Passaic County Board of REALTORS®
Views & News 
Friday, May 12, 2017


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Piece Together Your Financial Future

New Jersey Realtors® Financial Literacy Series

June 7, 8, and 9, Monmouth University | Long Branch, NJ

Specifically designed for Realtors®, these courses will provide you with the knowledge needed to set up a financial plan, better prepare for tax season, and prepare for retirement. Topics to be covered include:

*alternative investments

*health care costs

*insurance coverage

*mortgage basics

*personal budgeting


*social security

*tax planning for investments

Each course is $49 or take all 3 for $125

Survey Reports 12% Jump in Realtor®

Business Activity 

After a slip in business in 2015, the National Association of Realtors® Member Profile found that the income and  
sales volume of Realtor® members increased in 2016. The median gross income of  Realtors® increased 8 percent in 2016 as the typical member had the highest number of transactions in recent years.

Despite Realtors® continuing to cite inventory shortages, transactions grew to 12 per agent, the highest since 2014 when the typical agent had 11. The median sales volume for Realtors® also grew from $1.8 million in 2015 to $1.9 million in 2016. Median income increased too, from $39,200 in 2015 to $42,500 in 2016; the median gross income of Realtor® households also increased from $98,300 in 2015 to $111,400 last year.

Read More 
Realtor® of the Year Applications Now Available

Deadline to PCBOR -Tuesday, July 18, 2017 

Applications are now available to nominate a worthy candidate for the 2017 Realtor® of the Year.  This program involves the selection of a REALTOR® member who has contributed the most to the  advancement of his/her community and the cause of REALTORS®, as well as had significant involvement in humanitarian services. The individuals so selected by PCBOR® will be honored by NJ REALTORS® at the Triple Play Convention in Atlantic City  award ceremony and become a candidate for NJ REALTOR® of the Year.

Anthony Robbins- Breakthrough Workshop

Monday, May 22nd- Two Sessions to Choose From
  • Create a Strong Routine to Maximize your Results
  • Powerful Goal Setting Workshop
  • Your Keys that Determine Your Success 
  • Develop an Unshakable, Unstoppable Mindset that

    will give you the Competitive Advantage

1-2:30 Session- Register Here 

3-4:30 Session- Register Here  


Event Flyer 

Realtors® Day in Trenton- Join PCBOR®

Join PCBOR® and New Jersey Realtors® for the 2017 Realtors® Day in Trenton! This is

the perfect opportunity to hear from state leaders ahead of the gubernatorial primary.

Following the event, join everyone at the State House for a special presentation on the Senate floor where NJ Realtors® Leadership Team will receive a ceremonial resolution to commemorate  our centennial.

Parking for the day is available at NJ Realtors® office; 10 Hamilton Avenue, Trenton. Complimentary bus service will provided to the Masonic Temple and the State House.

PCBOR® will be hosting tables for our Members if you'd like to attend, please

contact Michelle Perrone Epstein for more information.

More Information

Quarter Century Club

The Quarter Century Club honors Board members who have served as REALTORS® or REALTOR-  ASSOCIATES® faithfully for 25 years.   If you have been a Realtor® for 25 years, please complete this application and return to PCBOR by September 13th.    
Voice for Real Estate

The latest Voice for Real Estate news video from NAR looks at the latest on tax reform in Congress, Capitol Hill visits by NAR President-elect Elizabeth Mendenhall, and issues related to selling solar homes, which are a growing market niche.

Health Reform Nixes Mandate 

The American Health Care Act, H.R. 1638, passed the House last week and would eliminate the individual and employer mandates, and replace the tax credits that reduce insurance premiums for eligible households with tax credits based on age. The bill also increases age-rating rules that limit  premiums for the oldest enrollees from three times the amount charged the youngest enrollee to five times that amount. In addition, states could apply for a waiver to opt out of existing benefit

requirements and to allow insurers to charge premiums based on health status.

The Senate must still act on health insurance legislation.

Legal Issues of Selling Solar Homes

About a million homes in the U.S. have solar power and the number is heading up, making it likely that more agents will be helping clients buy or sell solar homes in the years ahead. In videos, NAR Senior Counsel Finley Maxson looks at the financing issues that can arise with these transactions and NAR Director of Sustainability and Green Designations Amanda Stinton joins the head of the solar industries association to look at opportunities these properties offer.

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Passaic County Board of REALTORS | 204 Berdan Avenue | Wayne | NJ | 07470