Duffy Realty Buyer Rebate
Why and How does our relationship work?
Our relationship with you and this rebate is based on our expertise as real estate Consultants and your ability to search and find properties that are currently on the market. Your part is easy. As you know, in today’s real estate market, everything that is listed on the multiple listing services is available to be seen on hundreds of duplicated websites. Independent surveys state that 98% of buyers search the Internet to find a home. Virtually no one surveyed said that their agent found them a home that they had not seen on the Internet or by driving around. If you are one of the 98% of the buyers out there doing their own work, we figure why not pay you for your efforts so that we can serve more people and focus on the contract and process as our expertise. We know that this process will not work for everyone and we will help you find the home as a high priority client if needed – we still know how to do that too.
Your rebate payout is based on the amount of properties we see with you:
| 1 to 3 properties | 50% |
| 4 properties | 45% |
| 5 properties | 40% |
| 6 properties | 35% |
| 7 properties | 30% |
| 8 properties | 25% |
| 9 properties | 20% |
| 10 properties or more | $ 500.00 |
Is this legal?
The real estate law in Georgia says that we can give a broker incentive to any buyer as long as the buyer is listed on the settlement statement as a principal. On a side note, the law also states that we cannot give a referral fee to a person that is not a real estate agent when they send a friend to us to use the rebate. But, with that said, please don’t forget that your referrals are greatly appreciated! We need more raging advocates and we will earn your respect, your future business and your friends.
- The Wallers
What you need to do next
(like right now – before you see any other properties)!
Immediately meet with a Duffy Buyer Consultant to become a Duffy client. Becoming a Duffy Realty client helps ensure that we will be free to represent you and your best interests and not those of the sellers. We will also be eligible to receive a commission that is paid by the seller of the home. We will do our best to allow you to see houses outside of the rebate, but we must schedule the showing for you with the seller and/or listing agent. Otherwise the listing agent may claim that they are entitled to the full commission.
Homes that you are serious about purchasing and have seen prior to becoming a client will need to be discussed with the listing agent by us to determine their rights to procure the whole commission. IT IS VERY IMPORTANT THAT WE BECOME ENGAGED IN AN AGENCY RELATIONSHIP IMMEDIATELY to protect our right to a commission, thus giving you the rebate.
What are each of our duties?
While under an Exclusive Buyer Agreement with Duffy Realty, our duties will include:
- Confidentiality
- Expert guidance and advice about the resale potential of the homes that you are interested in that we see with you
- Thorough contract negotiation
- Inspection negotiation
- Closing set-up, advice and review of settlement statement
While under an Exclusive Buyer Agreement with Duffy Realty, your duties will include:
- Advising others that you are represented by Duffy Realty as a client
- Searching and doing an exterior preview of homes that interest you
- Reasonable intent to purchase a property with good faith
A fee of .0012 of the sales price is deducted from the incentive given to the buyer. There is no time limit. You may take as long as you need to find your home. We will not write a contract without seeing the home first. Your incentive will be ready for you to pick-up or mail 5 business days after closing.
