| Buyer's Advantage |
| We are pleased to share a portion of our commissions with you when
we represent you as the buyer Realtor®.With this extra money, you can remodel part of your new home, pay moving expenses, take a trip, put aside some money for your
childrens education or save for your retirement. You work hard for your money. We would like to help you keep it.
If you are interested in buying a house or any other type of property and would like cash back, contact us by clicking here: CASHBACK
|
Frequently Asked Questions:
This seems too good to be true. What's going on here?
For Buyers: The math is simple - most Realtors® keep all of the commission the seller pays them, but we don't. Instead, we give up to 1% to you. So when you buy a house, the seller (or builder) pays us a commission and we're simply giving some of that $$$ back to you. There is never any charge to you as the buyer.
How can you afford to give rebates?
We have created our whole business model around giving back to our clients. Giving the best Service while saving and making our clients money.
We use technology to be more efficient than other Realtors®. We are simply willing to make less money on every transaction because we know it leads to a greater number of clients. When we give you a rebate, we are basically giving you back part of our commission... commission which the SELLER pays a Realtor®. If you are buying a home, you never pay a commission. In fact, you pay the same price whether you have a Realtor or not, so why not get many thousands of dollars back?
How do I ensure I receive the rebate?
Before looking at pre-existing homes, call us and we will make sure that you have a stack of our cards so that you let people know who you are working with. We will also set you up with automatic email alerts so that you are the first to know when new homes come on to the market. This gives you the power to drive around areas and see the exteriors of houses at your leisure.
If you go into open houses, make sure that you tell them you’re working with a Realtor® to avoid any confusion should you choose to move forward with the house. When you have narrowed down your selection, we work with you with your best interest in mind. We will show you the interiors and then when you have further narrowed down your selection, we will run house comparables which will assist you in knowing what similar homes in the area have recently sold for. This way you make a smart offer. This can save you both time and more money.
We are real estate professionals. Our expertise at negotiating and state compliant paperwork will guide you thru a tedious and sometimes confusing paperwork and process. We never push you into a home you do not want, but when you have selected a home, we do what it takes to get you the home. It may mean making the offer at 10 pm, so that you get your offer in before the competition. We are serious about meeting your objectives. Your Success is Our Success.
Is it not illegal to give rebates? My Realtor said it was.
Your Realtor is wrong! Giving rebates is very legal - in fact, it would be illegal not to be able to give a rebate. That's called price fixing. Here is the Michigan legal precedent.
Why don't other Realtors give rebates?
Most Realtors can't afford to give rebates, for a number of reasons. Usually the Realtor® has to give up to half of his or her commission to the head office, so instead of paying you a rebate, s/he is paying the office to keep the building standing. Other Realtors simply don't like the idea of rebates because they threaten the traditional Realtor's® way of life. Lastly, few Realtors® are using technology to effectively service clients while reducing costs.
How much will the rebate be?
If the seller/builder offers 3% to the buying agent and the value of the house is greater than $100,000, you receive 1% back. On a $350,000, this would be $3,500. Our goal is to give you 1% back, but we can only share with you a portion of what we get. If the buying commission we receive form the seller/builder is lower than 3%, please ask your Added Value Realtor® to give your exact rebate total. Our goal is to give the best service while saving and making our clients money.
My Realtor said, "you get what you pay for". Will you provide me with the same level of service as he will?
Not only will we provide you with the same level of service, but we'll provide you with a better level of service, and here's how:
We combine the full service with the benefits of the newest technology. Unlike old school Realtors®, we pro-actively use technology for your advance. Unlike new internet Realtors®, we still give superior support throughout the most important purchase of your life. We do not leave you stranded.
You receive professional support. Our agents will attend all the important steps with you, and look after your interests, while using technology to be more efficient. All of this allows us to give you a rebate instead of paying for the inefficiency of normal firms. And we're always available by cell phone and email.
I don't want to use a Realtor® because I don't want to pay more to buy a home. Can’t I get a better deal on my own.
That's just it - you will NOT pay more to buy a home if you have us as your Realtor®. You pay the same price either way.
Here's how it works:
Resale homes: A Realtor® charges the seller 5-7% of the price of the home to list it. If a buyer shows up with a Realtor®, then both agents split the commission. However, if you show up and buy with no Realtor® the listing agent just keeps the whole commission%. The listing agent won't give you a discount. If you use Added Value Realty, however, we will give part of our commission back to you.
New homes: The builder is charging a certain price for a home. If you buy with a Realtor® at your side, the builder will pay the Realtor® a commission (part of which we would give back to you). However, if you buy that same home with no Realtor, the builder will still charge you full price and will not give you any discounts. By law, the builder can only pay a commission to a licensed Realtor®
How is this all free to me as a buyer?
The seller always pays the commission. As a buyer you are never charged for real estate services by the Realtor. Here's why you pay the same price for a home whether or not you use a Realtor: The seller usually has already agreed to pay the listing agent a fixed commission - say 6%. So whether you buy the house by yourself or with a Realtor, the listing agent gets a 6% commission. Therefore, in most cases you cannot approach the seller for a discount, since the seller is paying 6% no matter what - either 6% to the listing agent, or a split of 3% to the listing agent and 3% to your agent. (Remember, this is where we come in: we give you part of our 3% in the form of a rebate).
For Sellers: We offer a discounted listing fee (i.e., we charge less than most other Realtors do).
How do you make money?
We keep a smaller percentage of the commission than most Realtors. New homes: The builder is charging a certain price for a home. If you buy with a Realtor® at your side, the builder will pay the Realtor® a commission (part of which we would give back to you). However, if you buy that same home with no Realtor, the builder will still charge you full price and will not give you any discounts. By law, the builder can only pay a commission to a licensed Realtor®. do, but we're happy to do this because we feel that you deserve a rebate if you are able to use technology to perform some of the buying & selling process (like the initial stage of househunting) on your own.
I already walked in to a new home builder and registered with them. Can I still add you as my Realtor?
The short answer is, you may have just made a costly mistake. Then again, you may still be able to get the rebate. Here's why: A builder allows you to add a Realtor when you show up with that Realtor on your first visit. If you've already visited the builder, they have no reason to compensate a Realtor, since you're already a potential client. However, sometimes a builder will allow you to add a Realtor after the fact. Your first step (even before you contact us) should be to call the builder ASAP and ask them if you can add us as your Realtor. And cross your fingers, because if the builder doen't allow you to add us as your Realtor, then you have to either a) buy that home without the 1% rebate (ouch!) or b) pick another builder.
BUYER REBATE
| Price of House
|
Added Value Realty Cash to Buyer**
|
No Buyer Commissions
|
| $100,000
|
$1,000
|
$0
|
| $200,000
|
$2,000
|
$0
|
| $300,000
|
$3,000
|
$0
|
| $400,000
|
$4,000
|
$0
|
| $500,000
|
$5,000
|
$0
|
| $600,000
|
$6,000
|
$0
|
| $700,000
|
$7,000
|
$0
|
| $800,000
|
$8,000
|
$0
|
| $900,000
|
$9,000
|
$0
|
| $1,000,000
|
$10,000
|
$0
|
| $1,100,000
|
$11,000
|
$0
|
| $1,200,000
|
$12,000
|
$0
|
| $1,300,000
|
$13,000
|
$0
|
| $1,400,000
|
$14,000
|
$0
|
| $1,500,000
|
$15,000
|
$0
|
** Added Value Realty is pleased to announce the CashBack program. We
share our buyers' commission (paid by the seller) with the buyer when we act
as the buying agent.
The percent of cash is determined by the seller's pre-designated commission structure
and the saleprice of the property.
If the buying agent commission is 3% and the sale price of the property is
over $100,000, a check for 1% of the sales price
will be given to the buyer. If the buying agent commission is lower than 3%
or the property's sale price is less than $100,000,
the cashback rebate amount will be determined on an individual basis
prior to purchase offer negotiations.
When Added Value Realty acts as your buying Realtor®,
the buyer
benefits extend beyond the cash rebate.
Additional Added Value Realty assistance includes:
- * Comparable Market Analysis-We help have the facts so you can make a smart offer
- * Compliance with state laws - We use all state complient paperwork
- * Focus on buyer's best interest in negotiations and paperwork - our experience works for you
- * Home Warranty Information
| .................
|
CASHBACK Receive up to 1% cash
rebate when we represent you as the buying agent**
|
.......
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Be the first to know when properties come to the market.
Click Here: Property Alert
|
If you are interested in buying a house or any other type property and would like
cash back, contact us by clicking here: CASHBACK