NJ Realtors® Weekly–April 26

Top Story of the Week

The License Renewal CE Deadline is Next Week

The NJ Real Estate Commission's 2023 continuing education term ends next week. CE completed after April 30 will be subject to a $200 late fee in addition to the license renewal fee.

Click here to check your complete CE record. If you have not completed your CE, visit New Jersey Realtors® Academy of Continuing Education and purchase a complete license renewal course package for just $31.50.

Being a Member Has its Perks

One Call Can Solve It All

New Jersey Realtors® newest Member Perks Partner Utility Concierge can help your clients streamline their big move. This free service will connect your clients to the best providers of home services and utilities in their area with just one phone call.

They'll handle the paperwork and guide your clients through the activation and installation process. Learn more here. 

CE Class Tomorrow

New Jersey Realtors® is hosting A Conversation on Fair Housing tomorrow at 10 a.m. The course will cover the New Jersey Law Against Discrimination, the Federal Fair Housing Act, and protections under both laws.

One fair housing continuing education credit will only be awarded to those who attend the event for the full amount of time and participate using the polling and/or Q&A features.

Register here. 

State of the State

NAR Advocates for Homebuyer Affordability

This week, NAR released a statement explaining its current initiatives surrounding loan level pricing adjustments. At the beginning of this year, the Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to change their LLPAs which resulted in higher fees for borrowers with higher credit scores.

Lenders are required to comply with the changes started May 1 and NAR continues to urge the FHFA to rescind the raised fees as affordability concerns are already plaguing homeowners nationwide.

Read more here.