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Rebate is available only to buyers who close escrow/proceed to final settlement
with Real Estate Marketing Partners, LLC. (" REMP") doing business as
PropertyReport.com, acting as their sole and exclusive agent in the purchase of
real estate. For homes with a final sales price of $100,000.00 or more, the rebate
is twenty-five percent (25%) of the cooperating broker commission actually received
by REMP at the close of escrow/settlement for representing the buyer net of any
allowances or other deductions by REMP related to the transaction. Occasionally,
the seller and/or listing broker in a transaction will offer the broker representing
the buyer a bonus or other additional incentive over and above the cooperating brokerage
commission. Any such bonuses or other additional incentives are separate and apart
from the cooperating brokerage commission actually received by REMP and buyer is
not entitled to a rebate on any bonus or other additional incentive monies paid
to REMP over and above the cooperative broker commission. For homes with a final
sales price of $99,999.99 or less, the rebate is Two Hundred Fifty Dollars ($250.00).
If within a 6 month period, a customer both buys and sells real property through
REMP, the customer is eligible to receive either an additional rebate of up to five
percent (5%) of REMP's commission for representing the buyer in the case of a purchase,
or an additional one quarter of one percent (0.25%) reduction off of our listing
commission in case of a sale. The additional rebate or commission reduction will
be applied to the second of the two transactions to close escrow or proceed to final
settlement. See your agent for details. The amount of the cooperating broker commission
received will vary on individual properties. The rebate will be paid or credited
to the party or parties named as the "buyer(s)" or "borrower(s)"
on the HUD-1 Closing Statement or equivalent official closing statement. In the
case of an IRC §1031 Tax Deferred Exchange ("Exchange"), the party
named as the "buyer or borrower" is the Qualified Intermediary (the "Exchange
Company") and the rebate will be paid or credited to the Exchange Company for
the benefit of the party conducting the exchange (the "Exchanger"). All
buyers, or in the case of any Exchange, the Exchanger must sign a Rebate Agreement
before any rebate will be issued. This rebate program is only available where permitted
under state and federal law and when not otherwise prohibited by the buyer's lender(s).
There may be tax consequences to the rebate. If you need legal or tax advice, you
should consult with the appropriate professional. Offer subject to conditions, limitations,
exclusions, modifications, and/or discontinuation without notice.
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