IMPORTANT NOTICE FROM THE NJ REC

   "Do's and Dont's" for Unlicensed Assistants Updated

 

Unlicensed assistants and support staff are valuable employees in a real estate office. 

The REC has reviewed an earlier publication of the "Dos and Don'ts" of unlicensed assistants and support staff and believes these guidelines bear repeating to enable licensees and unlicensed individuals to avoid potential violations. The NJ REC has provided a list of permitted or prohibited activities intended to offer reasonable guidelines for licensees to follow.

 

 

INDUSTRY NEWS
  • MOVE Inc. is Ready to take on Zillow-Truila

    • Following the Zillow-Trulia announcement, Move released a statement saying, "2015 will mark Zillow's year of the merge and realtor.com�'s year of the surge." Zillow finalized its acquisition of Trulia Inc. for $2.5 billion in a stock-for-stock transaction Tuesday. The acquisition forms Zillow Group Inc., which also houses New York-based StreetEasy and rental search brand HotPads. The company faces increased competition now that realtor.com�'s operator has the force of News Corp behind it.

       

  • 13 Major Development Projects that Could Dramatically Change NJ's Skyline
    • The state has recently seen an uptick in new residential construction, especially along the northeastern coast.

      The Modern in Fort Lee is on this list, check out the others!

  • Hackensack's Grand Plan Starting to Take Shape
    • Nearly three years after local officials adopted a plan to rehabilitate Hackensack's ailing downtown, those efforts are now starting to take shape in the onetime epicenter of Bergen County.  A great example is the growing pipeline of multifamily residential development, which experts say is a prerequisite to attracting new commercial tenants. One project is nearing completion - a 222-unit development on State Street by Capodagli Property Co. Two other sites slated for more than 700 apartments are fully approved for construction.
TECH TIPS

RPR Launches Free App for REALTORS� ! 

What is RPR Mobile?
What is RPR Mobile?

 

Instantly view any nearby property and get listing, sales, valuation, assessment, deed, foreclosure, school stats and market trends - all on your phone. Then easily create, customize, and send RPR's full library of reports. 

 

All this at no cost! RPR is exclusively for REALTORS� and is 100% covered by your NAR member dues. READ MORE

 

LEGISLATIVE & POLITICAL AFFAIRS

Local Officials Try to Stop Pipeline

 

Lawmakers are trying to make it more difficult for a company to build a controversial oil pipeline through northern New Jersey by requiring state approval before the company can acquire private property through eminent domain.

Bills were introduced this week in the state Legislature that would require Pilgrim Pipeline to get permission from the state Board of Public Utilities before homeowners could be forced to sell land for the proposed pipeline, which may cut through parts of Bergen, Passaic and Morris counties. READ MORE

 

FHA Launches 2015 Homebuyer 'Care Package'

 

After several years of lackluster participation in the housing market, first-time homebuyers are getting a boost from the Federal Housing Administration (FHA) this year.

Last year, the percentage of homes sold to first-time buyers remained at 29 percent for the second straight year
, which represented that demographic's lowest market share since 1987, according to a study from the National Association of Realtors (NAR). In addition, overall existing-home sales dropped 3.1 percent from 2013, although median home prices increased to their highest level since 2007.  READ MORE

 

JOIN US IN WASHINGTON D.C.

Registration is Now Open for the REALTORS� Legislative Meetings & Trade Expo May 11-16, 2015! 

 

The REALTORS� Legislative Meetings & Trade Expo is where NAR members take an active role to advance the real estate industry, public policy and the association. Join us in Washington, DC, for special issues forums, committee meetings, legislative activities and the industry trade show. Register Now

 

GLOBAL PERSPECTIVES

High and Low Context Cultures- Developing Cultural Fluency

 

While no one wants to be the subject of a statement like, "he's such a typical...." the concept of high and low context cultures help us generalize about the traits of individuals within a group.  This concept can help us adapt our business behavior when we are first getting to know a new client.  Even first- generation and second-generation offspring of immigrants may still be immersed in their parents' culture.  They may expect and/or appreciate real estate professionals' sensitivity to cultural preferences.  However, the more time you invest in the relationship, the more you will know how to best adapt your behavior to suit the needs of your individual clients.  READ MORE

 
In This Issue


 

Placester offers exclusive discounted pricing to NAR members on real estate websites with beautiful mobile-ready designs and hassle-free hosting. Their turn-key solution includes everything you need for your online presence including quick setup and personalization, without the need for technical or programming skills. Placester offers complete IDX solutions through active relationships with 95% of MLS's across the United States, and can integrate MLS listings into most websites. Read More

 

 

Great Deals From Lenovo

Take advantage of exceptional deals up to 25% off on Lenovo's award-winning ThinkPad� notebooks; highly acclaimed IdeaPad multimedia notebooks; IdeaCentre and ThinkCentre desktops; and accessories.

 

Purchase Lenovo's award-winning products at www.lenovo.com/NAR, or by calling 800-426-7235, extension 4827 to speak to a Lenovo sales associate. Need help with your configuration? Just ask the sales associate for assistance.

CLICK HERE FOR MORE




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