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Press Release

Press Room, New Jersey Association of REALTORS®

For Immediate Release:
January 16, 2007

NEW JERSEY ASSOCIATION OF REALTORS® (NJAR®) MARKS 90TH ANNIVERSARY

Association continues to support members and serve as an advocate for real estate industry

EDISON, N.J. - New Jersey Association of REALTORS® (NJAR®) President Bill Hanley kicked off the association's 90th anniversary year today, at the first board of directors meeting of 2007. NJAR® is a non-profit trade association serving the professional needs of approximately 57,000 members in New Jersey.

"We are proud and excited to mark this special time for our association," said Hanley. "Today NJAR® is more than 57,000-members strong and remains steadfast in its mission to serve the industry as the ‘Voice of Real Estate of New Jersey.' Reaching this historic milestone is a true testament to the hard work and success of NJAR® and its members."

In December 1917, a group of 54 real estate professionals met in Atlantic City and formed the Real Estate League of New Jersey, an organization that formed the basis of the New Jersey Association of REALTORS®, or NJAR®. Today, NJAR® is one of the largest trade associations in New Jersey, and is part of the nation's largest trade organization, the National Association of REALTORS® (NAR).

NJAR®'s mission is to support all segments of its membership, in concert with the local boards and associations of REALTORS® and NAR, by developing and delivering programs, services and related products which enhance the ability to conduct business successfully and ethically, and promote the extension and preservation of the right to own, transfer and use real property.

"Over the years, NJAR® has served homeowners and the real estate industry as an advocate for private property rights and homeownership," said Hanley. "NJAR® continues to remain at the forefront of legislative issues that affect the home buying and selling public of New Jersey in order to encourage a healthy and vibrant real estate marketplace."

NJAR®'s membership is composed of commercial and residential brokers and salespeople, property managers, appraisers, counselors and other real estate professionals who have pledged to subscribe to a strict Code of Ethics.

For more information, please contact Danielle Wyckoff at (732) 494-4730 or dwyckoff@njar.com.

The New Jersey Association of REALTORS® is a non-profit organization serving the professional needs of approximately 57,000 REALTOR® and REALTOR-ASSOCIATE® members in the state. REALTOR® is a registered collective membership mark which may be used only by real estate professionals who subscribe to the REALTOR® organization's strict Code of Ethics and are members of the national, state and local REALTOR® organizations. For more information, please visit www.njar.com.

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For all media inquiries contact:
Danielle Alpert
Media & Public Affairs Coordinator
Phone: (732) 494-4730
Fax: (732) 494-4723
E-mail: dalpert@njar.com

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