April 8, 2021
Member News

Our Condolences We are saddened to announce that CORE member John Lamb, a broker with Stockton Real Estate in Princeton since 1990, passed away Wednesday, March 31, from COVID-19. His family will hold a private gathering. We offer our condolences to his family, friends, and colleagues.

Continuing Education (CE)
NJ Realtors: New Fair Housing CE Requirement On April 6, the
NJ Real Estate Commission (NJREC) declared that all licensees are required to complete the Fair Housing continuing education (CE) requirement to renew their license. The NJREC has waived the $200 processing fee (late fee) until May 31 and has extended the current CE cycle to complete all NJ CE requirements until July 19. Make sure you complete ALL of your NJ CE requirements before May 31 to avoid a late fee of $200.
  • To track your CE credits or check that you have met all your CE requirements, go to PSI CE Tracking. If you have any concerns or questions about your CE credits, email ce@psionline.com.

Please be advised that New Jersey Realtors offers a one-hour, no-cost CE class, “Complying with the Fair Housing Act". Register here for the class – you will need to log into ACE to find the class. 
NJR EDUCADE - Last Days! As a way for members to finish up their NJ CE credit requirement prior to the April 30 CE deadline, NJ Realtors is offering NJR EDUCADE,
April 6 - 9. EDUCADE consists of virtual sessions, totaling 12 CE credits, including ethics, fair housing, financial literacy, technology, first time home buyer opportunities, legal issues, low inventory markets, and more. Member fee is $21 for all classes. Register here.

Help Members Combat Discrimination Promote fairness, equal opportunity, and professional integrity by taking Fairhaven, NAR’s no-cost fair housing training simulation. It uses storytelling to help members identify, prevent, and address discriminatory practices in real estate. Register now.


Mercer County: Free Financial Coaching United Way of Greater Mercer County has partnered with GreenPath Financial Wellness, a nonprofit organization, to provide financial coaching and debt management services at no cost to families in Mercer County struggling to make ends meet amid COVID-19. To access the financial coaching service or schedule a free financial coaching session, click here or call (844) 214-7491.

Mercer County: Document Shredding Event Mercer County residents only. 641 South Broad Street/ Lot 4 (across from the Mercer Co. Admin Bldg). Saturday, April 10, from 9 am to Noon. For more info, click here.

Somerset County Business Partnership's 49th Annual Robert G. Ransone Memorial Golf Classic Registration will open at 8:30 am and a boxed breakfast will be provided to all golfers. The shotgun start is at 10 am. Additional refreshments and lunch will be provided at the Halfway House. A light snack will be provided to you on your way out. Tuesday, May 11, NJ National Golf Club in Basking Ridge. For more info and to register, click here.

Somerset County: The 38th New Jersey Lottery Festival of Ballooning is scheduled for July 23-25 at Solberg Airport in Readington.


Spring has sprung! As you prepare for a busy spring real estate market season, make sure you have Showing Notifications enabled to receive real-time showing information on your listings. View the video. 

Bright MLS

Weekly Market Update: For the final week of March, for every 111 new pending home sales, there were only 100 new listings, as demand continues to outpace supply. Get more stats in Bright MLS's Weekly Reports here. The Weekly Market Report for the week ending April 4 is available now here.

Bright MLS Home Demand Index The future of real estate market statistics has begun and is now in your hands. See the new report here. 

Pre-recorded Webinar: Make the Most of the Bright MLS T3 Home Demand Index Learn how to use the Home Demand Index for marketing and prospecting. This new feature and the 30-minute webinar are included with your Bright subscription. To view the recording, click here. 

Commercial Real Estate

NAR: The Truth About 1031s With some calling for the repeal of like-kind exchanges, practitioners show how the misunderstood provision can be a boon for communities. Read more. 


Listen to NARs award-winning Center for REALTOR® Development podcast! Check out Episode 53: Photography and Selling Houses Sight Unseen as Brian Copeland shares tips on creating great photos for listings. Listen now.

Issues logging in or viewing your credits? Click the button above to Contact PSI directly.
To view a list of FAQs, click the button above.
Post your legal questions to legal.njrealtor.com and you'll receive a notification when an answer is posted. Also, browse other legal questions & answers.
New Jersey

Everyone 16 and Up Eligible for Vaccination April 19 All New Jerseyans age 16 and older will be eligible for COVID-19 vaccination beginning April 19, two weeks earlier than the state had initially planned. To view a list of who’s eligible for vaccinations now, click here.  
NJ.Com: NJ Loosens COVID Travel Restrictions Governor Murphy announced that NJ is changing its travel and quarantine guidelines to reflect new recommendations from the Centers for Disease Control and Prevention. Read more.

NAR: Supreme Court Offers Clarity on Cell Phones and Marketing In a unanimous ruling, the court explained that calls and texts made without using random or sequential dialing technology are excluded from restrictions of the Telephone Consumer Protection Act. Read more. 

NAR Launches New Fair Housing Resources Promote your company’s commitment to anti-discrimination, and share educational resources with agents. Read more. 
NAR: “Sight Unseen” Offers Pose Legal Risks With some buyers purchasing homes from afar, what happens if the property doesn’t meet their real-life expectations? NAR’s legal team has some advice to limit surprises.

NAR: Make Your Spring Listing Shine with Updated Style Homes are selling quickly, but buyers still want a move-in-ready property that fits today's styles. Read more.

Homeless Man Becomes First Person to Live in 3D Printed House Read more. 

Save this information from the NJ Real Estate Commission: