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5 Franklin Turnpike

Waldwick, NJ 07463

Phone: 201.444.3100.

Fax: 201.444.6368

 

    February 14th, 2012  BackToTop

 

In This Issue

Upcoming Continuing Education Classes 

 

Tech Series

 

Circle of Excellence

 

Help Stop the Rumors of a National Realty Transfer Fee

 

Continuing Ed Info

 

On the Move

 

Upcoming Events

 

February 15
Word 101
 
February 16
BERE:
Finance/
Investements I&II
 
February 17
Word 201
 
 February 22
Sean Kenny Photo 
 
February 23 & 24
ABR Course
(Only two open seats, please call to register)
 
February 28
Excel 101
 
February 29
Excel 201
 
March 2
BPO
 
March 8
Powerpoint 101
 
 March 9
Powerpoint 201
 

 CLICK HERE

TO REGISTER 

Tech Tips





Best  iPad Apps for REALTORS®

CLICK HERE!



Resources
 
New Jersey Association of Realtors®
  
National Association of Realtors®
 
RealSource Association of Realtors®

Tech Helpline
1-866-232-1791
 


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Industry Updates, News, & More

CECoursesUpcoming Continuing Education Courses

 

BERE-Finance/Investments I & II
with Roseanne Farrow
CE Credits: 6 Elective
February 16th
9:00 a.m. - 5:00 p.m.
at RealSource Association of REALTORS®
$35.00
To register for this eventCLICK HERE.

ABR - Accredited Buyer Representative
with Mimi Weisinger
CE Credits: This course will fullfill ALL CE Requirements for this cycle.
February 23rd & 24th
9:00 a.m. - 5:00 p.m.
at RealSource Association of REALTORS®
$199.00
Only two seats open, please call to register: 201-444-3100.
 
BPOs: The Agent's Role in Property Valuation
with Isabelle Perkins
CE Credits: 7 Elective
March 2nd
9:00 a.m. - 5:00 p.m.
at RealSource Association of REALTORS®
$99.00
To register for this event, CLICK HERE to view and print the registration form.
 
TechSeriesNew RealSource Tech Series Schedule
 with MaryJo Morris
*Note none of these classes qualify for Continuing Education Credits. 
 
Word 101 
February 15 , 1:00 - 3:00
FREE
Word 201
February 17, 1:00 - 3:00
$10.00
 
Excel 101
February 28, 1:00-3:00
FREE
Excel 201
February 29, 1:00 - 3:00
$10.00
 
Powerpoint 101
March 8, 10:00-12:00
FREE
Powerpoint 201
March 9, 10:00 - 12:00
$10.00
 
All classes will be held at:
RealSource Association of REALTORS®
5 Franklin Turnpike, Waldwick, NJ 07463
 
All payments to be made at the start of the class.  We accept payments by checks or cash (exact change only).  
 
To Register for a class, 
Circle of Excellence Circle

Congratulations to those members who earned Circle of Excellence for 2011! The Awards Breakfast to honor those RealSource members who made Circle of Excellence this year will take place at Seasons, March 29, 2012.  Sign in is at 8:30 and the breakfast awards begin at 9:00.  The breakfast is complimentary to all Circle of Excellence and Distinguished Sales Award Honorees.  The cost is $30.00 for all others who wish to attend.

RTFHelp Stop the Rumors of a National Realty Transfer Fee

In response to numerous e-mails circulating concerning a national realty transfer fee, NJAR® is issuing a reminder that under the federal health care law enacted in 2010 or any other federal law, no national realty transfer fee (RTF) exists.  Rumors continue to circulate in the form of e-mails that a national RTF was included in the health care reform law.  NJAR® is seeking to dispel this myth along with NAR. 
 
As part of the federal health care law, a 3.8% medicare tax was enacted on net investment income.  However, this tax does not apply to all capital gains from a home sale.  This tax only will be applied if the following two pieces of criteria are met:
 
1.  If the gain from the homes sale is over $250,000 for individuals or $500,000 for couples.
 
2.  If individuals earn over $200,000 per year or couples earn over $250,000 per year.
 
If both of these pieces are not met, the 3.8% medicare tax will not be applied.  In addition, this tax has not yet taken effect.  It is not scheduled to do so until January 1, 2013.  For additional information on the 3.8% medicare tax, visit the NJAR® website.
 
CEInfoContinuing Education (CE) Information
 
In order to qualify for license renewal July 1, 2013, 12 CE Credits must be completed by June 30, 2013.
*If you complete the requirements between May 1, 2013 and June 30, 2013 you will be required to pay an additional $200.00 processing fee, so be sure to complete your requirements by May 1, 2013 to avoid this extra fee.
 
Of these 12 Credits, 6 MUST be Core (2 of which must include Ethics).  The remaining 6 credits may be elective.
 
If you do not complete your CE credits by June 30, 2013 you will not be able to renew your license and your license will therefore expire.  
 
Frequently Asked Questions
There is a very thorough Frequently Asked Questions list available via the Real Estate Commission's website.  This may answer many of the questions you have pertaining to Continuing Education. To view this page, CLICK HERE.
 
 
Course Search & Requirements Tracking
The NJ Real Estate Continuing Education Tracking System allows you to track your CE credits.  You are not responsible for logging in your own credits, that is up to the provider to do. From this site, you can also search for providers and courses. Follow the directions provided to log in. To view this page, CLICK HERE


For all further Continuing Education questions, please contact the Real Estate Commission, Education Bureau at:
Phone: 609-292-7272 
Email:  realestate@dobi.state.nj.us 
 
OnTheMoveOn The Move... 

Carolyn Baum to Terrie O'Connor, Wyckoff
Christine Scott to Coldwell Banker, Hillsdale
Wendy Sibler to Keller Williams, Ridgewood
Cindy Terhune to Terrie O'Connor, Wyckoff