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January 2012
Welcome to the REALTOR� Times, the monthly member newsletter of the Monmouth County Association of REALTORS�
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From The President's Desk
First let me say that I am honored and privileged to start my tenure as the 2012 President of Monmouth County Association of REALTORS�. I have had the pleasure of serving on the MCAR Board for a number of years and have worked with many dedicated Board, Committee Chairs and Volunteers who are actively engaged in shaping MCAR's future...READ ON
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Monmouth/Ocean Multiple Listing Service Market Comparisons
Monmouth and Ocean - Single Family, Condos and Adult Community
Monmouth and Ocean Separated - Single Family
2008 - 2011 Monmouth and Ocean Single Family Market Comparison Chart and Graph
Presidents' Commentary:
In Monmouth & Ocean Counties 1,018 properties were sold. That means nearly 40 families per day were moving into their new home!
Looking at December 2011 Market Comparison for our core marketing area (Monmouth & Ocean Counties). Single family sales has risen by over 6% and we are still seeing a decrease in property values of nearly 4%. The properties are taking slightly less time to sell and the overall absorption rate is down by over 3.5%. Condominiums, however, tell a slightly different story. Sales are down by slightly over 8% and the decrease in property values is slightly over 10% and the absorption rate has risen by nearly 6%. Adult Communities has shown the largest change with sale up by nearly 14%, property values up by slightly over 3% and the absorption rate is down by nearly 6.5%.
When we break out single family in Monmouth & Ocean Counties, Monmouth has shown some significant improvement over Ocean with sales, property values and absorption rates significantly better.
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 MCAR Welcomes Lauren San Nicolas!
The Monmouth County Association of REALTORS� is pleased to welcome Lauren San Nicolas to the position of Receptionist for our Tinton Falls office.
Lauren is a skilled Customer Service professional and she is a pleasant addition to the MCAR staff!
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 MCAR Installs 2012 Officers and Directors
The Monmouth County Association of REALTORS� (MCAR) recently held its 2012 Installation of Officers and Directors recently at Stella Marina in Asbury Park.
The members welcomed President Albert S. Veltri and the new MCAR leadership as well as recognized the outgoing MCAR President and Directors for their work and dedication to the Association.
Installed Officers for 2012 are President- Albert S. Veltri, Veltri & Associates, Realtors; Senior Vice President- Robert White, Coldwell Banker; First Vice President- Timothy Siciliano, The Gavin Agency; Second Vice President- Gloria Siciliano, RE/Max Gateway; Treasurer- Michael Little, Crossroads Realty; Secretary- Frank Camassa, Jr., Camassa Agency Inc,. Five members have been installed as Directors 2014 Term: Jayne Camlin,Coldwell Banker; Colleen Camillo,Heritage House Sotheby's; Joan Lorwey, Keller Williams; David Reich, Diane Turton, Realtors; Dot Schulze,Dot Schulze Agency
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 Continuing Education
Commencing on July 1, 2013, in order to qualify for renewal or to reinstate an unrenewed license after that date, every individual licensed as a broker, broker-salesperson or salesperson must complete 12 hours of continuing education.
Just The Facts....
- 12 Hours per 2 year licensing period.
- 2 Hours must be Ethics Training.
- 4 House must be "Core".
- 6 Hours may be a combination of "Elective" &/or "Core"
Core topic areas are: Ethics; Agency Disclosure; Real Estate Licensee Statutes/Rules; Fair Housing/NJ Law Against Discrimination; Legal Requirements on Escrow Monies and Financial Recordkeeping; Legal Issues
Elective topic areas are: Land Use; Financing; Seasonal Rentals; Real Estate Valuation; Property Management; Commercial Real Estate Property; Foreclosures Short-Sale Transactions; Real Estate Full Disclosure Act/NJ Real Estate Timeshare Act Financing; Specific Aspects of Residential Real Estate Transactions; Other
Both classroom and online NAR REALTORS� Code of Ethics Training qualifies for NAR and NJREC Certification.
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Check out RealTechTools. It is written by Michael Antoniak, a journalist and technology expert who is freelance contributor to NAR's REALTOR� Magazine. This blog covers technology for the real estate industry, real estate agents and brokers, including hardware, software and online services with a focus on real estate applications.
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 COMING IN FEBRUARY 2012
NEW REALIST TAX PLATFORM
MOMLS has partnered with CoreLogic to provide our members with a enhanced tax data program that will provide you a more user friendly and comprehensive program that will also incorporate MLS data. Tax data will also be available for all 21 counties in New Jersey!
(Please note that the video takes a minute to load, but it is worth the wait!)
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A Message From Douglas M. Tomson -NJAR� Government Affairs Director
Blue Acres Legislation
Upon receiving a request from numerous local boards/associations concerning finding a solution for flood-prone properties, NJAR� supported A-4267 or the "Blue Acres" legislation. This legislation permits counties and municipalities to utilize county and municipal open space trust funds for the additional purpose of purchasing flood-prone properties, otherwise known as "Blue Acres projects."..READ ON
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 REALTOR� Safety
8 Steps for Staying Safe at ATMs Consider how vulnerable you are when you stop to withdraw cash from an ATM. Whether you're in your car at a drive-up machine, on the street or in a building's lobby, you may be marked as a target by a criminal-a target with cash in hand. Follow these simple steps each time you head to the ATM, and reduce your risks...READ ON |
POP QUIZ: CODE OF ETHICS The NATIONAL ASSOCIATION OF REALTORS�' Code of Ethics and Standards of Practice establishes rules for the highest ethical conduct and professionalism. It's what distinguishes you as REALTORS� from other real estate licensees. Click here to take this quiz to see how well you know your Code.
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2012 Officers and Directors
OFFICERS Albert S. Veltri President Robert White
Senior Vice President Timothy Siciliano First Vice President
Gloria Siciliano
Second Vice President Michael Little Treasurer Frank Camassa, Jr. Secretary Glenn Mills Governor/Board Director PAST PRESIDENTSChristina J. Banasiak Ellen W. Kale DIRECTORS2012 TERMEileen Cahill Fran Krumholz-Bookman Jack Preston Wendy Smith Kenneth "Kip" Walker 2013 TERMDiane Ailor Peggy Buccino Barbara Blake Mary Evans Daniel Mancuso 2014 TERMJayne Camlin Colleen Camillo Joan Lorwey David Reich Dot Schulze Associate RepresentativeMarybeth Tortoriello
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Meet the MCAR Staff 
Robin Sayko
Education Director
Robin assists the Education Committee with scheduling and follow-up on all educational sessions. She maintains a knowledge and inventory of available programs and speakers.Phone: 732-918-1340 x15 Email: [email protected]
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MCAR Affiliate Members
MCAR Affiliate Members are Real Estate Industry affiliated companies and professionals who provide services and products to REALTORS� and their customers and clients. Click here to view our Affiliate Members. |
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Upcoming Events and Deadlines
Feb. 24 -
Mar. 12 - Apr. 18 -
March 16 -
March 23 -
April 3 -
June 22 -
September 21 -
December 7 -
For more information on MCAR's Upcoming Events, visit our website at
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Get The REal Story
Check out the Get The Real Story Videos and help them go viral by forwarding the YouTube link to your friends, colleagues and clients.
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Message
 Representatives from the Associates Committee recently presented a $10,000 check to Monica Vermeulen from the Ashley Lauren Foundation. The donation was made from funds raised at the Associates Committee's second annual Wine Tasting. The Ashley Lauren Foundation helps provide hope and help for children with cancer.L to R: Starr Koplow, Karen Buonomo, Marybeth Tortoriello, Monica Vermeulen, Fern Pagano, Helen Giannone.
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| Our Mission | |
The mission of the Monmouth County Association of REALTORS� is to provide education, technology, and ethical resources. We maintain high standards of integrity, honor and professional practice among our members. Our goal is to promote REALTORS� as true professionals essential to the real estate process. We are the local voice of real estate and advocates for private property rights.
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Monmouth County Association of REALTORS�
4000 Route 66, One Hovchild Plaza, Suite 210
Tinton Falls, NJ 07753
732-918-1340
www.MOMLS.com
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