NCJAR News
New Jersey Realtors® members are invited to attend a special advocacy event at the State House in Trenton, where New Jersey’s top elected officials have been invited to speak on issues impacting the real estate industry, homeownership, and private property rights.
This REALTORS-only event offers members the opportunity to hear directly from policymakers and engage in conversations about the legislative decisions shaping the future of real estate across New Jersey.
Attendees will also have the chance to connect with fellow real estate professionals from across the state while learning more about the important role advocacy plays in protecting the interests of REALTORS® and property owners.
Event Schedule
Shuttle Service Opens
8:30 AM
NJ REALTORS® Headquarters
10 Hamilton Avenue
Trenton, NJ 08611
New Jersey REALTORS® and brokerages should be aware of major updates coming to the state’s independent contractor rules. On May 5, 2026, the New Jersey Department of Labor and Workforce Development (NJDOL) formally adopted regulations clarifying how the state applies the “ABC test” when determining whether a worker is considered an independent contractor or an employee. The regulations are scheduled to take effect on October 1, 2026.
For industries like real estate that rely heavily on independent contractors, these changes are drawing significant attention.
What Is the ABC Test?
New Jersey already uses the ABC test to determine worker classification under laws including the:
- New Jersey Unemployment Compensation Law
- Wage and Hour Law
- Wage Payment Law
Under the ABC test, workers are presumed to be employees unless the business can prove all three of the following:
U.S. existing-home sales fell 3.6% month-over-month and 1.0% year-over-year to a seasonally adjusted annual rate of 3.98 million, according to the National Association of REALTORS® (NAR), as tight supply and ongoing affordability challenges constrained activity. Sales declined month-over-month in all four regions. Year-over-year, sales increased in the South and West but fell in the Midwest and Northeast.
- Single Family Closed Sales were down 11.7 percent to 1,076.
- Townhouse-Condo Closed Sales were up 0.3 percent to 355.
- Adult Communities Closed Sales were up 16.7 percent to 49.
Many real estate professionals are already familiar with seller impersonation scams. A new threat is now emerging in which fraudsters pose as legitimate buyers to gain access to the devices, files, and sensitive information of real estate agents and brokerages.-
A prospective buyer refuses to meet in person or communicate by phone or text.
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The individual creates urgency and pressures you to “jump on a quick Zoom call.”
