I keep CNBC on in my office so I can panic appropriately when the stock market goes down. The other day I saw an interview with the CEO of Realogy Holdings Corp. (NYSE: RLGY). I had no idea that they are the franchisor for Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, ERA, and Sotheby's International. Their website says that they have over 250,000 sales associates! No wonder I get so many postcards : )
Newport Realty Associates, LLC is a full service residential real estate firm based in Alpharetta, Georgia
I often hear people refer to their agent as “my realtor” or say they are thinking about getting their “realtor’s license”. For the record, all realtors are licensees, but not all licensees are realtors . . .
It’s a really competitive market right now for buyers, so agents are using every resource to give their clients an advantage. One of these is the “love letter” that buyers often provide with an offer . . .
In this crazy market it’s not unusual to hear about a home that sold just a few years ago selling again for considerably more money. So if you’re lucky enough to be in that position, do you have to pay taxes on the gain?
