Buyer's Rebate
In Florida, the law allows for the Real Estate Broker to share their commission with their buyer
as long as full disclosure is given to all the interested parities to the contract.
The typical commission offered by most Builders to a Real Estate Broker who is representing a new
home buyer is 3% of the price of the home. If someone walks into a model and does not have a Real Estate
Broker representing them the Builder simply retains that 3% as part of their profit. This 3% is already
incorporated in the cost of their homes as a marketing expense for doing business with the Real Estate
community.
At New Home Construction Realty LLC we have made the decision to rebate 1.5% of the commission to the
buyers at closing. Just imagine, not only do you get your keys to your brand new home at closing, but
also a very nice check! It just doesn't get any better that that! It is your money to spend
however you wish. So let's look at some math and see how much your check will be:
| $150,000 purchase price |
X | 1.5% |
$2,250 is your check at closing |
| $175,000 purchase price |
X | 1.5% |
$2,625 is your check at closing |
| $200,000 purchase price |
X | 1.5% |
$3,000 is your check at closing |
| $225,000 purchase price |
X | 1.5% |
$3,375 is your check at closing |
| $250,000 purchase price |
X | 1.5% |
$3,750 is your check at closing |
| $275,000 purchase price |
X | 1.5% |
$4,125 is your check at closing |
| $300,000 purchase price |
X | 1.5% |
$4,500 is your check at closing |
Buyers over a $300,000 purchase price please call to negotiate your percentage, we will beat any competitors.
For those new home buyers in the state of Florida but out of the Broker's home area of Lake County you
can still receive a rebate check at closing. Please keep in mind that the personal contact that I provide
in Lake County will be much more difficult because of the travelling distance, although I will always be
available through telephone or email.
 Click here to learn how to properly register at a Builders sales center.
- If your Broker is not with you when you visit a Builders model home the first time simply hand them
a New Home Construction Realty LLC business card when you walk in the sales center. You are empowering
yourself by informing them up front that you have a professional representing your best interest from
the very beginning.
- If you have already visited a builders model home and plan on going back for a second look and
decided to be represented by New Home Construction Realty LLC don't forget to take a business card with
you and hand it to the Builder's representative when you come in the door and inform them that you are
now represented, Ask a VERY important question- Will you Honor my Broker? If they say no, or that they
have to check with their boss, simply have a seat while they decide if they are going to honor your
Broker. Receiving your rebate hinges on that decision. Please give your Broker Jay Dixon a call if you
have any problems, he will handle any issues that may arise, every situation is different.
- If you have made many visits to the same Builder and think you are ready to buy and are not
represented by a Real Estate Broker and want to be represented by New Home Construction Realty LLC so
you may utilize our services and receive your rebate check at closing it is VERY, VERY, IMPORTANT that
you call your Broker Jay Dixon and inform him of the situation, your rebate check may still be obtainable
but time is of the essence, I will make contact with the Builder's representative and do everything within
my power to represent you so you may receive your rebate check. We still have leverage on our side because
you have not signed the contract.
- If you have signed a contract or lot reservation and given the Builder a deposit, it is not very
likely that I will be able to represent you. You have given up your right to receive your rebate check.
However, please give me a call and let me know the situation and I will contact the Builder and do my
best, but understand the Builder is under no obligation at that point to allow you to be represented.
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