Green Estate Realty offers a unique Buyer Rebate Program for smart buyers in real estate transactions. In order to get a cash back rebate from Green Estate Realty, a buyer rebate agreement must be signed before any home is shown. You can provide us with the type of home and area criteria, we can set up home alerts in the MLS system. All MLS listed properties are available for public viewing on various MLS websites as well as Zillow and Realtor.com. If there is no open house, call/text/WhatsApp us to schedule a showing. Using online home search tools can help you find the best properties according to your personal preference and save time. Once a property is chosen, we will write and present the offer, handle all the negotiations, arrange for attorney review, schedule inspections, help on mortgage application, appraisal, title search, etc. all paperwork through the day of closing. An agent representing a buyer normally gets 2.5-3% of the purchase price as a commission which is paid by the sellers. We give you % of rebate from that commission directly applied at closing.

Yes. Getting your 50% rebate when buying a new home is the easiest of all. All the major builder’s welcome agents, and there is never any discount if buyers purchase directly from builders, so getting the rebate makes perfect sense. Builders do need to register the realtor. So, when you visit a builder’s sales office, please state that a Green Estate Realty @ Tanvini agent sent you or notify us to pre-register you before you go to the sales office.

The rebate is a large sum of money. For example, if we close a home at $600,000, the buyer receives a $3,750 rebate. If the rebate is taxable, that reduces the benefit significantly. Please ask your accountant for your final answer. However, we did our own research. Please read on IRS ruling for real estate buyer rebates.

Another way to minimize the issue with the IRS is to include the rebate into your closing statement and basically reduce your down payment. Therefore, no IRS reporting (1099 form) is needed from Green Estate Realty LLC.

Yes, we will not be able to represent you until you have signed a Buyer Rebate Agreement (you may cancel this agreement anytime). The Buyer Rebate Agreement will protect and guarantee the rebate at closing and our services during the entire transaction. Once you sign a Buyer Rebate Agreement with us, you must disclose, let other parties know you are being represented. When you are asked if you have an agent, the most appropriate response is “YES, I/we have an exclusive buyer-agency agreement". Never misrepresent yourself to a realtor and/or homeowner or trick him/her into showing you the property, then switch agencies, it’s unethical. We will not be able to represent you if that occurs and you will lose out on the rebate.

No, most real estate brokerages do not allow any rebates. The buyer’s agent’s share of the commission is usually half of the total 5% commission. If you buy a house directly through the listing agent, both 2.5% for the buyer’s agent and 2.5% for the seller’s agent will go to the listing agent as a disclosed dual agent. Whether or not you deal directly with the seller, the standard 5% listing contract states the listing agent still gets the full commission. No discounts for the seller finding the buyer, even if the buyer is his brother.

Another important factor do NOT ask the listing agent to provide you with a rebate, it compromises your negotiation when the sellers know you have a rebate. Let us get your best price first, only after the contract is signed, shall you disclose your cash rebate to all parties.