Weekly Newsletter

Tuesday, August 20, 2024

ASSOCIATION NEWS

Tomorrow! Register Today To Receive 20% Off!

Sip, Snack, Shop And Support The RCF!

Join This Special Event Where Proceeds Will Benefit GBR's

Charitable REALTORS® Care Foundation

R.S.V.P. to ssaperstein@stores.stuartweitzman.com

Don't Delay, Register Today! FREE For Members!

Stay Informed & Stay Ahead On Recent Real Estate Changes!

"Let's Talk" Navigating Compliance Changes With Practical Solutions Post-NAR Lawsuit

This course provides an overview of the National Association of REALTORS® (NAR) lawsuit and its impact on the real estate industry, focusing on disclosure and compliance issues. We will cover key changes such as the removal of compensation offers from MLS and the requirement for written agreements for buyer representation. Learn how these changes will affect market practices and regulations, and discover strategies to ensure legal compliance, mitigate risks, and stay competitive in the evolving market.

August 22, 2024

11:30AM - 12:30PM

Hybrid

FREE For Members | $20 Non-members

The RPAC Online Auction Is Now LIVE Through August 30th!

RPAC supports YOUR future as a REALTOR® and the real estate industry!

There are tons of ways to participate. Visit the online auction for gift cards, gift certificates, and more!

Reminder: A $100 RPAC Investment Earns 1 Circle of Excellence Point! What A DEAL!

VIEW AUCTION HERE

Earn Your Seller Representative Specialist (SRS) Designation In Just Two Days!

The foundation of the SRS course covers the core competencies of seller representation according to office policies, license law, and the Code of Ethics. You will have a comprehensive foundation of skill development, training, and resources to help you represent the interests of sellers in today's marketplace.

Students will learn to:

Understand and apply the Code of Ethics & Standards of Practice
Understand and comply with state license laws when representing sellers
Understand and apply methods, tools, and techniques to provide support and services that sellers want and need

September 12-13, 2024

9:00AM - 4:30PM

Pricing: ~~$200 For Members | $250 Non-members~~

EARLY BIRD PRICING: $175 For Members | $200 Non-members

Instructor: Rhoda Moss-Latimer

Credits: NJ 6 Ethics/6 Elective & NY 15 Hours

The Advocacy & Communications Committee Presents

GBR Open House: Committees, Curiosity, & Cocktails!

Join us for a meet and greet happy hour open house, right here at GBR Headquarters!

FREE exclusive member event! Are you a new member or a new REALTOR®?

Are you a long time GBR member looking to get more involved?

This event is for ALL members! Register today!

Network with your peers
Meet the Board of Directors & committee leaders
Learn ways to maximize your GBR membership
GBR trivia, raffles, and prizes!

September 19, 2024

4:00PM - 6:00PM

In-Person Only | GBR Headquarters

FREE Exclusively For Members

EXCLUSIVE GBR Member Benefit!

GBR is offering members a FREE subscription with HousingWire!

In a housing industry that is increasingly complex and interconnected, real estate leaders rely on HousingWire for the full picture. HousingWire provides housing leaders with a complete view of the housing market – including news, market data, housing research

& more!

Visit the Greater Bergen REALTORS® HousingWire page and click "Get Access" to enter your information and sign up today!

SNEAK PEEK

Plan Ahead For REALTOR® Safety Month! GBR Is Offering Exclusive Member Benefits All September Long!

FREE Class For A Core CE Credit! Register Today!

Putting REALTOR® Safety First: Safety Strategies For The Modern REALTOR®

This REALTOR® Safety Month exclusive FREE course is designed to instill safety awareness and habits as second nature so that real estate professionals—as well as their clients and customers—know how to avert or respond to dangerous situations and avoid harm as they practice their profession. This class is one hour with one core credit.

September 17, 2024

10:00AM - 11:00AM

Hybrid

FREE For Members

NEW! FREE FOR MEMBERS!

REALTOR® Self-Defense Class With The Kenney Protective Agency

This FREE REALTOR Self-Defense class is designed to show how a criminal sees a real estate agent as a potential target, how to dispel common safety myths, and educate students on how to avoid, defend, and escape these threats.

This class is being provided for FREE to GBR members as an exclusive benefit for REALTOR® Safety Month!

September 24, 2024

9:00AM - 12:00PM

*Optional Self-Defense Demonstration/Tips:

12:00PM - 1:00PM

In-Person Only

FREE For Members | $35 Non-Members

HEALTH & WELLNESS

The Health, Wellness, Safety Council Book Club Is Back!

Looking for some fun on your own or with friends? Find your perfect literary escape with the Health, Wellness, Safety Council Book Club! Register today to join!

Reading:

The Unthinkable: Who Survives When Disaster Strikes - And Why

By Amanda Ripley

Book Discussion Meeting:

Friday, September 20 (In-person or via Zoom)

Time: 10AM-12PM

GBR HIGHLIGHTS

The Community Service Committee Packs 300 Backpacks For Local Non-Profit Organizations To Donate To Children Across Northern New Jersey!

Last week, GBR's Community Service Committee dedicated volunteer members joined at GBR headquarters to pack 300 backpacks with school essentials including notebooks, pens, pencils, and other supplies to then distribute to three local non-profit organizations. This year marks the committee's 19th annual back-to-school backpack initiative; the yearly event is an opportunity to provide resources to children and families who need a helping hand as they prepare for a new school year.

This year the committee partnered with Northern New Jersey's Never Alone Again, Camp YDP, and Social Service Association Ridgewood, hand-delivering 100 backpacks each to the prospective organizations to then distribute to local children within their communities.

STATE NEWS

North Jersey City To See The Region's Third-Highest Number Of New Apartment Units In 2024

Some people prefer to have a luxury rental experience, defined by state-of-the-art amenities and shiny new finishes. And if this is your cup of tea, there's one North Jersey town that may have plenty of options offering everything you're looking for.

In RentCafe's annual Apartment Construction Report, analysts reviewed new apartment construction data for 369 U.S. metropolitan areas and uncovered which ones are expected to have the greatest number of new apartment units by the end of 2024.

Three other North Jersey cities also made the list for having the highest number of new apartment units expected to be completed in the New York metro area by the end of 2024. This includes No. 7 Hackensack, with 686 units; No. 8 Newark, with 592 units; and No. 10 Passaic, with 397 units.

Have You Been A REALTOR® For 25 Years Or More?

Honor Your Commitment To The Industry And Apply For New Jersey REALTORS® Quarter Century Club By September 27th!

Quarter Century Club Member Application Must be submitted to your local board/association no later than Friday, September 27, 2024. No Exceptions! The Quarter Century Club honors NJ REALTORS® members who have served as REALTOR® or REALTOR-ASSOCIATE® in New Jersey for 25 years or more.

Please contact Greater Bergen REALTORS® staff member:

Lori Palladino | lori@greaterbergenrealtors.com

APPLY HERE

NATIONAL NEWS

Nykia Wright Named Permanent CEO For The National Association Of REALTORS®

The National Association of REALTORS® (NAR) has named Nykia Wright its permanent Chief Executive Officer, effective immediately.

Wright, an executive with vast experience driving organizational transformation, has served in the interim CEO role since November 2023.

“I am thrilled Nykia is staying on board to lead us through this time of transformation,” said 2024 NAR President Kevin Sears, broker-associate of Sears Real Estate/Lamacchia Realty in Springfield, Mass. “She has been instrumental in leading us up to this point, and her unwavering commitment to our members makes her the ideal steward for guiding our association through the evolving real estate landscape."

GLOBAL PERSPECTIVES

Unlocking Global Opportunities

NAR Webinar About How REALTORS® Are Unlocking Global Opportunities In The Residential Real Estate Market

On July 31, 2024, NAR held a virtual webinar that provided findings from the 2024 International Transactions in U.S. Residential Real Estate report, and discussed how REALTORS® are unlocking global opportunities in the residential real estate market. The speakers were Stephanie Aker, manager of NAR Global Council Development & Engagement, and Matt Christopherson, director of NAR Business & Consumer Research.

The 18th Annual Global Real Estate Summit NYC Is Back!

Be Globally Minded In A Transformative Age

Join us at the 18th Annual Global Real Estate Summit NYC, a prestigious gathering hosted by 10 Regional, State and National REALTOR® Associations. The Global Summit is where industry leaders and top global practitioners convene to explore the latest trends and opportunities in the dynamic world of real estate.

November 5, 2024

Fordham University Lincoln Center Campus

113 W 60th Street, New York, NY 10023

TIPS FOR CONSUMERS/REALTORS®

Answering Your Clients’ Questions About Compensation

A written agreement is a prime opportunity to explain all the services you provide and the value you bring to the transaction. Keep in mind that selling the value of an intangible service, such as what you offer to buyers and sellers, may take extra thought, patience and explanation. “The buyer can’t line services up on a shelf and compare them the way we can when choosing among products, whether it’s cars or Lego sets,” says researcher Ann Mirabito, assistant professor of marketing at Baylor University.

First, make sure you’re armed with the right information at facts.realtor to accurately and fully explain the practice changes to your clients. Clearing any confusion they may have about the impact on the transaction is a good way to build trust and show value. You also need to explain and demonstrate your brand, which is the vehicle that drives your connection to consumers. Establish for your clients how you’re different from other agents in a way that matters to consumers, Mirabito suggests, and emphasize that difference in all your communication channels.

AFFILIATE SPOTLIGHT

Meet Affiliate Partner, Michael Mulholland!

Michael Mulholland is the Chief Inspector for Caveat Emptor Home Inspectors LLC. With thirteen years as a New Jersey Home Inspector, his entire career has been in the Home Improvement field.

Michael's approach is: Buyer wants to Buy. Seller wants to sell. Lets keep the deal together.

"I will take care of your clients.

I have some excellent online reviews to reflect this.

I would love to work with you."