 | | | | | | | |
 |  |  |  |  |  |  | |
- What is You Save Real Estate®?
- Why should I use You Save Real Estate®?
- Which real estate brokerages does You Save Real Estate® work with?
- How do I contact You Save Real Estate®?
- Who can use You Save Real Estate®?
- Can I use your service if a friend has given me the name of an Realtor® in my area?
- A friend is a Realtor® and I’d like to use their services. Can You Save Real Estate® obtain a commission rebate for me?
- Can I earn a real estate rebate if I’m currently using a real estate agent?
- Can I use your service to buy a new construction home?
- Can I receive a commission rebate if I use FHA or VA financing?
- Which states allow the commission rebate program?
- What if I don’t like the Realtor® you’ve matched me with?
- Won’t I pay more for a home if I use You Save Real Estate® to earn a commission rebate?
- What if I start working with You Save Real Estate® and later decide that I want to work with a Realtor® outside of your network?
- How does You Save Real Estate® make money?
- How much money will I receive?
- How and when do I get paid?
What is You Save Real Estate®?
You Save Real Estate® is an online service for consumers who want to find a top quality Realtor® and save money. All Realtors® in our network have been prescreened to ensure they meet our minimum standard of experience, education and local expertise. Unlike traditional Realtors®, the agents in our network rebate up to 25% of their commission.
Why should I use You Save Real Estate®?
We remove the frustration and hassle of finding a competent Realtor® to represent you. All Realtors® in our network must have:
- A minimum of three years of experience
- One or more professional designations which demonstrates a commitment to improved skills, productivity and knowledge
- Local market expertise in the area where you want to buy or sell a home.
Plus, you receive up to a 25% commission rebate.
Which real estate brokerages does You Save Real Estate® work with?
There are hundreds of real estate brokerages and thousands of agents in our network and thus too many to list. You will have the opportunity to select a Realtor® from any of the national realty firms below plus many others. The choice is yours. Simply let us know if you have a preference to work with a particular agent or brokerage.
- Century 21
- Coldwell Banker
- Help-U-Sell
- Keller Williams
- Prudential
- RE/MAX
- Plus many more regional and local realty firms
How do I contact You Save Real Estate®?
Call us at 1-800-723-2193, ask a question via the web, or write support@YouSaveRE.com.
Who can use You Save Real Estate®?
Anyone can use You Save Real Estate® who meets the following conditions:
- Home buyers must be prequalified to borrow the amount needed to buy the property
- Home buyers cannot have a current buyer's agency contract with another real estate broker
- Home buyers cannot have an open offer on another property
- Home sellers cannot have their home listed with another real estate broker
Can I use your service if a friend has given me the name of an Realtor® in my area?
Absolutely. Simply give us the real estate agent’s contact information and we will attempt secure a referral agreement from them. If we are successful, we will put them in contact with you. Note: Do not contact the Realtor® until we give you the OK. Doing so may jeopardize our ability to secure a referral agreement and your ability to receive a commission rebate.
A friend is a Realtor® and I’d like to use their services. Can You Save Real Estate® obtain a commission rebate for me?
No. Agents are only willing to pay a referral fee for new clients. If you’ve established a close relationship with an Realtor®, then they will be unwilling to pay a referral fee to us for matching you together and, we therefore, cannot provide you a commission rebate.
Can I earn a real estate rebate if I’m currently working with a real estate agent?
No. Agents will not pay a referral fee for a client they currently have. If you are a party to an “exclusive agreement” with a real estate agent you cannot use our services.
Can I use your service to buy a new construction home?
Yes. Many home shoppers considering new construction don’t realize that they can use a real estate agent to buy a new home. A Realtor® can help you negotiate the best possible price, understand the true value of the home given the number of options and features available, receive additional incentives only available to the Realtor®. The catch is you must be placed with an agent BEFORE you enter a home builder's office or you may forfeit your eligibility to earn a commission rebate.
Can I receive a commission rebate if I use FHA or VA financing?
Sorry, these government sponsored loan programs prohibit commission rebates.
Which states allow commission rebates?
The You Save Real Estate® commission rebate program is available in the following states: AR, AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, MA, MD, ME, MI, MN, MT, NC, ND, NE, NH, NM, NV, NY, OH, PA, RI, SC, SD, TX, UT, VA, VT, WA, WI, WV and WY.
NOTE: AL, OR and TN do not allow cash back incentives but you may receive a commission rebate as credit applied to your closing costs.
Our commission rebate program is NOT AVAILABLE in the following states: AK, IA, KS, LA, MO, MS, NJ and OK.
What if I don’t like the Realtor® you’ve matched me with?
We work hard to screen the participating agents and we find that most people choose to work with the first real estate agent they meet. If this Realtor® does not meet your requirements, you are not obligated to use their services. We will arrange for you to interview up to three agents and you have the final say with whom you choose to work.
Won’t I pay more for a home if I use You Save Real Estate® to earn a commission rebate?
No. You’ll pay the same price whether you receive a commission rebate or not. Your Realtor® has agreed to pay us a portion of their compensation and we simply refund the majority of this to you.
What if I start working with You Save Real Estate® and later decide I want to work with a Realtor® outside your network?
No problem. Just call or email us at support@YouSaveRE.com and let us know. We'll never hassle you again. You may, however, have a contractual obligation with your agent if you signed a buyer broker or listing agreement and you would need to seek their permission to be released if this were the case.
How does You Save Real Estate® make money?
In the real estate industry it is common practice for brokers to pay referral fees to other brokers for referring business to them. Most brokers and real estate referral web sites keep this money, but not You Save Real Estate®. We rebate the majority of this “referral fee” to you and then keep what’s left over.
How much money will I receive?
Commissions vary from market to market, but generally range from 5% to 6% of the total sales price of the home. The real estate rebate is paid by the seller at the closing and is typically split between the buyer’s agent and the seller’s agent. Your commission refund will be based on your Realtor’s® side of the transaction multiplied by your rebate rate (20% for buyers and 25% for sellers). If the sales price of the home is less than $100,000 your commission refund will be $150.00. Do two transactions with us within a six month period and earn an additional 1% on the second transaction for a sales price greater than $100,000, otherwise, the additional commission refund is $50. Click here to calculate your commission rebate.
Commission rebates will be paid as a credit applied toward your closing costs or by check to the extent permitted by law. If you elect to receive payment by check, we will attempt to have the settlement provider issue the check at the closing. Otherwise, we will issue and mail a check within 30 days of receiving proof of closing.
