CASH-BACK AFTER CLOSE OF ESCROW BUYER PROGRAM

"Buy a new home from a top home builder, bank foreclosure, or a resale home and get a commission rebate! Why leave all of that money behind at the settlement table now that you can buy real estate with John Evans, as an independent BMC broker-agent and get a buyer’s rebate at close of escrow?"


The facts about Cash Back
Since the buyer broker's commission is normally paid by the listing broker or seller
and built-in to the sales price, buyer broker rebates are the principal method by which a buyer's broker can negotiate and discount their commissions.  Such broker rebates to purchasers are morally good because they reduce the cost of housing for the consumer and promote competition and innovation amongst real estate brokers. Federal antitrust laws protect real estate broker cash back or rebate incentives to home purchasers. According to the Department of Justice, real estate broker rebates or cash back to buyers makes home purchases less expensive. These discounts in the form of rebates can help home purchasers save money when buying real estate. The Department of Justice has published an educational guide for consumers on their website (click here).

The Department of Justice is committed to preserving competition in the real estate industry through its competition advocacy efforts. Given that California allows real
estate brokers to provide rebates to consumers and to customize their real estate service offerings to meet their customers’ needs, the Department of Justice has not advocated that California change any of its real estate laws or regulations.

If you have any concerns with the competitive landscape of the real estate industry in California or any other state, please contact the Department of Justice at: RealEstateCompetition@usdoj.gov.


Buying a home? Get a commission rebate when you buy a new home
construction or resale!

If you are buying a home in a newly constructed tract from a builder, you must first call or e-mail me so I can provide appropriate instructions so your rebate will not be
jeopardized.

Name:
Phone:
Email address:
City and State where you want to buy or sell?
Price range?
Interested in buying a resale or new home from a builder? Select from the choices below Resale New
Additional information for your agent:

Selling a home? Get a discount when you sell your home!




Example: NEW CONSTRUCTION REBATE: (50%) of broker commission to the home buyer.

Sales Price:	$	300000
Commission  Percentage:		3%
Rebate Percentage:		50%
Rebate Type:		% of buyer’s broker commission
Total Commission:	$	15000
Buyer’s Broker  Commission:	$	15,000
Rebate to Buyer:	$	7,500