PRESS RELEASES
LAS VEGAS UPDATE - CITY CENTER - December 2009
Housing Market showing signs of life
Banks keeping up on Foreclosures
REALTOR® Magazines Top 100 Companies
REALTORS® Fight Back - Independent Status
BizE awards spotlight success stories
April 30, 2008
REALTY EXECUTIVES INTERNATIONAL GIVES TOP HONORS TO LAS VEGAS BROKERS JEFF AND FAFIE MOORE
LAS VEGAS, NEV. – Jeff and Fafie Moore, broker/owners of Realty Executives of Nevada, were recently honored by several hundred of their broker/owner peers from around the world at the 2008 Realty Executives International convention in San Diego.
The Moores, who have built one of the largest Realty Executives brokerages worldwide over the past 19 years, were named Most Valuable Owners of the year, a distinction awarded to only one of the more than 750 brokerages throughout the organization each year.
The Most Valuable Broker/Owner distinction is awarded by the organization’s broker/owners and honors one broker (or broker team) each year that stands out to his or her peers as a successful owner who shows strong leadership and commitment to facilitating quality growth of the Realty Executives brand, system wide. Additionally, the Moores have been honored with this award several times throughout their tenure with Realty Executives.
“This award is especially rewarding because it was chosen by our peers from all over the world,” said Fafie Moore. “Jeff and I work very hard to conduct business in a professional and highly ethical manner and it’s our goal to ensure that our sales associates are doing the same for consumers in Nevada.”
With a long track record of operating successful Realty Executives offices in Las Vegas, the Moores have also recently been recognized as powerhouses in several real estate industry publications. To date, Realty Executives of Las Vegas is home to more than 300 sales associates and four offices. In 2007, Realty Executives of Las Vegas associates closed an astounding $1.2 billion in sales for Southern Nevada consumers.
“We are so proud to have two leaders like Jeff and Fafie as a part of our Realty Executives system,” said Rich Rector, president and CEO of Realty Executives International. “Their dedication to growing the brand and to
providing real solutions to both sales associates and consumers alike has been a driving force to their success and I commend them for that.”
In addition to operating a successful brokerage, this dynamic duo is also highly involved in the Southern Nevada community. Ms. Moore is currently serving as the 2008 chairwoman of the Las Vegas Chamber of Commerce and is active in the Greater Las Vegas Association of Realtors, Women’s Council of Realtors, FIT for Tomorrow and the U.S. Civil Rights Commission. Mr. Moore is a certified real estate broker (CRB) and is a past director for both the Greater Las Vegas Association of Realtors and Nevada Association of Realtors.
Realty Executives International, Inc. is one of the fastest-growing real estate franchises in the United States, with nearly 15,000 sales associates and over 750 offices. The Phoenix-based, privately held company has franchises in the United States, Canada, South Africa, Mexico, Costa Rica, France, Greece, Panama, Nicaragua, Columbia, Spain, Poland and Israel. Publications like Entrepreneur, Success and Inc. magazines have recently ranked Realty Executives International as a leader in the real estate industry based on franchise growth, management stability and financial soundness. For additional company information visit http://www.RealtyExecutives.com
Tax Credit Extension a Positive Step Toward Sustained Real Estate Recovery, Say Realtors®
WASHINGTON (November 5, 2009) – The National Association of Realtors® today commended the U.S. Senate and House of Representatives for passing a bill that includes an extension and expansion of the current home buyer tax credit as an important step in ensuring a real estate and economic recovery.
“Realtors® appreciate the swift action by Congress to extend the home buyer tax credit and expand it to some current homeowners,” said NAR President Charles McMillan, a broker with Coldwell Banker Residential Real Estate in Dallas-Fort Worth. “As the leading advocate of housing and real estate issues, we urge President Obama to sign this legislation into law quickly to keep the momentum going in the fragile recovery of the nation’s housing market.”
McMillan praised the efforts of several senators to put the recovery above politics. They are Sen. Johnny Isakson, (R-Ga.); Senate Majority Leader Harry Reid (D-Nev.); Finance Committee Chairman Max Baucus (D-Mont.); Sen. Chris Dodd (D-Conn.), chairman of the Banking, Housing and Urban Affairs Committee; and Sen. Joe Lieberman (I-Conn.), chairman of the Homeland Security and Governmental Affairs Committee.
NAR economists estimate that the current tax credit has contributed approximately $22 billion to the general economy, and approximately 2 million people will take advantage of the tax credit this year.
“The substantial rise in home sales we’ve seen over the past few months proves that the tax credit is working and is being used by buyers who were waiting for the right opportunity to get into the market,” McMillan said. “This important incentive is helping to stabilize the housing market, stimulate the economy and create new jobs in communities all across our great nation. Extending and expanding the home buyer tax credit will enable even more families to take advantage of current low interest rates and affordable prices to invest in their future through homeownership.”
The bill would extend the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as principal residence for five consecutive years in the past eight years. If potential home buyers have a binding contract on or before that date, they will have until July 1 to close the transaction.
Income limits for eligible home buyers are expanded to $125,000 for single buyers and $225,000 for couples. The purchase price of the home cannot exceed $800,000. To help guard against fraud, buyers are required to attach documentation of purchase to their tax return.
Detailed information about provisions in the tax credit legislation is available on Realtor.org.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.
