NCJAR News
Buying a home is one of the biggest financial decisions you'll ever make, so finding the right real estate agent is crucial. You should feel confident and empowered to select the agent who best fits your needs. To help you make an informed decision, here are ten important questions to ask when choosing your agent.
1. Are you a REALTOR®?
When working with a REALTOR®, you’re choosing a professional bound by the REALTOR® Code of Ethics, which includes the obligation to protect and promote their client’s interests. This commitment to ethical standards provides peace of mind during your homebuying journey.
2. What types of services can you provide me?
A qualified agent can offer a range of services, including finding properties that meet your criteria, accompanying you to showings, analyzing market trends, negotiating on your behalf, and more. Be sure to ask about the specific services they provide and how they align with your needs.
3. How well do you know the markets where I am searching for a home?
Your agent should not only be licensed in the area where you’re buying but also possess in-depth knowledge of the local market. Ask how familiar they are with neighborhoods, property values, and market trends in your desired location.
As a REALTOR®, providing your clients with the right resources can make a world of difference in their real estate journey. Whether they are first-time homebuyers, seasoned homeowners, or looking to sell, having access to reliable, expert information is key to helping them make informed decisions. That’s where HouseLogic comes in!
What is HouseLogic?
HouseLogic, created by the National Association of REALTORS®, is an all-in-one platform offering a wealth of information on everything related to homeownership. From buying and selling advice to home maintenance tips, remodeling guides, and energy-saving strategies, HouseLogic provides trusted resources that REALTORS® can share with their clients to enhance their real estate experience.
Why Follow HouseLogic?
Jeff Jones, the 2024 NCJAR President-Elect, shares exciting updates, including his gratitude for the opportunity to serve as the 2025 President. He highlights the release of a new consumer guide on listing agreements, emphasizes the importance of adhering to agency guidelines for open house signage, and announces a free accredited buyer representation course on October 28-29. He also reminds members to complete their 12 Continuing Education Credits by April 30, 2025, underscoring the importance of professionalism and continuous learning in real estate.
For questions and concerns, please contact us at 973-425-0110 or
The housing market saw a slight dip in existing-home sales in September 2024, as three out of four major U.S. regions experienced declines, according to the National Association of REALTORS® (NAR). Total sales, which include single-family homes, townhomes, condominiums, and co-ops, fell 1.0% from August to a seasonally adjusted annual rate of 3.84 million, marking a 3.5% decrease year-over-year.
While this overall decline continues the trend of a slower market, there is some positive news for both REALTORS® and their clients. NAR Chief Economist Lawrence Yun highlighted that factors like increased inventory, lower mortgage rates compared to last year, and a growing job market may signal potential improvement ahead.
Inventory Boost Brings Hope for Buyers
The total housing inventory at the end of September reached 1.39 million units, a 1.5% increase from August and a significant 23.0% jump from one year ago. This uptick in available homes translates to more options for buyers, a trend that can help alleviate some pressure in this competitive market. The unsold inventory now sits at a 4.3-month supply at the current sales pace, compared to just 3.4 months in September 2023.
