Most home sellers don’t need to pay capital gains taxes, but if you do, here’s how to curb your tax burden. Learn about qualifying for Section 121 exclusion, using a 1031 exchange, and other methods to avoid leaving money on the table when you sell your home.
Understanding what agents do for their commission, who pays realtor fees, and how that money is distributed between the agents, is the key to answering some of the even more pressing questions— i.e., can you negotiate realtor fees, and how can you reduce real estate commission.
Home Bay Real Estate is a discount real estate brokerage that claims it can save home sellers an average of $15,000 on realtor commission. However, Home Bay’s DIY approach is a lot riskier than advertised, and — considering the limited service its agents provide — its fees are WAY too expensive. Here’s what you should know.