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October 2020

Here is the latest issue of the NJMLS newsletter. It has also been emailed to you in a more mobile-friendly version. 

Table of Contents

Annual Meeting
Rule Change
Supra
Class Calendar
 

Designated Realtors:  2020 Annual Meeting via Zoom


Designated Realtors, please join us on Tuesday, October 20th virtually via Zoom at 9:30AM for our Board of Directors meeting and presentation.
 
The presentation will include:

Overview of NJMLS Growth
Update on New Policies
2020 - Adapting Virtually
System and Tools Enhancements
Training and Support Update

 
 
Designated Realtors:  
 
After registering, you will receive a confirmation email from Zoom containing information about joining the meeting.
 

We look forward to you joining us virtually!   
 

Clarification to Rule Change


A recent addition to the NJMLS Rules and Regulations, Section 1.17, requires each member participating in a transaction to be listed as co-listing agent or co-selling agent. Fields were added to accommodate the reporting of up to four co-listing agents and up to four co-selling agents.
 
Based on questions and feedback received by our membership about this new rule, the Board of Directors approved the following changes:
 
  • Amending the rule to define participation in a transaction. This new language is highlighted below.
  • Formalizing a team structure within our system. System changes will be made to allow Designated Realtors to set up teams in their offices, and separate Market Share Statistics for teams will be created.  Specific details on these system changes to follow.
 
 
Section 1.17
Listings with Multiple Listing/Selling Agents

Each Participant must list each Subscriber participating in the transaction in the appropriate co-listing or co-selling agent field in the MLS. 
 
Participation is defined as the licensed Realtor® or Realtors® who is/are a Subscriber(s) to the Service and is/are the predominant interacting Realtor® or Realtors® with the client in the transaction. If more than one, all Subscribers must be represented as co-listing or co-selling agents.   Participation is NOT defined as someone who provides only the following or similar services:

 1)    Administrative assistance in a transaction
 2)    Access to the property for an inspection
 3)    Preparation of paperwork
 4)    Coordination of showings
 
 

 

Alert Regarding Supra DisplayKEYS


Attention NJMLS members who have leased DisplayKEYS from us:  Supra is phasing out the Display KEY option.  In order to continue service, an upgrade to the eKEY app will be required.

The upgrade process only takes a few minutes and will be done over the phone.  The cost of the eKEY app is $16.03 monthly, auto-billed to your credit card or checking account.  

Supra will be providing an online appointment scheduler where you can select a day and time to complete your upgrade by phone.  To ensure continued service, and to avoid a $50 reactivation fee, please do not wait to schedule your appointment. If you upgrade prior to November 12th, Supra will mail you a check for the remaining balance of your DisplayKEY annual fee.

Look for an email from the NJMLS with a link to the Supra online appointment scheduler.  Schedule a phone appointment to complete your upgrade.


Please Note:  This upgrade is only required for DisplayKEY users. 
Current eKEY users are not affected as there is no change in the eKEY application/service.

 


 

October Webinar Calendar

 
Please use the links provided on the XL Paragon Desktop or call us at 201-387-1150 for assistance with webinar registration.
 
Please note, all classes this month will be offered as webinars only.
 
 
October 2020

Tuesday, October 13th
10:00am - 11:00am   Map Search Webinar
1:00pm - 2:00pm  Tracking Tools Webinar


Wednesday, October 14th
10:00am - 11:30am   Orientation Webinar

Thursday, October 15th
10:00am - 11:30am   Orientation Webinar
1:00pm - 2:00pm   Orientation Part II Webinar

Monday, October 19th
10:00am - 11:00am   Prospect Webinar
1:00pm - 2:00pm  Cloud CMA


Wednesday, October 21st
10:00am - 11:30am   Orientation Webinar

Thursday, October 22nd
10:00am - 11:30am  Orientation Webinar
1:00pm - 2:00pm   Orientation Part II Webinar


Friday, October 23rd
10:00am - 11:00am   Cloud CMA Webinar

Monday, October 26th
10:00am - 11:30am   Back to Basics Webinar

Tuesday, October 27th
10:00am - 11:00am   Power Tips for NJMLS Webinar
1:00pm - 2:00pm  Intro to Remine PRO Webinar


Wednesday, October 28th
10:00am - 11:30am  Orientation Webinar

Thursday, October 29th
10:00am - 11:30am  Orientation Webinar
1:00pm - 2:00pm   Orientation Part II Webinar


 
 

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To foster cooperation between REALTOR® members while providing
the highest quality data, tools, technology, and service.

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