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Rebate4buyer.com offers home buyers a rebate up to $20,000. (usually 1.05% of the purchase price. see detail rebate calculation below)
Contact us if you have any questions regarding to our home buyer rebate program.
Notice: the amount or rate of real estate commissions is not fixed by law. They are set by each broker individually and may be negotiable between the Seller/Buyer and Broker.
Rebates4buyer.com offers a rebate to its home buyers who use Rebates4buyer.com as their exclusive buying agent. The amount of the rebate will be based on the cooperating broker commission actually received by Rebates4buyer.com for its services as its client’s sole and exclusive agent in the purchase of real property. The rebate will be paid in the form of a reduction of closing costs, contribution to buyer's down payment through escrow or by check, upon the successful close of escrow/settlement with Rebates4buyer.com.
At the close of escrow, Home buyers will receive a rebate amount of 35% of buyer agent's commission (which is normally over 1% of the home price) up to $20,000, if the final purchase price is above $300,000. The rebate amount will be 30% of buyer agent's commission if the final purchase price is below or equal to $300,000 but above $200,000. The rebate amount will be 25% of buyer agent's commission if the final purchase price is below or equal to $200,000 but above $100,000. The rebate amount will be 20% of buyer agent's commission if the final purchase price is below or equal to $100,000.
Check out the rebate amount of a $500,000 home transactin below:
| Rabate Amount received by Buyer Example: |
| |
| |
Seller pay 3% Buyer agent Commission |
Seller pay 4% Buyer agent Commission |
Seller pay 5% Buyer agent Commission |
Seller pay 6% Buyer agent Commission |
| Cash Rebate $ that our buyer will receive |
$5,250 |
$7,000 |
$8,750 |
$10,500 |
Below is another good comparison between different real estate companies in a transaction of $200,000 property with broker commission rate at 3%:
| Rebate amount $ comparison between real estate companies: |
| |
Rebate4buyer.com |
Redfin |
Traditional real estate company |
| Home sale price |
$200,000 |
$200,000 |
$200,000 |
| Gross Commission received by real estate company |
$6,000 |
$6,000 |
$6,000 |
| Commission kept by real estate company |
$4,500 |
$5,500* |
$6,000 |
| Rebate $ to buyer |
$1,500 |
$500 |
$0 |
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*Remember: Refin has a minimum fee of $5,500, while www.rebate4buyer.com has no minimum fee.
Even though you are in an area that is not Rebate4buyer.com's market place, we will be able to refer you to our affiliated agents around the country. And we will give you a cash reward equal to 80% of the referral fee we receive. Here is the fact about our affiliated agent: Only those experienced real estate agent/broker with good reputation can be approved to become our affiliated agent. We are a licensed real estate brokerage, and we can track all agent's record around the country. Because of this prescreen procedure, we have not received any complain about our affiliated agent so far.
Best of all, Rebate4buyer.com will beat any competitor's rebate by 5% (Rebate Match program).
To guarantee you will receive home buyer's rebate at closing, please follow all the steps below: (seems complicated? Contact us, our agents will walk you through those steps easily.) Rebate amont and terms might be changed from time to time with or without notice. Rebate4buyer.com has the sole right to explain the terms of rebate program. Buyers must sign written rebate agreement and deliver back to our agents before the close of escrow. To conduct a Rebate Match, buyer need to get a Rebate Match form signed by Rebate4buyer.com.
2. You actively search for property and know what kind of property you are looking for. Then you drive by and preview those potential properties. That will save our agent lots of times on the road. This is why we offer rebates to those buyers.
3. You get loan pre-qualified or pre-approval through us. (To get pre-qualified or pre-approval, you can simply click here to fill out our loan pre-qualified form on line.)
4. You either call us or email us to set up an appointment to see the inside of those potential properties.
5. You request rebate agreement from our agent, sign it and return it to our company before close of escrow, so that we can send this agreement to the escrow company, who will deliver the rebate to you. (The step is required, if you want to receive the rebate.)
Buyer Rebate Application Form:
Please provide as much info as possible so that we can better serve you. All of the information provided will not be shared with anybody else without your written approval. |
