There are many new business models in the real estate business. There are companies offering home buyer rebates, others offering to list your home for a flat fee, some offering to do both, others yet offering some form of the previous options but only online and still others offering services at reduced commissions. There are options galore and most consumers are probably confused and wary of anything different. The Department of Justice (DOJ) created a web site titled, Competition and Real Estate which goes into much more detail than I can here and explains the many new business models and options available to consumers.

Traditional companies have made a point of labeling most of these alternatives “discount brokerage” and using the standard industry line of you get what you pay for and that they provide “professional” service and the list goes on. Their goal is to paint all alternatives to traditional real estate brokerage as inferior or sub-standard.

Some of these companies and the associations they are members of have gone even further, trying to limit competition in the real estate industry which has led the U.S. Department of Justice to bring lawsuits against these associations. Some states have enacted minimum service laws and outlawed home buyer rebates to stifle competition under the guise of protecting consumers.

I suggest and hope that everyone visits the DOJ web site to get the facts and become educated consumers of real estate services.

I hope you’ll also visit our web site to learn how we can save you money. Here at Florida Rebate Realty we offer clients the opportunity to save money by engaging us on a fee for service basis. We also offer modified commission programs as well. Either way the bottom line is that we save our clients money whether they are buying or selling a home. Buyers may be entitled to cash rebates of the commission we’re paid. Sellers are able to list and sell their home for far less than working under traditional commission arrangements.

Get the facts before you jump.

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