April 2014 Events and Continuing Education

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Sunday Monday Tuesday Wednesday Thursday Friday Saturday
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Community Service (09:30 AM-10:30 AM
Committee Meeting
Understanding Home Inspections - 3 Elective NJREC Credits-CLASS IS FULL!!!! (09:30 AM-12:30 PM
Join Instructor Mike Kuhn to gain greater insight into the home inspection process including:
- The purpose and scope of a home inspection
- Best practic es for home inspections
- Common inspection methodologies
- An overview of house components
- Common conditions found
- Proper reporting methodologies
- Inspector tools and equipment
- Common ancillary services
- Pre-Inspections

A light breakfast will be served.
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Professional Standards (01:00 PM-02:00 PM
Professional Standards Committee Meeing
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Principles of Commercial Real Estate Valuation - 2 Elective NJREC Credits (09:30 AM-11:30 AM
A review of the principles and practices of commercial brokers in evaluating and pricing commercial real estate for sale or lease.  The main focus of the course is to understand and manage the key factors in valuation of property including market comparables, appraisal techniques, property and market environment analysis, cap rates, lending rates, and the reconciliation of a property price to market values.
Affiliate Networking Event (04:00 PM-06:00 PM

Time and Place has been Changed regarding our Wednesday, April 9th meeting.

The Affiliate Parterners are getting together for fun Networking Event Wednesday, April 9th from 4:00 - 6:00 p.m.
Stoney Brook Grille, North Branch, NJ

Complimentary Hors D'oeuvres with a Cash Bar.

All Affiliate Partners are invited
Registration is Required, No Walk-Ins.
LUNCH & LEARN, Code of Ethics and Multiple Offers, 6 CORE NJREC Credits - FULL (09:00 AM-05:00 PM
9:00 AM- 12:00 PM Review and Updates of the REALTOR® Code of Ethics– 3 Core NJREC Credits –
2 Ethics and 1 Core NJ CE
The seminar will review each article of the Code of Ethics, how it compares to the licensing regulations and how it impacts our activities as REALTORS®
Multiple case studies will be used to discuss the application of the Code of Ethics .

12:00 PM 1:00 PM - Lunch will be provided

1:00 PM - 4:00 PM Multiple Offers – Be Prepared 3 Core NJ CE 
There are multiple offers on the house your buyers want to purchase, what can you do to increase their chances of being the winning bid?   The sellers are facing multiple offers, what do you do next?

This course will discuss;
· Legal and ethical requirement
· Confidentiality issues
· Disclosures
· Escalation clauses
· Various scenarios buyers and sellers may encounter
· The pros and cons of various strategies
· Risk management suggestions for the licensees facing multiple offers will conclude the course.
**** Satisfies the entire CORE NREC Requirement of 6 Credits (2 Code of Ethics + 4 more core credits)

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NAR Quadrennial Member Code of Ethics Training COE 2 Core NJREC Credits (09:00 AM-11:30 AM
2.5 hours of Quadrennial Ethics Training as mandated by the National Association of REALTORS® (NAR®).
Budget & Finance (09:30 AM-10:30 AM
Committee Meeting
H/SAR New Member Orientation (11:30 AM-12:30 PM
Required orientation for new members.  Must be completed within three months of joining, or your membership could be suspended.
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SFR/Short Sale & Foreclosure Resource Certification - 7 NJREC Elective Credits (09:00 AM-05:00 PM
SFR Certification course educates you about the processes and procedures for short sales and foreclosures.
  • SFR Certification, the cost is $175 with the application
  • Must complete 3 FREE Webinars (available 24/7)
  • Access to 24/7 online networking, ongoing free webinars, logo & marketing materials
Please be aware that while this course offers 7 elective credits, NJREC allows a maximum of 6 elective credits toward NJ Continuing Ed.
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LUNCH & LEARN, Advertising Regulations and Environmental Concerns, 6 CORE NJREC Credits (09:00 AM-05:00 PM
9:00 AM- 12:00 PM Advertising Regulations– 3 Core NJREC Credits –
This presentation is a compilation of the most important regulations pertaining to advertising:

  • The NJREC Rules & Regulations, 11:5-6.1 & bulletin 10-3
  • The NAR Code of Ethics-Article 12
  • NAR Trademark regulations
  • Local MLS regulations
  • Truth in Lending Law (for financial advertising)

12:00 PM 1:00 PM - Lunch will be provided

1:00 PM - 4:00 PM Environmental Concerns -  3 Core NJCE  Credits -

  • Understanding disclosure regulations and red flags will be reviewed for various environmental hazards (led paint, oil tanks, mold, asbestos, septic tanks, & wells
  • The seminar will also discuss the impact of the NJ environmental regulations on the Real Estate transaction (Highlands Act, Pinelands, Freshwater Wetland, and Wetland Acts)
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NAR Realtors Property Resource and Lunch (11:00 AM-12:00 PM
MLSListings subscribers have access to one of the most sought-after tools in the industry—free access to the REALTORS® Property Resource™ (RPR)national database. This parcel-centric information database is a wholly-owned subsidiary of the National Association of REALTORS, and aggregates property data and analysis about more than 147 million residential and commercial properties across the U.S.RPR combines up-to-the-minute MLS data with public records, tax information, neighborhood demographics and more, to provide agents with the most comprehensive and accurate valuation tool available to the professional market. In addition, it comes with a number of useful features like heat maps and other mapping features, historic property comparison and a mobile application.RPR has also formed a strategic alliance with Fannie Mae to increase efficiencies in the short sale approval process for agents and their clients. The intent is to assist in reducing the time for real estate professionals to bring distressed properties to market, as well as reduce the time it takes to close the sale of these properties.

The RPR database has quickly become an in-demand resource for successful real estate professionals. To take advantage of RPR training through MLSListings, visit the training portal to locate a class near you or schedule a training session.

Lunch will be provided after class.

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MRP Designation - Military Relocation Professional Certification (09:00 AM-05:00 PM

Introducing NAR's Military Relocation Professional Certification

When military staff and their families relocate, the services of a real estate professional who understands their needs and timetables makes the transfer easier, faster, and less stressful.  this certification focuses on educating real estate professionals about working with current and former military service members to find the housing solutions that best suit their needs and take full advantage of military benefits and support.   Students will learn how to provide the real estate services at any stage in the service member's military career that meet the needs of this niche market and win future referrals.

For more information on the benefits and to become certified, go to : 
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