In Orlando, Florida, new homes are springing up everywhere. The area is booming with newcomers, tourists, retirees, and even second homeowners who enjoy vacationing in Orlando every year. Even the number of people who are securing preconstruction condos and homes is on the rise. What does this mean for you? Plenty of opportunity! And with the Florida buyers rebate, you can now even receive cash back just for building a new home.
What is a New Home Rebate?
A new home rebate is issued to you when you build a new home construction. New homebuilders offer a standard commission of 3% to licensed Florida Realtors. As a buyer, you are protected by law so the builder doesn’t “up your price” to pay this commission. On the other hand, the price also remains the same even if you do not go through a broker. So, the builder pockets the commission. The builder is not allowed to pay this commission directly to you, but to a licensed Realtor only. When you do use a Realtor, the Realtor can in turn offer you a percentage of their commissions just for using their services.
One particular service being offered by a Realtor in Orlando, Florida right now is...