More than just a great marketing tool, real estate rebates help potential homeowners in more ways than you’d think! But that’s a topic for a future blog!
For now, we’re going to be talking about how they work.
The amount that is credited to you—the rebate—is part of your agent’s commission, something they get from the seller’s agent as a cut of the transaction. This is a perfectly legal standard business practice in at least 40 states or so, including Texas.
However, real estate rebates do have a fair share of misconceptions surrounding them.
As a firm that offers real estate rebates Texas to buyers and lender incentives in various counties such as Collin County, Denton County, Travis County, Bexar and more, we feel it’s our duty to clear the air!
Investing in Property for a Buyer Rebate—what’s involved?
There are a number of ways you can get a buyer’s rebate.
In fact, some brokerages offer rebates even if a trade-off isn’t made. The rebate will just be included in the normal services you avail.
Typically, these brokerages bring in more buyers and maintain a certain ratio of profitability, even when they’re not earning a lot of revenue as the buyer’s representative. And for a lot of firms, this tactic works.
However, some brokerages opt for giving you a rebate with lesser services. They’ll offer a rebate but they won’t offer other services like that of an agent, or any information on listing and open houses. Once you purchase those services separately, they go ahead with the whole shebang, helping you get the best price and comprehensive services.
This is why when you search for a real estate brokerage, you have to do a lot of research to ensure that your choice works in your favor.
As a Prospective Homeowner
While rebates do have a too-good-to-be-true quality about them, there really is nothing wrong with the concept. Consumers can enjoy more choices and save money alongside. That is the whole point of the marketing strategy—to give homeowners a good monetary incentive while they work alongside a professional.
So if you ever feel guilty about a rebate, don’t. You’re well within your right.
Want to Learn More?
Builder Buck$ is here to help.
Contact us today and tell us whether you’re investing in a New Home Rebates in Denton County Texas or a pre-existing property. We’ll help you in any way we can!