Thanks to all who attended CORE's NJ Realtors Circle of Excellence Celebration Event on Tuesday! To view the photos taken at the event, connect with us on our Facebook page. Don't forget to "Like us"! Congratulations to all the winners!
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CORE's Education Courses Start Today - April 29! Start your CE courses early with our virtual, live-instructor classes. The deadline to complete your continuing education requirements is just one year away. The current New Jersey real estate license CE requirements are due by April 30, 2023, to avoid a late fee from the NJ Real Estate Commission. Visit the CORE calendar to see the wide array of CORE's CE offerings.
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Hunterdon County: Church Annex to Become NJ County’s First Homeless Shelter for Families in Need A mother with a two-week-old baby struggling financially. A family forced to live in a car since December. Another displaced by a fire that tore through their complex last fall. Read more.
Hunterdon County: 7th Annual Golf Outing For Binnacle House Participation in the golf outing includes: lunch, golf, beverage cart on course, cocktail hour, dinner, and prizes. Online registration will close at noon on June 20. After that time, you may call Lawrence Brooks at (973) 207-2880 to check availability. Stanton Ridge Golf & County Club in Whitehouse Station. Monday, June 27, from 10:30 am - 7 pm. Register here.
Mercer County: Ribbon Cutting Ceremony Held to Open Bridge Replacement County officials and the Mercer County Department of Transportation and Infrastructure today reopened the bridge carrying an abandoned railroad trail over Parkside Avenue in the City of Trenton. Officially known as Bridge #180.1. The structure is located between Oak Lane and Oakland Street. Read more.
Somerset County: 'A Main Street Type of Feel': Branchburg Considers New Vision for Route 28 With hundreds of apartments being built along Route 22 and the possibility that Raritan Valley Community College might one day have dorms, the township Planning Board will be pondering a vision for the Route 22-28 corridor that is "way different than what we're used to." Read more.
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Continuing Education (CE)
Multiple Offers - Be Prepared - CORE Live-Instructor Virtual Course Current changes in the market are placing licensees more often in multiple offer situations. In this class, attendees will obtain a good understanding of the legal requirements and ethical issues to reduce risks and better protect clients. Wednesday, May 18, from 9:30 am - 12:30 pm. Instructor: Isabelle Perkins. Cost: $35.00. 3 Core Credits. Register here.
Code of Ethics & The Fair Housing Act - CORE Live-Instructor Virtual Course This 3-hour course will satisfy the NAR requirement and the NJ Continuing Education requirement. Upon successfully completing this course, students will understand how to practice real estate in the most ethical way possible and the actions taken when ethics are in question. In addition to the ethics component, the course will also review both the Federal and State Fair Housing guidelines to ensure equal housing opportunities for all. Tuesday, May 24, from 9:30 am - 12:30 pm. Instructor: Eileen Cahill. Cost: $35.00. 2 Ethics Credits, 1 Fair Housing Credit. Register here.
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GSMLS
Update to Permanently Withdrawn Status - Conditional & Release/Unconditional Release Beginning Tuesday, April 26, GSMLS will replace the current "W" code used for a permanently withdrawn listing with two different codes – "WC" for a permanently withdrawn listing that has been conditionally released and "WU" for a permanently withdrawn listing that has been unconditionally released. A new Permanent Withdrawal Agreement is available here. Listings that have already been permanently withdrawn from the MLS system will continue to be identified as Withdrawn ("W") and will not be updatable. Searching of properties will continue to support searching for permanently withdrawn listings using the "W" code and will support searching using the "WC" and "WU" codes. Listing agents, please note: The listing broker must sign the Permanent Withdrawal Agreement since the listing broker (i) must agree to permanently withdraw a listing and (ii) decide the type of release to grant/what additional agreement may be needed from the property owner/landlord. Please be sure to discuss these issues with your listing broker.
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CORE's SUPRA Reciprocities CORE has reciprocity with most SUPRA providers in NJ, meaning you don't always need to pay for another key to get access. See a list of CORE's reciprocities here and activate yours today!
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NJ Realtors: Updated Seller Property Condition Disclosure Statement Governor Murphy signed A-2685 into law which requires that when a seller discloses awareness of water leakage, dampness, the presence of mold, and more on the property disclosure form, buyers must be provided with the New Jersey Department of Health's mold guidelines. To comply with the law, which takes effect on May 1, NJ Realtors updated form #140 in its zipForm Library. View the form here.
NJ.com: Thousands Who Drank Water Tainted by 'Forever Chemicals' Can Join Class Action Suit Against NJ Company A lawsuit filed against a New Jersey water company over too-high levels of "forever chemicals" has been granted class-action status, a judge in Middlesex County ruled. Read more.
NJ.com: NJ Turnpike Authority has a $36 Million Gift for E-ZPass Customers That transaction comes as officials said Turnpike traffic volume has increased by 14 percent and toll revenue was up 17 percent in the first three months of 2022, compared to the same time in 2021. Read more.
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NAR: Next Steps in Class-Action Suit Over Buyer's Rep Compensation In 2019, the National Association of Realtors and four corporate defendants were sued in class-action lawsuits filed in Missouri and Illinois alleging that home sellers have been damaged because their listing broker compensates the buyer's representative. These lawsuits claim that various NAR rules and members' adherence to those rules have led to artificially fixed and inflated commissions being paid to real estate professionals. Read more.
NAR: Realtors See Sharp Increase in Homes with Green Features Half of the agents and brokers surveyed said they helped a client buy or sell a property with green features during the past 12 months, a notable jump compared to 32 percent in 2021, according to a recent study from the National Association of Realtors. Read more. You can also download a PDF copy of the report here.
Real Trends: Court Revives Challenge to Pocket Listings Ban An appellate panel ruled there's a credible argument that NAR is unlawfully squeezing out competitors. Read more.
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NAR: The Good Neighbor Application Deadline is Quickly Approaching! NAR's Good Neighbor Awards recognize Realtors who make an extraordinary impact on their communities through volunteer work. The deadline to apply is May 2. Learn more.
Yahoo Money: Some Americans are House Hacking Their Way to Homeownership and Rent-Free Living After calculating numbers on single-family homes, Christopher Lynch decided a $2,200 monthly mortgage payment wouldn't work for him, but he knew he wanted to own a home and build equity. Read more.
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FEMA: National Flood Insurance Program
Quick Resources
General Information on the NFIP
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Save this information from the NJ Real Estate Commission:
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