Buy Side Disclosures
The Owners.com Buyer Rebate is a cash rebate given by Owners.com to eligible buyers it represents in the purchase of a home. As further described below, the Owners.com Buyer Rebate is paid to the eligible buyer at closing either in the form of a credit on the settlement statement or by check. The Owners.com Buyer Rebate is calculated as a percentage of Owners.com’s Cooperating Broker Commission* and varies based on sales price. For properties with a purchase price less than $150,000.00, the Owners.com Buyer Rebate is 0% of the Cooperating Broker Commission. For properties with a purchase price between $150,000.00 and $199,999.99, the Owners.com Buyer Rebate is 20% of the Cooperating Broker Commission. For properties with a purchase price between $200,000.00 and $249,999.99, the Owners.com Buyer Rebate is 40% of the Cooperating Broker Commission. For properties with a purchase price equal to or greater than $250,000.00, the Owners.com Buyer Rebate is 50% of the Cooperating Broker Commission. *The Cooperating Broker Commission is the seller-paid commission due at closing to the broker who procures a buyer (in this instance, Owners.com).
Where Our Buyer Services Are Available: Owners.com offers buyer representation services in CA, FL, GA, IL, MA, OH, PA and TX. The Owners.com Buyer Rebate is available where (i) Owners.com represents the buyer in connection with the purchase of a property in one of these states, and (ii) Owners.com is not engaged as the listing broker (e.g. representing the seller) in the transaction.
Owners.com Buyer Rebate Program Details:
Sell Side Disclosures
Here’s Where Our Seller Services Are Available: All states, except CT, sell-side advisors providing services are real estate agents licensed in the applicable state.
The Savings as seller is based on an average commission of 3% less the Owners.com MLS Pro listing package cost of $695.
Here Is More Info On Our Seller Listing Packages: Our free For Sale By Owner (FSBO) package does not include real estate agent support. Our listing packages and details are available for purchase here: http://www.owners.com/for-sale-by-owner/sell