Colorado home buyers get 1/2 of their Realtor's commission

Jan. 3, 2012 - PRLog -- Home buyers in Colorado are getting more than they bargained for.  
In addition to the best deal they have negotiated with the seller – Colorado home buyers are getting 50% of the Realtor’s commission from the discount real estate brokerage http://www.hqhomes.com
Founder Tony English explains how consumers make ½ of the Realtor’s commission. “It is very simple we give our customers 50% of the commission we make when help our clients buy a home.  We want to treat people right and give them a great deal so they refer their friends and family”.
“Real estate brokerage is quite different today versus 20 years ago.”  Tony explained - “Consumers are doing ½ of our job by finding the homes they would like to see online and checking out the neighborhood with Google maps.” This saves us time and we pass the savings onto our clients –it is a win-win situation for the consumer and our company.
Do refunds and incentives pose any risk to consumers?
Some have argued that refunds and incentives can tempt consumers into closing on real estate transactions against their best interests. The Antitrust Division has found no evidence that refunds and incentives harm consumers. On the contrary, they can dramatically lower the price that consumers pay for brokerage services.
Do real estate brokers support rebate bans?
Some brokers support rebate bans as a means of reducing price competition. For example, when the Kentucky Real Estate Commission surveyed brokers about lifting that state’s rebate ban, here is what some of them said:
“If we give rebates and inducements, it would get out of control and all clients would be wanting something. The present law keeps it under control.”
“This would turn into a bidding war, lessen our profits and cheapen our ‘so-called’ profession.”
“If inducements were allowed, they could lead to competitive behavior, which would make us look unprofessional in the eyes of the public.”
“I think this would just take money right out of our pocket.”
Which states currently ban rebates and/or inducements?
Ten states currently have laws that ban rebates. Nine states have a full ban on broker rebates: Alabama, Alaska, Kansas, Louisiana, Mississippi, Missouri, Oklahoma, Oregon, and Tennessee. In addition, Iowa prohibits rebates when the consumers use the services of two or more real estate brokers during a transaction.
The bottom line is that if you are going to buy a home in Colorado – you might as well get paid for it.
For more information visit http://www.hqhomes.com

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.HQHomes.com Discount real estate agents. Only 1% listing fee and we pay our homebuyers 50% of our commission.
Our agents rebate 50% of thier commission to home buyers in the Denver metro and surrounding areas.