Low mortgage rates, job growth, and income expansion will continue to support higher sales, says NAR’s chief economist.
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At this time of year, it’s common for agents to pull a listing off the market for extended periods of time, while the seller enjoys the holidays or does renovations/changes in preparation for the spring. These listings are typically placed in the Withdrawn status, which means the listing agent still has a valid listing agreement in place. You should
never
prospect Withdrawn listings, as it may put you in violation of Bright’s rules, the code of ethics, and state regulations.
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Congress just extended the National Flood Insurance Program (NFIP) through Dec. 20 avoiding a lapse, and the President signed the bill. The NFIP is being extended as part of the Continuing Resolution (CR) to keep the government operating while Congress works on 2020 appropriations measures over the next month. Now that NFIP is attached to the CR, there is less chance of a lapse in December; nevertheless, NAR will keep fighting for a long-term reauthorization measure. We'll keep you posted. Stay tuned.
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Check your email for a link to pay your Realtors dues online. Instructions on how to pay Realtor dues online can be found
here
.
Note: Affiliate members will receive their 2020 dues bills later this month. No increase in member dues for 2020.
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The
application
for New Jersey Realtors Circle of Excellence Sales Award is now open. Completed applications and payments must be submitted, with verification material, to your local board (CORE: Trenton or Branchburg Office) by close of business on Monday, Jan. 6, 2020.
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On Nov. 19, CORE held an Office Principals Forum on the topic of Realtor Cooperation in Today's World. The event, sponsored by Bright MLS, featured several distinguished guests, including Bright MLS CEO Brian Donnellan and renowned instructor Diane Disbrow, who led a two-hour interactive discussion. Attendees learned about new policies from the National Association of Realtors and Bright MLS regarding Realtor cooperation, which is Article 3 of the Realtor Code of Ethics, the basis of the Multiple Listing Service.
CLICK HERE
for a NAR Policy and Bright Policy comparison.
CLICK HERE
to read more about MLS Clear Cooperation Policy. Garden State MLS is now studying NAR's new policy and is expected to announce its plans on a cooperation policy soon.
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CORE is pleased to report that our annual Thanksgiving Drive was a tremendous success. More than 90 baskets and 85 care packages were collected for GI Go, Soldier On, Homefront, the Samaritan Homeless Interim Program (SHIP), and the soldiers of the 254th Regiment of the New Jersey Army National Guard. A huge thank you goes out to all who donated. You have all, without a doubt, made the holiday much brighter for so many soldiers, struggling veterans, and less fortunate men and women.
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Please join us for our holiday event! Catch up with old friends, meet new ones, thank our outgoing 2019 leaders, and welcome our new 2020 leadership. There will be an open bar from 11:30 a.m. to 12:30 p.m., with a program and lunch to follow.
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'Tis the Season for Giving
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CORE is collecting socks, blankets & gift cards for the less fortunate this holiday season. For gift cards, we are suggesting $5 to a fast food restaurant (McDonald, Burger King, Dunkin Donuts, etc.). All donations will benefit Homefront and the Samaritan Homeless Interim Program (SHIP).
Please drop your donations off at the Branchburg or Trenton office before
December 9
.
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