1. The first step is to sign our NJ Home Buyer Rebate Agreement. New Jersey requires a signed agreement between the buyer and the broker guaranteeing the Rebate to the buyer. This can be cancelled any time.
2. You can search for open houses on Realtor.com, Zillow.com or Trulia.com. Always sign in using your agent's name and always disclose that you are working with NJ Real Estate Boutique. If you need to make an appointment to see the property, please contact us to schedule it.
3. All questions and emails should be directed to your agent. If you email the listing agent for questions about the property, she/he may be able to claim you as their client and we will not be able to give you the Rebate.
Get your Buyer Rebate here.
Let's say the total commission is 5% of the property's purchase price. The listing broker keeps 2.5% and NJ Real Estate Boutique receives 2.5%. NJ Real Estate Boutique then splits the 2.5% commission with the buyer. You receive a rebate of 1.25% and NJ Real Estate Boutique keeps 1.25%.
Consult a tax professional concerning any tax implications of receiving the buyer rebate in NJ. It is the purchaser's obligation to pay any applicable taxes.