Dallas Real Estate Rebate

VIP Realty of Dallas has once again set themselves apart from the masses of real estate companies in the Dallas market. They have done so via the "real estate rebate" program, which offers home buyers up to a 1.5% rebate on the purchase price of a home. Through using VIP as your exclusive buyer's agent you can see a nifty sum of cash back in your pocket after the sale to use on whatever strikes your fancy. Maybe some new appliances or landscaping? Or maybe just a relaxing vacation to enjoy after the stress of moving and unpacking, the choice is yours.

So why would we readily give up profit in this way? Easy. It makes us different, it sets VIP Realty apart from the others and shows that we are truly in this business to bring people and their dream homes together. This program involves you do the majority of the home searching, and 99 times out of 100 people already know the homes they want to see. So you doing the searching for your home saves us time and money which we then pass back to you in the form of a rebate. This is a program that applies to any home listed in Texas as well as new construction homes.

This rebate does not change the price of the home. The way the program works is thus: a typical real estate transaction involves a 6% commission that is shared by the listing and buyers agents. When you use VIP Realty as your exclusive buyer's agent and purchase a home, we don't keep all of the commission -By having us as your agent you are assured of great negotiating skills to get you the best price on your home, attention to detail to ensure your transaction is completed and handles correctly, plus up to a 1.5% Cash Rebate. we give you up to a 1.5% Cash Real Estate Rebate on your home purchase, depending on the home sales price.

Real Estate Rebates - Good News - Kentucky Changes Its Laws

In an effort to keep the home buying public up to date about receiving an un-advertised home buyer rebate the next time they buy, I have discovered that Kentucky now allows buyer rebates and incentives by agents under the following terms of Kentucky Real Estate Law:

Kentucky Real Estate Professional and the Law

NOTICE: On July 15, 2005, the Kentucky Real Estate Commission and the United States Department of Justice filed an Amended Final Judgment in federal district court. On July 13, 2005, the Commission filed emergency regulations. Because of this Amended Final Judgment and these emergency regulations, Kentucky real estate licensees may now offer any inducement or rebate, so long as it is disclosed in writing to the client or customer. Therefore, any portion of this book that references the inducement and rebate prohibitions found in the old versions of KRS 324.160(4)(m), 201 KAR 11:011, Section 1(5) and/or 201 KAR 11.121, Section 1(2) is now obsolete. Please refer to the Commission's website at www.krec.ky.gov for additional information on the Judgement and the new laws allowing inducements and rebates by Kentucky licensees. Please refer to the box at the top of this Legal Information Section for additional information on the Judgment and the new laws allowing inducements and rebates by Kentucky licensees.

Previously, I had mentioned in other articles that the states of AK, ID, IA, KS, KY, LA, MS, NJ, OK, OR, TN and WV had restrictive laws regarding incentives and rebates. As I further research these state laws, I have found things changing as the DOJ (Department of Justice) investigates and sues these states for their restrictive behavior regarding this subject.