PropertyPros Cash Back Rebate Program

  1. The Cash Back Rebate is available only to buyers who close escrow/proceed to final settlement with Propertypros acting as their sole and exclusive buyer’s agent in the purchase of real estate.
  2. The Buyer Brokerage Agreement and Cash Back Rebate Program Terms and Conditions must be completed, signed and returned before any rebate will be issued.
  3. The 1% cash back rebate is conditional on selling broker receiving a minimum of 3% commission on the purchase of the home.  If commission received is 2.5% or greater but less that 3% of sales price, then a ½% rebate applies.  No cash back rebates are offered on home purchases offering less than 2.5% commission.
  4. In the event that a referral fee or commission must be paid on the sale of a property reducing the amount of commission received, the rebate would be reduced by the amount of the referral fee or commission.
  5. No rebate is offered on the purchase of homes under $75,000 US.
  6. Cash Back Rebate recipients may be required to sign an IRS form documenting the rebate.  Recipients will be responsible for any applicable taxes on the rebate if you need legal or tax advice, you should consult with the appropriate professional.
  7. The Cash Back Rebate will be paid only to the party or parties named as the “buyer's)” or “borrower's)” on the Closing Statement or equivalent official closing statement and cannot be disbursed to a third party.
  8. PropertyPros is able to offer a Cash Back Rebate to homeowners that assist in the search for their own home and thereby reduce the costs incurred in purchasing a home.  In order for the buyer to be eligible for the cash back rebate, PropertyPros will not show more than 15 homes.  For every home over 15 shown to buyer by PropertyPros, the 1% cash back rebate will be reduced by 5%.  After 25 or more home showings the buyer will not be eligible to receive a rebate.  Buyers can search for and view an unlimited amount of homes online to narrow down the list of homes they wish to be shown.
  9. Buyer Brokerage Agreement must be for a minimum of 4 months.
  10. Rebate check will be issued at closing.
  11. The Cash Back Rebate Program is subject to conditions, limitations, exclusions, modifications, an/or discontinuation without notice.