Buyer Rebate Program
Get Back 25% of Our Commission
Let's face it. Most buyers do their own search on-line. The role of the real estate agent
has changed. this is how you benefit when buying a home through 123 REALTORS.
Please read the important guidelines listed below
Rebates Also Apply To Many NEW HOME COMMUNITIES
But you must visit with us FIRST to register on your initial visit
Sample Commission Rebates at 3% Buyers Agent Commission:
Sales Price $800,000 Rebate $6,000
Sales Price $500,000 Rebate $3,750
Sales Price $350,000 Rebate $2,625
*IMPORTANT: New Jersey Real Estate Commission rules REQUIRE there be a written agreement with the buyer at the onset of the relationship. Otherwise no rebate may be issued. So you must sign up for this initially or it will not apply. The rebate will be paid as a “credit” to the buyer at closing or a check from the closing agent, thereby reducing our portion of the Broker commission.
The Buyer must have purchased the home through our office. The Buyer will be obligated to pay any applicable taxes for the receipt of the rebate and should contact a tax professional concerning the tax implications of receiving the rebate. All parties to the transaction, including the mortgage lender, must be notified of the rebate. The rebate is not contingent on the Buyer using any services or products.
The Rebate amount is based only on commissions actually collected by 1-2-3 Realtors/Homeowners Concept. The calculation is based on the “Buyers side” portion of the commission, not on the “listing side”, if our office also happens to be the Listing Broker. Please see our Buyer Rebate Agreement for complete terms & other restrictions. May be withdrawn or modified at anytime. The above is an example only. There is not guarantee what the percentage commission will be as in NJ all commissions are negotiable.
For Details, Contact Robert Bornstein, Licensed Real Estate Broker
732-341-8840 ext 1
PLEASE ADVISE YOUR MORTGAGE LENDER ABOUT THE REBATE AS IT MAY AFFECT THEIR GUIDELINES
*There are certain geographic and price restrictions on this program, please ask for details
* For homes selling under $200,000, the rebate is 20%
*For homes selling under $125,000, the rebate is 10%