Education

The New Jersey Consumer Protection Enhancement Act requires one agency CE credit to be completed by the end of the current CE term (2023-2025). To renew your license, you must complete your CE requirements by April 30, 2025 to avoid a $200 late fee.

The New Jersey Real Estate Commission (REC) recently advised NJ Realtors® that licensees who have already taken specific courses containing agency subject matter (formerly approved in the Core CE category) during the current term will have satisfied their Agency CE requirement.

The NJ REC is working with vendor PSI to update all licensee transcripts. While many transcripts still need to be corrected, PSI is working to resolve this (and other issues with their system) in December of 2024.

Members who have taken the approved Agency courses in ACE (or with a local board using the ACE system) already have their transcripts updated in ACE. If a member completed a course with an outside provider (or non-ACE local board), the members should contact the host of the class directly to determine if the course qualifies for Agency credit.

Additionally, member/licensees who are looking to take an Agency course have the following options with New Jersey Realtors®:

• Online course: “Agency – The Big Picture” ($10.50 in ACE)
  CE Credit New Jersey Real Estate: 3 Agency Credits (C20161428). Register here.
• New Jersey REALTORS is also developing a free, 1-hour Agency online course available to all members in the next several weeks. Watch MJAR communications for more information coming soon.

The National Association of REALTORS® (NAR) deadline to complete your triannual Code of Ethics requirement is December 31, 2024. All REALTOR® members must complete at least 2.5 hours of Ethics education every three years. See below to view opportunities to complete your NAR Code of Ethics requirement.

New Requirement from NAR: Starting in 2025, REALTOR® members will be required to complete a minimum of 2 hours of Fair Housing training every three years. Note: NAR Code of Ethics training cycles run on a triennial basis.

Submit Your Code of Ethics Certificate of Completion

If you have completed your ethics course training for cycle 7, submit proof of completion to Joanne@MidJerseyAOR.com. MJAR will update your record to reflect your completion of the triennial Code of Ethics requirement.

Check your Code of Ethics status here. If you need to take the training, NAR provides online Code of Ethics courses, including free courses—find them here. For information about Code of Ethics training tools and resources, click here.

The New Jersey Real Estate Commission mandates that all real estate licensees complete CE every two years to maintain their licenses. Agents are urged to talk with their brokers regarding submitting the renewal fee to the NJ Real Estate Commission. Licensees must also complete the Qualifying Questionnaire prior to renewing their license. The current cycle began on July 1, 2023 and ends on June 30, 2025.

To qualify for license renewal or reinstatement, every individual renewing their license as a broker of record, broker-salesperson, or salesperson must satisfy the below CE requirements (those renewing as referral agents do not need CE):

• You must complete 12 continuing education credit hour
• Two hours must be completed in Ethics (Core) Topic Area
• One hour must be completed in the Fair Housing (Core) Topic Area
• Six hours must be completed in Core Topic Area
• The six remaining hours may be completed in Core or Elective topics

You can check your CE status via the PSI Online CE Tracking System.

Important dates for license renewal:

• April 30, 2025 : CE must be completed to avoid a $200 late fee from the NJ Real Estate Commission
• May 1 – June 30, 2025: Licensees may submit CE credits, but are subject to a $200 late fee
• If you obtain your license after July 1, 2024, you are not required to complete CE until the next cycle ending June 30, 2027

Waivers from CE requirements may be granted either in whole or in part for the following:

• Incapacitating illness
• Active military duty
• Emergency
• Other substantial/unavoidable hardship (not including financial hardship, business conflicts, or personal obligations)

Licensees granted a waiver from CE requirements (except for active duty military service), will have to make up the waived core course(s) missed in the next license term in addition to all of the credits required for that license term as a condition of license renewal for the license term following when the waiver was issued. (For example, if six core credits were waived, a licensee must complete 18 credits in the next license term.) See N.J.A.C. 11:5-12.5(f).

Any waived elective courses will not have to be completed by a real estate licensee. See N.J.A.C. 11:5-12.5(g).

Application for Real Estate Continuing Education Waiver

• The CE Shop, an online education provider with which MJAR has a partnership, now offers the 75-hour New Jersey Pre-Licensing course for you to obtain your New Jersey Real Estate Salesperson license online.
• Learn more and register for The CE Shop’s online pre-licensing program here.