In this week’s “Voice for Real Estate” Stephen Gasque asks “Why did that agent send you an IRS 1099 form?”
If you received a cooperative commission or referral fee from an agent at another brokerage last year, that agent might be sending you a 1099-MISC form. Other stories include cap rates, trends in commercial real estate and why the effort to improve the availability of FHA insured loans for condo purchases is gaining ground.
In this weeks ‘Voice for Real Estate’ video (from the NAR YouTube channel) Stephen Gasque discusses Massachusetts’ court ruling in favor of brokerages that want to classify their sales associates as independent contractors rather than as employees.
Other stories: Promising gains on patent trolls, why Chinese buyers are jumping into U.S. real estate, net neutrality takes effect, and detailed help is coming on the big closing process changes taking place later this year.