Why are so many using our real estate brokerage to find their agents?

Great things in business are never accomplished by one person they are accomplished by a team of outstanding people  we provide that dynamic group in our real estate brokerage.

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Example of transaction

Home purchase price is 300K with a Real Estate commission of 10% or 3%. Resale at 3% New Construction 10%

$300K x 10% = $30,000. x 15% = $4500 in your pocket.

$300K x 3%= $9000. then x 15% = $1350 In Your Pocket

$300K x 3%= $9000. then x 15% = $1350 In Your Pocket

Realtor commissions vary on every transaction, and the percent of cash back will vary depending on the terms.

15% cash back is based on your representing agent’s portion of the commission.

Are Real Estate Commission Rebates Legal?

Certain states ban rebates.

According to the United States, Department of Justice

In most states brokers compete on price for consumers’ business. However, ten states have enacted laws that forbid brokers from offering refunds, denying consumers the benefits of price competition and driving prices higher than they would be in a more competitive market.

Rebate States

Some states ban brokers from offering cash rebates to consumers.  Some states where rebates are banned.

UNLOCK YOUR CASH BACK

CASH BACK ON YOUR REAL ESTATE TRANSACTION

Cash Back from your representing real estate agency

Cash Back On Your Real Estate Transaction - How Does The Process Work?

When a buyer or seller, or investment group are seeking our services, and would like more information on the process.

They would contact us. We would take down all the information, explaining our services, and contact the best suited real estate agent or agency group in the area where the client is interested in buying and or selling.

When a local real estate agent or group has been contacted in the desired area for You, the next step would be for us to speak with the agent that’s going to be handling the transaction, and convey known needs, and specifics on the property.

The agent will go over all of the information prior to viewing any property, or going into any contractural agreements with you.

When the buyer or seller or investment group makes the decision to move forward, the agent representing would present a buyer or seller agency agreement, and within that agreement will specify the conditions of the rebate going back to the client, and any other terms discussed & agreed upon.

When all parties are satisfied with the conditions of the contract (including the rebate, all parties would sign, and the agent will begin the process of either listing the property for sale, or finding potential properties to purchase.

The process is straight forward, and the rebate will be paid at the end of a successful closing. Everyone will have copies of the agreement for the rebate, and any other terms involved and agreed on. Unfortunately, rebates for clients from real estate transaction commissions are banned in a few states.

*** Indicates states that prohibit rebates.

a complete listing, see Guide to State Real Estate Laws and Regulations.

Department of Justice Efforts to Lift Rebate Bans

The Division investigates state commissions and other bodies that regulate real estate brokers in ways that restrict licensed brokers from offering rebates. The Division also informs states about the competitive effects of real estate legislation. This section provides details on the Antitrust Division’s efforts in selected states:

Kentucky:   U.S. v. Kentucky Real Estate Commission

Montana April 1st, 2008. Montana Board of Realty Regulation Permits Real Estate Brokers to Offer Rebates to Consumers.

New Jersey November 12, 2009. Re: Senate Bill 139.

South Dakota. August 17, 2005. Press release: South Dakota Real Estate Commission Permits Real Estate Brokers to Offer Rebates and Inducements.
Tennessee May 14, 2007.  Release: Justice Department Expresses Concerns to Tennessee State Legislature on Bill That Would Deny Consumers Cash Rebates in Real Estate Transactions
Tennessee May 14, 2007.  Release: Justice Department Expresses Concerns to Tennessee State Legislature on Bill That Would Deny Consumers Cash Rebates in Real Estate Transactions.  May 12, 2007. Letter to Tennessee house of representatives regarding comments on Tennessee house bill 2005.  Visit Here
West Virginia May 4, 2006. Press release: West Virginia Real Estate Commission Permits Real Estate Brokers to Offer Rebates and Other Discounts.
Discount Real Estate Services

There are discount real estate services that offer to sell your home for less money. When You use a discount real estate service, most of the time, service and reliability will go lacking.

Our service is in no way a discount real estate service. We are a full-service real estate referral group. We have established relationships with many agencies nationally & worldwide.

Cash Back on your real estate transaction is closer than you think.

Avoid Foreclosure & Sell Your Home Fast

Real estate transaction percentages may vary depending on arrangements between realtors in different markets. For more information, contact us.

For The Multiple Listing Service Worldwide Visit Realtor.com Sell A Home
Information text & images in this section courtesy by the United States Department of Justice rebates