July 21, 2018
EBCBOR NEWS & EVENTS
2018 EBCBOR Annual Picnic! (youtube video)
2018 EBCBOR Annual Picnic! (Youtube video)
EBCBOR Members along with family and friends came out this past Wednesday for our annual picnic! Our members enjoyed an afternoon filled with good food, fun games, sweet desserts, and good company among colleagues and friends! This year, the picnic was held at the Van Saun County Park in Paramus. This was a great center location for all our members. #PieARealtor also made its debut this year, and it was a huge success. A special thank you to our Director, Marc Stein and Past President, Bowen Pak for participating in the pie contest; we would also like to thank all our affiliate sponsors: Finance of America, Freedom Mortgage, NJ Lenders, Dan Barli Esq., and Trustco Bank for their support! (VIEW IMAGES)
EBCBOR Members Volunteer at the Boys and Girls Club of Lodi!
 
(Hasbrouck Heights, NJ) - The Eastern Bergen County Board of REALTORS® (EBCBOR) partnered up with The Boys & Girls Club of Lodi/Hackensack/Teaneck this past week to help as aides to the staff throughout the day for the scheduled program offered through the organization, which currently serves 2,200 local kids in Lodi, New Jersey.


INDUSTRY NEWS
UPDATED: Online Home Value Estimates Are NOT Appraisals
 
Solely relying on just one price estimate is likely to skew the views of what a particular property will actually transact for. When it comes to online home value estimates, however, the number one caveat for consumers is that these estimates are not a substitute for formal appraisals, comparative market analyses, and the in-depth expertise of real estate professionals.

NEWS YOU COULD USE
How a Gen Z Intern Can Help Your Business Thrive
 
Generation Z will probably make up the bulk of your intern candidates. Born from the mid-1990s to the early 2000s, Generation Z makes up approximately 25 percent of the U.S. population. They grew up surrounded by advanced technology and are the most tech- and social-savvy generation yet. If there's a technological aspect of your business that could use some help, a Gen Z intern can probably help.


TECH TIPS
Realtor.com Redesigns Website to Show New Home Listings Down to the Hour
 
Realtor.com, the massive U.S. online home listing search portal for buyers and renters operated by News Corp.'s subsidiary Move Inc., has unveiled a subtle redesign that makes its website faster, more visual and more information dense. Specifically, the new realtor.com shows when new listings were posed down to the hour, as well as showcasing the dates and times of upcoming open houses directly on the listing thumbnail.


LEGISLATIVE NEWS
New Tax Law Offers Big Surprise Deduction for Most Real Estate Professionals
 
Six months after the whirlwind enactment of the Tax Cuts and Jobs Act of 2017, most Americans remain unimpressed. In a recent CBS News poll, fewer than 30 percent thought the new plan would help them or their family. Yet, according to the White House, 82 percent of all middle-income households will receive a tax cut.

GLOBAL PERSPECTIVES
Cross-Border Investors Eye Smaller Properties
 
International investment in U.S. real estate is normally associated with high-end deals in Manhattan, San Francisco or Los Angeles, but cross-border investors were also buying up smaller properties around the country last year, a National Association of Realtors (NAR) survey released this week suggests. George Ratiu, NAR's managing director of housing and commercial research, discussed the survey results and trends in the so-called small-cap commercial real estate market.


2018 AFFILIATE PARTNERS



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