Realtor Refusing to give Commision Rebate

[JohnA151]

Originally Posted by nsumner

Not totally accurate. Most builders in DFW pay Realtors from a marketing budget. Having a Realtor represent you or not would not affect the price they sell you the home.

I still think that the Realtor should earn their commission by doing the work a good agent does by getting the buyer the best possible deal.

Naima

when i bought a new home years ago i asked for the realtors discount and got it but every situation is differant

[nsumner]

Originally Posted by JohnA151

when i bought a new home years ago i asked for the realtors discount and got it but every situation is differant

I believe you and there are very very few builders, mostly custom, that would still do it. I used to sell new homes for a builder and there are soooo many ways to make a buyer feel like they are getting the best deal on earth.

Naima

[EDS_]

Originally Posted by HockDad

I would tell the agent that you intend to close on the loan, but that you are providing written instructions to the title company not to fund any commissions until this matter is resolved. If the real estate agent was silly enough to put in writing that he promised you one rebate, but then found out his commission was lower than expected, thus he is cutting your rebate, he is toast. Having that email is a smoking gun.

Genius.

[roseball123]

I use a realtor who does a lot of business in the area you are interested in and/or with the builders you are interested in. You will get a lot more than the % rebate you would get with some realtor who does not specialize in that area. If the specialized realtor is giving you a cash-back, then consider it a bonus....My 2 cents....