Military Services
For those who serve our country.
Smith & Associates Real Estate is proud to offer a program to assist the military. We know the stress and costs involved with a military move and are excited to be able to provide this program as a ‘Thank You’ for the sacrifices members of the military and their families make to ensure our safety.
For buyers, Smith & Associates Real Estate will credit back a maximum of 25% of the commission we receive from a listing agent or homeowner who is selling the home themselves against buyers closing costs and prepaid items. Typically on a 3% commission that amounts to a savings of .75%, which on a $200,000 home could amount to $1,500!
For sellers, Smith & Associates Real Estate will arrange for a commission not to exceed 5.5% of the selling price of the home. A reduction in the commission is taken by Smith & Associates Real Estate to 2.5%, and the remaining 3% would be offered to the real estate broker who provides the buyer.
There are a few exceptions to this program:
- The property must be the primary residence of the active duty member;
- For buyers, the commission to Smith & Associates Real Estate after the incentive must be no less than 3% and there can be no referral fees due to another party. Also, all credits back to the buyer must be reflected on the final HUD-1 form and approved by the lender; and,
- For sellers, there can be no referral fees due to any other party
For more information on our Military Services, please contact us.
Disclaimer – This is an affinity program offered through the owners of Smith & Associates Real Estate. Please note that Realtors who are employed by Smith & Associates Real Estate may, at their option, offer this program in its entirety, offer any portion of the program, or not offer it at all.
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