Nevada is one of the states that legally allow home buyer rebates.
Your home rebate comes straight from the agent’s commission and does not prohibit any incentives from the area home builder or from the listing agent on a resale home. The Realtor representing you costs you nothing as the builder has allotted usually a sales commission of 3% to be paid to a buyer’s agent. The sales associates may not inform you about any specific or exclusive offers, discounts, special packages or options that may not be in the builder’s best interest. If you are not represented by a Realtor, typically the sales associate gets paid a higher commission or the builder retains the difference.
When a new home is built or a resale home is sold in Nevada, the realtor who represents the buyer typically makes a commission of 3% of the base price of the home. Home Discount Realty gives commission rebates on new homes any place in Nevada and rebates back to the buyer 50% of the agent’s commission paid by the builder. This applies to any new construction home through any Nevada new home builder or contractor. The credit can either be applied to your closing costs, used to pay for upgrades, lot premiums, appliance packages, reducing the price of the home, buying down points for a better interest rate or with lender approval, as a check cut to you after closing. It is your choice!
When a resale home is sold in Nevada the listing agent /seller pays the buyer’s agent usually around 3% of the sales price of the home. If you go direct to the listing agent on a resale home he will not give you a home rebate from his commissions. The listing agent represents the seller. I REPRESENT YOU AND YOUR BEST INTEREST and will share 33% of my commission.