October 27, 2018
EBCBOR EVENTS
EBCBOR Fall Broker Reception: Landlord Tenant Law
   
EBCBOR's Broker Council held their Fall Broker Reception at the Stony Hill in Hackensack this past Thursday. Brokers and office managers attended the event where keynote speaker, Derek D. Reed, Esq.spoke about landlord and tenant law, and what it encompasses. Some items addressed were, protected class under the Fair Housing Act, NJ Law against discrimination, hot button FHA issues, terminating a lease, just to name a few. This event's sponsors were Chase Bank and Triplerr. VIEW PHOTOS
YPN Cross Board Event: Halloween Escape!
   
Bergen County YPN, along with RealSource YPN and Passaic County YPN hosted their first Halloween cross board event this past Wednesday. Realtors and Industry professionals were put to the test with only 1 hour to work together and solve a series of puzzles and riddles, using clues, hints and strategies to escape. Once the escape room course was completed, participants were able to do some hatchet throwing to relieve the stress. Thank you to all who participated in putting this event together. A special thanks to EBCBOR sponsor Salvatore Ingui of Cross Country Mortgage for sponsoring this fun fall team building event!
INDUSTRY NEWS
Monthly Indicators: Single Family Median Sales goes up by 0.2 Percent
 
Hasbrouck Heights, NJ - Some economy observers are pointing to 2018 as the final period in a long string of sentences touting several happy years of buyer demand and sales excitement for the housing industry. Although residential real estate should continue along a mostly positive line for the rest of the year, rising prices and interest rates coupled with salary stagnation and a generational trend toward home purchase delay or even disinterest could create an environment of declining sales, according to the latest data from New Jersey Multiple Listing Services (NJMLS) and Hudson County Multiple Listing Service.


INDUSTRY EVENTS
WRC Presents: The Mindset & Skills of a Champion
   
Keri has mastered the art of Selling & Negotiating with over 3 Decades of Top Producing Sales in
Real Estate and Social Network Marketing. Keri concentrates on self-development as a lifestyle.
 
THURSDAY OCTOBER 25TH 2:00PM - 4:30PM
REALSOURCE ASSOCIATION OF REALTORS
5 FRANKILN TURNPIKE, WALDWICK NJ 07463


COMMUNITY SERVICE
ALL WRAPPED UP Holiday Giving Program
 
The Bergen Volunteer Center is proud once again to sponsor the All Wrapped Up Holiday Giving Program, which matches individuals and families in need with willing donors from the community. This program has proven an effective way to ensure that the neediest people are remembered at holiday time.

The Holiday Hotline officially opens Thursday, November 1, 2018.
At that time, Bergen Volunteer Center will begin matching donors with people referred by area agencies.


LEGISLATIVE NEWS
What REALTORS® Need to Know About the New Tax Law
 
In this video series, Evan Liddiard, Director of Federal Tax Policy for the National Association of REALTORS®, and Peter Baker of the Business Planning Group, provide an overview of 2018's new tax laws. The series offers guidance for individuals and families filing tax returns, the tax incentives of owning a home, as well as business tax changes for real estate professionals.


TECH TIPS
How to Optimize Your Videos for Social Media
 
With the rise of platforms such as YouTube, Instagram, and Snapchat, consumers expect more video from businesses to help them learn about products and discover new trends than ever before. This is especially true in the real estate world. In fact, 86 percent of home shoppers say they use video to learn more about a specific community, according to the Google & Complete Home Shopper Survey.


NEWS YOU COULD USE
The Makings of a Buyer's Market
 
Buyers are pulling back. Home prices have been rising too much relative to income for many would-be buyers to keep pace. Since 2011, the U.S. median home price has risen 55 percent while wages are up only 18 percent. Now, the Federal Reserve has become more aggressive against inflation; with several short-term interest rate increases over the past year and more likely on the horizon, mortgage rates are trending up.


2018 AFFILIATE PARTNERS



Eastern Bergen County Board of REALTORS | 201.288.5000 | communications@bergenboard.com
STAY CONNECTED: