NJ Homeownership Gap DiscussionJoin NCJAR and Dr. Nichole Nelson, Ph.D., Policy Analyst for the New Jersey Institute for Social Justice (NJISJ), on May 12th at 10am on Zoom!

We will explore NJ's current homeownership rates, define and address barriers and determine how Realtors® can Lead the Industry into Expanding Homeownership for All. 

Guest Speaker: Nichole Nelson, Ph.D., Mellon/ACLS Public Fellow Policy Analyst, New Jersey Institute for Social Justice (NJISJ)

Moderated by: William "Bill" Flagg, NCJAR President

March2022.MarketStatsNationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of REALTORS®. Builders are working hard to ramp up production—the U.S. Census Bureau reports housing starts are up 22.3% compared to a year ago—but higher construction costs and increasing sales prices continue to hamper new home sales, despite high demand for additional supply.

  • Single Family Closed Sales were down 17.5 percent to 1,763.
  • Townhouse-Condo Closed Sales were down 15.9 percent to 471.
  • Adult Communities Closed Sales were up 3.3 percent to 63.
  • Single Family Median Sales Price increased 6.6 percent to $485,000.
  • Townhouse-Condo Median Sales Price increased 8.3 percent to $325,000.
  • Adult Communities Median Sales Price increased 5.1 percent to $389,000.

save the dateNCJAR's events calendar is full of celebrations, networking, and opportunity!

So save the following dates and stay tuned to www.NCJAR.com for even more upcoming events, event registration access, sponsorship opportunities, community outreach opportunities, etc. Attending NCJAR's events is a great way to meet new people, expand your universe and sphere of influence, and grow your business. 

JUNE 9 – 12-2:30  INTERNATIONAL FOOD TRUCK FESTIVAL – A networking social with our partner Associations: AREAA, NAHREP, NAREB, LGBTQ+ Alliance

JUNE 14 – 9-5  DIVERSITY, EQUITY & INCLUSION SUMMIT – A joint conference with NY and NJ Realtor® Association members – Sheraton Mahwah

JUNE 24 – 11-2  HOUSING AFFORDABILITY FAIR Prudential Center, Newark, NJ

SEPT 14 – 9-8  NCJAR’s CHARITY GOLF OUTING – Black Bear Golf Club, Franklin, NJ – Benefiting “Homefirst”

SEPT 28 – 6-10  CIRCLE OF EXCELLENCE AWARDS GALA – The Venetian, Garfield, NJ                                      

OCTOBER 7 – 9-3  ANNUAL MEMBERSHIP MEETING CONFERENCE Parsippany Hilton

OCTOBER 19 – 6-10  CASINO NIGHT FUNDRAISERHanover Manor, East Hanover, NJ  – Proceeds benefiting “Morris Habitat for Humanity”

If you have any questions or concerns about NCJAR's Upcoming Events, please email This email address is being protected from spambots. You need JavaScript enabled to view it. or call 973-425-0110! 

Make Sure you Complete ALL CE Requirements NJ Real Estate licensees have only one year to complete their NJ Real Estate Commission CE Requirements. The CE Deadline is April 30, 2023. Don't forget to pencil in some time to complete your Continuing Education credit hours. Members can register and attend NCJAR Live Virtual Classroom courses in May 2022 FREE OF CHARGE. Some restrictions may apply*. 

►NCJAR's Live Virtual Classroom Calendar

►Online Self-Paced CE

NJ CE REQUIREMENT: The NJ REC requires that every individual licensed as a broker of record, broker-salesperson, or salesperson satisfy 12 CE Credits before 4/30/2023. Licensees must obtain at least 6 of the 12 credits "core topics." The 6 core credits must include at least 2 credits in ethics and 1 credit in Fair Housing. The remaining 6 credits can be "electives" or "core." *The NJ Real Estate Commission charges a $200.00 processing fee for licensees who do not complete their requirements before April 30, 2023. Anyone who applies or receives their NJ Real Estate license on or after 7/1/22 is exempt from completing CE for this term (7/1/2021-6/30/2023).

*Free CE Offer does not apply to Online Self-Paced courses provided by The CE Shop OR Virtual NAR Designations, Certification Courses. Members must log in to NCJAR.com in order for discounts to be applied. 

SellerPropertyDisclosureGov. Murphy signed A-2685 into law which requires that when a seller discloses awareness of water leakage, dampness, the presence of mold, and more on the property disclosure form, buyers must be provided with the New Jersey Department of Health's mold guidelines.

To comply with the law, which takes effect on May 1, NJ Realtors® updated form #140 in its ZipForm Library.

VISIT THE FORMS LIBRARY

LICENSED TO SELL3So You're Licensed to Sell Real Estate - 6 Elective

If you are a newer agent, this course is perfect for you! Upon completion of the course, you should be more prepared to meet the challenges of working with Home Buyers and Home Sellers by being more familiar with the various stages of the Home Buying and Home Selling Process.

expandinghousingVirtual: FREE Expanding Housing Opportunities - 4 Core

This course teaches you how to build partnerships in your practice. You’ll learn how to develop relationships with housing counselors, nonprofit organizations, lenders, and governmental agencies and officials.

These partnerships will open new avenues to affordability. Most important, you’ll partner with your clients more effectively than before as you find the services and opportunities that are right for them.

Instructor: Geri Hodgetts

Thursday, April 28, 2022 at 10:00am – 2:00pm

REGISTER FOR FREE

scamMembers of NCJAR have reported receiving a phone call claiming to be a service technician from PSE&G with a shutoff notice for any of the listings from the number 510-602-2281, belonging to Matthew Smith with the ID#14516.

If you received any calls or messages from this phone number please report and block the number.

Questions: This email address is being protected from spambots. You need JavaScript enabled to view it. or call (973) 425-0110.

NCJAR AffiliatesExplore NCJAR's Affiliate Directory, filled with local representatives available and interested in fulfilling your real estate and business needs.

NCJAR's Affiliated professional real estate service providers include finance and mortgage representatives, settlement, insurance, and legal professionals interested in connecting with Realtors® and other real estate professionals.

Get to know NCJAR affiliates by participating in social events, networking sessions, and educational presentations!

NCJAR Calendar

UNCOMMON CONNECTIONS“UNCOMMON CONNECTIONS: BUSINESS RELATIONSHIPS, TRUST, AND ACCOUNTABILITY”

The reality of “social distancing” was that we learned Human Connections matter more than ever.  All opportunities in life come from people, and those who understand how to make, grow and keep their business relationships find success in all economic situations.  We are stronger together.

In a would still distanced and with more remote work, building relationships, trust, and accountability is a key to growth. All things being equal, people choose to do business with those they know, like, and trust. But not all connections inside your company and outside are created equally. A like, link, share, or follow is not necessarily a powerful engagement.

The contacts with whom you build long-term and mutually beneficial relationships that impact your life are rare. These “Uncommon Connections” can be cultivated and should be cherished. This presentation is an action packed look at how to create business friendships, build trust, and create unlimited opportunities.

Thomas Singer - National Speaker
www.thomsinger.com

Monday, April 25, 2022 at 10:00am-11:30am

Admission Fee: $39.00

REGISTER ONLINE