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NAR® Ethics Enforcement Update

NAR® Board of Directors have given associations new teeth for enforcing Code of Ethics violations.

Under changes to the NAR® Code of Ethics and Arbitration Manual, local associations that choose to adopt the policy can publicize the names of members and the nature of their violations after a second violation of the Code of Ethics. They can also release a photograph of the member as part of that public disclosure.

Also, there are changes to how the listing broker or agent responds to an offer. View pdf NAR ethics enforcement may 19 2018 (51 KB) for all of the details.

Cherry Hill Fire Department Residential Resale Requirements for One & Two Family Dwellings

Effective beginning January 1, 2018, the initial fee for the inspection entitles the applicant to one (1) inspection, including an attempted inspection where an appointment was scheduled and entry into the property was not gained. A fee of $35.00 will be charged for every additional inspection (re-inspection) necessary to achieve compliance. The fire extinguisher requirement has been revised; the extinguisher shall be an approved listed and labeled type 2A10BC (no more than 10 lbs.) Click here for the form: CHFD Residential Resale Inspections 2018

CEO Update - "Coming Soon" Listings

We have had a lot of calls coming in regarding "Coming Soon" listings and the rules and regulations that the state has for them. Please view THIS short video from the National Association of REALTORS to give you a better understanding of the rules. 

 - Must have a valid Listing Agreement and must have a waiver from the seller to keep the listing off the MLS. 



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