NCJAR News
This prestigious program comprises two awards: The NJ Realtors® Circle of Excellence® Sales Award® and the NJ Realtors® Distinguished Sales Club. Applications will open on Aug. 1 and will be due by 5 p.m. EST on Jan. 8, 2024.
The NJ Realtors® Circle of Excellence® Sales Award® recognizes those members who have demonstrated excellence in the field of salesmanship.
The 2023 award levels are:
- Platinum: $20 million and 30 units minimum, or 125 units
- Gold: $12 million and 25 units minimum, or 90 units
NCJAR's continued success is built upon the dedication and contributions of its committee volunteers. These committees play a vital role in overseeing different aspects of NCJAR and guiding our decision-making processes. We invite all members to actively participate by submitting their committee selection forms, where you can choose up to three committees that align with your interests and expertise.
However, it's important to note that while we encourage your involvement, space on each committee may be limited due to high demand. Thus, there's no guarantee that you will be placed on all three committees you choose. We appreciate your understanding in this matter.
The deadline for committee selection is swiftly approaching—mark your calendar for FRIDAY, NOVEMBER 3, 2023. To address any questions or concerns you may have about the committees or the selection process, please feel free to reach out to Michelle Perrone Epstein at
In the case of Burnett v. NAR et al, the jury found NAR and co-defendants liable. NAR is resolutely defending market-driven pricing, consumer interests, and the invaluable role REALTORS® play. The commitment to appeal the verdict, the financial preparedness, and the unwavering dedication to pro-consumer principles are all signals of NAR's continued support for you and your profession. Your expertise in guiding clients through real estate complexities remains vital, and NAR is steadfast in preserving a fair and competitive real estate marketplace.
FAQs:
- Next steps legally and timing: The case is far from final, as NAR plans to appeal the verdict, and it may take several years to conclude.
- Basis for NAR's appeal: The specifics are undisclosed, but NAR asserts a strong legal basis for the appeal.
- Changes for REALTORS®, brokers, associations, or MLSs: No immediate changes due to the verdict, but NAR emphasizes buyer representation agreements and the importance of communicating commission negotiability and market-driven pricing.
- Future of buyer representation: The verdict doesn't mandate rule changes, but it highlights the need for members to emphasize their expertise in guiding buyers.
- NAR's funds for damages and appeals: NAR is financially prepared to post bond and proceed with appeals, confident in ultimate success.
- Effect on other ongoing litigation: The verdict does not affect other cases, and NAR remains confident in its pro-consumer rules.
- Settlement possibility: NAR is open to a resolution that benefits both buyers and sellers but remains confident in its appeal.
- Changing the cooperative compensation rule: NAR continually reviews and evolves its rules to align with industry changes while prioritizing consumer interests.
- Plaintiffs seeking an injunction: NAR would contest such efforts, as the rule aims to protect consumers and promote business competition.
- Status with the Department of Justice: NAR has upheld its agreement with the DOJ, and it's a separate matter from the Burnett v. NAR et al case.
Last Friday, on October 27th, we hosted a fantastic event – NCJAR's Shredding Day!- Secure Document Shredding: Our expert team was on hand to securely shred your sensitive documents, ensuring your personal information stays confidential.
- Cost-Free Service: We were thrilled to offer this service completely free of charge, making it accessible to everyone.
- Eco-Friendly Initiative: By participating, you not only protected your identity but also contributed to our paper recycling efforts, making a positive impact on the environment.
