Tuesday, 05 May 2009
How can you get money back when purchasing a home in Carmel, Fishers, Westfield or Noblesville by using Jim Cadwalader with HowToBuyAHome.com and a 50% Commission Rebate as your Realtor?
It is very simple; the first $100,000 of the purchase price has a commission rebate of 25% and anything after that has a straight 50% commission rebate. For example, if you purchase a $400,000 home and the commission paid to the Realtor is 3.5% of the purchase price you would receive a rebate of $6,125. Let me show you how.
First $100,000 x 3.5% = $3,500 (Commission)
$3,500 x 25% = $875 (commission rebate to Buyer on 1st $100,000)
After the 1st $100,000
$300,000 (Remainder of the purchase price) x 3.5% = $10,500 (Commission)
$10,500 x 50% = $5,250 (Commission rebate on remaining $300,000)
Total rebate on $400,000 home with a 3.5% Commission:
$875 = $5,250 = $6,125.
In this Real Estate market you need to keep an eye on every penny while at the same time making sure you receive the services of an experienced Realtor throughout every step of the of the buying process. If you think this kind money should be in your pocket instead of someone else’s, give Jim Cadwalader a call.