Frequently Asked Questions

What areas does Conrad Realty Group cover?

Jupiter, Tequesta, Palm Beach Gardens, North Palm Beach, Juno Beach, Hobe Sound, Stuart, Sewall's Point, Palm City, Jensen Beach and Port St Lucie.

What types of properties can be purchased utilizing your services?

Residential properties such as homes, townhouses, villas and condominiums. They can be resales, new construction, foreclosures and short sales.

Will you pick me up and drive me to homes I want to view?

No, we meet you at the property. This enables you to drive around the area before or after viewing a property to get a better feel for the area.

Who selects the properties we view?

You select which properties you want to view. When you agree to utilize our services we will input your criteria for a home into the Multiple Listing Service (MLS) and each time a property comes on the market that matches your criteria you will receive an e-mail with photos, maps and property information.

We also advise you to search for homes on the Conrad Realty Group website, Realtor.com, Zillow, etc. and even drive around neighborhoods that interest you. When you want to view a home simply contact us and we will schedule an appointment to show you the home.

How does Conrad Realty Group get paid?

We require a showing fee of $100 per property to be paid prior to the showing. All showing fees will be credited towards our minimum fee of $2,500 which is due at closing.

Why do you charge buyers showing fees when other agents do it for free?

We charge showing fees which guarantees we are paid for our time and services. This also enables us to credit you 100% of any amount (commission and bonus) that we are paid by the seller or listing broker at closing. You can use this money to pay for your closing costs, lower the purchase price, reduce the amount of your home loan or get cash back at closing.

How many homes does the typical buyer view before purchasing a home?

A study by the National Association of Realtors reports that the average buyer views only 10 homes prior to making a purchase.

What happens if I decide I don't want to buy a home?

We recommend only serious buyers utilize our services as our fees are non-refundable.

How much will I save?

The exact amount depends on the number of homes you view, the purchase price and commission offered by the seller as most commissions are a percentage (typically 2.5% to 3%) of the purchase price.

How do I get paid the commission?

The manner in which the commission is paid to you is determined by your lender (if applicable) so it meets their guidelines. There are numerous ways to receive the commission, a credit to you at closing so it pays for your closing costs, reduce the amount of your home loan, a reduction of the purchase price or a check after closing. When you get pre-approved for a home loan ask your lender how the credit can be applied.

Who should use your services?

If you are a serious about purchasing a home and have been pre-approved for a home loan or you are a cash buyer our services are perfect for you.

Is it legal for a buyer to get a rebate?

Yes, it is in Florida. Even the United State Department of Justice has a web page dedicated to rebates. Rebates Make Buying a Home Less Expensive. You do need to make your lender aware that you are receiving a rebate as this could have an effect on your loan terms.

Will I have to pay taxes on the amount of the rebate I receive?

You should contact a tax professional, however a ruling from the U.S. Internal Revenue Service stated that real estate brokers do not have to issue Form 1099 to customers that receive commission refunds because such amounts generally are not taxable as income.