June 30, 2020
Member News
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Navigating the Homes Sales Process: Mortgages 101  Join a panel of five experts for a webinar hosted by the CORE Association of Realtors' Young Professionals Network (YPN) Committee and intended for agents with three years or less in the business. 
Thursday, July 2 from 3 – 4 pm.   Register here.

  • After the webinar, you are invited to join a Virtual Happy Hour, where you will have the opportunity to ask the experts your questions and interact with others that are new to their real estate career. Registration is limited. Thursday, July 2, from 4 – 5 pm. Register here.
  • If you have any questions, please contact CORE Director of Education & Events, Craig Pantellere at craig@core-realtors.com.
Creating Super Agents - eKEY Showing Notifications   Watch video.
Waived Listing Fees  GSMLS is waiving the fee for new Middlesex County listings for the period June 1, 2020, through September 30, 2020. This listing fee waiver applies to listings located within Middlesex County (County C ode 21) and entered into the MLS system between June 1 and September 30. 

  • While GSMLS does not require the entry of Middlesex County listings, please remember that if you do enter a Middlesex County listing, you must maintain the listing just like you would any other. Maintaining the listing means that all changes to the listing (such as listing price, expiration date, status, etc.) must be updated in the MLS system.
Commercial Real Estate

Society of Industrial & Office Realtors: SIOR Releases its Snapshot Sentiment Survey June 2020 Results  This SIOR Snapshot Sentiment Survey was issued June 17-19 and asked members to assess the impact of COVID-19 on their current transactions and to provide their level of confidence in their local market six months from now.   View results.

NJBIZ: Gov Murphy Halts Planned Resumption of Indoor Dining at Restaurants  The Governor cited increasing numbers of cases in other states where eateries had been serving customers inside.  Read more.  

NJ.gov: Further Reopening Guidance  As New Jersey begins to reopen, we are working to keep you safe and up to date on the latest news and guidance. For more information, visit our  COVID-19 webpage . The latest happenings include:

NJBIZ: NJ Jobless Claims Creeping Back-Up, Federal, State Data Show  For the period ending June 20 more than 33,000 Residents filed for unemployment about 7,000 more than the week before  Read more

NJ Realtors May Monthly Housing Data  The data reveals the market is slowly returning to its normal volume after the state was shut down for almost the entire spring selling season.  View data here.  
Here's a snapshot of the single-family market:
  • Pending sales are down 9.1 percent since last May.
  • Year-to-date, the median sales price is up 9.5 percent to $339,500.
  • Closed sales are down 11.3 percent year-to-date.
Paycheck Protection Program (PPP) / Unemployment Assistance (UA)

NAR Has Created a New  Flyer   Learn how the P andemic Unemployment Assistance (PUA) and the Small Business Administration (SBA) programs - the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDLs) - interconnect. Check out all of the NAR Advocacy resources  here .
NAR: Realtor Benefits® Program

NAR’s Realtor Benefits® Program is the official member benefits resource for savings and special offers on products and services just for Realtors. Program Partners are industry leaders who understand the unique needs of real estate professionals and are committed to your success. Whether for your professional or personal needs, turn to the Realtor Benefits Program before you shop. Program categories are:
  • Personal Insurance
  • Electronics & Mobile Technology
  • Travel & Automotive
  • Risk Management
  • Marketing Resources
  • Office Supplies & Services
  • Technology Services
  • Transaction Management
  • Educational Tools
For more information, click here.
For the Realtors Insurance Marketplace, click here.

NAR: I'd Risk COVID-19 Exposure for My Ideal Home  A new survey shows how far buyers will go to find their dream space during a pandemic.  Read more.  

NAR: How Resilient is the Housing Market?  Real estate demand is making a comeback, and the rebound will provide continued support to home prices, says Freddie Mac's chief economist.  Read more.
NAR: 27% of Buyers Intend to Relocate  A migration to smaller metros is growing more evident as the pandemic continues.  Read more.

RISMedia: Is Now the Right Time to Upgrade Your License?  The uncertainty of the coronavirus pandemic can make it challenging to plan for... Read more.
RISMedia: Social Media a Powerful Tool for the Real Estate Business   Read more.  

NAR: Mortgage Rates Remain at All-Time Low  Greater affordability of loans is fueling a resurgence in the number of purchase applications.   Read more.

NAR: Second Homes Grow in Demand Among Luxury Buyers  Unlike prior downturns, the high-end market leads the recovery, a new report shows. Read more.  
NAR: Mortgage Applications 18% Higher Than Last Year  But there isn't enough inventory to satisfy pent-up housing demand after a sluggish spring selling season.  Read more.  
RISMedia: How to Approach In-Person Showings as Business Ramps up Post-Shutdown   As many states enter Phase 2 and 3 of reopening, many are predicting that a surge of listings will come to the...  Read more.  
RISMedia: Thoughts on Leadership - The Value of Pets  There's an unexpected resource I've leaned on throughout these complex times.  Read more.
NAR: Realtors Dental Insurance - Enjoy all of Summer with a Healthy Smile - When You're Covered!  Enjoy group rates and, as always, great customer service. These are the only dental plans designed exclusively for NAR members (families too), and all three plans feature 100% preventive in-network coverage. Enroll today for July coverage. For more information, call (877) 433-5845
NAR: Need New Frames? Realtors® Vision Insurance helps you see it all. Plans feature group rates and, as always, great customer service. These are the only vision plans designed exclusively for NAR members. You can cover your family as well. Plans start for as little as $12.70 per month, and designer options are covered. For more info, call (844) 316-8090. Learn more  here.  

The [still tentative] date of the  2020 CORE Circle of Excellence Breakfast, which will also include the Installation of 2021 Officers & Directors, is December 16  at The Palace in Somerset. Once the CORE offices in Trenton and Branchburg are reopened, and that date is scheduled to be determined soon, members who want to pick up their Circle of Excellence of Certificates or Awards will be able to do so. Watch our e-newsletter for updates!

Applications for Realtor Emeritus Status  A Realtor who has held membership in NAR for a cumulative period of 40 years as a Realtor, Realtor-Associate, or both, and who has served for at least one year at NAR is eligible for Realtor Emeritus status. Applications are due to your local association (CORE) no later than October 2, 2020. The service to NAR that qualifies is at least one full year as an NAR officer, director, committee member, Federal Political Coordinator, Global Ambassador, or Global Coordinator to a country with which NAR holds a reciprocal agreement. For more information and to view the application, click  here.  If you meet the requirements and are interested in applying, contact CORE Director of Finance & Operations Ashlee Carlson at  ashlee@core-realtors.com .

New Jersey REALTORS️ ® : Been a Realtor for 25 Years?  NJ REALTORS Quarter Century Club honors NJ REALTOR members who have served as Realtors or Realtor-Associates faithfully in New Jersey for 25 years or more. Applications are due to your local board/association no later than September 14, 2020.  Application here.

NJ REALTORS: Good Neighbor Award application is now available . The award recognizes three Realtors️ or Realtor-Associates who have made extraordinary commitments to improving the quality of life in their local and/or global communities through volunteer community service. The nominee's community work must have been conducted, started or completed between September 1, 2019 and August 31, 2020.

  • Three winners will be chosen and receive a grant for their charity of choice - $2,500 for first place, $1,500 for second place, and $1,000 for third place.
  • Deadline: September 18, 2020. Read about the 2019 winners here. Apply here.
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