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Mid Jersey Association of REALTORS will be closed at 3 PM on Friday, August 30, and Monday, September 2, in observance of the Labor Day holiday.
We wish our members a happy and safe holiday weekend!
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New MJAR Information Hub about the
Consumer Protection Enhancement Act (CPEA) & NAR Practice Changes
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We've developed a new web page on the MJAR website containing valuable information you need to navigate the post-NAR settlement real estate industry.
The new page is your one-stop source, providing all the essential information to keep you informed and empowered about the Real Estate Consumer Protection Enhancement Act (CPEA) and the NAR practice changes. It's packed with resources from the National Association of REALTORS®, New Jersey REALTORS®, and Bright MLS.
Review the information on the webpage and use of the available resources to ensure compliance and protect your organization. The information will be updated as it becomes available, and we encourage you revisit it for frequent updates.
Don't forget to bookmark the webpage. You can also find the page on the MJAR website at www.MidJerseyAOR.com, in the "REALTOR Resources" menu.
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Stay updated on the latest legislation and happenings in Washington, D.C., and around the country
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REALTOR Party Mobile Alert
Want to receive the latest legislation information impacting your industry? Sign up for REALTOR® Party mobile alerts by texting REALTORS to 30644.
When a national or state legislative call for action is launched, subscribers get a short text message containing information to take action.
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NAR podcast, Advocacy Scoop
In just 20 minutes each month, listeners will better understand how NAR's advocacy operation works, its many successes, and how the advocacy team is faring on some of NAR's biggest legislative fights. Listen and subscribe here.
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NJ Legal Update with
Barry Goodman (In-Person)
Tuesday, October 1
10 AM
Continental Breakfast: 9:30 AM
Member Cost: $25
Non-Member Cost: $50
Mid Jersey Association of REALTORS® invites you to join Barry Goodman, Chief Counsel for the New Jersey REALTORS®, for an update on New
Jersey legal issues affecting all licensees. The session will be followed by a brief Q & A period. View the flyer here.
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Presenter:
Barry Goodman, Esq.
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Location:
The Pines Manor
2085 Lincoln Highway
Edison, NJ 08817
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For Office Principals &
Designated REALTORS® Only
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Presenter:
Conor J. Hennessey, Esq.
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Is your office ready for the
Consumer Protection Enhancement Act (CPEA) and the NAR Practice Changes?
Tuesday, September 24
10:30 AM - 12 PM
Cost: $5
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Join us for this virtual event exclusively for office principals with presenter Conor J. Hennessey, Esq., of Greenbaum, Rowe, Smith, Davis, LLP. We will discuss changes already underway and coming on August 17. A Q&A will follow the presentation.
This event is brought to you by the 2024 MJAR Office Principal Forum Task Force.
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The real estate market has ushered in significant changes, including the continued rise of fraud. Not only are you seeing more instances of seller impersonation personally, but your clients are also being targeted more aggressively. A recent survey of U.S. home buyers and sellers found that nearly 1 in 4 are potentially targeted during a closing, with 1 in 20 saying they fell victim.
According to the FBI, this type of crime has risen to $446M in reported losses annually. In this webinar, you'll learn how to better protect yourself and your clients. The following topics will be covered:
- The main types of fraud schemes, including a demonstration of how AI is used to manipulate your buyers
- Consumer expectations of their REALTORS®
- Red flags every agent should watch for, and resources to prevent fraudulent sellers and wires
- Immediate steps to take when you suspect fraud
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Limited Liability Company Rule Moves Forward
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The LLC rule to allow commission payments to be made to Limited Liability Companies, previously adopted by the Real Estate Commission, was published by the State of New Jersey in the NJ Register on August 19.The LLC rule changes will take effect six months from the NJ Register's publication date. We will notify members once the new regulations are officially in place. Read the NJ Register here.
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New Consumer Information
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Consumer Guide to Written Buyer Agreements
Share this new guide about wrtiten buyer agreements with your customers. Download the PDF here.
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Understanding the New Consumer Information Statement | In accordance with the Consumer Protection Enhancement Act (CPEA), the NJ RE Commission issued a revised Consumer Information Statement (CIS). It includes a new real estate business relationship called designated agency, and now the CIS must be signed in certain contexts. Watch the short video here with NJ REALTORS® General Counsel to learn more. | | |
Pathways to Professionalism
(Revised May 2023)
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The Code of Ethics and Standards of Practice of the National Association of REALTORS® establishes objective, enforceable ethical standards governing the professional conduct of REALTORS®. This list of suggested professional courtesies is meant to complement the Code of Ethics, may not be all-inclusive, and may be supplemented by local custom and practice. Learn more.
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Bright MLS Online Trainings
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MJAR offers an array of Bright MLS trainings on a variety of topics and levels. Visit the MJAR calendar here to view the webinars.
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ABR Photos
Thanks to all who attended last week's two-day Accredited Buyer’s Representative course and the Affiliate members who sponsored this MJAR event!
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Sign up for Two Safety Training Classes for the Price of One
Thursday, September, 12
Advanced Registration Fee: $10
Day of the Event: $20
*Space is Limited*
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Putting REALTOR® Safety First: Safety Strategies for
the Modern REALTOR® (C20200443), 1 CE credit
10:00 AM
Instructor: Christian Schlueter
REALTOR® Self Defense with Fastkix Taekwondo
(with an 8th Degree Black Belt)
Approximate Start Time: 11:00 AM
Instructor: Grandmaster Kevin Balon
Location: Mid Jersey Association of REALTORS® Headquarters
14 Old Bridge Turnpike, South River, 08882
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~ On the Same Day and Location ~ | |
September 12, from 11:00 AM - 2:00 PM
Gather your sensitive documents and bring them to be shredded onsite - free of charge. And then treat yourself to ice cream (it’s on us)!
View the flyer here.
This is a FREE Member Benefit for all MJAR Members and Affiliates!
****Bring your business card to shred for free.****
Location:
Mid Jersey Association of REALTORS® Headquarters
South River, NJ 08882
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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 Joanne@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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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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Golf Outing
Sponsored Content
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Vitale Inspections' Happy Smiles Foundation will hold its 3rd annual Golf Outing, benefiting the YWCA Breast Cancer Resource Center, on September 26, at the Mountain View Golf Course in Ewing. Engage with fellow golfers who share your passion for the game and the cause with prizes for top performers and participants. View the golfing brochure here.
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2024 Premier Affiliate Members | |
Affiliate Membership Application
Become an Affiliate member and take advantage of the opportunity to market your services to approximately 7,600+ members of the Mid Jersey Association of REALTORS®. Download the Affiliate membership application here. View MJAR's Affiliate Directory.
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