Cash Back in Real Estate

Real Estate Agent with Buscando Sua Vontade

I believe it is a new trend that is coming to stay.

If we do a search, almost in any city there is someone offering rebates or CASH BACK in their real estate transactions. Some are even offering 2% of the selling price as cash back just for using them as their buyers agents.

The question is not how many listing we have but how many buyers can we produce. In a bad economy the shift has been clear it is a buyers market and by what we are seeing it is going to take a good while to the pendulum go back.

When a prospective buyer call you to show them one of your listing, what do you have at hand that would make them choose you if they decide to look for another property from the competition?

We all say that is our expertise, or our good looking, or may be that chemical reaction that bond us at the first sight. I think buyers would like to have something more tangible.

So, tell me your stories. Do you think it is worth? Would it be a trend, or just desperation in the present times?

Comments (2)

Simon Mills
Mills Realty - Toluca Lake, CA

I was told that rebate are not allowed in North Carolina.  Is that not true? 

Jan 26, 2009 02:07 PM
John Wilkens
Full Service Insurance Agency - Bogota, NJ

I dont think that is allowed in NJ either? We'll have to look into it.

Jan 27, 2009 12:18 AM