NCJAR News
October is ADHD Awareness Month: Understanding and Supporting Individuals in the Real Estate Industry
October is ADHD Awareness Month, a time when we come together to raise awareness about Attention-Deficit/Hyperactivity Disorder (ADHD). It's a significant month for not only those living with ADHD but also for those working in various industries, including the real estate sector. At the North Central Jersey Association of Realtors, we believe it's crucial to foster an inclusive and supportive environment for all professionals, regardless of their unique challenges. In this blog post, we'll discuss the importance of understanding ADHD, its impact on individuals in the real estate industry, and how we can provide support.
Understanding ADHD
ADHD is a neurodevelopmental disorder that affects both children and adults. While it often emerges in childhood, many individuals continue to experience symptoms well into adulthood. The primary characteristics of ADHD are inattention, hyperactivity, and impulsivity. However, it's important to note that ADHD is a highly variable condition, with symptoms manifesting differently from person to person.
Discussing finances can be a complex and sometimes stressful endeavor. Delving into the intricacies of how you're compensated in real estate can make the conversation even more challenging. Take a look at this informative animation for a user-friendly method of explaining your payment structure. Feel free to share it widely and use it with clients who may benefit from a visual guide. The National Association of REALTORS® also encourages the use of buyer representation agreements to solidify expectations regarding agent compensation and services.
Here are some crucial points to emphasize when discussing your compensation with clients:
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Compensation is open to negotiation. Buyers and sellers can discuss and agree on the compensation terms at the beginning of the homebuying process or at any point prior to the transaction's conclusion.
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Costs are transparent for both buyers and sellers. Within the written listing agreement, sellers determine the fee they're willing to pay for their agent's services and specify how much of that fee goes to the real estate agent responsible for finding the buyer. Buyer's agents inform their clients about the portion of their compensation derived from the total sale proceeds. At the closing, both sellers and buyers are reminded of the exact amount each agent is receiving and from whom.
Join us on October 29, 2023, for the American Foundation for Suicide Prevention's Out of the Darkness Essex County Walk. We'll meet at 11:30 am at Verona Park Bandstand/Boathouse for registration, and the one-mile walk around the park begins at 12:30 pm. Leashed dogs are welcome, and your registration includes family and friends.
NCJAR President Jerry Tuscano is passionate about this cause, and when you register, you'll receive a free NCJAR baseball cap and t-shirt. Let's come together to prevent suicide and offer hope to those affected by it.
Location: 475 Bloomfield Ave, Verona, NJ 07044.
If you're in crisis, please call the Suicide and Crisis Lifeline at 988 or text 741-741. Your support can make a difference—see you there!
Mark your calendars for October 11th and get ready to save BIG! The CE Shop is offering an amazing 35% off on all real estate and mortgage products.
Visit https://NCJAR.TheCEShop.com
Use promo code: FALL at checkout.