March 14, 2022
On a typical transaction, we are paid 3% and we give you a 2.25% rebate. The rebate on a home purchased for $400,000 would usually be $9,000 ($400,000 x 2.25% = $9,000). Please note: Some builders only pay commissions on the base price of the home, and do not pay commissions on the lot premium or upgrades. Also, the minimum fee for our service is 0.75%. So if the commission offered by the Builder is less than 3%, your rebate will be adjusted accordingly (for example: 1.75% rebate if the Builder is only paying 2.5% commission, 1.25% rebate if the Builder is only paying 2% commission, etc.). To find out the commission the Builder is paying in order to estimate your rebate, you can simply ask the Builder’s Sales Agent what commission they are paying, or we can check with them to find out for you.
« Previous Next »