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DEPARTMENT
OF JUSTICE SAYS BROKER REBATES GIVE CONSUMERS CHOICE AND ARE
PROTECTED BY ANTI TRUST LAWS!
Click Graphic to See Ruling
IRS in a Private Letter Ruling deems Cash Rebates as NOT
Income for Income Tax Purposes
Read IRS Letter on Rebate
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REBATE
FAQ
ARG has Texas' Best
Buyer Cash Rebates PERIOD! No one rebates more Cash back while
providing our level of Home Buyer Services.
Nearly
$1,000,000.00 in Client Savings Since 2004!!!
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Frequently Asked
Questions
Opening Note
Getting
Over the 3% Realtor Commission
How does your Rebate
work?
Can I just get the Builder to discount their New House by 3%
if I am not working with a Realtor®?
Will
every New Builder work with a Realtor®?
How can you
justify giving Rebates?
Why can I not get a 1.5% New Home Rebate on an Existing home
purchase?
How is the Rebate paid?
Who Gets a Rebate?
When is the Rebate paid?
Are
there any restrictions on my use of the Rebate money?
How about if I buy in other Texas locations. Will the Rebate
apply?
Full Representation - Limited Service Cash Rebates
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Opening Note -
ARG for unmatched Savings!
From day 1 ARG was
developed to
provide the public with the highest level of Real Estate
services for the lowest cost possible. And the only way
this combination can exist is when you have an overhead
that is likewise unmatched. For buyers you get expert
advice, help with negotiations and then receive half or
more of our Agent Commission paid to you at Closing! You don't have to use certain LENDERS, be the
first "10" clients in any given month or feel compelled
to act by a certain time or loose your financial
"reward" like with other area programs.
If you need to SELL your existing home first then ARG
shifts their Texas Best Buyer Cash Rebate towards
listing fee reductions allowing you to sell your home
through ARG at a huge discount! ARG's FlexFee is
designed to save you between 50% - 100% of the listing
commission typically paid to sell your home through MLS.
And if you are on ARG's New Home Builder Move up program ARG
will guarantee up front to sell your home for FREE by
waiving the ENTIRE 6%. ARG is the GOLD Standard for
Client Savings!
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EXAMPLE
OF FREE MOVE UP |
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Sell a $275K Home and
buy a New $350K Home and the Typical 6% Listing Fee
Commission of $16,500 charged to sell your home is
WAIVED by ARG! That means you SAVE $16,500 Selling
your Home. That means your "Net Proceeds" at Closing
will be $16,500 more allowing you to KEEP more of your
home's equity! |
In
nearly all cases ARG's Listing Discounts for our home
sellers actually represents a higher total client
savings when compared to our standard Cash Rebate,
making ARG even more valuable if you have a home to
sell. Please note
that ARG's listing discounts for home sellers are in lieu of
advertised buyer cash
rebates. Cash Rebates apply to BUYERS only. So whether you
need to sell first or are a buyer with no house to sell, ARG
will save you money and guarantee your savings in
writing!
With regards to Cash
Rebates for buyers, ARG NEVER DISCOUNTS its business
expenses BEFORE we determine your cash rebate amount.
This means 1.5% means 1.5%, 2% means 2%, etc.
We also
guarantee your rebate in writing and are a member of the
Dallas Better Business Bureau so you know we stand
behind our services and commitment to you! Simply CLICK
the BBB Logo to view our company report. Unlike others, ARG's BBB Logo is
interactive with the local BBB so you can be assured we
are who we say we are.
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GETTING
OVER THE 3% REALTOR COMMISSION
If
you can't get past the idea that a Realtor®
can save you money on your New Home purchase and help you NOT
make costly mistakes when you get to the contract table then
you need to read this section. It is not uncommon for a buyer to pay up to
$50K to $100K MORE than what the builder would have settled
for! Builders want PROFITS! Realtors want to get the best
deal for their clients. Smart Realtors know the market and
provide advice that can save you a bundle.
Your Realtor's®
Commission does 2 IMPORTANT THINGS for YOU.
1. Pays for and provides YOU with Buyer
Representation from an experienced professional THAT WILL
PROTECT YOUR FINANCIAL INTERESTS. Remember the
Builder's Sales Agent is an AGENT for the BUILDER. Who is YOUR
AGENT when you're ready to Contract? How do you know your
getting the lowest price or other concessions?? Have you seen
a MARKET ANALYSIS so you know the price you are about to PAY
is FAIR?
2. Gives the Builder a financially effective means to
MARKET their New Homes to the Public. Paying a Realtor can be
much cheaper that other forms of advertising which do not
guarantee sales.
In short 3%
fee is a minor marketing expense for the builder to
pay for the continual stream of home sales they realize
through Realtors®. Also
and even more importantly is the 3% is NEVER PAID until a HOME
IS SOLD unlike Radio, Newspaper and mass mail outs that have
to be PAID with the possibility of NO SALE and ADD Thousands
of dollars of cost burden to the HOME you want to PAY LESS
for! PLUS WITH ARG you get up to 66% of the commission paid
to your Realtor®!
When you consider the mistakes, financial and otherwise, you
could make without representation, it just makes sense to
use ARG's services.
Realtors®
in the DFW Market sell anywhere from 50% to 90% of all New
Homes that are SOLD! Without Realtor®
sales, there would be few builders to choose from and fewer
banks who would be willing to finance New Home constructions.
Without Realtors®,
finance and marketing charges would eat away from builders
profits and either drive them from business or drive up costs.
BACK
How does your Rebate work?
First you must be a Client of ARG to receive a Buyer Cash
Rebate. Advertised rebates and actual rebates may be different
depending on the extent and type of services provided. Reading about our
services and Rebate offers online does not entitle you to a
new home cash rebate if you are not an ARG Client.
Furthermore builders are not permitted by law to "kick back"
cash to new home buyers. Please contact ARG so we may review your specific needs and how our Realtor®
services can help you save. If you decide to use our
services we will email you a buyer agreement guaranteeing
your rebate and our services. The best way to get started is
by REGISTERING with us.
ARG's low low overhead
is how we can afford to provide such incredible client
rebates! This is what allows us to provide
Texas' best buyer cash rebates and move up programs. The old
way of doing Real Estate meant THOUSANDS of Dollars were
sent up the old Broker's Flagpole. This kept service costs
high for field agents because of all the other pockets that
had to be paid not to mention putting big names on
skyscrapers! ARG's method reduces the cost of Realtor®
services and puts this hard earned Money back in YOUR
pocket.
In
exchange for these generous cash rebates we simply ask that
our clients be prepared to do some of the initial legwork
themselves by previewing potential neighborhoods and homes
by driving to these locations for an outside look. Since the
internet has made it easy for the public to search for a
home from the comfort of their home computer, the Realtor is
no longer needed to provide listings. Many
times homes and neighborhoods can be eliminated or added to
the short list by home buyers from the initial impression a simply drive by
will provide. The time savings this provides us at ARG
enables us to provide the large cash rebates that we do.
When you add up the
savings you get from ARG, it is pretty impressive! When we
say "No One Beats Our Rebates!" or Services, we mean it!
STANDARD REBATE
AMOUNTS - Full Service
Buyer Clients get
HALF of our buyer agent
commission on New
Homes and 1% on existing homes listed in MLS
based upon a 3% buyer agent commission. If a HIGHER Buyer's
agent commission is offered, then you will receive HALF
of this Higher Amount (for example with Sanders, Huntington,
Highland Homes & Horizon Homes your Rebate is always
2.5%!) Your rebate amount
can also INCREASE further depending upon
the amount of
services you require from us (See
Limited Service Rebates below).
Rebates are based upon the Commission Sales Price of
the home you buy. ARG Clients through ARG's preferred lender
also receive competitive market interest rates plus Lender Paid Closing Costs equal
to 1% of your loan amount
for both new or existing homes and ARG can help you find the
lowest homeowners insurance rates in the DFW area.
Typical Rebates start at
$1500 and go over
$15,000 depending
on the sales price of the home you buy. Keep in mind that our CASH BACK REBATES
are in ADDITION to all seller/builder concessions or price reductions.
Use our convenient online New Home listings,
MLS and search all you want, but to get paid at closing you'll
need list McKinney Home Rebate, your McKinney area Real Estate
Partner!
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How can you
justify giving Rebates?
The
Rebate works when the persons seeking to purchase a new home
or pre-owned home is prepared to do some foot work for
themselves AND the Buyer's Agent is paid the standard 3%
Commission by the Seller or Builder. The online search tools
found on McKinney Home Rebate will allow you to gather
necessary information concerning both New and Pre-owned Real
Estate. By using these search tools to screen possible home
choices you reduce the typical Realtor®
workload associated with finding a client a home. This time
savings is passed on to you in the form of a cash rebate
savings.
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Why can I not get a 1.5% New Home Rebate on an Existing Home
Purchase?
Our responsibilities, work
and time requirements increases sharply when we represent you
in a purchase of an existing home and that is why we must
limit the Cash Rebate to 1% of our 3% Commission. We are
required to write the contract offer, enter negotiations, make
counter offers, write addendums, amendments, and protect your
financial position and interests in a time responsible manner.
That means faxing these documents to all affected parties for
signatures, insure timely performances of inspections,
re-inspections and be available to allow inspectors into your
new home as well as appraisers so as to give you all the time
needed to evaluate findings BEFORE your earnest money is at
jeopardy. As your agent I am often a 'go to" for your
Lender, Insurance Agent and Title Company when they need
urgent information to keep your Closing date on schedule.
Essentially we keep you on target for your expected closing
date while protecting your financial interests during the
transaction process.
I think you will agree that helping you through a problem
free purchase of an existing home is a job that needs to be
done right and that is why it is necessary for me to limit
cash rebates to 1% based upon a 3% Buyer Commission. If the
Commission is less than 3% then the rebate would be eliminated
at and below 2%.
In certain circumstances ARG
can Rebate up to 1.5%.
Please click here to see Full Representation - Limited
Service Rebates.
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Will
every New Builder work with a Realtor®?
The overwhelming majority of New Home Builders work with
Realtors®
or licensed Real Estate Agents and pay the standard marketing
or sales commission of 3%. In rare circumstances some small
builders may not work with Realtors®
and some builders require that the Real Estate Agent escort
their client on their 1st visit.
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Can I just get the Builder to discount their New House by 3%
if I am not working with a Realtor®?
Sure in some cases that may seem to work. But how
do you know you're actually getting 3% off? How do you know
what the real 'Market Value' should be on the house you want
to buy? Focusing on the 3% Realtor®
Commission could wind up costing you THOUSANDS of Dollars more. And
without Representation financial mistakes are often made.
Mistakes you won't know about until you try and sell.
A market savvy Realtor®
on the other hand could negotiate a 5% to 15% price
reduction on the same house based upon factors you may not be
aware of. Or suggest other home choice possibilities
that represent savings in the THOUSANDS. PLUS with McKinney
Home Rebate you get HALF of our 3% Commission!
Overpaying for your house in the North Texas Real Estate
Market is a sure way of LOSING MONEY when it comes time
to SELL or NOT being able to sell at all. TO SEE THE MONEY MCKINNEY
HOME REBATE (ARG) HAS SAVED OTHER CLIENTS -
CLICK HERE
Remember when you work with McKinney
Home Rebate, YOU are represented! Your agent's experience,
knowledge, and reputation represents strength and leverage
on your behalf. Having a Realtor®
sends a clear message to Home Builders that they must
compete for your business.
Remember Builders can not give cash
back to their home buyers after closing without breaking the
law.
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How is the Rebate paid?
The Rebate can be paid in cash via check or as
a Closing Cost Credit to reduce money you need to bring to
Closing.
If you choose a cash settlement please
beware that there may be tax tax consequences associated with
your rebate. If you need tax advice please consult with your
tax professional.
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Who
gets a Cash Rebate?
Buyers who do not have a home to sell are
eligible to receive a Cash Rebate. If you have a home to
sell and ARG is listing your home on a reduced fee
(FlexFee) Sell-Buy listing program then in exchange for
the listing discount ARG would retain their entire buyer
agent commission. Each contract is different and
dependent upon the actual buyer commission paid to ARG
there may be individual circumstances that allow a
listing discount plus a small cash rebate. Please
contact ARG for specific conditions that may apply for
you.
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When is the Rebate paid?
If the Rebate is used to offset Closing Costs
or the money you need to bring to the closing table, then the
rebate money is available to you at closing to reduce the
amount of your obligation.
If you elect to receive a cash payment you
will receive your check in 1 to 5 days after your closing.
If you bring a cancelled personal check to the Title Company,
they can wire the cash to your bank account as soon as your
Loan "Funds."
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Is there any restrictions on my use of the Rebate money?
You may use the cash for any legal purpose. To
buy Window Blinds, New Appliances or for any number of items a
typical home buyer may need.
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How about if I buy in other Texas locations. Will the Rebate
apply?
YES! Just as
long as you follow our simple guidelines we will be happy to
represent you. ARG is licensed throughout the State of Texas.
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Full Representation - Limited Service Cash Rebates.
NEW HOMES - You can receive larger
Cash Rebates of
66% (3% Maximum) of the Commission paid
by the New Home Builder. At 3% a $250,000 home means a Client
Cash Rebate of $7,500! This
ARG Rebate is
in addition to all Builder discounts and concessions
being offered!
Limited Service Rebates ONLY
apply when you do not have an existing home to sell first.
If you have a home to sell please refer to
ARG's Builder Move
up program. Limited Service rebates will not apply
after ARG begins working with you one on one in the field showing you area homes
for sale.
When ARG provides FULL client services exceptional Standard rebates would then apply,
i.e. Split on New Homes and 1% on existing homes listed in
MLS where a 3% Buyer Agent Commission is offered.
Limited Realtor Services means
we send you listing information, consult with you about
various Builders, answer questions you may have and provide
advice as needed and you do the legwork. We can help you
negotiate price with the Builder once you have narrowed your
selection down, help you obtain financing, find the lowest
cost home owners insurance and advise you throughout the
buying - inspection process. To receive your ARG
Rebate you must be a client of ARG and you must INFORM the builder
that you are being represented by ARG
at your 1st visit. If the Builder requires your Realtor to be present
call us and we will make arrangements to meet with you and the
Builder. Please
email or contact us,
ahead of visiting New Home Builders, for our Broker License
and Tax ID information that you will need to have to properly
register us with the Home Builders you visit.
EXISTING HOMES -
ARG will rebate up to 1.5% (Half of our Commission) on any MLS
listed existing home should you contract and buy any of the
first 5 homes ARG shows you otherwise the standard 1% rebate
would apply. |
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