Where does the money I receive (the rebate) come from?
If the seller pays a 6% commission, 3% may go to the seller’s listing agent/broker and 3% may go to the buyer’s agent/broker. Broker commissions are not set by law and are fully negotiable.
Transaction example:
However, when working with Buyer Rebates Realty, there is one additional step. In the transaction example above, the 3% paid by the seller to Buyer Rebates Realty is then split with you the home buyer.
Transaction example using Buyer Rebates Realty:
Does the rebate program apply to new home construction?
Yes, our rebate program also applies to new home construction and new home communities. In order for us to be paid a commission and in turn pay you a rebate, it is IMPERATIVE that Buyer Rebates Realty be your “registered” Realtor with the builder. We strongly prefer to be with you when you first visit a new home community and handle this registration in person. (Remember we are a full service real estate company.) However, should you visit a community without us, you MUST tell the builder’s site agent that you heard about the community from Buyer Rebates Realty and that Buyer Rebates Realty is your real estate agent. If you complete a builder registration form when at the model home you MUST indicate Buyer Rebates Realty is your real estate brokerage. WE MUST BE PRESENT BEFORE YOU DO A LOT DEPOSIT OR ENTER INTO A CONTRACT.
Does the rebate program apply to homes on the Multiple Listing Service (MLS)?
Yes it does. However, if another agent shows you the inside a home, chances are that home will not then quality for a rebate. (An exception to that rule is an open house; so long as you tell the other agent at the open house that you are already working with Buyer Rebates Realty the rebate program will still apply.) You can also do "drive-bys" to check out the exterior of houses and neighborhoods but when you want to see inside a home, be sure to call your Buyer Rebates Realty agent and see it with us.
How is Buyer Rebates Realty similar to other residential real estate brokerages?
We are regulated and licensed by state agencies to protect consumer interests. We provide service on par or better than most other brokerages. We are members of the Orlando Regional Realtor Association, the Florida Association of Realtors and the National Association of Realtors and adhere to those organizations' Code of Ethics.
How is Buyer Rebates Realty different from other residential real estate brokerages?
We are Buyer's Agents and we give you a rebate check at closing.
What types of property do you help buyers with?
We can help buyers with any resale home listed with any Realtor (MLS), with new home construction and communities, with bank owned homes (REO's), with short sales and with vacant land throughout central Florida.
What types of buyers do you work with?
We work with relocating buyers, move-up buyers, investors and first time buyers.
Do I need to use a particular mortgage company?
No, you can use any mortgage company you want. If you would like assistance in choosing a mortgage lender we will be happy to assist you.
Are rebates legal in Florida?
Absolutely. Here is a link to Florida Administrative Code 61J2-10.028(2) discussing real estate rebates.
Let's Get Started!
We are available 7 days a week to show homes,
answer questions and provide step-by-step guidance. Please contact us,
Call us at 407-629-2300 or toll free at (800) 726-8448 or
Email: BuyerRebatesRealty@gmail.com