News & Events
Have you faced issues when selling a home with solar panels? If you and your clients have experienced delays, price changes, or sales falling through due to solar panels, NJ Realtors® wants to hear from you.
Share your solar panel home sale story with the NJ Realtors® Government Affairs department. They will then be compiled and shared with elected officials working on this issue.
The New Jersey Realtors® Good Neighbor Award recognizes three Realtors® who have made extraordinary commitments to improving the quality of life in their local and/or global communities through volunteer community service.
Three winners are chosen annually and receive a grant in the amount of $2,500 for first place, $1,500 for second, or $1,000 for third place for the charity organization of their choice.
All winners are recognized in the January/February issue of New Jersey Realtor®, on our website, receive state and local publicity, and an award signifying their contributions. All three winners are also announced in December during an awards ceremony at the Realtors® Triple Play Convention and Trade Expo in Atlantic City.
The deadline for applications is September 17, 2021.
The 2021 NJ Realtors® Good Neighbor Award Application is now online at the following link: https://apply.njrealtor.com/forms/good-neighbor
Looking for the perfect way to introduce your clients to the Montclair area or thank someone on your team? Back by popular demand, Montclair Art Museum is offering bundled gift memberships at exclusively discounted rates.
NCJAR members are invited to attend the Montclair Art Museum Free Open House & Breakfast on Wednesday, June 9 (9:30am-11:30am) at the Montclair Art Museum.
You are invited to an in-person breakfast reception to hear about one of New Jersey’s most important cultural assets. There will be short presentations to acquaint yourself with the resources available at the Museum, followed by free access to the current exhibitions: New York to New Mexico: New Acquisitions and Fragile Freedoms: Maggie Meiners Revisits Rockwell.
NCJAR'S Nominating Committee is seeking members who are interested in serving in a leadership position on the NCJAR’s Leadership Team. The annual nomination and election of Officers and Trustees for the North Central Jersey Association of Realtors® is intended to be an open process in which members may nominate themselves or fellow members.
Nominations must be submitted by June 30, 2021
The NCJAR Nominating Committee is responsible for reviewing all nominations to ensure candidates meet the qualifications of the position they have been nominated to serve, and may require interview of the nominees.
For questions regarding the nomination or election process, please contact NCJAR CEO, Mary Cano at 973-425-0110.
Each year, the New Jersey REALTORS® honors members who have shown a long-term commitment to the REALTOR® organization. Those who reach 25 years or more of membership in the association are inducted into the Quarter Century Club. New members are recognized for this achievement during the NJR® Awards Ceremony at Triple Play REALTOR® Convention each December. Every new member of the Club receives a certificate and pin to honor this accomplishment.
Quarter Century Club Application
Applications must be submitted to NCJAR no later than September 10, 2021. Proof of membership is the responsibility of NCJAR.
Each REALTOR® has a unique vision for retirement. Proactive planning is the first step towards bringing that vision to life. Register now to attend NAR’s Center for REALTOR® Financial Wellness Retirement Summit, featuring Morgan Stanley® experts. This four-part virtual series in July will help you shape your vision for retirement and develop steps to ensure your finances are set for the long-term.
Join Mike Engel, Institutional Consulting Director and Director of Corporate Retirement, and Jim Phillips, SVP Wealth Management Financial Advisor and Senior Investment Management Consultant, as they talk about retirement basics, tips for pre-retirees, and investment strategies for independent contractors. The event consists of four one-hour webinars, every Wednesday in July starting at 1 p.m. CT. -
NCJAR’s Diversity and Cultural Affairs Committee invites you to attend a FREE Webinar on Finding the Right Product for your Buyer, presented by NCJAR Affiliate Expert Panelists! Your buyers are facing one of the most challenging markets ever. The competition is fierce, and it is more and more difficult to secure suitable loans.
- Learn how to leverage the right product to increase market share
- Provide clients with informed choice
- Create expanded opportunities in diverse communities
- Create and leverage a vital component of your “Personal Brand.”
Want to Learn More? Join Us on Tuesday, June 15th at 1:00 pm on Zoom! In just one short hour, you may find a mortgage product that could help you and your Buyer get to the closing table with confidence!
- FHA: Sheetal Sawhney, Branch Manager Cross Country Mortgage
- Conventional: Matthew Victoria, Branch Manager American Financial Network
- VA Loans: Gregory Murray, VP, National Client Relationship Manager Military Program
NCJAR has partnered with local nonprofit MEND, which partners with local pantries and works to alleviate hunger by providing fresh and healthy food to our neighbors facing food insecurity. People facing food insecurity also struggle with high rates of nutrition-related health issues due to a lack of access to healthy food
You can help by “shopping” for needed fresh food, and by sharing the link with your clients, colleagues, friends and family. All of the fresh food purchased in this drive will be delivered to MEND to be distributed to families in need.
MEND works to alleviate hunger in Essex County by supporting our network of food pantries. It also served over 160,000 people in 2020. Support includes fresh and healthy food, funds, social services referrals, volunteers, and a forum for member pantries. MEND advocates for policies to improve the quality of life for those in need in the County.
Click on the DONATE button and go to the donation store where you can pick out and purchase healthy food items. At the end of the Drive, donations will be delivered for you directly to one of the MEND Food Pantries.
Thank you for your support!
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to submit offers on multiple properties before they are able to secure a purchase.
- Single Family Closed Sales were up 23.0 percent to 2,120.
- Townhouse-Condo Closed Sales were up 46.5 percent to 558.
- Adult Communities Closed Sales were up 70.0 percent to 51.
- Single Family Median Sales Price increased 15.9 percent to $478,000.
- Townhouse-Condo Median Sales Price increased 0.9 percent to $297,000.
- Adult Communities Median Sales Price increased 14.4 percent to $375,000.
Working with Buyers in a “low inventory” market can result in buyer disappointment and frustration. Possibly making it harder for a buyer to write an offer, are the “special conditions” that the listing agent has added to the listing, which the buyer must agree to in their written offer.
If those special conditions are at the directive of the SELLER, then those directives should be put in writing to the listing brokerage/agent as an Addendum to the listing agreement, and made available for inspection by the buyer’s agent and the buyer client if they ask the listing agent to see them as per NJAC 11:5-6.4f. If the listing agent on their own initiative without the Seller’s knowledge and written instructions is requiring those special conditions, and/or they refuse a buyer agent’s request to see the Addendum to the listing that contains such instructions from the Seller, then the listing agent would be found in violation of NJAC 11:5-6.4f if a complaint were filed with the NJREC, and their manager/broker could be found in violation of NJAC 11:5-4.2 for failure to properly supervise the activities of their licensee.