Because they have come to the realization that they (the New Home Buyer) and they alone, have to do most of the work and decision making when shopping for a New Construction Home. So they search for a cash back Realtor in San Antonio.
Here are 8 of some of the most frequent answers that the New Construction Home Buyer will hear from Texas Real Estate Agents that WILL NOT give new home builder rebates in San Antonio!
1.) "Commission kickbacks are not legal in Texas!"
2.) "My Broker's office policy does not allow New Home Rebates."
3.) Not just a few Brokers have replied:"We do not allow commission rebates in this office...
the Texas Real Estate Commission and Federal RESPA Rules prohibit giving
cash back to Clients after closing."
4.) "If you are financing your purchase then giving cash back to the borrower is bank fraud.
Both my Broker and I could go to jail!"
5.) "I am a licensed professional with many years of experience and work very hard to represent you
and give you the best service possible. Are you asking for a lower standard of service?"
6.) "If you were going to a Doctor for brain surgery, would you be looking for the surgeon that
simply gives the lowest price or would you be looking for the best professional in his field?"
7.) "I am a licensed professional with years of training, education and experience... I am worth every
penny of the compensation that the Builder is paying. I know these Builders and I will negotiate hard
to get you the best price possible. Also, most Builders appreciate the hard work that real estate
agents perform throughout the new home building process and keep it smooth and streamlined.
That is why the Builder pays my commission!"
8.) "So... I can pay you a small Rebate but it has to be approved by my Broker and the Lender. The
Rebate would have to be disclosed on the Closing Statement and it has to be disclosed to all
parties to the transaction. Any Rebate can only be applied as a Closing Cost Contribution that the
Lender will limit and also has to approve. No cash can be paid directly to you at closing...
that would be illegal. I will also have to issue you an IRS 1099 for the Rebate amount."
1.) Giving Realtor Rebates in Texas has been Stuart's business model for more than 18 years
and it still works for him.
2.) New Home Rebates in San Antonio are good for the consumer.
3.) Buying a new construction home IS REALLY HARD WORK and Stuart DOES NOT
do most of the work!
4.) As a San Antonio Rebate Realtor, Stuart makes a fair wage for his time...that is good enough for him.
5.) New Home Rebates in Texas also work as the easiest-to-qualify First Time Home Buyer Grant.
You don't have to be a 1st time home buyer either!
6.) Stuart's Broker is not a "Gate Keeper" dinosaur of the RE Industry that charges large transaction
fees, desk fees, advertising fees and more fees on top of other fees and therefore does
not impede Stuart's business model.
7.) Generally, Stuart's Clients are savvy consumers and have a good grasp of what they are
trying to achieve and that makes his job a little bit easier.
8.) Giving "kickbacks" is generally something associated with corrupt and/or criminal activity.
A San Antonio Realtor Rebate is simply "reducing the cost of Stuart's professional services".
In today's new home market a new home is difficult to find for less than $280K. If the Builder is paying Stuart a 3% compensation at $280,000... you, the New Home buyer will receive $7,056 as your Rebate. Stuart will also give you $200. extra to help pay for your own third party inspector. Could that improve your possibilities of buying a new home in San Antonio or anywhere in Texas? Take advantage of Stuart's Realtor Rebates in San Antonio. Be one of Stuart's savvy New Home Buyers!
Transparency is not a problem with Stuart's New Home Rebates in Texas.
The special provisions box in paragraph 17 of the TAR-1501 Buyer Rep reads:
"Broker will rebate back to Client 84% of all cash commissions paid by
Seller and/or Seller's Agent to Broker at closing. Broker shall not seek any fees or commissions
from Client under any circumstances. Add $200 if Client hires TREC Inspector for 3 Phase
Inspection. Rebate to be paid within 72 hours AFTER Stuart Scholer RECEIVES ACTUAL FUNDS."
Stuart B. Scholer is a Licensed Agent of: 5th Stream Realty, LLC
7941 Katy Freeway # 787
Houston, Texas 77024
Broker Phone: 214-868-0707
Broker License # 9005999
Stuart’s License # 498891
Stuart’s Cell: 832-372-0434
E:mail: Stuart.Scholer@Gmail.com
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