FAQs
Where does the money I receive (the rebate) come from?
In a ‘typical’ transaction, the seller may pay a 6% commission of which 3% goes to the seller’s listing agent/broker and 3% goes to the buyer’s agent/broker.
Transaction example - normal real estate:
However, when working with Buyer Rebates Realty, there is one additional step, 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 it does, to both new home construction and new home communities. Buyer Rebates Realty must be your "registered" Realtor at the new home community in order for us to get paid a commission and then in turn, to be able to pay you a rebate. We prefer to be with you when you visit a new home community and we will handle the registration at that time. However, if you visit a new home community without us, be sure to tell the community / builder site agent that Buyer Rebates Realty told you about the community and that Buyer Rebates Realty is your real estate agent. This is especially important if you complete a community / builder registration form. 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 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 Area Association of Realtors, 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, usually 1 1/2% of the purchase price.
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 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?
Absolutely. Here is a link to the US Department of Justice website discussing real estate cash rebates.
Lets 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