Beverly Hills Real Estate
Rebate Disclosures
Beverly Hills Real Estate Rebate is available only to buyers who close escrow/proceed to final settlement with Platinum Capital Realty acting as their sole and exclusive agent in the purchase of real estate.

Buyers are eligible to receive rebate for properties with a final sales price of $200,000.00 or more. The amount of rebate is determined in the rebate agreement and is percentage of the cooperating broker commission actually received by Platinum Capital Realty at the close of escrow/settlement for representing the buyer net of any allowances or other deductions by Platinum Capital Realty related to the transaction. 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 Platinum Capital Realty and buyer is not entitled to a rebate on any bonus or other additional incentive monies paid to Platinum Capital Realty over and above the cooperative broker commission.

For properties with a final sales price of $199,999.99 or less, the rebate is Two Hundred Dollars ($200.00).

If within a 6 month period, a customer both buys and sells real property through Platinum Capital Realty, the customer is eligible to receive an additional rebate of up to five percent (5%) of Platinum Capital Realty's commission for representing the buyer in the case of a purchase. The additional rebate will be applied to the second of the two transactions to close escrow or proceed to final settlement. See your agent 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 IRC §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 sign a Rebate 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). The rebate program is not available in New Jersey. 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.
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