I'm not 100% sure I know exactly what you're asking - are you looking for a Buyer Agent representative who will represent you as the Buyer in a new home transaction but will give you half of their commission the Builders listing agent in return?
The reason I ask is twofold: (a) If you are the buyer and are financing the purchase through a lender, ALL buyer commission "rebates" have to be disclosed to the lender, and have to be shown on the settlement statement - and if the lender will not allow the rebate to be shown on the closing statement, it CANNOT be paid to the buyer outside of the closing either. Lenders often permit certain percentages of the purchase price to be offered as incentives to buyers. Once they have met the defined percentage, a buyer is not permitted to receive further incentives in the transaction under the loan as approved. Buyers should be alerted up front that they will only receive such a rebate if the lender allows it. Because it will affect the lenderâ€™s calculation of loan-to-value ratio for buyersâ€™ loans, the lender may not permit the buyer to receive the rebate.
(b) a Buyers Agent is a professional (like a lawyer or a doctor) who gets paid for all the man-hours they put in representing your interests, meeting with you, attending inspections with you, and for all of their real estate expertise in all the various aspects of the negotiation - and as in almost all professional situations, you get what you pay for. Having someone work for you while they're paid half of what they would normally get paid is a dangerous way to set about buying the most important asset you will ever own.......I'm sure you'll find people who will do it, but is it a good decision on your part?
Plus, it is never a good idea to hire someone (especially in real estate!) based on how little pay they will accept - I strongly advise you to ask your friends, family or co-workers for their recommendations as to realtors they've worked with, and then sit down with a couple of them in their offices and literally interview them, to see how much expertise and experience they have with new home construction and with representing buyers (there are buyer agents who exclusively represent buyers, and agents who mostly list houses for sellers and don't have a lot of experience representing buyers.) THEN make your decision - since the buyers agent commission is paid by the seller, it doesn't come out of your pocket, and it would be much better to have someone representing you and willing to help you through the entire house building process without having to worry that they're only giving you half the assistance they would normally give because they're only getting paid half of what they would normally get!
Good luck with your new home purchase!
Valerie Mackey, REALTOR
KELLER WILLIAMS REALTY ELITE
Office: 610-670-5900, EXT. 7542