HOW DOES OUR PRICING COMPARE TO OTHER REALTORS
IN THE AREA? WHAT MAKES US DIFFERENT?
Our executive level research and decades of expertise will cost you NOTHING. ZERO. NADA.
How We (and other Realtors Make Money)
Our service of providing executive-level research and unsurpassed guidance as you go through the new home builder experience is free. Springboard New Home Advisors is a realty company and, as Realtors, we get paid a commission by the home building company for bringing a buyer (you) to them. This often leads to the question, “Will I get a discount if I walk through the door unrepresented?” The answer is NO. Homebuilders will not cut you a break if you walk in unrepresented. The home builder will simply make more money on your house.
If you don’t choose Springboard to represent you, you’ll be missing out on a lot – not the least of which is dollars to your bottom line! Here’s why:
In Arizona, the typical commission that a builder pays a realtor is 3% of the base price of the house (sometimes more when builders are trying to move through a community faster). Let’s say that you’re interested in a 2,600 square foot home with a base price of $380,990. (Note: It’s funny that builders just don’t say $381,000 but they have learned, like the price of gasoline, that our minds think $2.89 per gallon when it is really $2.89.9) At closing they will pay the Realtor’s brokerage firm $11,430. Not bad – for the Realtor – especially given that the home building company does most of the work from the time you walk through the door.
Why You are Leaving Money on the Table by Not Using Springboard.
At Springboard we think that you should get some of that action. Especially since it’s YOU that is buying, making the down payment and taking on the financial obligation of a new loan. We make money because of YOU. That’s why we want to; a) Provide you the best service possible before and after the closing and, b) Give some the money we are making because of YOU back to YOU.
Kickbacks are Illegal, But… We Can Legally Help with Other Costs
Real Estate laws don’t allow for licensed sales persons or brokers to share or kickback any of their commission. Any licensed real estate agent who claims otherwise is outright lying and willing to break the law (not to mention putting their license at risk). What we can legally do is instruct the homebuilder and the title agency that we are willing to forego some of our commission to help buyers in a variety of ways. One of those ways is closing costs, (click here for what Closing Costs are) that extra 1.5% – 2% of the cost of your home that you will have to write a check or increase your loan amount to cover.) Back to our example and that $11,430. Springboard, as an incentive for you to trust us as your representative through this process, will instruct to title company to put $2,286.00 (20% of $11,430 – the amount will vary depending upon the base sale price of the home) of our commission towards your closing costs. That’s something we can legally do and it’s all above-board. In the example above, that’s $2,286.00 that you won’t have to come up with some other way. That’s $2,286.00 more in your account… or to put towards new landscaping… or new blinds… or furnishings… or whatever.
Couple those savings with unsurpassed executive level research and guidance you’ll receive from us and choosing Springboard New Home Advisors to represent you is, what we call in the industry, a “no-brainer.”