New Home FREE Rebate Program
How much cash back will you receive? Up to 1% of purchase price.
Don't make the mistake of visiting a new home builder's office without a Realtor® because it could cost you thousands of dollars!
Savvy new home buyers get more for less
Where it works!
New Homes. The New Homes Outlet commission rebate program is available for the following new home builders:
you looking to purchase a new home, condominium or townhouse? Let
NewHomesinYourTown.com assist you in finding your dream home and give
you a home buyer rebate from your buyer agency.
Sign up today. This amazing offer applies to all participating New Home
Builder Communities offering a buyer agent commission.
Home buyer should consult a tax professional concerning the implications of receiving the rebate. Real estate commissions are negotiable and not fixed by law. Eligibility for rebate requires a signed Buyers Agency Agreement provided by us VRI Homes or an affiliated broker at initial contact spelling out the terms of the rebate and the agency relationship to the property buyer. All parties involved must be notified about the rebate. Lender guidelines may be affected by receipt of a rebate so discuss with your mortgage representative. This offer subject to change without notice.NJ Buyer Rebate Form
CHECK YOUR ELIGIBILITY NOWSimply fill out the form below and we will send you the buyer rebate coupon immediately by e-mail. As always, you can contact one of real estate professionals directly toll-free at (800-206-4360).
The IRS has provided an opinion on this subject, and determined that real estate rebates are not taxable. You can read more about the IRS position on the matter at this link and this link. Since the rebate is not taxable, a 1099 will not be issued to you. link
IMPORTANT: New Jersey Real Estate Commission rules REQUIRE there be a written agreement with the buyer at the onset of the relationship. Otherwise no rebate may be issued. So you must sign up for this initially or it will not apply. The rebate will be paid as a “credit” to the buyer at closing or a check from the closing agent, thereby reducing our portion of the Broker commission.
This page does not create an agreement between the parties, that can only be accomplished through a written signed agreement. This is for NJ Buyer Rebates on Real Estate Commissions. The "ACT" permitting this practice was signed into law on January 17th 2010 including Rebates on Real Estate Commissions. As the Act is new, changes to our plan may need to be implemented to conform as requirements are clarified. Any aspect of our Buyers Rebate program which does not meet applicable rules, will be changed or modified. We will not be liable to perform any act which does not now or in the future meet all requirements of NJ Law, NJ Real Estate Commission Rules, or Federal Law. In New Jersey all commissions are negotiable. No valid on existing customers since the law requires the agreement be signed at the onset of the relationship.