The following Field Guides have recently been updated in the Library:
NEW in the Library at Realtor.org:
Foreign Investment Real Property Tax Act (FIRPTA)
FIRPTA was enacted in 1980 to address perceived abuses by foreign investors, who, unlike US citizens, were not required to pay capital gains taxes, to create equity of tax treatment between foreign and domestic real estate owners. Under FIRPTA, foreign real estate owners are required to withhold a portion of the amount realized, to be paid to the IRS. The recently passed PATH Act of 2015 impacted withholding rates. This field guide provides a history of FIRPTA and the changes due to the PATH Act of 2015.
Updated in the Library at Realtor.org:
Reducing Spam Email
Unwanted, unsolicited email is a frustrating problem for almost everyone who uses the Internet. Spam email clutters in-boxes, slows down web servers, and costs time and money to manage. Spam can’t be prevented entirely, but REALTORS® can reduce the amount of unwanted email that comes into their in-boxes. And on the flip side of the coin, REALTORS® who use email to find and work with clients can take steps to ensure that their own electronic communications aren’t seen as spam. Find out more about what spam is, how to reduce the amount of spam you receive and how to keep from sending it yourself with the articles, websites, and other resources on this page.
Hoarding & Real Estate
Hoarding seems like a new problem, but the first recognized hoarders were the Collyer Brothers (link is external). Homer and Langley Collyer died in 1947, in their house filled with 120 tons of junk, including a Model T chassis and 14 grand pianos. Shows like Hoarders have brought awareness to this psychological condition. Find out the impact of hoarders on real estate, and resources to help hoarders.
Digital Cameras & Photography
Did you know that 89% of homebuyers who searched for a home on the internet found photos to be among the most useful features of REALTOR® websites, according to the 2016 NAR Profile of Home Buyers & Sellers? Digital photography and virtual tours allow REALTORS® to serve their clients like never before. Digital images can quickly and professionally showcase a listing, and today’s technologically savvy clients appreciate the convenience of a virtual tour for both long distance and local moves. The following articles will guide you from the beginning to the advanced stages of how to choose and use one of real estate’s hottest tools.