Home Buying in West Haven>Question Details

Ata Mufti, Home Buyer in West Haven, CT

Discount broker and Cash Back

Asked by Ata Mufti, West Haven, CT Fri Aug 8, 2008

I am looking for a buyer agent who offers cash back rebate. I will look for a house by my self

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I was pretty sure it was not legal in CT. If it was, I'de welcome the offer ..
0 votes Comment Flag Tue Feb 24, 2009
You'll need to place any and all agreements that you may make in the process of purchasing your home in writing. This buyer rebate business is more "in vogue" on the West Coast and some local attorneys don't even quite know how to account for it on your HUD1 Settlement Statement. Be careful and consider interviewing multiple agents, asking each how they feel about your specific request. Are you concerned that noone will truly negotiate on your behalf, OR have you worked with an agent in the past who "dropped the ball" or was too timid to stand up on your behalf? Something has happened.... Joe Fasone 203-772-5712
0 votes Comment Flag Mon Sep 1, 2008
As a matter of fact, I have just joined a company that offer a cash rebate after closing. You can also take it at closing to offset your closing costs. The company is ZIP Realty. Just go to http://www.ziprealty.com and at the top of the page click find a realtor. Than enter my name, Joanna Martin. You can then go in and serach through MLS listings. Zip is a full service company. I will arrange for showings and act as your buyer/broker throughout the transaction. You will receive 20% of the buyer/agent commission upon closing with us. If you have any questions, please give me a call at 203-915-4754 or email me at joannamartin@snet.net.
0 votes Comment Flag Sat Aug 9, 2008
Ata, I'm not in your area, so can't help, but you don't have to look by yourself to get a rebate. If they're legal in your state google real estate rebates, and you should pick up some companies that offer rebates, with agents willing to assist in locating properties for you. Good luck!
http://www.usdoj.gov/atr/public/real_estate/index.htm
Web Reference: http://optionsrealty.com
0 votes Comment Flag Fri Aug 8, 2008
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