If you have questions that are not answered here or on our website please call us at (561) 487-8299 or e-mail us at info@floridarebaterealty.com

Home Buyers FAQ's (including New Construction homes)

1. Where does all the CASH REBATE FRR offers come from?
When we act as your buyer agent on ANY MLS listed home, we are entitled to a commission from the seller which is usually 3% of the purchase price. We receive this commission at closing and rebate it in full to you less our service fee.

2. Aren’t real estate services for buyers FREE? What do commissions and rebates have to do with me - doesn't the seller pay the commissions?
There are no FREE rides. The commissions paid to the listing agent (the seller’s agent) and your buyer agent are built into the selling price. Which means YOU, the buyer, end up paying ALL the commissions without realizing it.

3. How do I know what, if any, rebate I will actually receive?
Your actual savings/rebate is really up to YOU. We put you in the driver’s seat. You decide on which services you require including the homes you want to see. Check out our home-buyer services and call us to arrange a meeting where we explain our system in detail and help you estimate your rebate.

4. Will there ever be a case where FRR's service fees will exceed the commission from the seller?
There is little to no chance for this scenario. However, depending on the price of the home you purchase, the commission offered by the seller and the services you choose, there may be no rebate available. We have several options/service plans and will help you choose the option/plan that is right for you.

5. Does FRR offer rebates on new construction home communities?
Yes, as long as the builder/developer cooperates with real estate brokers and offers a commission. In the vast majority of cases they do. Be sure to have us register you with the builder/developer before you go or we will not be able to claim our commission, which means we cannot offer you a rebate.

6. Do I need to visit the new construction home community and register with FRR?
Yes, this is a must. FRR needs to be present and register you in order to receive the commission and provide your rebate. If you have already made contact with the new home community, contact us, we’ll work with you to see if we can get the builder’s consent.

7. Can't I save money by going directly to the listing agent (the seller's agent), who lists the home for sale?
Not really, because the listing agent is hired by the seller and their loyalty is to the seller, Their job is to get the best price for the seller. When there’s no other agent involved, self interest and company policy dictate they keep the whole commission for themselves.

8. Why do I need a buyer agent to represent me?
The commissions are built into the price of the home you’re buying, so YOU the buyer end up paying the entire cost. The listing agent can’t or won’t offer any discounts to you because they work for the seller and themselves. So, since you’re paying for the service one way or another, why not hire a buyer agent to represent you and look out for your interests? Dealing directly with the seller’s agent is akin to asking the same attorney to represent both parties in a lawsuit. Instead of calling every agent in town to see each one of their listings, why not hire one agent to show you all the listings. Remember, with FRR we rebate our commission to you, saving you $-thousands.

9. Don't listing agents (the one advertising the home for sale) have EXCLUSIVE listings of homes which can be shown-and-sold ONLY by them alone?
No, all listing agents post their 'listings' on the MLS (Multiple Listing Service) to which ALL real estate agents in turn have immediate access. And in the greater majority of all home sales transactions, there are indeed TWO real estate agents involved: the seller's....AND the buyer's. Refer to the previous questions and answers to find out why it’s to your advantage to hire a buyer’s agent and in particular FRR to represent your interests.

10. Does it matter which buying agent I use, since all agents are the SAME and perform the SAME services the SAME way?
All buyer agents are NOT the same! Almost all agents work for commission. The higher the price of the home you buy, the more money they make. And the quicker you buy a home, the quicker they will get paid. Under our unique system we have taken the commission incentive out of the equation. We work for you as real estate consultants. With our system, when the price of the home you buy increases, so do your rebate savings, because the cost of our services changes little, if at all, with the price of the home you buy.

11. Why don't agents provide ALL the available home listings or show us homes we don't want to see?
There may be several answers to this question, ranging from company policy that requires or provides incentives for agents to show and sell company listings, to a lack of technology. Rest assured that once you decide to work with FRR, all available homes that meet YOUR criteria will be e-mailed to you automatically as soon as they become available. The only limits or filters are those that YOU choose.