In this letter to HUD we point out the problems with what the builders are doing as well as Affiliated Business Arrangements (AfBA's) in general, and from a different perspective - from that of
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09/02/2010 - 16:05
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08/23/2010 - 17:17
Lennar promises a $5000 bonus and a free Lexus to the Realtor who refers them enough business. This offer is only being sent to Realtors and is a reward for the Realtor's loyalty to |
08/21/2010 - 14:08
In Minnesota, this weekend is "Open House Weekend" sponsored by the Minnesota Association of Realtors (MAR). MAR encourages its membership to hold as many open houses as |
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Buyer Rebate Commission Rebate Reform passed in New Jersey
Submitted by Amy on Wed, 03/03/2010 - 16:01
Good news for consumers in New Jersey: A new state law now allows real estate agents to rebate agent commissions to the buyer. This has the direct impact of reducing consumer cost of a transaction as well as opening the door for additional industry competition from non-traditional real estate brokers, such as Redfin and ZipRealty. This change will help produce a more competitive, innovative marketplace and reduce consumer costs.
CAARE served as an important voice for buyers' rights during the legislative process by providing a consumer impact summary directly to the New Jersey Senate Commerce Committee.
Read more about the new law here.
Read CAARE's full statement in the attachment below.
| Attachment | Size |
|---|---|
| NJrebateletter.pdf | 818.3 KB |