How does Owning's rebate program work?
Owning Corp provide all the services of a traditional real estate agent without needing to drive you around in an expensive luxury car and collect a hefty commission for doing so. Most modern home buyers do most of their home searching online and Owning provides the tools to help. After your home purchase is complete, we rebate a majority of our commission back to you!
How much of rebate will I receive?
The flat fee for our services is $4,000. This fee is deducted from the commission rebate that you will receive.
$500,000 Purchase Price X 3% Commission Rate = $15,000 traditional Real Estate Agent Commission
$15,000 - $4,000 Owning Fee = $11,000 Rebate to You
This example calculation uses a 3% agent commission
How is Owning different?
The traditional real estate buying process involves an agent escorting their clients from home to home over the course of several weekends. Part of the reason for traditional commission is to level the time that real estate agents spend for this service. Many home shoppers currently use online resources and tools to locate their new home. Owning rewards clients for doing their own home search, or what we call “homework” with a rebate.
What if I already have a real estate agent?
If you already have a signed agreement with an agent for representation, you would need to review your contract for limitations. Buyers must use an Owning selling agent to receive an Owning rebate.
How do I get started?
You can start looking for homes using the Owning search tool
or any other online tool such as Zillow. Once you have narrowed down your choices, contact Owning
and we will start the online, digital process to further assist you in your home buying journey.
What if I already found a home?
Congratulations! Not only on the find, but also because you are Owning’s ideal client! You’ve already taken the first major step in the home buying experience. Contact us
and we’ll start your process for submitting an offer on your chosen property.
When do I receive my rebate?
Your Owning Buyer Rebate is given to you after the close of escrow on your new home.
Do I need to come to your office?
You can if you wish, but it’s 2019 and there really is no need! Most of your home search is done online and on your own schedule, so we will handle your “paperwork” digitally and all online. All communication can be done via phone, text, email, or video conference.
How do I decide on an offer price?
Owning will advise and lead you through the home price evaluation, offer, and negotiation process. We’ll review recent sales, current market sentiment, and the home seller’s price flexibility. As experienced negotiators, we’ll navigate you through the offer and counter-offers.
Are there any upfront costs to use Owning’s services?
Owning does not charge any upfront costs and Owning collects any fees due at the close of escrow
If I use Owning’s services and do not find a home, will I be charged?
Owning will help successfully complete an escrow on a new home for you and your family. If you are unable to find a home and enter escrow, you will not have any fees due to Owning. There are no initial fees or cancellation fees charged by Owning.