Laura Roussel

New Agents Expand Consulting Team

Loweeda Haymen, Bobbie Davis, Steve Holmes, Latashia Rose, Keith Hills, & Angela Donohue, have recently joined EXIT Realty Deaton Group in Little Rock after transferring from other local area agencies.
"We're excited to welcome all of these experienced agents to EXIT Realty Deaton Group," says Scott Deaton, Broker/Owner of the Exit Realty Deaton Group at 11300 Financial Centre Parkway, Little Rock. "EXIT Realty is growing and attracting top producing agents like these each and every day."

This group of REALTORS brings many years of real estate experience to EXIT Realty Deaton Group, and they are looking forward to continuing their service to the communities throughout Central Arkansas.

"I am excited about the opportunity that the EXIT Realty Deaton Group provides to me and my family.," Rose said. "It is wonderful to be working for an agency and a broker who are focused on my success."

EXIT Realty Corp. International boasts over 1300 franchises sold and over 50000 agents recruited across North America. EXIT Realty provides sales associates with residual income over and above their own transactions and an enhanced retirement and beneficiary benefit; all of which have been unheard of in the real estate industry until now. For more information about EXIT Realty Deaton Group, please call 501-221-3948. EXIT Realty Deaton Group is located at 11300 Financial Centre Parkway, Suite 910, Little Rock, AR 72211.

Don Splichal Opens Local Office

Eureka Springs, Arkansas (Grassroots Newswire) 7/6/2009 -- On February 1st of this year, Don Splichal opened EXIT 1st Source Realty, located at 157 West Van Buren in Eureka Springs, Arkansas. Don purchased the franchise for the Eureka Springs, Holiday Island and Beaver Lake area in 2008. He has been in Real Estate since February of 2007, after 2 years in the construction business. His wife and three children reside in the Berryville area. For more information about EXIT 1st Source Realty, please call 479-363-9300.

For more information about franchise opportunities with EXIT Realty Arkansas & Oklahoma call Scott or Laura Roussel at 1-800-509-3948 or visit our website www.exitarok.com. To view a short video about EXIT go to www.exitrealtyarok.com.

Take Advantage of Stimulus Funding

Little Rock, Arkansas (Grassroots Newswire) June 17, 2009 -- Buying your first home can be a daunting task. EXIT Realty Deaton Group wants to help. In order to help buyers realize the dream of home ownership, EXIT Realty is offering a FREE seminar to first time home buyers on Tuesday, June 23 at 5:30 p.m. The event will take place at the EXIT Realty Deaton Group office located at 11300 Financial Centre Parkway, Ste. 910, Little Rock, AR. "This is a great opportunity to buy, especially for first time home buyers," states Scott Deaton, Broker/Owner of EXIT Realty Deaton Group. "With many options available due to increased inventory, plus the $8000 buyers tax credit, combined with low interest rates; we have the perfect situation for first time home buyers," Deaton continues. Various industry professionals will be on hand to discuss such topics as loan qualification, the new $8000 tax credit, home inspections and more. Dinner will be provided and there will be several door prizes. Participants must RSVP to Lisa Leggett at 501.517.3153.

For more information about EXIT Realty Deaton Group, please call 501-221-3948. EXIT Realty Deaton Group is located at 11300 Financial Centre Parkway, Suite 910, Little Rock, AR 72211.

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EXIT Realty Arkansas & Oklahoma recognized the best in the region at their 2009 Regional Meeting and Awards Ceremony recently held in Fayetteville, AR. Scott and Laura Roussel, Regional Owners, were on hand to present the Franchise of the Year Award for Small Markets to Randy Jumper, Owner of EXIT Elite Partners Realty and Beth Cupp, Principal Broker.

EXIT Elite Partners Realty, which opened in the fall of 2007, finished #1 in their market in 2008. The franchise was also the recepient of the award for Top Franchise in the Region in Average Ends per Agent.

EXIT Realty, which is the fastest growing real estate franchise company in the history of real estate, is a proven business model that provides agents with multiple streams of income as well as retirement and beneficiary benefits.

Call 1-800-509-3948 or visit the website www.exitarok.com for more information about franchise and agent opportunities with EXIT Realty.

For more information about EXIT Elite Partners Realty, please call 870-236-9111. EXIT Elite Partners Realty is located at #8 Southpointe Dr., Paragould, AR.

Most of us have read several articles about the First Time Homebuyers Credit, but I thought a few points were worthy of highlighting again.

First, the definition of "first time homebuyer" is anyone who has not owned a principal residence in the 3 years previous to purchase. This also applies to your spouse. So if you are newly married and you have not owned a home before, but your new spouse owned a personal residence and sold it last year you would not qualify for the credit.

Second, there are two different First Time Homebuyer Tax Credits. Both are refundable credits which means you can get a refund or credit against taxes even if you did not pay any taxes in to the government. The purchase date of the home determines which credit is applicable. The credit starts being phased out at $75,000 (single) and at $150,000 (Joint return).

Purchases made after April 8, 2008 and before July 1, 2009
This credit is the lesser of 10% of the purchase price up to a maximum of $7500. This credit is actually a 15 year interest-free loan. The first payment would be made as an additional tax on the 2010 tax return. There are several exceptions to the repayment rule in the case of death, divorce, or if it is sold or ceases to be used as your main home. Credit is claimed on the 2008 tax return.

Purchases made January 1, 2009 and before December 1, 2009
This credit is the lesser of 10% or $8000 and this one does not have to be paid back unless the home is sold or ceases to be a personal residence within 3 years of purchase. Taxpayer can elect to claim this credit on their 2008 tax return.

As always you should check with your tax professional.

Look for more tax tips next week.

Laura Roussel
EXIT Realty Arkansas & Oklahoma
www.ExitArOk.com