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Did You Hear? Triple Play Registration is Officially Open I'm In: Attend one of the largest real estate conventions and trade shows in the U.S., stay up-to-date on industry practice changes, and network with fellow real estate professionals at 2024 Realtors® Triple Play Dec. 9-12 in Atlantic City. When Does Early Bird Pricing End? Register online through Oct. 15 and save $30. [siteorigin_widget class="SiteOrigin_Widget_Button_Widget"][/siteorigin_widget]Acting Governor Signs Appraisal Anti-Bias Legislation Tell Me More: This week…

[siteorigin_widget class="SiteOrigin_Widget_Headline_Widget"][/siteorigin_widget] Who Can Apply? We encourage all members who volunteer in their communities to apply. You can nominate yourself to win the award or a fellow Realtor®. Applications must be submitted by Friday, Sept. 6. What Are This Year’s Prizes? Donations will be made to your charity of choice in the amount of $2,500 for first place, $1,500 for second place, and $1,000 for third place. [siteorigin_widget…

1. Limited Liability Company Rule Moves Forward I'm Listening: The LLC rule to allow commission payments to be made to Limited Liability Companies, previously adopted by the Real Estate Commission, was published by the State of New Jersey in the NJ Register on Aug. 19. When Will the Rule Take Effect? The LLC rule changes will take effect six months from the NJ Register's publication date. We will notify members once the new regulations are officially in place. READ THE NJ REGISTER 2. July Housing Market Data Reports Out Now What are…

Feature Story of the Week Discover Bradley Beach In the July/August edition of New Jersey Realtor® Magazine, we visit the Borough of Bradley Beach, most known for its Main Street, sandy beaches, and sunny disposition. “Bradley Beach is a hidden gem, a culinary and beverage destination with a nostalgic charm and a progressive spirit,” said Co-founder and Co-owner of Bradley Brew Project Chelsey Ziolkowski. READ THE ARTICLE 1. Realtor-Palooza to Cover the Latest Industry Issues When and Where is Realtor-Palooza? The event is back on…

1. Circle of Excellence Sales Award® Application Now Open Tell Me More About the Award: New Jersey Realtors® Circle of Excellence Sales Award® recognizes members who have demonstrated excellence in sales. Units are earned for quantity and dollar value of closed transactions throughout the calendar year. Is There Anything New with This Year's Application?: Yes, several changes were made to the application: The designation/certification industry unit will be accepted from Nov. 4, 2023, through Nov. 15, 2024. Transactions not listed as…

Here's Your Top Five Stories of the Week 1. Implement the New Law with New Forms To comply with the Real Estate Consumer Protection Enhancement Act, New Jersey Realtors® launched new and revised forms in the forms library. What are the New Forms? Addendum to Agency Agreement Form 130A: Informed Consent to Designated Agency (Buyer) Form 130B: Informed Consent to Designated Agency (Seller) Form 131A: Informed Consent to Designated Agency (Tenant) Form 131B: Informed Consent to Designated Agency (Landlord) Form 144: Non-Exclusive Tenant…

Here's Your Top Five Stories of the Week 1. NJ Realtors® Counsel Answers Vital New Law Questions I'm Listening: Last week at the Statewide Broker Briefing, NJ Realtors® held a panel discussion followed by a robust question and answer period to cover the ins and outs of the Real Estate Consumer Protection Enhancement Act, which goes into effect on Aug. 1. Where Can I Watch the Panel Recording? Click here to watch the recording and download the accompanying slide deck to prepare for the changes ahead. VISIT THE NEW LAW RESOURCE PAGE…

1 New Webpage Launched with Consumer Protection Enhancement Act Resources What Should I Know? The Real Estate Consumer Protection Enhancement Act, which strengthens protections and transparency for consumers and real estate licensees, will take effect on Aug. 1. The law requires the Seller's Property Condition Disclosure Form, introduces designated agency, and more. Where Can I Learn More? Visit njrealtor.com/cpea and download this document for a brief explanation of the law and specifics about the types of agency. VISIT THE CPEA…

TripLog For many real estate professionals, your car is your office. Make every mile count with TripLog, the mileage tracker app designed with Realtors® in mind. For every 1000 miles driven, you can deduct $670 on your taxes! Key benefits: • Automatic trip detection - no manual logging required • IRS-compliant reports for hassle-free tax filing • Customizable categories for business and personal trips • Comprehensive expense tracking and optional time tracking New Jersey Realtors® can get access to the best deal on automatic mileage…

Feature Story of the Week Race and Home Buying Report Reveals American Homeownership Rate Has Increased Over the past few years, homeownership rates amongst minority groups increased in spite of rising mortgage rates. According the National Association of Realtors® 2024 Snapshot of Race and Home Buying in America Report, Asian Americans saw the biggest homeownership rate increase. In 2012 the Asian American homeownership rate was 57.2% and in 2022 it was 63.3%. This increase translates to 1.5 million more Asian Americans purchasing…