ForSaleByOwner.com Announces Buyer's Agent Network and Rebate Program in Florida Real Estate Market

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April 6, 2011
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ForSaleByOwner.com Announces Buyer's Agent Network and Rebate Program in Florida Real Estate Market

FLORIDA HOMEBUYERS CAN CAPTURE 25% OF THE BUYER'S AGENT COMMISSION IN UNIQUE REBATE PROGRAM

CHICAGO, April 6, 2011 /PRNewswire/ -- Get paid to buy a house? Where do I sign? If you're in Florida, you can sign with ForSaleByOwner.com's new Buyer Rebate Program.

(Logo: http://photos.prnewswire.com/prnh/20110308/MM61814LOGO )

Designed to help homebuyers get more from a notoriously expensive process, the ForSaleByOwner.com Buyer Rebate Program returns home buyers 25% of the commission earned by the agent who represented them in the sale.

With buyers circling the real estate market in search of the best deal, agents affiliated with the program have already gained a competitive edge by partnering with ForSaleByOwner.com. Orlando-based AmeriTeam Realty is the sole broker partner for the program.

"A typical rebate for a Florida home sale amounts to $500 to $1,500. The ForSaleByOwner.com Buyer Rebate Program offers buyers some welcome relief - just in time to offset rising closing costs and fees," says Eddie Tyner, general manager of ForSaleByOwner.com. 

Today's precarious real estate market can be tricky to navigate, which is why buyers will find the Buyer Rebate program appealing, predicts Alan Randel, broker/owner of AmeriTeam Realty. "Customers who take advantage of ForSaleByOwner.com's Buyer Rebate program get the services of a professional Realtor while still capturing savings inherent in today's competitive marketplace," said Randel. "We believe the Buyer Rebate Program is the perfect solution."

Any house listed with ForSaleByOwner.com, Realtor.com and regional multiple listing services is included in the program.

In compliance with Federal regulations, the rebate is applied at closing. More details on the program are available at http://www.forsalebyowner.com/buyerrebates.   

About ForSaleByOwner.com

ForSaleByOwner.com is the nation's largest and most robust "by owner" real estate website. In 2010 alone, ForSaleByOwner.com facilitated sales of $1.8 billion worth of residential real estate, enabling homeowners to keep at least $72 million* in home equity for themselves. 

Since 1999, ForSaleByOwner.com has saved home sellers more than one billion dollars by coaching and equipping them with information, tools and services that enable them to buy and sell houses directly.

By selling directly, homeowners can recoup more of their home equity by controlling transaction fees. The company charges $89 to $689 for its wide range of advertising, listing services and related information and tools. A homeowner selling a $300,000 home through a full service real estate agent would lose $18,000 in equity, based on the traditional 6% commission.

ForSaleByOwner.com was acquired in 2006 by Tribune Digital, a division of Tribune Companies, and is based in Chicago.

*Based on some home sellers paying a 2% commission to the agent representing the buyers of their homes. The traditional real estate commission is 6%.

About AmeriTeam Realty

Launched in February 2007, AmeriTeam is one of the fastest-growing brokerages in Florida and now has hundreds of Realtors serving customers in central Florida. AmeriTeam is based in Orlando with an office in Boca Raton. Broker/owner Alan Randel entered real estate after owning and operating national tour companies.

SOURCE  ForSaleByOwner.com

Photo:http://photos.prnewswire.com/prnh/20110308/MM61814LOGO
http://photoarchive.ap.org/
ForSaleByOwner.com

CONTACT: Stephanie Hammell, Director of Public Relations , +1-312-222-5946 office, or +1-678-699-0688 cell, shammell@tribune.com

Web Site: http://www.forsalebyowner.com

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