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July 17
Flood Insurance Seminar
July 18
Professional Development Committee Meeting
(1pm)
July 22
Intro to RPR
July 25
CE: Multiple Offers - Be Prepared!
August 14
CE: Procuring Cause
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CE Credit Tracking
The CE Shop: Online CE Courses
NJ Real Estate Commission
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Open an account with TD Bank and they will make a contribution to RealSource at no cost to you!
Contributions help us do more for you - our members!
If you already are with TD Bank, enroll in the program today!
CLICK TO LEARN MORE!
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The New Jersey Real Estate Commission (REC) has released the following information regarding the continuing education and license renewal cycle:
All real estate licenses from the previous license term expired on June 30, 2013.Any licensee who failed to complete 12 CE credits and to renew for the next license term may not conduct business in real estate until they have met these requirements.
The Real Estate Commission has granted extensions to complete CE requirements and license renewals for individuals who failed to renew by June 30. The deadline extensions do not extend the 2011-13 license term, and they do not extend or abbreviate the 2013-15 license term. Individuals who have not yet completed their CE credits have until July 15, 2013 and are required to pay a $200 late CE fee. They may renew their licenses until July 15, 2013 with no late renewal fee.
Between July 16 and July 31, 2013, individuals who have completed their 12 CE credits may continue to renew their licenses and will be required to pay a late license renewal fee in addition to the late CE fee of $200. For salespersons and broker-salespersons, the late renewal fee is $20; for brokers, corporate entities and partnerships, this fee is $40.
Beginning Aug. 1, anyone who failed to renew their license may apply to reinstate the license and will be required to complete 12 CE credits.
Professional Development Committee Meeting - Time Change
The Professional Development Committee Meeting scheduled for July 18th will take place at 1pm. Please contact RealSource or Committee Chair Carmela Holt with any questions.
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Call for Action: Tax Reform Should Do No Harm
Just before the July 4th recess, Sens. Max Baucus (D-MT) and Orrin Hatch (R-UT), Chairman and Ranking Member of the Senate Finance Committee, announced their plans for tax reform legislation in the Senate. This legislation, to be marked up this fall, would start with a "blank slate." What this means is that as a starting point, all tax expenditures will be removed from the tax code.
Senators will have to request expenditures to be added to the reform legislation. Each Senator has until July 26 to submit requests, in writing, for any expenditures they would like to see kept in the code. The legislation will then be drafted during the August recess.
The National Association of REALTORS® has launched an all member Call for Action (CFA) asking REALTORS® to contact their Senators to ensure that the wide range of provisions in the tax code that affect residential, commercial and investment real estate are protected.
Please be on the lookout for this important CFA, and the opportunity to ensure that the Senate hears loud and clear from REALTORS®. More information about the "blank slate" can be found by clicking here.
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New Cycle, New Classes! The new Continuing Education cycle has begun. Get a head start on your requirements by registering for our summer classes today!
If you do not know how to use the ACE registration system
To go directly to registration
July 25 Multiple Offers, Be Prepared! 3 CORE CREDITS
About the Class:Gain an understanding of the legal and ethical requirements when facing a multiple offer situation and learn to better protect your clients' interest as well as their liability.
Instructor: Isabelle Perkins Sign In Time: 9:00am Program Time: 9:30am - 12:30pm Location: RealSource Cost: $10 for RealSource Members August 14
Procuring Cause: 9 Factors to Consider
3 ELECTIVE CREDITS About the Class: A better understanding of the concept of "procuring cause" will help agents identify appropriate activities when soliciting business from and assisting potential buyers. This course is designed to give the licensee a review of the basics of procuring cause. The nine factors considered in a procuring cause dispute will be explored and agents will be asked to identify what actions are appropriate when they are working with clients and customers to avoid procuring cause disputes.
Instructor: Mimi Weisinger
Sign In Time: 9:00am Program Time: 9:30am - 12:30pm Location: RealSource Cost: $10 for RealSource Members
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RealSource is Now Accepting Applications for The 2014 Board of Directors
RealSource is now accepting applications for service on the Board of Directors for 2014. Applications are due by Wednesday, July 24.
To download the application, CLICK HERE!
Introduction to RPR - Free Class for Members
What is RPR?
RPR (short for REALTORS® Property Resource) combines comprehensive data, powerful analytics, and dynamic reports to help you meed the demands of your clients. RPR is owned 100% by REALTORS®, and is only available to REALTORS® as part of your membership.
Who Is Able Use RPR?
Anyone with a NRDS number can use RPR (if you are a REALTOR®, you have a NRDS number!). Third parties and the general public are not able to use RPR, so this is a REALTOR® exclusive program.
Who Will Benefit From This Class?
The NJMLS is currently in the process of integrating their data with RPR and is expected to be complete by the end of the summer. GSMLS is already fully integrated and as a result, they will benefit more from classes at this point. If you use either of these systems, this class will be helpful to you.
LAST CALL:
Submit Your Nomination for REALTOR® of the Year
 The REALTOR® of the Year Award is one of the highest forms of recognition that can be bestowed upon a REALTOR®. The award is designed to honor those who have contributed to the advancement of his/her community and the REALTOR® profession. A selection committee will select one RealSource REALTOR® of the Year, and their application will be submitted to NJAR® for consideration for the NJAR® REALTOR® of the Year Award.
If you know someone who would like to nominate for this honor, please complete the Nomination Form and return it to RealSource no later than JULY 15.
We ask that your submissions please be typed! To use the fillable form, please use the following steps:
- Click on the field you wish to enter information for and type directly onto the form.
- If you wish, save the file to your computer.
- Submit your completed form in one of the following ways:
- Print out the form and either fax it to RealSource at 201-444-6368, drop it off, or mail it in.
- E-mail the saved completed form to nilchert@njrealtor.com using "Realtor of the Year" as the Subject Line.
Click Here for the Nomination Form!
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Members On The Move This Week
 No one moved this week! Check back next week for more moves.
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New Facebook Tool Digs Deeper Into Network's Interests
 Facebook is rolling out a new search feature starting this week that aims to make it easier to find people, places, and photos on its site of 1.1 billion users.
Read More...
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Offer Extended: Save $50 on DocuSign for REALTORS®
 NAR members save $50 when purchasing DocuSign for REALTORS® prepaid annual plan for a total member savings of $110. Learn More...
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NAR® Survey of Generational Trends Shows Younger Buyers More Optimistic
 Millennials are more confident than any other age group that their recent home purchase was a good financial investment, according to a new study released today. The inaugural 2013 National Association of Realtors® Home Buyer and Seller Generational Trends evaluated the generational differences of recent home buyers and sellers and found that while eight out of 10 recent buyers considered their home purchase a good financial investment, the number was even higher, 85 percent, for younger buyers under the age of 32. Read More...
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Mahwah purchases first affordable housing unit put on the market
The first affordable housing unit that has been put up for sale is expected to be purchased by the township at a restricted price of $154,000 before month's end. Read More...
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Have you recently accomplished something and want to share it here? Submit a story to Member Spotlight! Click Here to Email Us!
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