Rebate Rules

* Buyer Rebate is Available only For buyers who close escrow/proceed to final settlement with uGetOne acting as their sole and exclusive agent in the purchase of Real Estate. The Buyer Rebate is 1% Of The net Sales Price Only If the cooperating broker commission Is actually received by uGetone at the close of escrow/settlement for representing the buyer net of any allowances or other deductions by uGetOne And Or As Specified On Your Buyer Representation Agreement.  Minimum Cooperating Broker Commissions Apply. 1% Of The net Sales Price Rebate Is Based On Minimum Seller Or Cooperating Broker  Paid Commission Of 3% Of The Sales Prices received by uGetOne at the close of escrow/settlement for representing the buyer. If Commission Received by uGetOne at the close of escrow/settlement for representing the buyer is Less Than 3% Of The  Sales Price Then uGetOne Will Rebate The Buyer 20% of the actual commission paid to uGetOne. Rebate will only be paid or credited from The uGetOne Buyers Agent Side of Commission If Commission Is Actually Received by uGetOne at the close of escrow/settlement for representing the buyer. If No Commission Is Collected, Nor Offered Then uGetOne Rebate Offer Is Void. The minimum commission paid to the Buyer's Broker (uGetOne) must be $4000.00 for this Rebate to be valid. We recommend that you  sign our uGetOne rebate addendum along with signing a Buyer Representation Agreement before viewing homes with your uGetOne Agent and before the offer to purchase is signed. See your agent/Realtor for details. The amount of the cooperating broker commission received will vary on individual properties. 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 IRS §1031 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 have signed The Rebate Agreement Portion with Their Buyer Representation Agreement for the Rebate to be Valid. This rebate program is only available where permitted under state and federal  law and 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.

 

* Seller Rebate is based on the full service listing package "Option C" on the uGetOne official website and the uGetOne Office Actually Collecting Their Regular Full Service Listing Commission Fee And Or The Agreed To Commission Listing Fee Between Seller And uGetOne On Your Listing Agreement That You Should  Read And Would Have Agreed To And Signed. See your agent/Realtor for details. All Sellers or in the case of any Exchange, the Exchanger must sign The Rebate Agreement Portion on Their Listing Agreement before any rebate will be issued. This rebate program is only available where permitted under state and federal law and when not otherwise prohibited by the buyer's lender(s). On the Seller's side of the transaction 3% is the regular commission, plus Seller decides in the listing agreement what will be paid to the Agent that Represents the Buyer. For a this rebate, Seller May Choose To Reduce The Sellers Representation side of the Listing Fee Less 1% Of The Sales Price Or Get The Rebate paid or credited to the party or parties named as the "seller(s)" on the HUD-1 Closing Statement or equivalent official closing statement. Seller And Buyer Rebates Only Apply If Commission Is Actually Received by uGetOne at the close of escrow/settlement for representing the buyer And Or Seller. 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. If No or Unacceptable Commission Is Collected Nor None Is Offered Then All uGetOne Rebate Offers Are Void. Rebate Addendum must be signed before listing your property for sale along with the listing agreement. If none is signed then the Agreement made in the Listing Agreement with stand and there will be no rebate. For Example you may have made a special arrangement or negotiated a Listing  Agreement Different than outlined in "Option C".