April 23, 2016
INDUSTRY NEWS
Bergen County 10K Market Report for March 2016

Employment figures are positive, wages are going up and employers are hiring. Consumers are holding for the right deal, even in the face of extremely low mortgage rates. As seller and builder confidence increases, we should see more activity in Q2 2016. READ MORE 
What you and Your Clients Need to Know About Radon

As a real estate agent, you should know that radon is a dangerous gas; it is colorless, odorless, tasteless and radioactive. It is formed by the breakdown of uranium, a naturally radioactive material found in soil, rock and groundwater. READ MORE
LOCAL NEWS
Delay doesn't mean American Dream won't open until after Christie leaves office

The delay in issuing $1 billion in bonds for the American Dream Meadowlands project doesn't necessarily mean the opening date will be pushed back until after he is out of office, Governor Christie said. READ MORE
Bergen County Funds Legal Aid for Seniors Facing Foreclosure.

The Board of Chosen Freeholders on Wednesday dedicated $20,000 to allow the county  Division of Senior Services to make and fund legal referrals for low-income seniors who have defaulted on reverse mortgages. READ MORE
AFFILIATE SPOTLIGHT
Absolute Home Mortgage Loan Officer
Walter Gorman

Walter Gorman has been originating residential mortgages since 2002.  In 2008 Walter joined Absolute Home Mortgage. He holds an outstanding record as a loan officer, with over a 95% customer satisfaction. His business insight on the ever changing real estate industry, has allowed him to supersede that of the average loan officer. Walter has been recognized as one of the top producers for Absolute Home Mortgage for the last 5 consecutive years. In addition, Walter is a Technology Course Instructor at EBCBOR. He offers workshops that teach the members ways to enhance their tech skills and improve their business.

What do you think is the best part of being partnered with EBCOR?
The opportunity we have to meet agents, I think is one the most beneficial aspects of our partnership. Through our partnership, we have made strong relationships with a lot of the members. We have been able to learn from the members about the struggles they face trying to obtain business, which has allowed my team and I to come up with ways in which we can help them be more successful.

How has your experience been with our members? How have they responded to the classes and workshops you offer at the board? My experience with the members has been a great one! My team and I enjoy helping the members take their business to the next level. As a result from providing the tech workshops at the board we've had over 150 private tutoring classes and have agents come to our office daily for help with their online presence.
 

GLOBAL PERSPECTIVES
Senate to Take Up Controversial EB-5 Visa Program for Foreign Investors.

The State Department  reports  administering about 10,000 "green cards" through the program annually.  Fast-tracking of American citizenship for investors and their families has drawn another criticism - that the program is just one more perk for the privileged in an age of economic inequality. READ MORE

In the Global Economy, There's No Place Like U.S. Housing

Low mortgage rates, combined with positive employment and income net worth, are strengthening consumer balance sheets, improving housing affordability and boosting home prices. READ MORE
IMPORTANT DATES & INDUSTRY EVENTS
The Deadline for the Good Neighbor Award is Next Friday
The EBCBOR Good Neighbor Award will be presented to a REALTOR who has made extraordinary commitments to improving the quality of life in their local and/or global community through volunteer community service.
A Donation of $1000 will be made to the community service organization named on the entry form of the winner. Applications are due April 29th. DOWNLOAD APPLICATION
Real Estate Success Rocks Conference
Join  400 of the top agents in North America for what many say is the  best real estate conference of the year.  Timely content from industry leaders, excellent networking opportunities, and a great environment to learn, grow and have fun.
CLICK HERE To register with the discounted rate, NO PROMO code necessary. Early bird conference registration deadline is April 31st.  
2016 Broker Summit with Early Bird Pricing Extension 
The 2016 REALTOR Broker Summit will be held June 9-10 at the Denver Marriott City Center. Registration includes a cocktail reception, breakfast, refreshments, and the exclusive opportunity to network with peers from around the country. Early bird registration has been extended through April 22. REGISTER NOW

AFFILIATE PARTNERS
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Eastern Bergen County Board of REALTORS | 201.288.5000 | [email protected]