Home buyer rebates are a legal way for Florida homebuyers to receive a portion of their real estate broker’s commission back on an eligible home purchase. Instead of the brokerage retaining the entire commission, a portion can be returned to the buyer, subject to the terms of the transaction and applicable requirements.
Depending on the transaction, your rebate may be applied toward eligible closing costs, used toward an approved mortgage rate buydown, or provided through another permitted method at closing. And in most transactions, your buyer rebate is likely available in addition to incentives offered by the builder, seller, or lender.
Florida Home Savings was created around a simple idea: provide buyers with full-service real estate representation while helping them keep more of the money already built into the transaction. On eligible new construction purchases, Florida Home Savings offers buyers a rebate of up to 1.5% of the home’s purchase price.
And receiving a rebate does not mean giving up professional buyer representation.When you work with Daniel Shapiro with REAL Broker, LLC, you receive buyer representation throughout your new construction purchase, including assistance with:
• Builder and community comparisons
• Available builder incentives
• Pricing and negotiation opportunities
• Contract and purchase terms
• Financing and incentive comparisons
The difference is simple: on an eligible transaction, you can receive up to 1.5% of your purchase price back.
A buyer rebate and builder incentives are not necessarily an either/or decision.
Depending on the builder and transaction, you will likely be able to receive available builder incentives, lender incentives, closing-cost contributions, rate-buydown offers, or other promotions while also receiving your Florida Home Savings buyer rebate.
The goal is to evaluate the total financial package rather than focusing on any single incentive.
One Important Step: Contact Me Before Visiting the Builder
If you're considering new construction, contact Daniel Shapiro before visiting the builder's sales office or model home.
Builders have their own rules for registering and recognizing a buyer's real estate agent. Identifying Daniel Shapiro with REAL Broker, LLC as your Realtor before or during your initial builder visit, as required by the builder, can be important to establishing representation and determining rebate eligibility.
It only takes a few minutes to get started—and on a qualifying purchase, those few minutes could potentially mean thousands of dollars back at closing.
You shouldn't have to choose between professional representation and meaningful savings.
With Florida Home Savings, the objective is to provide both:
Full-service buyer representation + up to 1.5% back on eligible new construction purchases.
Whether you're buying in Sarasota, Lakewood Ranch, Tampa, Orlando, Naples, Jacksonville, or another Florida market, contact us before your first builder visit to find out how much you may be eligible to receive.
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