Real Estate Cash Rebate - Astounding Profits
Besides, a number of people involved in the purchase have to be paid remuneration with the handling agent getting his or her share of the commission.
It should be kept in mind that these overheads are the only source of income for all the aforementioned individuals.
Yet, you cannot avoid them.
However, there is cause to cheer.
A unique cash back program in real estate buying and selling is now available to the client.
What with the availability of a large number of houses waiting to be purchased and sold, the realty market is experiencing a drastic economic plunge.
House prices have crashed to unimaginable levels.
Recession and redundancy have set in.
On the whole the realty market is experiencing a slump.
This is the appointed time to go in for the kill and buy that house which you have for long contemplating to buy.
Rock-bottom prices and a fabulous discount by way of a cash rebate ideally suit your budget.
The entire scenario is so competitive that Realtors' go out of their way to offer you the world on a platter of gold! The cash-back remuneration concept involves the customer getting back a percentage of the realty agent's proceeds.
This commission is based on the sale price.
Varying percentage levels from a meager one percent to an astounding fifty percent are offered as rebates during transaction closures.
A point to note well will be to ensure that this discount is paid just before closing the deal as it is not taxable.
Normally, closing discounts are given to you two or three days after closure.
This is taxable.
So, the client will have to mutually discuss this issue with the Realtor.
Affording incentive-laden cash rebates are considered legal in most US states.
However, at least, 11 other states do not approve this practice.
Then there are non-cash services rendered by the Realtor such as free inspection, moving, hardware pertaining to plumbing and electricity, gift coupons, etc.
Some real estate dealers even offer an on the spot discount once the agreement has been finalized.
A real estate cash rebate will be advantageous in more ways than one and the customer ought to take this offer in his or her stride and buy that dream house immediately.
No questions asked, just do it.