NCJAR News
Join Jerry Tuscano, NCJAR Past President & Trustee, as he congratulates the 2025 NCJAR Scholarship Award recipients, reminds members about the Quarter Century Club application deadline, and introduces a new consumer resource on VA Home Loan Guarantees. Stay informed, stay connected, and celebrate the achievements and opportunities within our REALTOR® community. Please visit NCJAR's website at www.NCJAR.com for more news and updates.
For questions and concerns, please email
The New Jersey Real Estate Commission now gives licensed salespersons and broker-salespersons the option to form a limited liability company (LLC) or other permitted entity to receive their commissions. While this opportunity may offer business or tax advantages, it’s important to understand the rules that come with it.
To help, we’ve outlined the most common questions NCJAR members have about forming an LLC and staying compliant with state requirements.
Do I Have to Form an LLC?
No. Creating an LLC is completely optional. Brokers may continue paying salespersons and broker-salespersons directly as individuals.
Steps to Register Your LLC
If you’d like to be paid through an LLC, you’ll need to:
NJ Realtors® Circle of Excellence Sales Award – 2025
RPAC Investment deadline for one unit, Monday, October 6th, 4:30pm
This prestigious program comprises two awards: the NJ Realtors® Circle of Excellence Sales Award® and the NJ Realtors® Distinguished Sales Club. Applications opened in August, 2025, and close at 5 p.m. EST on January 12, 2026. Apply online
The NJ Realtors® Circle of Excellence Sales Award® recognizes members who have demonstrated outstanding achievement in salesmanship.
2025 Award Levels
- Platinum: $20 million and 30 units minimum, or 125 units
- Gold: $12 million and 25 units minimum, or 90 units
- Silver: $6.5 million and 20 units minimum, or 70 units
- Bronze: $2.5 million and 15 units minimum, or 30 units
Important RPAC Deadline:
Join NCJAR for a Networking Social at Grano Pizzeria & Italian Tavern on Wednesday, September 17th, from 4 PM to 7 PM at 435 Park Ave, Scotch Plains, NJ 07076.
Enjoy an evening of great food, drinks, and conversation with fellow professionals in a relaxed atmosphere. This event is the perfect opportunity to unwind, connect, and make lasting connections. Don't miss out on this fun-filled event!
For questions, please contact us at 973-425-0110 or email
REGISTER NOW
NCJAR MEMBERS: $20 (MUST LOGIN TO GET DISCOUNTED PRICE)
NON-MEMBERS: $99
