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Available Bank Owned Homes (REOs) for Sale in the San Francisco Bay Area
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Working with a San Francisco Realtor / Broker
Our Buyers receive all the benefits of working with a full-service Realtor® plus a Buyer’s CASH Rebate - 30% of our commissions *
Our Buyer Rebate will be used to assist you in your closing costs and will be shown on your closing papers. This Buyer Rebate will allow you to bring less money to closing — so you are saving money when you buy a home with Bay Broker. Our Realtor Team are Top Bay Area specialists averaging almost 100 transactions a year. You receive the benefits of working with a seasoned Agent as well as a 30% commission Rebate*
How our Cash Rebate works: When you buy a home there are typically two Real Estate Agents involved with the property transaction. The Listing Agent is representing the Seller and has a responsibility to get the home sold for the 'Best and Highest Price'. Bay Broker is the Buyer's Agent and our job is to negotiate the lowest price for our Clients AND Rebate them 30% of our commission. The Seller typically offers to pay each of these Agents a commission of 2.5% of the sales price. You will benefit from top service with no sales pressure and save money in your closing costs when you buy your next home with Bay Broker.
* We require a minimum of $12,000 per transaction with the balance rebated to our Buyers, up to 30% of our commission. There is no Buyer Rebate on homes under $500,000. This Buyer Incentive Agreement is based on a 30% REBATE of Bay Broker's commission. We usually receive 2.5% of the sales price. Buyer(s) MUST be pre-approved by a lender and provide Bay Broker with a pre-approval letter prior to viewing homes. Buyer to notify lender about broker rebate at loan application. All parties involved in the transaction must be informed of the Buyer Rebate (incentive) to be credited through escrow. If your Lender does not allow this credit in Escrow, Bay Broker will send you the 30% REBATE 10 days after closing escrow.