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$ Cash Back Rebates to Home Buyers $

By Matthew Costello

Real Estate Agent with Real Broker LLC 55617-94

November 22, 2008 12:27 AM

Looking to purchase a home? Feel free to put some extra money in your pocket at closing with our Buyer Incentive Program. This program is a win/win for all parties. Buyer receives proper representation and a nice cash-back incentive. Keller Williams Realty and the MadCityDigs Team receive a great new friend and client for life...

There are no fees paid from you to Keller Williams Realty with this program as we will be compensated from the listing broker or seller directly.

Receive a cash-back incentives by purchasing a home or other real estate using the services of the MadCityDigs Team of Keller Williams Realty...

Here's how it works:

1. E-mail us at team@madcitydigs.com and state that you would like to use the Cash Back Rebates to Home Buyers Program. Call 608-661-7019.

2. Sign a Buyer-Agency agreement with the MadCityDigs Team of Keller Williams Realty. You must not have an existing Buyer- Agency agreement with another agent.

3. You must purchase a property through MadCityDigs Team of Keller Williams Realty as the selling agent. There can be no other referral arrangement
owed by Keller Williams Realty to another real estate agent or broker involving the buyers signing up for this program.

4. You must close on your home before February 1, 2009.

5. This cannot be combined with any other incentive or discount.

6. This program is only valid for a buyer agency agreement signed after October 31st, 2008 and will not be valid for purchase contracts in escrow prior to this date.

7. After the closing and the receipt of the sales commission by Keller Williams Realty, you will receive an incentive based upon the purchase price of your property as follows:

Home purchase price up to $100,000, receive cash incentive of $250
Purchase price $100,001-$125,000, receive cash incentive of $375
Purchase price $125,001-$150,000, receive cash incentive of $500
Purchase price $150,001-$200,000, receive cash incentive of $750
Purchase price $200,001-$300,000, receive cash incentive of $1,000
Purchase price $300,001-$500,000, receive cash incentive of $1,250
Purchase price $500,001-$1,000,000, receive cash incentive of $1,500
Purchase Price of $1,000,001 or over, receive cash incentive of $2,000

Most real estate companies continue to do business the traditional way and get away with out offering real estate rebates to their home-buying clients. One of the biggest reasons traditional agents get away with not offering rebates is because most homebuyers are not very well informed about buyer rebates.

Ask just about any traditional real estate agent what he / she thinks about giving back part of their commission to their home buying clients in the form of a real estate rebate and you just put a stick in a hornet's nest. Most Brokers continue to do business the traditional way and get away with out offering real estate rebates to their home-buying clients.

One of the biggest reasons traditional agents get away with not offering rebates is because most homebuyers are not very well informed about buyer rebates. How they work, where the money comes from, will a rebate affect the price they may pay for that next home or are they even legal in the first place?.

Homebuyers should at least know they exist and have some basic knowledge about how rebates work so they may make an informed decision when it comes to using an agent that offers a rebate or one that does not.

To be honest, just the word rebate sounds cheap. For me it congers up images of my dad mailing in a rebate form so he can get two bucks back on a case of Pennzoil. And, there is nothing wrong with that. A penny saved is a penny earned.

Matthew Costello - Realtor®
Keller Williams Realty
The MadCityDigs Team
Bringing Buyers & Sellers Together
mattcostello@kw.com
2601 Crossroads Dr, Suite 130
Madison, WI 53718
fax: 608-226-0824
mobile: 608-209-0019
www.madcitydigs.com
www.madcityhomesearch.com Please contact me if you or your friends have real estate needs. I always make time for personal referrals and I promise to provide them with excellent service!