New Construction Rebate
Welcome to Partner ADDvantage, where EVERYBODY WINS™!
Business as usual? …not with Partner ADDvantage.
Who benefits from commissions,
fees or other profit generated by
a real estate transaction?
ADDvantage thought it was time to give the BUYERS in real estate a break. We do this by SHARING our commission with you, the BUYER!
Example of how the commission rebate is calculated:
Sales Price= $500,000
Commission being paid by builder to a buyer's agent= 3%
Total commission paid =$15,000 to buyer's agent (ADDvantage Real Estate Services)
Your share is 50% or $7,500! ($15,000 x 50% = $7,500)
I'm ready to secure my rebate! What do I do next?
BEGIN or call 1-866-232-9695
1) Select your community
-Tell us which community you would like to buy a home in (drop down) Use control to select more than one community –or- just started looking? »Search Communities
-If you do not find your community listed in our menu, click here to add it.
2) Register on our site
(Insert registration) With your information, we will contact the
community you have selected and register you and our company, ADDvantage Real
Estate Services. This protects your rebate by announcing in advance that you
are working with a licensed real estate brokerage firm. When you visit the
community, you will be pre-registered and your rebate will be secure.
3) Confirmation
We will send you confirmation via email letting you know that you
have been registered. Any other requirements of the builder will also be
explained. At this point, you are ready to visit the community. When you feel
you are ready to write an agreement/contract, contact us to start the process. We
will make sure that language in the agreement states that our commission will
be split with you. It may read something like:
The closing agent will receive a copy of the contract which
instructs Buyer Rebate to be disbursed directly to Buyer at closing.
Questions along the way? Feel free to contact our live agent support at 1-866-232-9695.
Does this sound like you?
You may need the help of a Real Estate Agent such as ADDvantage Real Estate Services. We also provide full-service agent support for just 2%. »More Info
Do I qualify to earn a 50% Rebate?
If you answer yes to ANY 2 of the following questions, Partner ADDvantage 50% rebate may be for you…
Yes, I qualify. Tell me what I need to do to secure my rebate. »GO (send to 3 steps)
Tips that might help you…
Tip #1 - Legal Note: Rebating commissions to buyers is legal in the state of Florida. However, if the necessary language (step #3 above) is not contained in the contract, NO COMMISSION WILL BE PAID to the Buyer side at all. Additionally, Florida real estate law dictates that the contract must clearly spell out all parties that are to receive a commission.
Tip #2 - ADDvantage Real Estate Services provides affiliated Title and Loan services. The advantage you gain by using our affiliated companies are as follows:
Title Services:
Our title policies are underwritten by The Lawyer's Title Fund whose policies are only available to buyers represented by an attorney. By using our affiliated Title Company, you gain the confidence that your title policy has been issued by an underwriter whose principles and practices meet the standards of attorneys who practice real estate. When you use a title company not affiliated with an attorney, that title company is strictly acting as a transactional agent and offers limited legal knowledge or representation. Because of this, omissions or other errors may occur resulting in potentially detrimental consequences.
Examples of detrimental consequences (based on actual client experiences):
1.) Seller agreed to do Termite Inspection before closing. Seller tells you by phone communication that report is “clear.” The report that is handed to you at closing- in the sea of other documents you are signing- reveals “evidence of subterranean termites.” The title agent fails to point this material fact out to you and you assume (naively) that because nothing is said, that the report is indeed clear and acknowledge by signing that you have accepted the report. A few months later when doing some renovations, you discover live subterranean termites and take out your inspection report. Low and behold, it says in black and white “evidence of subterranean termites.” Technically, this should have been pointed out to you at the closing by the title agent. However, this would be difficult to prove as it is based on your word against theirs. Additionally, a non-attorney-represented title company isn't professionally obligated to do anything but transact the basic closing process.
2.) Surveys: An attorney would vehemently recommend that a buyer obtain an updated or new property survey. Often is the case that cash buyers feel a survey is unnecessary because they perceive the property boundaries to be unambiguous. For example, a buyer purchased a waterfront piece of property with fencing on each side outlining approximately 60 feet of waterfront. This buyer assumed the 60 feet were his. Soon after the closing, the buyer applied for a permit to construct a dock (which required a survey). To the buyer's dismay, the survey indicated that what the buyer had thought was a 60 foot waterfront access was actually only a 40 foot access because unbeknownst to the current buyer, a previous owner had deeded over 20 feet to the neighbor. Unfortunately for the buyer, the property was worth substantially less at 40 feet of waterfront versus 60. Obviously, had he ordered a survey prior to the closing, he would have withdrawn or renegotiated the offer.
Loan Services
(ADD when get)
Tip #3 - ADDvantage Real Estate Services acts as your broker in this transaction. We offer you many free services to support you during contract negotiations and through closing. We are here to answer questions about the building process, draw schedules, walk-through, permits, development concerns, elements of the Sales Contract or Agreement to Purchase, closings and closing statements.