NOTE TO CONSUMERS: You should shop realtors and lenders for your best over all deal!
With that said, its almost comical to watch some so desperately try to keep uneducated consumers...uneducated.
...Everyone knows the world if flat and you'll sail right over a cliff!!
...That horseless carriage will never catch on!
...Send a man to the Moon, who ever heard of such a thing!
...If you like your Doctor and Health Plan, you can keep your Doctor and Health Plan....PERIOD!
The U.S. Dept. of Justice says consumers should know about this massive Equity Savings.
And it looks like a lot of Realtors offer this savings to consumers, just Google these 3 words in the center of the page: FLORIDA REALTOR REBATES click below to see 466,000 results:
FLORIDA REAL ESTATE COMMISSION Rule 61J2-10.028 (2) provides that: a licensee may share brokerage compensation with a party to a transaction (buyer or seller) as long as full disclosure is given to all interested parties.
Again, Mortgage Brokers and Realtors and their families DO NOT PAY/ FOREFIET 3% of property home Equity in Buyer's Agent Commission when buying real estate, so why shouldn't the consumer be able to have the same choice?
Its so Ironic to see consumers shop like crazy for weeks, scouring the internet, chasing every pop up rate ad online and put 20% down on a $375,000 purchase, all to save a .125% = a Tax Deductible $24.18 payment on a $300,000 loan, that they likely won't even have over 48 to 60 payments!
But then, those same consumers are lead and will lay down without even so much as a peep, allowing $11.250 of Tax Free Home Equity = approx. $15,000 of their pre tax gross income in real estate commissions to slip through their hands
Ask this question to anyone who says the Seller pays the realtor commission points: If a buyer negotiated their lowest price on a listed property, and then if the seller didn't have to pay the 6% real estate commission, and could lower the sales price another 6%, who then is actually paying the real estate commission?
Comments welcomed, but unlike the below, please keep it professional as the consumers can benefit from an informative debate.