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buyer rebate: Buyer Rebate - Is it legal? What about disclosure? - 07/19/07 05:33 PM
I'm a broker in SW Florida and I recently began marketing buyer rebates. I have been searching the internet to find out exactly what the disclosure requirements are for my state and I finally called the legal hotline. They directed me to the Florida Administrative Code 61J2-10.028 Kickbacks or Rebates.
Reads as follows:
(1) Any real estate licensee who receives, or makes any arrangement or agreement to receive, directly or indirectly, any kickback or rebate, for the placement of, or favor in, any business transaction which forms a part of, or is incident to, any transaction(s) negotiated or handled by said licensee, … (7 comments)
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buyer rebate: The Best Way to Buy Real Estate…Buyer Rebates - 07/18/07 11:51 PM
Receive a Buyer Rebate of 2/3rds of my commission when you find the property you want to buy on your own. Most listed properties offer 3% to the buyers' agent. In which case, you would get 2% and List In MLS Realty would get 1%. On a purchase price of $300,000 that would amount to $6,000 for you to use however you'd like. List In MLS Realty will assist you with home tours, pricing advice, offer presentations, negotiations, financing, inspections and the closing process.
What you need to know
Not all commissions are six percent. Seller's set the commission rate at the time … (9 comments)
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Mark Hetrick - Fort Myers Real Estate
Fort Myers,
FL
More about me…
List In MLS Realty, LLC
Office Phone: (239) 936-5478
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