News & Information

Mayor Karl Dean has appointed Richard Courtney chair of the Third Annual Mayor’s Home Ownership Fair, which will be held Sunday, July 25, 2010 at the Bridgestone Arena. In this volunteer leadership role, Courtney serves as liaison to the Mayor’s office from the Greater Nashville Association of Realtors. “Richard’s appointment will add a tremendous amount of momentum to our efforts to make this years’ fair a valuable experience not only for the attendees but for the sponsoring organizations,” said Mayor Dean.
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WSMV: Residents hoping to buy a house and earn an $8,000 federal tax credit have less than 30 days to sign a contract on their new house. Properties have to close by July 1. Nashville Realtor Richard Courtney said the program has been a boon for home sales in the Nashville area. "We've gone from having two or three years' inventory to having two or three months in some price ranges, and six and seven months in the upper end," Courtney said. Courtney said even the harder-to-sell high-end homes, which were selling slowly a year ago, are moving more quickly now. "Million-dollar home sales are up 100 percent over this same time last year. So it's not just affecting lower-range homes, it's affecting all ranges,” Courtney said. The First-Time Homebuyer program gives new buyers an $8,000 tax credit, but Courtney said many people who already own a home can qualify for a $6,500 credit. "While it's mainly for first-time homebuyers, it's also for anyone who's owned their home for five years or more or lived in their home for five of the last seven years," he said.
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The Nashville real estate market recently was buoyed by news that, for the first time in three years, year-over-year home sales increased in October. Much of the credit went to the $8,000 first-time homebuyer tax break, but some Middle Tennessee real estate agents see a few signs of recovery in the luxury-home market. From January through May, 15 homes in Davidson County sold for $1 million or more. From June through October, another 35 sold in that price range, according to Richard Courtney, a managing broker with Fridrich & Clark Realty. "For October alone, there were 14," he said. The last time that many million-dollar Davidson County homes sold in a month was June 2007, Courtney said. "It's back to '07, which is a good place to be. So it's out of the doldrums," he said.
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WSMV: The Greater Nashville Association of Realtors released new numbers Monday that show home sales last month were 22% higher than October 2008. It has been well reported over the last year that there are tax breaks for new homeowners, but what if you already own a home? There is potential for existing homeowners to save thousands of dollars. A first-time home buyer who completes the deal by May 1 will get an $8,000 tax credit. Residents who already own a home but buy a new one will get a $6,500 credit if the transaction is completed by spring. "A couple has to make $225,000 or less. If the person is single, they must make $125,000 or less. And the new home has to be under $800,000 in price," said Realtor Richard Courtney.
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It's official. President Obama approved the extension of the homebuyer's tax credit. The housing tax credit portion of the bill extends the $8,000 tax credit for home buyers who are purchasing their first home until April 30, 2010. The bill also expands the program to offer a credit of $6,500 to other homeowners who have lived in their current home for at least five years and are seeking to relocate. The legislation also raises the income limits for program participation to $125,000 for a single purchaser and to $225,000 for a couple. There are also credits available on a diminishing basis above those income limits.
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The Music Row and Green Hills offices of Fridrich & Clark will merge June 1. With the merger, Richard Courtney, current managing broker for the Music Row office, will add his expertise to Green Hills with training and support in a management role. Courtney is the 2007 Realtor of the Year for the Tennessee Association of Realtors, 2004 Realtor of the Year for GNAR, 2008 GNAR Community Service Award Winner, Past President of GNAR, and noted author and columnist.
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Richard Courtney was honored with GNAR's Community Service Award for his contributions to many organizations, including Leadership Nashville, the Community Resource Center, St. Luke's Community House, Habitat for Humanity, and the Nashville Better Business Bureau.
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All real estate is local, and with a few exceptions, we missed the war and went straight to the parade. Nashville home sellers are fortunate not to be under the extreme anguish and combat fatigue experienced by many. And what about the buyers?
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The homebuyer tax credit is one of 10 key provisions of the American Recovery and Reinvestment Act signed by President Obama into law on Feb. 17, 2009. The bill provides for an $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009.
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There’s never been a better time for first-time home buyers to enter the market. Qualifying first-time homebuyers – and those who haven’t owned a home in three years -- can now receive a $7,500 tax credit if they buy a home before July 1, 2009! And they can claim a property tax deduction of up to $1,000, even if they don’t itemize.
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Beatle fans across the country will converge on Nashville, October 23 to 25 for three days of concerts, panel discussions and memorabilia displays at the Fab Four Festival 2008. Now in its third year, the festival will be held at The Cannery Ballroom and proceeds will benefit the Community Resource Center. Presented by the Richard Courtney Real Estate Group, Rogan Allen Builders and real estate investor Floyd Shechter, the Fab Four Festival music line-up includes a stellar line-up of concerts and panel discussions.
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July 15, 2008. WSMV-NBC Nashville, TN. In today's challenging housing market, one Nashville Realtor has come up with a creative way to sell the unique features of a home. Music Row Realtor Richard Courtney hosted a recording session featuring Grammy-winning songwriters Tia Sillers and Mark Selby to showcase a Nashville home with a full recording studio. See the news clip ...
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September 25, 2007. Richard Courtney has been named Realtor of the Year by the Tennessee Association of Realtors....This is the first time ever that a sitting president of GNAR has been recognized with this award and the first time since 1990 that the award has been earned by a member of GNAR.
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August 29, 2007. Professional Realtor and author Richard Courtney is the newest member of the Nashville Electric Service (NES) Power Board.
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March 19, 2007. Richard Courtney appeared on iVillage Live and explained the trends of single women home buyers and offered insight to make the smartest and most financially beneficial decisions.
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January 27, 2007 9:30 a.m. EST HOST GERRI WILLIS: Lies, we all tell them. Well, I don't, but when it comes to buying or selling a home, let's just say the truth can really be stretched. Well, we've got a little cheat sheet today to help you keep from getting duped. Richard Courtney is author of "Buyers are Liars & Sellers are Too." Richard, good to see you. You say buyers and sellers just keep making the same mistakes over and over again. GUEST RICHARD COURTNEY: That's correct. That's why I wrote the book. After the first 200 or 300 transactions, I realized the same mistakes were being made over and over, as buyers and sellers alike try to over-strategize. And they try to see into the psychology of one another. And I wrote this to explain what people are really thinking on both sides of the deal.
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December 18, 2006. Richard Courtney has been named president of the Greater Nashville Association of Realtors for 2007.
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June 1, 2006. Publisher Simon & Schuster announces the release in all major bookstores of Nashvillian Richard Courtney’s category-buster Buyers are Liars and Sellers are Too! The Truth about Buying or Selling Your Home, an eye-opening look at the fun and foibles inherent in every aspect of the residential real estate market. Buyers are Liars and Sellers are Too! has been the subject of enthusiastic reviews, including from Publisher’s Weekly; which called it “an easy-to-read reality check for anyone contemplating a real estate transaction,”; and Newsday, which described Courtney as, “an amusing chap [who] provides an entertaining yet informative guide on the how-tos of buying and selling.”
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June 28, 2005. Fridrich & Clark Realty LLC has opened its third office in the Nashville area at 1311 16th Avenue S. Richard Courtney will serve as managing broker of the new Fridrich & Clark Music Row office, announced Steve Fridrich, co-founder and principal broker of Fridrich & Clark Realty.
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February 28, 2005. Richard Courtney of Fridrich & Clark Realty has been named 2004 Realtor of the Year by the Greater Nashville Association of Realtors, according to GNAR President Richard Exton.
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August 18, 2004 Richard Courtney, a 26-year real estate veteran and a broker at Fridrich & Clark Realty LLC, has earned the Certified Real Estate Brokerage Manager (CRB) designation, a recognized industry-wide as the measure of success for real estate brokers and managers.
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April 30, 2004 The National Association of REALTORS® has appointed Richard Courtney Political Involvement Committee Coordinator for Tennessee, announced Robert McMillan, the National Association of REALTORS® 2004 Political Involvement Committee Chairman.
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February 11, 2004 Richard Courtney, a 25-year real estate veteran and a broker at Fridrich & Clark Realty LLC, has earned the Accredited Buyer Representative (ABR) and Certified Residential Specialist (CRS) designations from the National Association of Realtors, announced Steve Fridrich, principal broker of Fridrich & Clark Realty LLC.
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December 23, 2003 Richard Courtney received the President’s Award from the Greater Nashville Association of Realtors, announced Steve Fridrich, principal broker of Fridrich & Clark Realty LLC. The award was presented last week to Courtney by outgoing GNAR president John Gifford for Courtney’s outstanding level of service to GNAR in 2003, specifically for spearheading the organization’s involvement in affordable housing.
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July 31, 2003 The National Association of Realtors has appointed Richard Courtney federal district coordinator assigned to Congressman Jim Cooper, to assist him with projects where the professional Realtor community can be of service, including legislative issues that impact the industry as well as community-based programs that support home ownership. Richard G. Courtney is a licensed Tennessee Real Estate Broker, license #00205406.
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