DROdio Home Buyer's Rebate Program
Take control of your home search
And put money in your pocket for doing it!
If you want to do your initial home searching online, why not pair up with a local, expert Realtor who will give you the tools you need to start your search? Once you've narrowed it down, the Realtor steps in to help.
Our Realtors provide expert guidance and a "full service" experience. The Realtor also shares his commission with you - money that you would be leaving on the table without us. Are you ready to take control of your home search?
How RebateReps Works
- Step 1: We Connect You To A Local RebateReps Realtor
Submit an inquiry above, or call us at 1.800.705.2782, and we'll connect you to a local Realtor in our RebateReps network. With 525+ Realtors in our network, we surely have someone close to you.- Step 2: Your RebateReps Agent Empowers You In Your Home Search
Your RebateReps agent will give you the tools you need to take control of your home search, including web-based property searches and property email alerts so you can drive by the homes that interest you! You'll be able to take your time and search on your pace. Your RebateReps agent will be just a phone call or email away when you have questions. - Step 3: Your Agent Steps In To Help, When You're Ready
Once you've narrowed your search down to certain regions, neighborhoods, or even specific homes, you can ask your RebateReps agent to step in to further narrow your search, help you choose between properties, open homes up for you, and negotiate the purchase contract. The RebateReps agent will be a full service agent from this point on, ensuring you avoid the pitfalls that can cost you thousands of dollars, while negotiating the best possible price. - Step 4: At closing, you get a cash rebate
Since you did the majority of the time-consuming home searching early on, your RebateReps agent will be happy to share his commission with you at closing. After all, you earned it! The agent will give you a percentage of their commission, based on the price of the home, meaning on a $200,000 home you could get up to a $2,000 rebate, and on an $800,000 home, you could get up to a $8,000 rebate, etc. Not a bad reward for doing the initial legwork!- Step 5: Relax and enjoy your new home!
Give yourself a pat on the back for finding a way to buy a home while putting money in your pocket! Then, please tell all your friends & colleagues about the Rebate Reps program on DROdio.com.
Frequently Asked Questions
- My agent said it was illegal to offer rebates. Is this true?
- How can your Realtors afford to share their commission?
- I already registered with a new homebuilder. Can I still get a rebate through one of your real estate agents?
- How can RebateReps agents afford to give rebates?
- Why don't all Realtors offer rebates?
- My real estate agent said, "You get what you pay for." Will you provide me with the same level of service as a traditional agent?
- Where are you located?
- Would I be getting 'real' cash at closing?
- How do you define 'new home' and 'resale / existing home'?
- Will I have to pay more money for a real estate agent to represent me when buying a home?
- I see that you are located in Virginia, but I'm in Texas. Can I still use RebateReps?
- If the seller pays you a 3% commission, and you pay part of that back to the buyer as a rebate, then what if the seller is offering less than 3%?
- Is your firm directly affiliated with homebuilders like Pulte or Toll Brothers?
- What's the difference between a pre-approval letter and a pre-qualification letter?
- What is a HUD-1 Statement?
- Does the rebate have to be listed on the HUD-1 statement, or can it be given after closing?
- How do you make money?
- How is this all free to me as a buyer?
- I still don't get it - do I really not have to pay to use you?
- My real estate agent said, "You get what you pay for". Will you provide me with the same level of service as a traditional agent?
- Where are you located?
- Would I be getting 'real' cash at closing?
- Do I have to use a certain lender if I use you?
- Are there any states where rebates aren't legal?
- Does a rebate have to be disclosed to the seller?
- Are rebates taxable to me as the buyer?
