1st time homebuyer: Rebates soon to be allowed in NJ real estate transactions!!
- 01/13/10 11:51 AM
New Jersey real estate professionals will soon join the country in offering rebates or what some may call inducements. This practice is already accepted in some form throughout the US. For instance in Pennsylvania I can openly advertise that I will give any seller or buyer an incentive to choosing me as their real estate professional. In PA I can even offer a prize to individuals who attend my open house, a gift card, flat screen tv, trip and so forth... It appears as if NJ regulators will not be so liberal in what and how a rebate will be offered. However … (3 comments)
1st time homebuyer: Tax Credit Update!!!
- 10/29/09 04:24 AM
TAX CREDIT UPDATE - JUST IN FROM FROM NAR® PRESIDENT CHARLES McMILLAN. Senate leaders of both parties and key Senate Finance Committee members and staff, and tax credit sponsors Dodd-Lieberman-Isakson have agreed on extending and expanding the housing tax credit. However, there is no agreement on how to attach this tax credit to the pending Unemployment Insurance bill, or whether to offer the tax credit agreement on another bill, or whether to bring the agreement to the Senate floor and vote upon it as a separate, stand alone bill. And after Senate action, the tax credit must go to the House … (1 comments)
New Jersey real estate professionals will soon join the country in offering rebates or what some may call inducements. This practice is already accepted in some form throughout the US. For instance in Pennsylvania I can openly advertise that I will give any seller or buyer an incentive to choosing me as their real estate professional. In PA I can even offer a prize to individuals who attend my open house, a gift card, flat screen tv, trip and so forth... It appears as if NJ regulators will not be so liberal in what and how a rebate will be offered. However … (3 comments)
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