Author: RHRNews

Rector Hayden Wins 4 Awards at Global Real Estate Conference

Post author By RHRNews
Post date March 8, 2017

FOR IMMEDIATE RELEASE

Contact: June Laves / Rector Hayden REALTORS® / 859-276-4811 / junelaves@rhr.com

Rector Hayden REALTORS® Wins 4 Marketing Awards at Global Real Estate Conference

(LEXINGTON, KY) – March 8, 2017 – Rector Hayden REALTORS® was presented with 4 marketing awards from Leading Real Estate Companies of the World^®, a selective global community of the highest quality independent real estate firms. The award was presented during the Leading Real Estate Companies of the World® Conference Week, a series of events that drew an impressive audience of 2,000 real estate professionals from 25 countries. Rector Hayden REALTORS sent two attendees: Whitney Baxter, Relocation Coordinator; and June Laves, graphic designer.

The award-winning entries, of the 101-500 sales associates division, in the Interactive Media, Referral Promotions Category, Internal Promotions Category, and Business Card Design were chosen for excellence in creativity, quality and overall presentation and effectiveness.

Rector Hayden received the FIRST PLACE award for originality in interactive media.

Rector Hayden received the Third Place award for Referral Promotions, for superior marketing relating to referral contests and programs, helping raise awareness of the company’s global real estate capabilities through its affiliation with LeadingRE.

Rector Hayden received the Third Place award for Internal Promotions, recognizing outstanding marketing of LeadingRE programs to the company’s internal audience.

Rector Hayden received the Honorable Mention award for superior Business Cards, Letterhead and Specialty Marketing in recognition of its creative and effective collateral materials.

“It is already an honor to be a part of LeadingRE and now even more fantastic to show our clients and agents our proven level of service,” said June Laves, graphic designer with Rector Hayden.

“We are pleased to recognize the winners of our Marketing Contest for creating distinctive materials and campaigns that convey the unique character of their companies, with a focus on compelling content, original graphics and effective delivery,” said LeadingRE President/CEO Pam O’Connor. “Our visual display of these award-winning materials is always a highlight of our conference, providing inspiration to all of our members.”
Rector Hayden REALTORS is Central Kentucky’s representative of LeadingRE (www.LeadingRE.com). With a global membership that spans six continents, LeadingRE connects more than 550 firms and 130,000 sales associates who produce over 1.2 million real estate transactions each year. As a member of LeadingRE, Rector Hayden provides a quality real estate experience, global marketing reach and access to top real estate professionals in virtually any market worldwide.

For more information about Rector Hayden, please visit www.RectorHayden.com

# # #

About Rector Hayden REALTORS

Founded in 1969, Rector Hayden REALTORS is not only a top performing real estate company in Central Kentucky, but the most distinguished locally owned real estate company in the area.

Tags awards, interactive media, leading real estate companies of the world, marketing awards

Home Insights Home Owning Tips Newsletter Featurettes

Tax Benefits of Homeownership

Post author By RHRNews
Post date February 27, 2017

Homeownership has many benefits — and some of the primary financial benefits come at tax time! Here are some key points you need to know about homeownership and taxes:

Deductibility of property taxes

As a homeowner, you are required to pay an annual property tax on your home (if you are a renter, you’re already paying your landlord’s property taxes; it’s just included in your monthly rental payment). This annual tax can provide a nice deduction on your tax return!

The amount of property tax you pay is based on the area in which you live (how much money the local government requires) and the value of your home. In Kentucky, the local tax assessor determines the value of your home via periodic appraisals. If you believe that the assessor’s value is incorrect, you can challenge it, sometimes by simply calling or visiting the assessor

Deductibility of mortgage interest payments and “points”

Income tax benefits of homeownership also include the ability to deduct mortgage interest payments on your tax return. Plus, if you paid “mortgage points” when you purchased the home in order to reduce your interest rate, those costs may be deductible as well.

Exclusion for Capital Gains taxes

Almost every item you own, including your car and television, is a capital asset. But your home is one of the few capital assets that actually might increase in value over time — which is great in that it helps build equity. As a general rule, when you sell a capital asset that has increased in value, you need to pay what are called capital gains taxes.

When it comes to selling a home, however, most homeowners qualify for an exclusion of up to $250,000 of the gain. If you’re filing jointly, this exclusion rises to $500,000. This means that if your home rises in value, you can — up to a substantial point — reap benefits without being penalized at tax time.

Please note that these insights are not intended to provide specific tax or legal advice – be sure to see your CPA for the best advice concerning your own, unique situation.

Tags homeownership, tax benefits

Home Insights Home Owning Tips Home Selling Tips Newsletter Featurettes

3 Home Improvement Projects with Great Return on Investment

Post author By RHRNews
Post date February 27, 2017

Looking for a home improvement project that will provide a high return-on-investment at resale? What about one that won’t need a small loan to accomplish? A national Cost vs. Value Report recently evaluated projects across our area in order to come up with the ones that have the most bang for your buck.

Three of the projects they outlined cost less than $1,500 but have returns on investment of 73 to 129 percent.
Here are the short project descriptions and cost breakouts.

Attic insulation with fiberglass

Whether you use your attic as a storage space or are thinking of repurposing it as a living area, it’s critical that the area is insulated. By sealing off your attic with fiberglass insulation, you’ll spend an average of $1,300 and you could recoup $1,470 upon resale. That’s right, you should theoretically make money by insulating your attic. Additionally, you should see a drop in your heating and cooling bills once your attic is insulated. When it comes to your return on investment, attic insulation is one of the top-returning home improvement projects you can take on.

Garage door replacement

Whether your garage door has had an unfortunate run-in with your mini-van or it’s simply dingy after too many Central Kentucky winters, the time has likely come for it to be replaced. With a cost of just $1,650 on average and a 73 percent return on investment, you won’t lose much money on this project whether you sell this spring or in a few years.

Entry door replacement

There’s a reason front doors are often used on homeowner magazines, movie posters and book covers — they’re eye-catching and draw in attention. This is especially true when it comes to buying a new home. Most staging and home seller tips recommend that sellers purchase a new front door or paint their current front door so it’s bright and inviting. Whether a buyer is looking online or driving by in person, a bright front door will capture their interest.

The Cost vs. Value Report verifies that this isn’t just a great trick for drawing buyer attention, it can also pay off at closing. Across our area, this project should cost $1,380 and could recoup $1,775 — a return on investment of 129 percent!

Tags DIY, home improvement, home value, projects, return on investment

Events Local Events Newsletter Featurettes

March: Events we Love in Central Kentucky

Post author By RHRNews
Post date February 27, 2017

Blue Grass Trust’s 2017 Antiques and Garden Show

March 3 – March 5

KY Horse Park, 4089 Iron Works Parkway
Lexington, KY 40511 United States + Google Map

We are delighted to have Drs. Jim and Bonnie Tanner as our Honorary Co-chairs for 2017. Our Keynote Speaker is Designer Amanda Nisbet, she will be featured at a luncheon lecture* on Friday, March 3 Free Parking and Handicap Access More than 80 Quality Exhibitors of Fine Antiques, Gardens & Landscapes, Interior Design Vignettes, Jewelry, Fine Art, Prints & Maps, Rugs, Silver, Garden Stone Art, Iron Work, Mid-Century Modern Décor & More! Proceeds benefit the Blue Grass Trust for Historic…

The Monthly Market Report

Our local housing market has had a strong start to the new year!

Deductibility of property taxes

Deductibility of mortgage interest payments and “points”

Exclusion for Capital Gains taxes

Attic insulation with fiberglass

Garage door replacement

Entry door replacement

Fun in February

A month featuring romance, fun activities and numerous events! Here are just some of the things to enjoy in Lexington and Central Kentucky this month.

The Monthly Market Report

Our local housing market has had a strong start to the new year!

The Humes Ward Team

Alma Hopkins with our Georgetown Office

The Justice Group – Represented by Lisa Dickens

The Jubilee Team

Laura Hayden

The Halfhill Auction Group

Cindy Shryock of our Versailles Office

The Bells – Mother and Daughter… Helping You Make It Home!

Jeri Hartley

Barbara Hamilton

2016 President’s Club