July 7, 2020
Member News
" Like Us on Facebook and Share

Triple Play Cancelled   With the cancellation of the 2020 Triple Play Three-State REALTOR® Conference and Trade Expo (NJ, NY, PA) due to Covid-19, you may be wondering how you will complete your New Jersey CE requirements. Please be assured that CORE is here to support our members with plans to provide a variety of continuing education classes to meet your New Jersey CE requirements before the deadline of April 30, 2021. Read more.

NAR Realtors Property Resource (RPR): How Will You Work with Buyers in the Future? Virtual Solutions for a Virtual World
Join us as we discuss the current climate for buyers. Some experts think consumers will continue to demand more virtual showings in the future. Our panel of experts will discuss how they have been handling working with buyers over the last few months.
Thursday, July 9 at 12 pm ET. RSVP now

Bright MLS

Online Application Processes for Personal Assistants/Office Secretaries To make the process easier for Brokers and Appraisers to approve and have their assistants access Bright MLS, Bright automated the application process. Now personal assistants and office secretaries/admin can submit an application to join or reactivate their subscription online from Bright. To learn more, watch this video.
Virtual Tools to Keep Clients safe in the Market with New Home Source Pro
During this webinar, you will learn how you can search for new construction homes, post them directly to your social media accounts, partner with builders, and more virtually with NHS Pro.  Wednesday, July 8 at 12 - 1 pm . Register now.
Commercial Real Estate

Society of Industrial & Office Realtors (SIOR): Economic Outlook for CRE We live in a new world now. Just like after 9/11, life will change dramatically. The recovery will happen, but it will be uneven across the country. Dr. Mark Dotzour will discuss the economic outlook for real estate investors and decision makers.
Topics will include:
  • Investor demand for CRE and the outlook for cap rates and borrowing rates.
  • Will the exploding debt result in higher rates of inflation?
  • What signals are the stock and bond market providing? Dotzour's goal, as always, is to try to make sense of the complex moving parts that impact the commercial real estate market in the US. July 14 at 11 am. Register here.

NAR: Developers Adapt to Drive-Thru Events, Virtual Launch Parties Commercial and residential companies are finding new, safe ways to attract real estate brokers to their projects.  Read more .

SIOR Webinar: Technologies That Keep You and Your Clients Safe at Work The Coronavirus has brought about many changes to commercial real estate in just a few short months. While certain office tenants have enjoyed the enforced remote working experiment, others are now fully engaged in getting their team back to their offices as quickly and as safely as possible.
Over the course of the webinar we will look at:
  • Technologies from different regions that are providing innovative ways to help provide safer working environments;
  • Technologies that were already in place but have been adopted at a faster pace due to the pandemic; and
  • Some of the new technologies that have been created during the pandemic.
Thursday, July 30 at 11 am - 12 pm . Register here.

NJ Real Estate License Testing The NJ Real Estate Commission just announced that PSI has now received approval to resume license testing for real estate in NJ as of July 1, 2020.

NJ.com: Governor Murphy Hitting Pause on Reopening NJ as Coronavirus Rate of Transmission Rises The Governor said Monday he’s pumping the brakes on New Jersey’s gradual reopening from months of coronavirus lockdown orders after the state’s  rate of transmission  rose above the key mark 1 for the first time in 10 weeks. Read more.

NJ.com: Need Help Paying the Rent? NJ’s $100M Rental Aid Program Just Opened. Here’s How To Apply (UPDATED) Struggling New Jersey residents seeking rental relief can apply for the state’s $100 million rental assistance program beginning July 6. The  Covid-19 Emergency Rental Assistance Program  will provide up to six months of emergency rental assistance to low- and moderate-income households that have been affected by coronavirus, which has left more than 1 in 4 New Jerseyans unemployed and thousands unable to pay their rent. Read more.
Paycheck Protection Program (PPP) / Unemployment Assistance (UA)

Forbes: President Signs PPP Extension On July 4, the President signed into law a bill extending the Paycheck Protection Program (PPP)—an emergency federal loan facility for small businesses struggling because of the pandemic—for another five weeks until August 8, 2020. Read more .

The National Association of REALTORS ®  (NAR) has been helping members with  guides and instructional videos . Recently, a new shorter EZ application loan forgiveness form was released by the Small Business Administration, and full forgiveness was granted to independent contractors and sole proprietors who meet certain guidelines. NAR has also  called on Congress  to automatically forgive all loans under $150,000. Other resources are:

RISMedia: U.S. Unemployment Fell to 11.1 Percent in June According to the U.S. Bureau of Labor Statistics, this past month, the economy added 4.8 million jobs—a strong comeback following a decline of 1.3 percent in May's unemployment figure. Here's the industry's response... Read more.

NAR: Coexisting with COVID-19 2020 President-Elect Charlie Oppler shares tips for keeping COVID-19 safety precautions top of mind in your business strategy. Watch video.

The Hartford: 25 Financial Terms Small Businesses Should Know Don't let confusing financial lingo hold you back from success. Here's a condensed and simplified list of financial terms you need to know.  Read more.

NAR: Why Real Estate is Leading the Recovery Home sales and other economic data from April and May look grim, but there’s every indication that this recession—yes, it’s official—won’t reach the depths of the 2008 financial crisis or last nearly as long. View video.

NAR: New FICO Index May Help Expand Mortgage Lending The FICO Resilience Index aims to look beyond credit scores and assess borrowers’ ability to maintain payments in an economic downturn.  Read more.

NAR: Safe Summer Rentals Become Hot Commodities After months of self-isolation and concern about coronavirus spikes, vacationers seek safe summer rentals. Learn how to help clients get away and enjoy healthful relaxation. Read more.
Help Eliminate Childhood Hunger You can take part in the CE Shop Foundation's Fit for Food Challenge—a month-long virtual event that kicked off July 1. Participating is easy: Make a donation, work out, and challenge friends and family to do the same.
  • Join anytime during the month of July and help make childhood hunger a thing of the past. The CE Shop will match the first $15K of donations, and just $4 is enough to feed a family of four for a whole weekend. Get involved now.


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 association (CORE) 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.

" Like Us on Facebook and Share