1% Buyer Rebate
1% rebates are offered to Cross Home Team clients that are purchasing a home located in the Greater Baltimore Metropolitan Area for use as a primary residence. Rebates for investors and buyers of homes outside the Greater Baltimore Metropolitan Area are determined on a case-by-case basis.
1% rebate offer is contingent on Cross Home Team receiving a buyer broker commission equal to 3% or greater of the gross sales price of the home. In the event that the amount being paid to the Cross Home Team is less than 3%, the rebate will be the amount that exceeds 2%. (For example, if the buyer broker commission is 2.5% then the rebate would be .5%).
Rebate to be calculated on the sales price of the home that is subject to real estate commissions. With new construction and certain other transactions the sales price on which real estate commissions are calculated is not always the gross sales price of the home.
Rebate must be taken in the form of a broker closing cost credit and must appear on the HUD-1 form at settlement. Rebate must be approved by the loan underwriter at the purchaser's mortgage lender and must be disclosed to the seller.
Rebate not to exceed 1% of the gross sales price of the home being purchased.
Any portion of the rebate that exceeds allowable lender closing cost credits will be treated as sales commission and retained by the Cross Home Team.
Additionally, the Cross Home Team client must have completed this questionnaire, plus be receiving emails through our Home Search Wizard to be eligible to recieve the rebate.
We are experienced buyer’s agents and we can help you find your new home, assist you in obtaining financing, and negotiate a sale that protects your best interests.
It is a great time to be a home buyer! Interest rates are low and there are many homes from which to choose. Plus now you can put cash back in your pocket when you buy - contact the Cross Home Team and let us start working for YOU today.
Please note: The above mentioned rebate is offered exclusively by the Cross Home Team. Different commission rates, fees and listing and marketing services may be offered by other RE/MAX Franchisees and sales associates serving this market area.
Maryland Real Estate Commissions stand regarding rebates.
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