Real Estate Agent with Rodeo Realty 01325954

As published in The Daily Breeze Home Guide, 5/1/2010



Incentive Program Extends the Benefit of the Now Expired

Federal Home Buyer Tax Credit to All Home Buyers!

            The real estate industry can credit the recent Federal Home Buyer Tax Credit, which expired April 30th, to a boost in sales activity and a recovering market.  To help keep that momentum alive - and help put more people on the path toward homeownership - Coldwell Banker has launched a national "Buyer Bonus Sales Event," beginning May 1st and ending July 31st.

             The goal is to help Sellers improve the chances that their home will sell more quickly, and to help incentivize Buyers who missed the tax credit by allowing them to still reap the financial benefits that the tax credit would have provided.

             The exciting program calls for participating home Sellers to offer a closing cost credit of 3% of the final purchase price (up to $10,000 -- more than the government's $8,000 maximum credit!) for all accepted contracts signed before July 31, 2010. 

             "This special 3-month event offers the potential of a bigger closing cost credit to home buyers and is open to all with no eligibility restrictions, unlike the government's program," commented Elaine Mallon, Broker Associate for Coldwell Banker's Palos Verdes/South Bay and Manhattan Beach offices. "Buyers who missed out on the Federal Tax Credit can be encouraged to keep up their home search."

 In addition to special local marketing efforts, there will be widespread national marketing support including tags on TV advertising, banners on and other key websites that link to a landing page where consumers can search participating properties.

             "Sellers who participate in the program will have added benefits that will help their homes stand out from the competition in the crowded Spring/Summer market, creating excitement around their property and exposing them to a wider audience of potential home buyers," concludes Elaine.  "The Buyer Bonus program could be just the incentive to motivate buyers into making an offer on participating homes and helping these homes sell faster."

             If you're looking to list your home soon, please contact Elaine Mallon directly at (310) 721-7121 or at for additional information about the Coldwell Banker Buyer Bonus Sales Event.

             Elaine Mallon is a licensed Real Estate Broker, Certified Negotiator, Relocation Specialist, Palos Verdes Peninsula Area Specialist, CARTUS Marketing Specialist and award-winning Marketing & Public Relations Veteran.    She assists both Buyers & Sellers throughout the Palos Verdes Peninsula, San Pedro Peninsula and South Bay Beach Cities.  For superior service & fast results, please contact her today -- she is eager to help with all your Home Buying & Selling needs!

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