While existing-home sales dipped in March as the COVID-19 pandemic sparked stay-at-home restrictions across the country, they're not far off from the numbers a year ago, and home prices continue to rise.The National Association of REALTORS®’ monthly existing-home sales—which includes completed transactions for single-family homes, townhomes, condos, and co-ops—dropped 8.5% in March compared to February. Sales were at a seasonally adjusted
When Congress passed the first of three coronavirus relief packages in early March, it included an important provision waiving Medicare restrictions on providing telehealth services to seniors. Additionally, many major medical insurance carriers have recently added a telemedicine option. That’s good news, but what about those who don’t have Medicare or other coverage that includes virtual doctor visits?Members’ health coverage is
The IRS has moved the federal tax day to July 15, but in preparation, there are several things real estate pros can do to lower their tax bill. Many agents and brokers classify themselves as self-employed under federal tax guidelines. Income tax, therefore, is not automatically withheld from paychecks and generally must be paid through quarterly estimated tax payments.Self-employed status means that real estate pros may be eligible to deduct thei
You know client retention is key for the future health of your business. While there’s always potential to turn buyers into repeat customers, the promise is even greater with sellers—many of whom will be in the market immediately to buy a new home. So, how can you make sure sellers will want to enlist your services for the next purchase transaction? Applying these six tips to your daily practices will help ensure your sellers return
You have a home that just won’t sell. Is the listing starting to look stale? Real estate pros recently shared with Forbes.com what they do when they get a listing that has started to overstay its time on the MLS. How do you revive it to renew buyers' interest?Lowering the price tag is one obvious way. But the property could just use a refresh. “Revive a listing, in my opinion, always includes staging, painting, new photos, and new angles,”
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