MJAR's Listing Agreement has Been Updated
To comply with the terms of both the August 1st enactment of the New Jersey Consumer Protection Enhancement Act and the National Association of REALTORS® (NAR) anti-trust settlement, MJAR – through its legal counsel – has revised the MJAR Listing Agreement.
This form will not be available on ZipForms immediately. We will let our members know when the form is available on ZipForms. In the meantime, please use the updated Listing Agreement PDF available here.
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Real Estate Consumer Protection Enhancement Act Resources Now Available | |
New Jersey Realtors® held a Broker Briefing event on July 25 about the Real Estate Consumer Protection Enhancement Act, which goes into effect on August 1. The new law strengthens protections and transparency for consumers and real estate licensees, requires brokerage services agreements, mandates the Seller's Property Condition Disclosure Statement, introduces designated agency, and more.
The recording covers the new law, Buyer Agency Agreements, and more—click here to watch the recording now. For more information, click here to download the accompanying slide deck.
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Learn More? Visit njrealtor.com/cpea to download the document (via Zipform) that includes a brief explanation of the law and specifics about the types of agency. VIsit the CPEA Resource page here.
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Don't Miss NAR's free Webinars, for Members Only, about Navigating the Upcoming Practice Changes
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Join members of NAR’s Legal Affairs team to receive timely information regarding how the proposed class action settlement and the practice changes may impact your business and your clients, including:
- Timely updates on the settlement process
- What you can expect when the practice changes take effect
- Tips for answering consumer questions regarding class notices
- Tools and resources you can leverage to effectively navigate the practice changes and communicate accurate information to your consumers, clients and customers.
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These webinars will not be recorded, you must attend in person.
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View videos here explaining various elements of the settlement.
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Adopt a Duck and
Help a Child with Special Needs
MJAR's 2024 Community Service Committee Invites You to
Somerset Children's Center's Lucky Ducky Derby
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Saturday, August 17, 2024
11 AM - 4 PM | Duck race starts at 3:30 PM
Cost: Free to attend
View pricing to adopt a duck here. (You do not need to be present to win).
MJAR is proud to sponsor the Lucky Ducky Derby, presented by Somerset Children's Center. Join the Community Service Committee for a day of fun and philanthropy to support children with special needs. All proceeds go to Somerset Children's Center. Learn more here.
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Location for the Derby: Elm Street Neshanic Station Bridge | | | |
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Bright MLS
Special Presentation with
Dr. Lisa (In-Person)
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Thursday, August 29
9:30 AM - 12 PM
Cost: $5
Don't miss MJAR's in-person presentation by Bright MLS featuring Bright Chief Economist Dr. Lisa Sturtevant. Dr. Lisa will provide an update on the U.S. and New Jersey housing market, with an outlook for what to expect over the next six months. The presentation will cover key economic and demographic trends shaping the New Jersey market and discuss the potential impacts of the NAR settlement, presidential election, and other “wildcards” on the housing market.
Location: NJ REALTORS® Headquarters
10 Hamilton Avenue
Trenton, NJ 08611
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Take the ABR® Course for Free - Valued at $295 Sponsored by the National Association of REALTORS®
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Monday, August 19 &
Tuesday, August 20
Both Days: 9 AM – 4:30 PM
In-person attendance only; Virtual spots are now closed.
Breakfast & lunch are provided both days for in-person attendees
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This two-day NAR Accredited Buyer’s Representative 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. Attendance on both days is required for both in-person and virtual attendance. View and share the flyer with your colleagues.
This course is part of the requirements to earn the ABR® Designation. Earn 12 NJREC CE Ethics credits by completing this course.
Location: NJ Principals & Supervisors Association (NJPSA), FEA Conference Center, 12 Centre Drive, Monroe, NJ 08831
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Presenter: Patricia "Patty" Badia | | | |
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NJ Realtors® Fundraiser Game
Wednesday, August 14
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New Jersey Realtors® Housing Opportunity Foundation is hosting a fundraiser night at the Phillies game. Tickets are limited and a portion of your ticket is considered a charitable donation to support HOF's mission to foster safe and affordable housing in New Jersey. Secure your ticket here.
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New for 2024!
Are you committed to community service?
We want to hear about it!
Award recipient will receive $500 to the 501(c)3 charitable organization
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The Mid Jersey Association of REALTORS® Good Neighbor Award will be presented to one REALTOR® who has made an extraordinary commitment to improving the quality of life in their local and/or global communities through volunteer work benefiting a 501(c)3 nonprofit charitable organization. The community work must have been conducted between August 2023 to the present. For more information, download the nomination form below. | | |
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Current Cycle for Code of Ethics Training:
January 1, 2022 – December 31, 2024
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Check Your Code of Ethics Status here.
View the Code of Ethics course (free to members) below.
For information about Code of Ethics training tools and resources, click here.
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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.
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@MidJerseyAOR.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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Tuesday, September 10
9:30 AM - 12:30 PM
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Code of Ethics & The Fair Housing Act through MJAR
Free to Members
This 3-hour course fulfills the NAR Triennial requirement and NJREC Continuing Education requirements. Upon successful completion, students will gain an understanding of ethical real estate practices and the appropriate actions to take when ethical issues arise. The course also covers Federal and State Fair Housing guidelines.
NJRE: 2 Ethics Credits (C20202156)
NJRE: 1 Fair Housing Credit (C20202848)
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Insights for Crafting Competitive Offers
REALTORS Property Resource
Thursday, August 8 at 2 PM
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In this buyer-focused class, we’ll review RPR’s top tools for working with home purchasers. From reviewing a home’s features to understanding a home’s current market value to estimating a buyer’s monthly costs and more.
This 90-minute webinar will cover the following:
- Sharing a Buyer’s Checklist using Canva
- Adding notes and photos using the RPR app while touring a property
- Creating a Mortgage Calculator Report
- Conducting a detailed analysis of a property, including reviewing a property’s value, location, tax history, school information, etc.
- Understanding recent Market Trends
- Creating a Buyer CMA
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View a line up of free RPR classes for August here.
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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. | |
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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