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Disclaimer

Nothing on this website is intended as a solicitation for business or other activities in states where Conventional Realty is not licensed as a real estate broker.

Conventional Realty offers a buyer rebate, called Fast Funds™. This rebate is available in most areas, except where prohibited by law. Please see below for rebate terms and conditions.

For Home Buyers
Fast Funds™ rebate is available only to buyers who close escrow/proceed to final settlement with Conventional Realty acting as their sole and exclusive agent in the purchase of real estate.

Final Sales Price:

  • $100,000 or Greater: When the final sales price of a home is greater than or equal to $100,000.00, the Fast Funds™ rebate amount is 5% of the cooperating broker net commission. Conventional Realty defines net commission as the commission amount minus any transaction-related allowances or other deductions. This net commission is the amount due for buyer representation and must have been actually received by Conventional Realty during the execution of settlement / closing of escrow.
  • Bonuses – The Fast Funds™ rebate is not available on bonuses or other monetary payments / incentives paid to Conventional Realty, in excess of the cooperative broker commission. These additional monies are separate and independent of the actual cooperating brokerage commission received by Conventional Realty. Fast Funds™ rebate is not applicable on these additional payments.
  • Less than $100,000: When the final sales price of a home is less than $100,000.00, the Fast Funds™ rebate amount is a flat rate of Two Hundred Fifty Dollars ($250.00).
Fast Funds™ Combo Rebate – For Buyers and Sellers
For customers who both purchase and sell real property through Conventional Realty within a six (6) month consecutive time period, they will become eligible to receive an additional Fast Funds™ rebate, as follows:

  • Buyers – Buyers are eligible for an additional Fast Funds™ rebate of up to five percent (5%) of Conventional Realty’s actual net commission.
  • Sellers – Sellers are eligible for an additional Fast Funds™ rebate of up to one quarter of one percent (0.25%) deduction from Conventional Realty’s actual net commission.
  • As the amount of the cooperating net broker commission received will vary according to property sales price and other terms, the Fast Funds™ buyer / seller combo rebate amount may vary, as well. The additional Fast Funds™ Combo Rebate (including credits and commission reductions) will be applied to the second of the two transactions necessary to proceed to final settlement and/or close escrow.
Fast Funds™ Rebate Disbursement Conditions
  • Payment – Credit or payment of the Fast Funds™ rebate will be to those parties whose names are listed as “buyer” or “borrower” on the official real estate closing statement.
    • HUD-1 Closing Form – Rebate will be payable to the party or parties listed as "buyer(s)" or "borrower(s)"
    • IRC §1031 Tax Deferred Exchange Form - Rebate will be payable to the party or parties listed as "buyer or borrower", also known as Qualified Intermediary or Exchange Company.
  • Responsibility - The recipient of the Fast Funds™ rebate or credit will be responsible for all releases and taxes.
  • Disclaimer - Fast Funds™ rebate offer is subject to varying terms and conditions, including limitations, modifications, exclusions, and/or discontinuation without prior notice. Please refer to website for updates and/or change notificatios.
  • Rebate Release - Prior to the disbursement of the Fast Funds™ rebate, a Fast Funds™ Rebate Release must be signed.
  • Tax Implications - Fast Funds™ rebate may be considered taxable income under certain state or federal statutes. Please consult your attorney, accountant, or tax advisor for more information.
Fast Funds™ Rebate – New Construction and Development
Occasionally, Conventional Realty will refer buyers to builders and/or housing developers that eventually lead to final home sales. In these cases, cooperating net broker commissions paid to Conventional Realty are at the discretion of the builders and/or housing developers. In many cases, the builders and/or housing developers will only pay net broker commissions on the final sale when a licensed real estate agent has personally accompanied the buyer on first visit to property site.

Listing Fees
  • Home Sellers – When a home is listed for sale, Conventional Realty will charge the greater of two fees:
    1. Minimum Listing Fee – A fixed rate of $2,000.00 will be charged to the seller in addition to the amount of fees paid to cooperating broker responsible for bringing in the final home buyer. Amounts charged for cooperating broker vary based on market volatility and local traditions.
    2. Local Competitive Fee – Normally this fee is 1% below the going rate for the area, a competitive local fee compensates Conventional Realty for costs and other expenses associated with listing your home for sale.
    Please contact Conventional Realty for applicable fees in your local areas.

    Referrals
    • Brokers / Agents
      Conventional Realty frequently recommends the names of licensed real estate brokers and/or agents in your area. Although Conventional Realty will never knowingly refer a real estate agent or broker with an unsatisfactory track record or poor credentials, ultimately, it is the buyer or seller’s responsibility to perform the necessary background checks in order to validate the worthiness of said recommendations. Conventional Realty does not guarantee or warrant the services provided by recommended referrals.
      • Payment of Commissions – The agreement between the broker and buyer or seller will dictate the amount and terms of commissions being paid. Furthermore, rebates or reduced commissions are not available to buyers or sellers who are referred to or represented by another broker.
    • Other Service Providers Referrals that are made directly or indirectly by Conventional Realty, either by means of website, verbal, electronic, or any other communication method, are for informational purposes only. Conventional Realty does not warrant or guarantee the products, services, or claims made by any other resources, links, or recommended service providers. This covers any or all referrals made by employees of Conventional Realty, its subsidiaries, and affiliates. You are not bound or committed to using any agent, company, product, or service provider recommended by Conventional Realty. As prices, products, and experience of said referrals vary, you should only pursue or consult with said referrals with utmost circumspection.
Please contact Conventional Realty with questions regarding this disclaimer or any other terms and conditions of this website. Conventional Realty reserves the right to modify this disclaimer or terms at any time without notice.

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