Rebate Are Legal

Rebate Are Legal

YES!REBATES ARE 100% LEGAL IN Maryland

Badges-hbrAbsolutely!Rebates are legal in Maryland and in many other states across theU.S. Many people inaccurately assume that there is a “catch” orthat they will get in trouble, or other things associated withrebates. This is totally NOT TRUE! Per the Department of Justice,rebates are 100% legal in the state of Maryland!

Ifyou still aren’t a believer, click on this link straight from theU.S. Department of Justice Website and learn what the governmentthinks about Realtors sharing their commission with buyers…theythink it’s good for the economy and should be allowed in allstates! Check out Departmentof Justice Website.

BELOWIS AN EXCERPT DIRECTLY FROM THE DEPARTMENT OF JUSTICE WEBSITE

Rebatesand Inducements

Somereal estate brokers have increasingly begun to compete for customersby offering cash rebates or other inducements to home buyers andsellers. Rebates that go directly to buyers or sellers lower costs onboth sides of the transaction. Cash rebates are usually calculated assome fraction of the broker’s commission and can result inthousands of dollars being returned to the consumer.

REBATESMAKE BUYING A HOME LESS EXPENSIVE

THATTRADITIONAL REALTORS DON’T WANT YOU TO KNOW….


Talkingabout lowering or sharing commissions in the real estate industry isa rather taboo topic. The industry standard allows both the buyer’sand seller’s real estate agent to accept 3% commission on the saleor purchase of a new home. Although sharing the commission with abuyer or seller is perfectly legal in the state of Maryland, mostreal estate brokers would rather not. Why? It’s obvious, they wantto keep the full 3% for themselves and that’s fine, except that inmany cases, the more educated homebuyer has already done most of thelegwork and has already identified areas, neighborhoods, builders andsometimes have even zeroed in on homes of interest. All of this hardwork on the buyer’s part makes my job very easy. Once we find theright home, I negotiate with the seller, or builder review contractsand advise throughout the process. Because my buyers have done somuch of the work already, I’m able to in turn, share my commissionwith my buyers. I honestly feel that they deserve it

Contact Beth to get your rebate.   rebatebeth@gmail.com


Beth Buss Headshot
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Phone: 401-336-6191
Dated: June 15th 2017
Views: 56
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