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new jersey realtors: New Jersey Real Estate Commission Releases Memorandum on Buyer Rebates - 02/09/10 02:59 PM
The New Jersey Real Estate Commission (REC) has released its promised memorandum regarding implementation of the new law, enacted by former Governor Corzine, allowing buyers brokers to offer a rebate to buyers.The REC has not promulgated the rules to implement the law yet, but since it took effect immediately upon signing buyers rebates are legal in New Jersey. Up until January 5, 2010 the Commission prohibited rebates to buyers.
Until the rules are adopted, the REC is urging compliance with the language of the law on who may provide and receive a rebate, conditions concerning the providing of a rebate, limitations … (6 comments)

new jersey realtors: NJ Home Buyers Are Already Asking About Commission Rebates - 01/24/10 07:43 AM
 
New Jersey’s new law permitting rebates in residential real estate transactions is already drawing consumer questions. 
On January 19, 2010, former Governor Jon Corzine signed  A-373 into law, permitting rebates to consumers in real estate transactions.  The bill’s intention is outlined in it’s explanatory statement:
“This bill amends R.S.45:15-17 to permit a real estate broker, broker-salesperson or salesperson to give a client a rebate from the commission that the real estate broker, broker-salesperson or sales person receives in a transaction.” 
While the New Jersey Association of REALTORS®(NJAR) originally opposed this measure when it was first introduced, but as the bill … (14 comments)

new jersey realtors: New Jersey REALTOR Continuing Education Now Law! - 01/19/10 10:00 AM
Good news for New Jersey home buyers and sellers!  Governor Corzine has signed into law legisltion that requires up to 16 hours of continuing education for New Jersey REALTORS.
It won't be long now before New Jersey's new Governor, Chris Cristie, is sworn in.  But the New Jersey Association of REALTORS (NJAR) just reported via Twitter, that Governor Corzine has signed the continuing education bill.
The continuing education courses are not contained in the new law.  An advisory committee will be appointed to decide what will and will not qualify for continuing ed credit.
More on the new law is available here.
Good job New … (5 comments)

new jersey realtors: NJ REALTOR Continuing Education Requirements Await Governor's Approval - 01/08/10 04:17 PM
It's now up to Governor Corzine to sign into law legislation requiring continuing education for New Jersey's real estate professionals.The State Senate yesterday approved A-3099/S-2068, which provides for mandatory continuing education (CE) for real estate brokers, broker-salespersons and salespersons.
The final passage of this bill in the Legislature represents two years of work by New Jersey Association of REALTORS® and the NJ Real Estate Commission. The bill requires up to 16 Continuing Education (CE) hours as a condition of license renewal. Once enacted this law will require an appointed advisory panel approve CE courses.  
Those courses may be delivered in a classroom … (7 comments)

 
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Laura Giannotta 'Your Realtor Down the Shore!'

Little Egg Harbor, NJ

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Keller Williams Realty Atlantic Shore, NJ

Address: Keller Williams Atlantic Shore, Laura G's Home Office, Manahawkin, NJ, 08050

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