For many, obtaining a real estate license is an advantageous opportunity that opens new doors for their careers. All laws and regulations involved with obtaining a license come from the New Jersey Real Estate Commission. Currently, all applicants who wish to receive their license as a broker, salesperson or broker-salesperson must fulfill the educational requirements for licensure established by law and pass an examination conducted under the supervision of the REC.

The REC is empowered to revoke licenses and/or otherwise sanction individuals and firms for violations of the license law.

According to the Commission, all applicants for licensure as a broker or salesperson must meet the standards for good character and fulfill the educational requirements for licensure established by law. In addition, the Commission is authorized to conduct investigations, hold hearings and revoke licenses and otherwise sanction individuals and firms for violations of the license law or its administrative rules.

The laws and mandates set forth by the New Jersey Real Estate Commission are separate from the regulations of the REALTOR® organization, though all New Jersey REALTORS® must first be licensed real estate professionals with the state.

Real Estate Licenses

Salesperson’s License

To qualify for a real estate salesperson’s license, an applicant must be at least 18 years of age, have a high school education or equivalency, complete a 75 hour prelicensure course at a licensed school and pass the license examination.

After successfully completing the course and passing the examination, the applicant must then apply for a license through a sponsoring real estate broker.

Broker’s License

To qualify for a broker’s license, an applicant must have a high school education or equivalency, and must successfully complete 150 hours of prelicensure education.

Applicants must first complete a 90-hour general real estate course followed by two 30-hour courses on Agency/Ethics and Office Management and related topics. In addition, applicants must have been continually licensed and employed on a full-time basis as a New Jersey real estate salesperson for the three years immediately preceding their application.

Broker-Salesperson’s License

A broker-salesperson has the qualifications of a real estate broker but is employed by and operates under the supervision of a licensed real estate broker to perform the functions of a real estate salesperson. To become a broker-salesperson, an applicant must first meet the licensing requirements of a real estate broker.

If an applicant has ever been convicted of a crime or is currently on parole or probation his/her application for a real estate license may be denied.

As the Broker & Owner of Realty Executives Elite Homes I havde made the decision to stop feeding our listings to sites like Zillow & Trulia. Strating January 2017 we will no longer be allowing our listings to feed from the MLS to Zillow & Trulia.

You may be asking why I think this is a smart decision and my answer is quite simple we as brokers spend time energy and money to procure and market our client's homes and we want to represent them to the best of our ability, sites like Zillow/Trulia use our listings to sell ad space to Realtors and consumers are under the impression that the agent that shows up next to a property is the Listing agent, thefore misrepresenting the property.

Realty Executives Elite Homes has a very strong online presence and we pride ourself on our marketing and under the guise of Branding, Consitencey & Marketing Continuity I want to keep the same quality of marketing we do give to all our clients and this is the reason why I have made this decsion.

Matthew De Fede

Broker/Owner

Realty Executives Elite Homes

Nutley NJ 07110

973-846-0065

Matthew De Fede, Broker / Owner of The Realty Executives Elite Homes in Nutley and his dependable team of Real Estate Agents, is committed to becoming a long lasting locally grown company here in Nutley Getting to know the local people and businesses is a personal goal. Learning the needs and direction of this town is a priory and helping accomplish them is a mission.

As a way to give back to the local community we are holding the 1st Annual Realty Executives Elite Homes Bike Raffle. The Raffle starts November 1st and will run to November 30th.

To enter simply come visit us at 674 Bloomfield Ave. Nutley NJ 07110 and enter to win. We are collecting for the local Food Pantry so we are asking that each entry is accompanied with a non perishable food item.

Together we can support our less fortunate this upcoming Holiday Season. We look forward to meeting you and your families during this exciting event. Thank you in advance for all of your local support.