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Get
50% of the commission we receive. This is a limited time
offer and is only available for new construction homes. Minimum
price to be $185000.
Offer subject to change without notice. This Offer is only valid
for users of this site. Thanks.
Frequently
Asked Questions about New Construction Rebate/Commission Discount
Q:
There’s no such thing as a “free lunch”…how
are Rebates “FREE” money?
A:
While the adage is true in most cases, it’s
false with regard to Rebates, at or after closing. Rebates are
indeed FREE money to the Buyer. Contrary to popular misconception
that commissions are ultimately paid by the Buyer or that a Realtor’s
compensation increases the cost of the Buyer’s home, commissions
are truly and solely the expense of the Seller or Home Builder.
The Builder/Seller basically allocates 6% of a home’s asking
price as a sales (commissions) expense. Of the total commission,
3.3% goes to the agent that represents the Seller or Builder and
the remaining 2.7% goes to the Buyer’s agent. If the Buyer
goes into the Builder’s office without a Realtor, the Builder
seizes the opportunity to collect the entire 6%!
Never
go into a Builder’s office without enlisting us "Link
Real Estate Services, Ltd., Mike Abdullah as your Realtor"
don’t leave money on the table! It doesn’t cost you
anything to do so…however, going at it alone could become
quite an expensive lesson for you-the Buyer!
Q:
I already registered with a new homebuilder. Can I still get a
rebate through one of your real estate agents?
A:The
short answer is you may have just made a big mistake. Then again,
you may still be able to get the rebate. Here’s why:
A
builder allows you to have an agent when you show up on your first
visit. If you’ve already visited the builder, they are not
legally bound to compensate a real state agent, since you’re
already a potential client. However, sometimes a builder will
allow you to hire an agent after the fact. Your first step should
be to call the builder ASAP and ask them if you can have a real
estate agent represent you. If the builder says yes, we will be
happy to work with you. Cross your fingers, because if the builder
doesn’t allow you to hire an agent, then you have to either
a) buy that home without the rebate (ouch!) or b) pick another
builder.
Q:
I've already visited a Home Builder and decided on a particular
home...am I still eligible for a Rebate from the Builder?
A:
The answer depends on whether or not the Builder will permit you
to add a Realtor to the purchase agreement (if one has indeed
been executed or signed). Quite possibly, you may have to locate
another Builder (walk away from the deal) or alternatively, forfeit
the opportunity for a Rebate altogether, once an agreement is
reached (you stick it out) Bummer!! If the Builder doesn't budge
in letting you add a Realtor to the earnest money contract and
you move forward with purchasing the Home, unfortunately, you
will have just left money on the table and allowed the Builder
to keep ALL of the commission on your new Home purchase.
Q: How can I possibly ensure that I will actually receive
a Rebate from you?
A:
If a Link Real Estate Services, Ltd., Realtor represents the Buyer
on a purchase agreement with a Builder, the Buyer can rest assured
that he or she will indeed receive a Rebate for their purchase.
To ensure the fact, we will put the Buyer's Rebate in writing,
before the purchase contract is executed (or signed) with the
Builder.
Q: Do we work exclusively with certain
Builders or can a Rebate be received from any Builder?
A:
We are not affiliated with any particular
Home Builder (i.e. Pulte, Lennar, etc.). Our sole responsibility
and allegiance is to our Buyer.
Buyers
are free to use any Builder to receive a Rebate!NOTE:
The Buyer must enlist a Realtor, prior to entering into agreement
with the Builder or she/he could potentially forfeit the chance
to receive a Rebate on an agreed upon Home purchase.
Q: How exactly does the Buyer receive
a Rebate?
A:
After the Buyer enlists a us as a Broker
Realtor, decides on a specific Builder and enters into an agreement
to purchase a new Home, the Rebate will show up as a credit on
the Buyer’s HUD-1 (or settlement statement) at closing or
in a form of check after 2 weeks after closing. In short, a Rebate
will enable the Buyer to come to closing with less (or sometimes
without) money out-of pocket.
Q: Can I receive a Rebate on a pre-existing home, similar
to a newly built home?
A:
Definitely.
we can also aid Buyers that need assistance locating pre-existing
homes vs. newly built homes. However, buying a pre-existing home
requires more work on the Realtor’s part (i.e. driving around,
showing properties, negotiating the Buyer’s deal, etc.).
Therefore, Rebates on pre-existing properties will be negotiated
between the Buyer and Realtor on a case-by-case basis; nonetheless,
the Realtor will still put the Rebate in writing prior to executing
a purchase contract. Please
read FAQ's for details.
Q:
Why aren't Rebates given across the board by all Realtors?
A:
The subject of Rebates leaves a bad taste
in the mouths of many Brokers and Realtors across the country.Rebates
are basically gifts that the Buyer can use to reduce their out-of-pocket
expenses; however, the Buyer's gain is often seen as a loss to
the typical Realtor/Broker. Most agents earn their sole living
based on the commission received from a real estate transaction.
Oftentimes, the Realtor has to divvy their commission check with
their sponsoring Broker. So, the misconception amongst many agents
is that providing a Rebate is synonymous to leaving a hole in
their pockets, which ultimately results in forgone income for
them.
We
don't adhere to this belief...we see a great opportunity in helping
Home Buyers that are actually capable of doing a great deal of
the upfront legwork. In fact, we owe it to ourselves to share
the wealth, instead of hoarding it, when everyone indeed plays
their respective parts during the real estate transaction!
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