Top tips to take some of the bite out of taxes
Tax time can be confusing for agents, but tracking mileage, making quarterly payments and hiring an accountant can pay off. A veteran CPA explains.
March 25, 2024
Cheryl Reid-Simons
Cheryl Reid-Simons has more than a decade of experience covering business, government and courts for daily newspapers in the Pacific Northwest. As a freelancer, she has turned her focus to real estate and healthcare and is known for her human approach to complex topics.
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- Existing sales make the biggest leap in a yearWhile home sales still aren’t as strong as they were in 2023, the near-10% jump in February “is a good sign” — but the momentum may not last.March 21, 2024
- The new prime time for sellers? It’s no longer MayA report from Zillow found that summer can be the most lucrative time to list, but low inventory means rate fluctuations can “make their own seasonality.”March 8, 2024
- Affordable homes sprouting more quickly as spring approachesRealtor.com’s February housing report shows inventory rising, especially in the South, and availability of homes priced between $200k-$350k increasing by 20.6%.March 5, 2024
- Redfin cuts losses, touts site trafficCEO Glenn Kelman highlighted new programs and told investors the company isn’t interested in an ad war: “Our basic thesis is that the best product wins.”February 27, 2024
- Redfin targeted in new commissions suit blasting buyer agentsThe plaintiff, who paid a 2% commission, argues in the filing that “a truly competitive rate for buyers’ agents would in fact be 0%.”February 27, 2024
- RE/MAX: Growing US agent count a top priority as revenue fallsLosses rose as revenue, U.S. agent count dropped. After a leadership shakeup, CEO Erik Carlson said having "the right people" is "vital to our future success."February 23, 2024
- Existing home sales up after a year marked by declinesSales rose by more than 3% in January, suggesting a turnaround in 2024, but mortgage rates still hold the key to the future of the market.February 22, 2024
- Second commissions lawsuit filed in NevadaA total of 22 defendants are named, including NAR, local and national brokerages, and several associations and MLSs.February 16, 2024
- Opendoor trims losses, looks to buy more houses in 2024The leading iBuyer lost $275 million in 2023, but that was less than a fifth of 2022 losses. Now the focus is “sustainable” growth of the business.February 15, 2024
- Ancillary services a steadying force in an uncertain marketAdding property management, title or other services can help a brokerage during any market by increasing revenue streams and improving customer service.February 12, 2024
- Seeing red — or blue — as politics enters homebuying decisionsNew reports from Redfin and Allied Van Lines shed light on the impact that local laws and political divides can have on buying and selling.February 8, 2024
- Ruling ‘an important step’ toward ending ban on Chinese buyersAppeals court sides with two of the four people suing the state of Florida along with an Orlando-based brokerage, with a final ruling expected soon.February 6, 2024
- NAR interim CEO ‘sets the record straight’ in new videoNykia Wright defended the real estate profession and NAR, saying the association does not set commissions and “never has,” though that phrase was later cut.Updated February 1, 2024
- FTC weighs in on antitrust allegations leveled against CoStarCoStar’s residential business has managed to avoid the antitrust cases rocking the industry, but it’s a different story on the commercial side.January 31, 2024
- Anywhere brokerages dropped from Pennsylvania commissions caseThe lawsuit known as Spring Way also has gained new plaintiffs and a new name: Kay. Spring Way LLC, which had used Coldwell Banker, is no longer involved.January 29, 2024
- Brokers in Focus: From burnout to merger — and a moment to make historyCandice McCuien became the first Black woman elected to lead her association, breaking new ground while successfully aligning her brokerage with Century 21.January 27, 2024
- AI ‘a bigger danger’ to real estate than lawsuitsA new survey finds that most brokerages and agents are using artificial intelligence tools, especially ChatGPT. But they need to watch out for the risks.January 21, 2024
- Some positive signs for mortgages, but are rate cuts at risk?Mortgage applications jumped nearly 10% as rates hold fairly steady, but higher-than-expected inflation numbers could spoil the party.January 11, 2024
- Small Town, USA best for first-time buyersRealtor.com ranked the top spots for younger buyers and found that smaller towns scattered across the Northeast and Midwest hold the most potential.January 11, 2024
