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Builder Incentives Towards Realtors

By Alan Rainey

Real Estate Agent

June 22, 2007 03:57 AM

Here's a question where all are invited to reply. Just wondering what incentives Home Builders are offering to Realtors. I've seen a few ranging from a free cruise if you sell a certain number of their units to airline miles for a roundtrip ticket.

So let's hear what builders are doing to keep their inventory in your consideration for your buyers.

Alan Rainey

Comments(3)

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Raj Dhaliwal

Century 21 Coastal Realty Ltd. - Abbotsford, BC

Personal Real Estate Corporation

Little higher commission than "normal". About 1-1.5% higher in some cases. Some developers don't offer much, they like to sell on their own.

Jun 22, 2007 04:03 AM

Laurie Mindnich

Centennial, CO

My most recent builder was amazing- 6% coop, and 1/2 paid UP FRONT. Our buyers are responsible for a 10% down payment- non refundable- so if an agent brought in a buyer, they got paid 3% within a few weeks of the contract, and the balance when the house finished. Average prices were 500k, and they sold like hotcakes!

Jun 22, 2007 04:09 AM

Alan Rainey

Wichita Falls, TX

ABR CRS GRI

Thanks Laure, sounds like a strong offer. Raj, I appreciate your response. I've found that some builders have amnesia about Realtors until the market goes soft and then they want our attention. Keep the comments coming.

Alan

Jun 22, 2007 04:34 AM

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