Addressing concerns swirling through town about the impact of General Electric’s plan to move its corporate headquarters from Fairfield, First Selectman Michael Tetreau fielded questions Thursday from a gathering of real-estate professionals.

“We don’t have enough facts to panic yet,” Tetreau, a former real estate agent said about relocation of the town’s largest taxpayer, with a total annual bill of approximately $1.8 million. “There’s a lot of good things to say about Fairfield, whether GE is here or not.”

Tetreau told the meeting of the Greater Fairfield Board of Realtors that among the known facts are that GE is leaving for Boston, and that local real-estate developer/investor Kleban Properties wants to buy the 68-acre Easton Turnpike site. He said how many homes may end up on the market because local GE employees make the move to Boston is not yet certain. First, Tetreau said, town officials do not have a firm figure on how many GE employees live in town, and second, GE won’t divulge that.

He recalled his experience selling real estate for 15 years, noting that over that time, “Nobody asked me why GE’s here. You may have different experiences, but that’s not mine.”

“I don’t think there’s going to be a big deluge of homes on the market,” the first selectman said. GE has said it will move 200 of the 800 employees who reportedly work its Fairfield headquarters. Of the remaining 600, Tetreau said, it is unlikely they all live in Fairfield, or that they would be moving.

Tetreau said answers to frequently asked questions about the GE property can be found on the town’s website — — along with press releases. “In something like there, there aren’t as many answers and facts as you’d like,” he said. “As I read social media, I’m just floored with all the questions, and some and the facts that aren’t facts. There are probably fewer facts than you’d like.”

Many of the questions centered around what might happen to the town’s tax base when GE moves. Tetreau gave assurances that as long as GE owns the property, it will continue to owe the town $1.6 million in property taxes. The company currently also pays a roughly $250,000 personal property tax bill to the town on equipment, which would likely be lost if that is moved from the site.

Tetreau said there is no indication from GE or Sacred Heart University that the corporate headquarters will be donated to a non-profit such as the nearby college, removing it from the tax rolls, as has been the topic of some local rumors.

If that were the case, Tetreau said, the town would receive money, though not nearly as much, through the state’s Payment in Lieu of Taxes program. “I have a hard time, personally, seeing GE going out to their shareholders and saying they gave away an $80 million property,” he said.

Tetreau said it appears while GE is shifting its corporate focus, it is not looking to shed 600 jobs. “I think GE’s goal is to hand out very few pink slips,” he said.

Within three days of GE’s relocation announcement, Tetreau said Fairfield-based Kleban Properties stepped up, looking to purchase the property. And, he said, as of last Oct. 1, Kleban Properties had the distinction of being the town’s largest taxpayer, nudging GE out of that spot as a result of the 2015 property revaluation.

“They’re obviously doing well,” Tetreau said of the Klebans’ business. “They’re financially substantial. They are personally very excited to do this.” And with GE getting back to both Tetreau and the Klebans over the weekend, “that’s my indication that they’re seriously interested in selling.”

There may have been some disappointed realty agents in the room when Tetreau said GE already has a broker for the property. “It’s not listed because there’s not a price on it yet,” he said.

And, he added in answer to a question, the town has no plans to purchase the property.