News & Events
REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. The NAR Code of Ethics Deadline is December 31, 2021.
Training may be completed through NCJAR’s online courses, live virtually or online self-paced. Read the consequences for failing to complete Code of Ethics training.
Online Self-Paced Code of Ethics Options
NCJAR Wishes You a Joyous Holiday Season with Peace and Cheer in the New Year!
NCJAR Holiday Hours are as follows:
Thursday, December 31, 2020: 9:00am-2:00pm
Friday, January 1, 2020: CLOSED
We will reopen at our regular business hours (Monday – Friday 9:00am – 4:30pm) on Monday, January 4, 2021.
Please Note: The GSMLS is also Closed on January 1, 2021
NCJAR Offices close early on Thursday, December 24, and will also be closed on Friday, December 25, 2020, to recognize the holiday. We will reopen at our regular business hours (M-F 9 am – 4:30 pm) on Monday, December 28, 2020.
NCJAR wishes you a Joyous Holiday Season & a Happy New Year!
If you have any questions or concerns, please feel free to contact us at any time.
Please Note: The GSMLS is also Closed 12/24, 12/25 & January 1, 2021.
November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for the month.
- Single Family Closed Sales were up 43.1 percent to 2,812.
- Townhouse-Condo Closed Sales were up 27.9 percent to 600.
- Adult Communities Closed Sales were up 39.2 percent to 71.
- Single Family Median Sales Price increased 20.4 percent to $451,500.
- Townhouse-Condo Median Sales Price increased 11.6 percent to $298,000.
- Adult Communities Median Sales Price increased 2.1 percent to $372,500.
North Central Jersey Association of Realtors® 2020 President, David Weisbrod recaps 2020! Through unforgiving conditions, you were all resilient, resourceful, and determined to meet the needs of your clients, customers, and communities. Congratulations to all NCJAR members for making 2020 a success.
Here are a few of our successes to celebrate and remember for years to come:
- Daily Virtual CE Classes & Webinars
- 2020 Virtual Turkey Drive Yielded 10,300+ Lbs. of Food
- YPN Veteran Mask Drive Raised over $800
- Global Council Ambassadorship to the Dominican Republic
- Exceeded RPAC Fundraising Goal
- Strengthened Commitment to Diversity & Inclusion
- Legal Hotline
If you have ever considered running for a public office join New Jersey Realtors®, Representatives from the National Association of Realtors®, Real Strategies, and Genova Burns every Wednesday in January from 10-11:30 a.m. for an introduction on what it takes to run for office. Candidate Training gives REALTORS® an introduction to and the expectations of running for public office. It is a valuable head start in their political journey and provides information on how to run successful campaigns.
In four sessions attendees will learn why they should run for office, fundraising, legal compliance, and how to plan and budget for a campaign.
Get a valuable head start in your political journey—space is limited so RSVP today.
Each training is scheduled for 1 hour, 30 minutes - 10-11:30am ET
Are you advertising that you are the number one agent or the number one brokerage firm in a specific town or county? Can you prove that if you are challenged to do so?
Are you advertising that your brokerage firm offers services that other brokerage firms do not? Can you prove that if you are challenged to do so?
Are you advertising an informational piece that shows 10 properties sold in a specific area with an agent’s name and brokerage firm name? Can the consumer misconstrue that your agent and your brokerage firm listed and sold all of the properties? Would that be misleading to the consumer?
Our NAR Code of Ethics, Article 12 states that Realtors® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations.
If your advertising is deemed in violation of our Code of Ethics, you may be sanctioned monetarily, required to complete education courses at your expense, and possibly lose your REALTOR® membership. If I am made aware of an advertisement that appears to be in violation of Article 12, I will reach out to the author. Please, be professional and advertise only what is truthful and cannot be misconstrued by the public. It is the ONLY ethical way to do business.
CDC Guidelines for Covid-19 are still in place. Nothing has changed. When showing properties, all licensees must follow the CDC Guidelines. It is every broker-manager and agents’ responsibility to know the guidelines and to follow them. These guidelines are in place whether it is a private showing or an open house. Maintain social distancing. Wear masks. If the seller wants booties, then get the booties and make sure everyone is wearing them. Restrict the number of people in the house. Have the hold harmless form signed if your seller wants that before entry to the home. Remember it is not up to another agent to tell you what the guidelines are, or to find out that you did not follow them when showing their listing.
Is the “team” a real estate brokerage firm? It is not!!! Then why is team advertising in a manner that makes it appear to the public as though it is? The NJREC’s “Advertising Rules” N.J.A.C. 11:5-6.1 are very clear. The name of the brokerage firm shall appear in larger print or be displayed in a more prominent manner then the name of the agent(s) or Team. The main office number must appear if other numbers are listed. Agents names are required to be identified with their license status, i.e.: Broker-Salesperson, Salesperson. Remember, as a licensee, you can only work under the supervision of a licensed broker or brokerage firm and the NJREC wants the public to know who that broker of record is and who the brokerage firm is that you work for.
During this Covid time, it is necessary for us to set up specific procedures for dropping off applications to the Board offices for the safety and well-being of our members and staff. PLEASE NOTE THE FOLLOWING:
APPLICATIONS CAN BE DROPPED OFF TO ANY OF OUR 4 BOARD LOCATIONS BEGINNING DECEMBER 16TH AS FOLLOWS:
MORRISTOWN – DROP OFF AT FRONT OF BUILDING (inside vestibule)
WAYNE – DROP OFF AT BACK OF BUILDING (drop box)
BLOOMFIELD – DROP OFF AT BACK OF BUILDING (drop box)
WESTFIELD – DROP OFF AT FRONT OF BUILDING (inside vestibule)
- ALL APPLICATIONS ARE DUE BY JANUARY 8, 2021, BY 5:00PM. NO EXCEPTIONS.
- ALL MLS TRANSACTIONS THAT ARE AUTO-POPULATED FROM THE MLS DO NOT NEED MLS PRINTOUT SHEETS IF THERE IS A CHECK MARK (√) NEXT TO THE TRANSACTION. IF THERE IS NO CHECK MARK (√) YOU MUST SUPPLY MLS SHEET
- ALL NON-MLS TRANSACTIONS MUST HAVE EITHER A COPY OF YOUR COMMISSION STUB, OR A COMPANY TRANSACTION REPORT. IF THIS DOCUMENTATION IS NOT ATTACHED, THE APPLICATION CANNOT BE APPROVED.
- ALL SIGNATURES AND INTITIALS MUST BE COMPLETED OR APPLICATON CANNOT BE APPROVED.
We will not be asking for applicants to “drop off” additional information or proof, so please make sure your applications are complete. Check your transactions. Include all proof required for non-mls transactions. Initial every page where indicated. Have your broker sign.