Frequently Asked Questions About New Construction Home Rebates

What is a new construction home rebate?

A new construction home rebate is a cash back program in which a Realtor shares part of the buyer agent commission with you at closing. On this page, Barbara Cockrell of One Realty Corp. describes an exclusive rebate / discount program for buyers purchasing a new construction home in any community with any builder.

Does using a buyer's agent increase the price of a new construction home?

No. As explained on this page, builders include the buyer agent's commission in the price of every new construction home in Florida, so the use of an agent does not increase your costs — it is already included whether you use an agent or not.

Can the builder simply take the buyer agent commission off the price instead?

According to the page, the Fair Housing Act (FHA) makes it illegal for builders to release home buyers from paying the buyer agent commission or to change the terms of the sale in any way, which means they will not negotiate the buyer agent commission off the price of the home.

When is the rebate paid, and how can I use it?

The page states that the rebate is paid at closing for you to use however you see fit.

Does the rebate program apply to any builder or community?

Yes. The program described here is offered for a new construction home in ANY community with ANY builder. Barbara notes she has worked with essentially every major builder in Jacksonville, FL and surrounding cities.

How do I get started with the rebate program?

Call Barbara Cockrell, One Realty Corp. at (904) 210-5117 to take advantage of this internet only incentive, and read the related article Why do buyers overpay for new construction homes.

[spu-1265]