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What’s the catch?
How can Payback Realty give me back up to one percent (1%)
of the purchase price when I buy a home through one of its agents?
Staff, management, and agents of Payback Realty are members of the National Association of REALTORS® (NAR). All REALTORS® profess that the best way to buy and sell real estate is by an exclusive listing through one of its members. REALTORS® participate in most home sales. Many brokers exist ranging from the large national companies, to regional and independent local brokers who are large stakeholders in the community.
REALTORS® cooperate with one another in most instances. Most traditional real estate brokers offer full service to customers and clients. While some Agents represent Sellers, others represent Buyers. Some brokerage attempt to be Dual Agents, that is represent both the Buyer and the Seller in a transaction. Nevertheless, in most REALTORS® transactions different brokers represent the Buyer and the Seller.
And the typical real estate fee earned by the typical real estate broker ranges from five to seven percent (5%-7%) of the sales price. Thus, the Agent/Broker who lists the property receives one half of the real estate commission in those cooperative transactions and the Agent/Broker who sells the property earns one half of the real estate commission.
If a Buyer looks carefully he/she/they will find many different, and successful real estate brokerage business models implemented over the last several years.
The speed and lowered cost of selling real estate and closing a transaction, however, due to information age appliances, increased level of specialized training, use of innovative management techniques, and old fashioned competition, enables companies like Payback Realty to keep transaction costs down. Payback Realty gives both buyers and sellers even earn further discounts, however, mainly by partnering with clients and customers. Agents at Payback Realty essentially will show you what it takes to buy a house and save money in comparison to other Agent/Brokers.
Payback Realty agents will help you get qualified to complete a real estate transaction.
Payback Realty agents will assist you in becoming realistic in identifying your real estate wants and needs.
Payback Realty agents will guide you in educating yourself so you make the right choices.
You also can learn how to inspect a home for purchase, to pre-screen homes to inspect, and to help the Payback Realty agent find the right house for you.
All we ask in return is an exclusive agency agreement, cooperation and communication with us during the process, and referrals once your real estate transaction completes to your satisfaction.
So, when you think about it, there is no catch!
For doing some of the work yourself you earn a discount. And for our loyal, dedicated and professional real estate services, we hope you will become a part of our real estate family. What we “lose” in paying you back for your motivation to work with us, we “gain” a family member who through referrals may utilize our services again and again.
It’s that simple
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