Rebate Information

I am currently offering 20% of my commissions back to buyers at the close of escrow.

Because commissions offered to me by sellers are generous and I have very little overhead I am able to offer you substantial rebates at close of escrow in most instances. This truly sets me apart form most other real estate offices. I have over 20 years experience so my representation is a great value. You can choose to use the rebate towards your closing costs or get a check at close of escrow.

Example: $250,000 (purchase price) x 3% (Butte Creek Realty commissions) x 20% = $1500 (your rebate)

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Technical Information

Rebate is available only to buyers who close escrow/proceed to final settlement with Leif Peterson of Butte Creek Realty acting as their sole and exclusive agent in the purchase of real estate. For homes with a final sales price of $100,000.00 or more, the rebate is a percentage of the cooperating broker commission actually received at the close of escrow/settlement for representing the buyer net of any allowances or other deductions by Butte Creek Realty related to the transaction. The amount of the cooperating broker commission received will vary on individual properties. The minimum total commission offered to Butte Creek Realty must be $2,500 or greater. Occasionally, the seller and/or listing broker in a transaction will offer the broker representing the buyer a bonus or other additional incentive over and above the cooperating brokerage commission. Any such bonuses or other additional incentives are separate and apart from the cooperating brokerage commission actually received by Butte Creek Realty and buyer is not entitled to a rebate on any bonus or other additional incentive monies paid to Butte Creek Realty over and above the cooperative broker commission. For homes with a final sales price of $99,999.99 or less, Butte Creek Realty will not pay a rebate. If a rebate is paid, the rebate will be paid or credited to the party or parties named as the “buyer(s)” or “borrower(s)” on the HUD-1 Closing Statement or equivalent official closing statement. In the case of an IRC 31 Tax Deferred Exchange (“Exchange”), the party named as the “buyer or borrower” is the Qualified Intermediary (the “Exchange Company”) and the rebate will be paid or credited to the Exchange Company for the benefit of the party conducting the exchange (the “Exchanger”). All buyers, or in the case of any Exchange, the Exchanger must sign this Rebate Agreement before any rebate will be issued. This rebate program is only available when not otherwise prohibited by the buyer’s lender(s). There may be tax consequences to the rebate. If you need legal or tax advice, you should consult with the appropriate professional. Offer subject to conditions, limitations, exclusions, modifications, and/or discontinuation without notice. To qualify for this rebate buyer must use Leif Peterson when touring properties of interest.