Broker not accepting to sell my contract (international seller)

okw2012

DIS Veteran
Joined
Jul 10, 2012
Messages
500
Tried to sell my contract with a well-known broker only to learn that they won't accept to post my offer due to recent changes at the IRS for 2026. Here's what I have been told:

"The IRS has announced that it intends to update and modernize the FIRPTA payment process for the 2026 tax year, moving toward a fully electronic process that requires buyers to set up a portal using their taxpayer ID. While this might sound like a simple change, it will create significant challenges, and the IRS has not released clear instructions, timelines, or technical guidance. (...) Because of these uncertainties and potential for liabilities, our brokerage is temporarily not accepting traditional listings from foreign sellers. Until the IRS provides formal guidance, we cannot confidently ensure that a normal buyer will be able to meet their withholding and payment obligations, which creates risk for everyone involved."

Anybody in the same boat? Are there brokers that are still accepting international sellers? Perhaps I should wait a few months in any case? I am not in a rush to sell.
 
Tried to sell my contract with a well-known broker only to learn that they won't accept to post my offer due to recent changes at the IRS for 2026. Here's what I have been told:

"The IRS has announced that it intends to update and modernize the FIRPTA payment process for the 2026 tax year, moving toward a fully electronic process that requires buyers to set up a portal using their taxpayer ID. While this might sound like a simple change, it will create significant challenges, and the IRS has not released clear instructions, timelines, or technical guidance. (...) Because of these uncertainties and potential for liabilities, our brokerage is temporarily not accepting traditional listings from foreign sellers. Until the IRS provides formal guidance, we cannot confidently ensure that a normal buyer will be able to meet their withholding and payment obligations, which creates risk for everyone involved."

Anybody in the same boat? Are there brokers that are still accepting international sellers? Perhaps I should wait a few months in any case?
It might be worthwhile checking if Disney would be willing to buy your contract?
 
I haven’t heard anything about this previously. Hopefully the brokers will have further information soon and be able to accept international sellers. I mean, non-residents sell and buy property all the time in the U.S. so there will definitely be a way!
 

On a more practical note, I've seen VERY recent listings from international sellers on www.fidelityrealestate.com. I think there was one two days ago (which sold) and one earlier in the week. They usually mark them "International" in the listing. Maybe it was more than that. I'm only looking at a few resorts and haven't searched the whole site. But it was at least that.
 
On a more practical note, I've seen VERY recent listings from international sellers on www.fidelityrealestate.com. I think there was one two days ago (which sold) and one earlier in the week. They usually mark them "International" in the listing. Maybe it was more than that. I'm only looking at a few resorts and haven't searched the whole site. But it was at least that.
Yep, I’d try Fidelity… link above. ;)
 











DIS Facebook DIS youtube DIS Instagram DIS Pinterest DIS Tiktok DIS Twitter

Back
Top Bottom