its Perks
Last Minute Holiday Savings From Lenovo
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Circle of Excellence Sales Award®Application Tips and Tricks
- Double Check Your Transactions: It's the applicant's responsibility to ensure all transactions are accurate.
- Verify Your Transactions: If a transaction is missing a verified check mark, you must upload proof of the transaction to your application.
- Read the 2022 Rules and Requirements: It outlines everything you need to know about the application, advertising rules and enforcement, proof/verification material requirements, and more.
State of the State
New Legislation to Prohibit Appraisal Discrimination
On Monday, the New Jersey Senate Commerce Committee voted on two pieces of legislation aimed to tackle the issue of appraisal bias. S3317, sponsored by Senator Nellie Pou, would codify the prohibition of discriminatory practices in appraisal and require appraisers to take anti-bias training.
S3318, also sponsored by Senator Pou, would allow for a change in the experiential requirement needed for appraisal certification. Concurrent bills have also been introduced in the Assembly, sponsored by Assemblywoman Yvonne Lopez.
NJ Realtors® will continue to track these important pieces of legislation.