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New Jersey Supreme Court Sides with New Jersey REALTORS®
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On Monday, the New Jersey Supreme Court issued a victorious decision for all New Jersey Realtors® in the James Kennedy, II vs. Weichert Co. case, which reversed and remanded to the trial court for an order dismissing Kennedy’s complaint.
This case was considering whether the independent contractor agreement between a broker and a salesperson excludes the salesperson from the Wage Payment Law, a statute that governs compensation paid to employees but does not apply to independent contractors.
The NJ Supreme Court decided that Kennedy “…who agreed in writing to affiliate with Weichert as an independent contractor, must accordingly be treated as an independent contractor.”
The court held that the written agreement is dispositive and defines the relationship between the broker and salesperson.
This decision is the result of a multi-year, multi-pronged lobbying effort to protect independent contractor status, led by the New Jersey Realtors®, for real estate licensees. Read the NJ Supreme Court's opinion here.
Read an article about the ruling here.
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MJAR Leadership Team at Hill Visits During
NAR's REALTORS® Legislative Meetings in D.C.
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Last week, members of the Mid Jersey Association of REALTORS® leadership team attended the annual Legislative Meetings in D.C. to talk with NJ State Representatives about issues related to real estate. | |
Members of the 2024 MJAR Leadership Team in D.C. (From L to R): Immediate Past President Judy Moriarty, Treasurer Kevin McPheeters, President Frank Glaush, Immediate Past President Felix Greco, and MJAR CEO Nicole Banbor. | |  |
MJAR Leadership Members with New Jersey REALTORS® Leadership Team at the Hill Visits. (First Row - from L to R ): Laura Castella; NJ REALTORS® CEO Jarrod Grasso; Tina Banasiak, MJAR President Frank Glaush, MJAR CEO Nicole Banbor, Robert White; (Second Row - From L to R): NJ REALTORS President Elect Kathy Morin; NJ REALTORS President Gloria Monk; Gloria Siciliano; Matt Amato; MJAR Treasurer Kevin McPheeters; MJAR Past Presidents Judy Moriarty and Felix Greco, and MJAR Director Lorraine Colavito. | | |
MJAR's 2024 Young Professional Network Committee
Invites You
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Wednesday, May 29
4:00 - 6:00 PM
Fee: $5; Includes One Drink Ticket and Appetizers
Immerse yourself in a lively atmosphere where you can engage in conversations, share experiences, and gain valuable insights from fellow MJAR members who are making their mark in various fields. 25% of Gusto Grill’s proceeds go to the local Make-a-Wish and Embrace Kids Foundation.
Share the flyer with collegues and agents here.
Location:
Gusto Grill, 1050 NJ-18, East Brunswick, NJ 08816
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Take the ABR® Course for Free
Tuesday, June 11 &
Wednesday, June 12
9 AM - 5 PM
Light Breakfast & Lunch Provided
Both Days
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This two-day in-person Accredited Buyer’s Representative (ABR®) Designation course focuses on key information and skills you need today when working with buyers, so you can be prepared to articulate and demonstrate your value and help buyers understand written buyer representation agreements. Light breakfast and lunch will be provided both days. View the flyer here.
Attendance on both days is required.
Earn 12 NJREC CE Ethics Credits by completing this course (code: C20161033). Current cycle for the Code of Ethics training:
January 1, 2022 -December 31, 2024.
This course is part of the requirements to earn the ABR® Designation.
Learn more here.
Location:
Mid Jersey Association of REALTORS® (South River Headquarters)
14 Old Bridge Turnpike (Training Room)
South River, NJ 08882
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Tuesday, June 18
10 AM – 12:30 PM
In-Person Attendance wil be at the MJAR Branchburg Office
No Cost to Attend
Assorted Hot Breakfast Sandwiches and Light Fare
This Event May Be Attended Virtually or In Person
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This MJAR Brunch & Learn will empower Realtors® with knowledge about affordable housing, lending products, and resources to help buyers across the Garden State. Attendees will gain the necessary tools and resources to assist first-time homebuyers and low—and moderate-income borrowers obtain affordable mortgages. This hybrid event is free to members.
Location:
Mid Jersey Association of REALTORS® (Branchburg Office)
3461 US Highway 22 East, Building B
Hunterdon Somerset Professional Park
Branchburg, NJ 08876
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You're Invited to a
Movie Screening of
The Banker
Brought to you by the
2024 MJAR DEI Committee
Thursday, June 20
11 AM - 1 PM
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Cost to Attend: $5 in support of
MJAR's DEI educational initiatives.
MJAR's DEI Committee invites you to a movie screening of
The Banker (2020) followed by a discussion.
Inspired by true events, the story follows Joe Morris (Samuel L. Jackson) and Bernard Garrett (Anthony Mackie), two of the first African-American bankers in the United States. Two revolutionary businessmen devise an audacious and risky plan to take on the racially oppressive establishment of the 1960s by hiring a working-class white man to pretend to be the head of their business empire while posing as a janitor and chauffeur.
Movie time: 2 hours.
Location:
Rutgers Cinema, 105 Joyce Kilmer Ave, Piscataway, NJ 08854
Parking located behind building in Lot 112A
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New Member Orientation
Presented by MJAR
Thursday, May 23, 2024
10 AM - 11 AM
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The National Association of REALTORS® requires all new members to attend a New Member Orientation. This virtual program educates new members on the benefits of their REALTOR® membership and includes valuable information for their success. Speaker: David Sweeney | |
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Circle of Excellence Awards Pick Up
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If you have not picked up your Circle of Excellence Award plaque, certificate, or plates from one of the MJAR office, please ensure you make arrangements to pick up your award soon. Awards have been organized by REALTOR® office and will be held at the MJAR office closest to your REALTOR® office. Please call ahead at (732) 442-3400 so we can be prepared with your award prior to your arrival.
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Directors Approve Dues Level,
Elect 2025 Leadership & More
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At its May 9 meeting, the National Association of REALTORS® Board of Directors voted to keep NAR dues at $156 per member for 2025.
In a report from NAR Treasurer Greg Hrabcak, directors learned that as of April 30, “membership is tracking favorably to plan and increasing each month.” (See “Keeping Tabs on NAR’s Membership.”)
In addition, Hrabcak reported, the association has received an unqualified opinion from its auditor, Grant Thornton, on combined financial statements, including NAR, its subsidiaries, and its affiliated institutes, societies and councils.
Professional Standards
Directors approved three recommendations from the Professional Standards Committee, an amendment to Article 4 of the Code of Ethics and new Standards of Practice 4-1 and 4-2—designed to ensure the Code provides further clarity on conflicts of interest and protects buyers, sellers, lessors and lessees. The amendments will take effect on Jan. 1, 2025, if they are approved by the NAR Delegate Body in November. Read more.
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Agreement Buyer Agency Form | |
The updated Agreement form is available on zipForm here.
If you missed the briefing with New Jersey Realtors® legal Counsel regarding the review of the new agreement, you can view a recording here.
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NAR's Lawsuit Settlement Resources | To help address frequently asked questions and support your ongoing conversations about NAR's Legal Settlement, visit facts.realtor. You no longer have to log in to this site. | |
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NJ REALTORS®
Legal Library
| Do you have a legal question? Browse NJ REALTORS® ’ Legal Library’s database of previously asked questions or post a question of your own—you’ll be notified once a response is posted in the library. Access the Legal Library here. | | |
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Submit Your Code of Ethics Certificate of Completion If you have completed your ethics course for this CE cycle, please submit your certificate of completion to info@core-realtors.com so MJAR can update your record with the National Association of REALTORS® to reflect your completion of the triennial Code of Ethics requirement.
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Current Cycle for Code of Ethics Training:
January 1, 2022 – December 31, 2024
REALTORS® are required to complete ethics training of not less than 2 hours and 30 minutes of instructional time. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. Note: NAR Code of Ethics training cycles run on a triennial basis.
Check your Code of Ethics status here. For information about Code of Ethics training tools and resources, click here.
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Quarter Century Club
Applications Open
Apply by September 27
| The Quarter Century Club honors NJ Realtor members who have served as Realtors or Realtor-Associates faithfully in New Jersey for 25 years or more. The deadline to apply is September 27, 2024. View the application here. | | |
Finish Your CE with Ease
Save 30% Off in May
It’s time to boss up and quit putting off completing your CE requirements. The online courses from The CE Shop are designed to build your skills as an agent and boost your career. The best part? You can take them when it is best for you! Save 30 percent off Continuing Education courses this month. Enter promo code ELEVATE at checkout.
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New Supra eKEY
Forgot PIN Feature
| The new eKEY Forgot PIN feature enables keyholders to reset their eKEY PIN code if they forget what it is. The feature is handy for keyholders who infrequently use their Supra key, such as Managed Access users. Users can reset their PIN when their key is already authorized or during the Request Authorization Code process. Download the quick guide here. | |
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2024 Premier Affiliate Members | |
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Affiliate Membership Application
Become an Affiliate member and take advantage of the opportunity to market your services to approximately 7,800+ members of the Mid Jersey Association of REALTORS® . Download the Affiliate membership application here.
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