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Getting A Real Estate Rebate From Germantown Md Realtor
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Different opinions about real estate rebates are going on and have become a hot discussion amongst realtors. It’s highly understandable that why some real estate agents would prefer rejecting a practice that lowers commission.
However, rebates are considered as a strong marketing tool and are growing more popular day after day. In fact, the Department of Justice believes that the ability to provide a rebate is important to competition and lower market prices. Sounds interesting? Here are all the basic things about the real estate benefits that like to call the rebate.
Understanding the Rebate –
In most of the places, the commissions are generally paid by the seller; even if a buyer has a real estate agent that represents them in this real estate transaction. Actually, the rebate comes from this commission. There are such circumstances where the rebate seems like a chunk of change as large as one-third of the buyer agent’s commission.
Though the real estate commission is negotiable completely, it’s become easy for sellers to minimize the listing fee so the rebate is built-in and can be provided to sellers. In fact, it’s not taxable and is credited at closing time; so there are no strikes against a buyer while receiving a rebate. They can walk away with enough bounce in their step and jingle in their pocket.
There are two different ways to approach the real estate rebate:
Real Estate Rebate for the Deal Seeker
Some of the brokerages provide rebates along with all of the standard real estate services covered. This is the actual marketing strategy. Some of the brokerages can still collect profit with a lower gain on the buyer side of the transaction.
Well, there is a question that arises often, what is there for a company to gain by providing a real estate rebate? If the brokerage has largest inventory of listings, buyer rebates can bring more buyers as well as increase revenue. If a real estate agent contacts buyer with another listings provided by their brokerage, the brokerage is handling both sides of a dual agency.
Real Estate Rebates for Independent House Seeker
The use of internet brings in a great number of listings and information to buyers. Most of them browse online to find the property they search for. At the very least, a buyer can do the primary stages of house search by checking properties online, watch virtual tours and cruise by the property on their own.
Some brokerages are providing real estate rebates to these prospective buyers. They don’t provide an agent to help them with showings; so the clients count on the listing agent and open houses. Additional showing services can be bought differently if the buyer is unable to find a way in on their own.
Final Consideration –
Not all real estate agents can or will give rebates. Real estate agents are insured under real estate brokers. Both the broker and agent should agree to provide the rebate. If the broker doesn’t allow the rebate, then none of the agents under that broker can provide the rebate.
Even if you’re buying in a state that allows rebates, you should find a real estate agent that agrees to the rebate very well. Your best option is to look for an agency that advertises the best real estate agents with commission rebates. That provides not only the best rebates but also offer full service including property showings, value analysis, offer negotiations, and more allowing the buyers to make the best informed decision when buying their home.
What are you waiting for? You should do a thorough research and look for a reliable realtor in Germantown MD best suiting your requirements and preferences!
Author Information –
This article is written by Magnolia Realty, which specializes in providing Germantown MD realtor with extensive years of experience and excellence in offering rebate for proactive buyers.
Magnolia Realty is a full-service real estate brokerage servicing Maryland and Washington DC. Our goal is to help home buyers and sellers achieve their real estate goals while keeping as much equity as possible. Our Home Buyer Rebate is the largest Realtor Rebate in both Maryland and Washington DC
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