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REALTOR® eReport
July 23, 2012
Each week this eReport features the hot topics from MCAR, NJAR® and NAR as well as educational event dates and registration links and deadline reminders. 

If you know someone who currently does not receive this eReport, feel free to send them the opt-in subscription link.   

 

Upcoming Events and Deadline
Affiliate Members
Affiliate members of MCAR are individuals and businesses that provide a product or service relative to the real estate industry. 

Click here for a complete list of our Affiliate Members.  We encourage our REALTOR® members to utilize the services of our Affiliates.
We are currently experiencing some issues with www.MOMLS.com
which may cause broken links within this newsletter.  The problem should be resolved shortly, so if you experience broken links please try them again later.
supra
A Message From Supra
 
All New Supraekey.com Website Coming Soon

We are excited to announce an all new supraekey.com website coming soon. The website will have a brand new look and will be easier to navigate and find information. The new website will also bring you more training and information on Supra's products.

Please note that your SupraWEB login and password will not change.

Look for an announcement on an exact release date coming soon.
The deadline to register for the Associate Committee's Totally Tropical Luau is August 1st.  Don't wait....email lsnicolas@momls.com for more details on registration.

 
NJAR News
Have You Heard? There is No National Home Sales Tax

In response to numerous e-mails and rumors circulating around the Internet concerning the federal health care law recently upheld by the U.S. Supreme Court, NJAR® reminds you that there is NO 3.8% national realty transfer fee (RTF) or home sales tax contained in this law.

NJAR® urges you to visit NAR's website for the CORRECT information on the RUMORS and MISINFORMATION being spread that a national RTF was created in the health care law. These RUMORS are FALSE. An across-the-board RTF or home sales tax DOES NOT exist in either this or any other law.
 
As part of the new health care law, a 3.8% Medicare tax was enacted on net investment incomes for certain households (for individuals earning over $200,000 a year and couples earning over $250,000). Furthermore, the 3.8% tax DOES NOT apply to all capital gains from a home sale. The tax only applies if the gain from the sale is over $250,000 for individuals or $500,000 for couples. If the amount from the sale as a gain is less than these amounts, the 3.8% tax DOES NOT apply. In addition, if the provisions of this law are met and the tax is to be applied, it will not do so until January 1, 2013, when the Medicare tax is scheduled to take effect.


A Message From REALTOR.com 
Changes to REALTOR.com® Help Further the Mission of Connecting Consumers with Local Brokers & Agents:

Our goals are simple: REALTOR.com® wants to be the best consumer real estate destination on all platforms, including mobile and the web - and the changes we have coming to our site will make this process easier, more efficient, and a lot more fun. The changes begin with our homepage, and our process will be gradual; initially only a small set of our users will see the enhancements.

It's important that we do this - REALTOR.com® is synonymous with REALTORS®, and as we strengthen our site and our engagement, we also strengthen the REALTOR® brand and how consumers perceive and engage with REALTORS®.

We are excited about all of these enhancements, and look forward to sharing even more information about the site changes and even more enhancements to mobile in the coming weeks.

Read more about the upcoming changes by visiting our blog.
SAVE THE DATE... 
TriplePlay REALTOR® Convention and Tradeshow 
December 4 - 6, 2012 
Atlantic City, NJ
 
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.