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Frequently Asked Questions
Learn All About Cash Rebates...


 Cash Rebate Up To 50%! 


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Q: How Does The Cash Rebate Program Work?

A: When a seller decides to sell their home through a real estate broker, the broker they choose will always charge a commission.  So, when you buy a home that has been listed through a real estate broker a commission is paid by the seller at closing.  For an example, let's take Florida, typically the commission is 5% - 7% (87% of the time it is 6%).  Since it is the most common commission, we will use 6% for the rest of our example. This commission is split 50/50 between the listing broker and the broker that sells the house.  If the listing broker sells the house, they keep the whole 6% commission.  If another broker sells the house, the listing broker gets 3% and the broker who sold the house gets 3%.  If you buy a listed for sale home through us, we give you up to 50% of our commission that we receive back to you as a Cash Rebate.  Example:  If you bought a $250,000 house, the listing broker would receive a commission of $7,500, we would receive $7,500 of which we would keep $3,750 and you would get a $3,750 Cash Rebate. AWESOME!!!

Q: How Is This Cash Rebate Free To Me As A Buyer?

A: In a Multiple Listing real estate transaction the seller is required to pay a real estate commission for the services they received.   You will pay the same amount for a home whether or not you use a real estate agent.  If you do use an agent to buy a home you can expect the listing agent to keep all of the commission (6%).  We on the other hand rebate up to 50% of our commission back to you as a Cash Rebate.  

Q: Where Do You Get The Money From To Give Me A Cash Rebate When I Buy A House?

A: By being your representative on the buying side of the transaction, we are entitled, as in the example above, to a 3% commission.  We then give you up to a 50% Cash Rebate of that commission back to you as a Cash Rebate.   

Q: When Do I Get The Cash Rebate?

A: You receive your Cash Rebate at closing.  It is directly credited to you on the closing statement.

Q:  Couldn't I Just Get A Discount From The Seller Or Get A Cash Rebate From The Listing Agent?

A: It is always possible to get the seller to discount his asking price.  However, getting our Cash Rebate is much different than negotiating a lower price on the home.  You get our Cash Rebate in addition to the lower price that is negotiated.  Example: You are looking at a house that lists for $250,000.  We negotiate a deal that drops the price by 2% to $245,000. Then we give you up to a 50% Cash Rebate of our commission.  Your savings are: $5,000 from the negotiation and $3,675 from the Cash Rebate.  For a total savings of $8.675! The listing agent isn't going to give you anything back.  His contract is with the seller, and the seller is required to pay a 6% commission, no matter who sells it.  

Q: I Was Going To Buy A House From The Listing Agent Because I Saw Their Name And Telephone Number On The Lawn Sign Or On The MLS Listing.  Couldn't I Just Get A Discount From The Seller Or Get A Cash Rebate From The Listing Agent?

A: Once again, getting a Cash Rebate is much different than negotiating a lower price.  No matter what the final price is the seller has a contract with the listing agent to pay them the  commission.  If you buy the house through the listing agent (you call the phone number on the lawn sign) the listing agent gets the whole 6%.  If you use another agent to represent you, that agent and the listing agent each get 3%.  Our value added to you is that if you choose us as your buying representative, we give you up to 50% of our selling commission back to you as a Cash Rebate.   

Q: How Do You Make Any Money On This Deal?

A: Using the example we had above, we would give you a $3,750 Cash Rebate and still would receive a commission of $3,750.  This is certainly enough to compensate us for our services.  Remember, you are a savvy internet buyer.  Your time and effort saved us time and effort. So, this is certainly enough to compensate us for our services.

Q: How Come I Can't Find Other Real Estate Agents Who Will Give Me A Cash Rebate?

A: Quite simply, they can't afford to for a number of reasons.  Most agents working for large national firms (Coldwell Banker, Century 21, etc., you know the names) and are paying up to half of the total commission to their company.  So instead of giving you a Cash Rebate they are paying to keep up the corporate headquarters, the company plane, the national convention, the Super Bowl commercial, and the CEO's salary.  It's not their fault, they just plain don't have the money to give you a Cash Rebate.  There is still another reason.  Traditional full-commission real estate agents don't like Cash Rebates as it threatens what they perceive to be their traditional way of making money.  Because of this traditional way of thinking, few real estate agents have or ever will adopt our business model and use of technology the way that we have to reduce our costs and pass a great deal of the savings on to you in the form of a Cash Rebate.

Q: I Don't Want To Pay More For A Home So I Don't Want To Use A Real Estate Agent At All.  What Do You Have To Say About That?

A: Great Question… No matter whether you use us or not, you are going to pay the same price for the home you purchase based on the negotiations.  Your advantage in calling us to assist you in purchasing a home is that we provide you with professional assistance with the selection of a home, the paper work, the negotiations, closing details, inspections, etc. and we give you up to a 50% Cash Rebate on what we receive as sales commission. It is really a no-brainer to use us as your Buyer's Agent.   

Q: Are Cash Rebates Like This One Legal?

A: Florida real estate law permits the sharing of commissions with the principals of the transaction. Since you as a buyer are a principal, providing you with a Cash Rebate is perfectly legal.  Click Here for the Department of Justice ruling concerning Cash Rebates...

Q: Do I Have To Sign A Contract With You?

A: No, we have no long term contracts with you to lock you in as some "Buyer’s Agents" do.  We will however have an agreement on the individual home that you are interested in purchasing.

Q:  I Already Have A Contract With A Realtor; Can I Still Get A Cash Rebate From You?

A: Sorry, you can not get a Cash Rebate from us if you are represented by another realtor.

Q:  I Have A Realtor That Was Recommended To Me.  I Don't Have A Contract With Them, But I Would Like To Use Their Services.  Can I Still Get Your Cash Rebate?

A: Yes, if the Realtor will agree to our terms.  Please contact  us and tell us about your situation.  We think it is important that you deal with people that you have confidence in.  If a friend or relative gave you this referral it was because they felt the realtor did a quality job.  After you call us we will contact the realtor and explain the situation.  We have found that most realtors welcome the opportunity to work with us and save you money on the sales commission. 

Q: What Kind Of Service Can I Expect From You?

A: We reduce commissions, not services! You can expect exceptional service from us.  Unlike traditional cost real estate agents who spend 90% of their time trying to get listings, we spend 90% of the time working with buyers to find the right home in the right community at a good price.  We know all the ins and outs of getting you, the buyer, the best deal.  And, after we secure that deal, we will help you every step of the way until we are both at the closing table and shaking your hand on the great deal we got you on your home as well as receiving a Cash Rebate on top of it all.   Our experience allows us to also recommend the best mortgage companies, title insurers and home inspectors if needed.  

Q: Can I Get A Cash Rebate If I Buy A New Home?

A: Yes, many, if not most, builders will pay a commission when their homes are bought through a real estate agent.  If you do not use us as your real estate agent when buying a new home, the commission is instead distributed internally within the builder organization which is of course no benefit to you.  We will be happy to work with you in buying a new home from a builder.  But, you must contact us first before you go visit the builder.  This is a requirement of the builder.  So, if you are thinking of buying a new home, please contact us first as it is the only way that we can provide you with a Cash Rebate, at closing, on your  new home.     

Q: Won't The Builder Just Raise My Price To Pay You?

A: Florida law forbids such a practice.  The price of the home must be by Florida real estate law the same whether you use an agent or not.   

Q: Besides The Cash Rebate, Are There Any Other Reasons I Should Work With You As A Buyers Representative When I Buy A New Home?

A: There Sure Are!   Builders specifically encourage and compensate buyer representatives to assist clients in their communities.  Builders realize that most buyers shop both the resale market and other new home builders with their buyer's representative, and therefore plan on agent compensation as a part of their overall marketing program.  However, builders will not encourage a buyer to use the services of an agent for the fear of losing the buyer to other homes or builders suggested by the agent.  It cost you nothing to use our services when purchasing a new home from a  builder and you even get a Cash Rebate from us.  If you are still thinking of dealing directly with the builder, don't.  Here is why:

1.      The builder salesperson is employed by the builder and only represents their interest.

2.      The builder's use their own contract with clauses written to protect the builder. 

3.      You are on builder's turf!  Builder sets the rules. 

4.       The builder may limit the lenders available to you for financing the home if the builder assists in closing costs. This can cost you additional money!

So please, coordinate your initial visit to a builder with us.   

Q: Financing:  So… What Is The Difference Between A Pre-Qualified and A Pre-Approved Mortgage?

A: Pre-Qualified is merely an assessment that you may qualify for a mortgage loan and is the result of the data you supply, and does not consider the other data a lender may have access too.  It holds no real weight and is a marketing technique used by lenders to have potential loan applicants consider doing business with them. 

Pre-Approval is vastly different.  It means that the lender, after considering your application and all available data,  has made a formal commitment to grant you a loan for a specific amount of money.  This allows you to shop with confidence for homes in your price range.  In simple words the pre-approval letter tells the seller that you have the financial means to buy their house.   

Q: Why Do You Require That We Should Be Pre-Approved For A Mortgage?

A: There are two reasons why we do this.  One is for our benefit; the other is for your benefit.

1.      For Our Benefit:  As we have mentioned before, a great deal of a traditional agent’s expense comes from just wasting time.  There are many people who view visiting homes for sale as a hobby, much like going to garage sales.  Their sole interest is to be entertained by the agent and see peoples' homes and how they are decorated.  We are sure you would agree that the potential buyer who has gone through the steps of getting a pre-approved mortgage indicates that they are clearly a serious buyer.  By eliminating the casual shopper, we save an enormous amount of time and pass that savings on to you in the form of the Cash Rebate.

2.      For Your Benefit:  A Pre-Approved home buyer has an enormous advantage when buying a home.  Let us give you an all too familiar example we have seen:  Two potential buyers tour a house.  They both decide that this is the house they want to buy.  Through their agents they both make an offer at the price the home was listed at.  One buyer is Pre-Approved and one is Pre-Qualified.  It is the Pre-Approved buyer whose offer is accepted buy the buyer,  Why?  Because the seller knows that getting a mortgage will not be an obstacle to closing the home sale.   

Q: Do I Have To Get My Pre-Approval and Mortgage Through You?

A: Absolutely Not!  Many of our buyers have existing relationships with favored lenders and we encourage them to continue that relationship.  However, many other buyers use our services to acquire a mortgage.  We have lots of connections with various loan programs and mortgage broker and we can find you very attractive mortgage rates.  We do not work with any specific lender(s).  Instead we put the power of technology to work for you.  We have built an IT system that allows us to search a database of hundreds of qualified lenders to find the most suitable match for your home financing needs.  We believe you will find this service extraordinary.   

Q:  I Am A Serious Home Buyer.  We Have Been Looking On The Internet For Homes.  And Have Even Found Some We Are Interested In Seeing.  I Would Like To Consider Further Using Your Services To Help Me Make The Home Purchase and Get A Cash Rebate.  Where Do I Start?

A: Click on the bar below to return to your Local Cash Rebate Broker and to get started… 







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