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Rainmaker
1,052,211
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Consumers need to be more concerned with purchasing a quality product/making a decent investment for which we are paid fairly as a rule. My state doesn't ban it, but I do. I don't get in your pocket, stay out of mine. Excellent information!

Nov 03, 2016 05:16 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I know it's OK to do here in Florida.

Nov 02, 2016 11:56 PM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

No, but I don't think commission rebates are a good idea anyway - at least not a "rebate"

Nov 02, 2016 11:29 PM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

I can't understand a state's rationale for interfering with a business decision a Realtor makes on how much to charge.  

Nov 03, 2016 04:17 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Lise,

We have refused to do that, regardless of what the state says.  A

Nov 03, 2016 03:16 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

That's good to know!  I wish CA was one of them.  Would eliminate a few companies from our market.  Sadly, CA is so screwed up they'd probably make it a requirement as opposed to banning it!

Nov 03, 2016 02:06 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

I wish Florida would ban rebates...it might just improve the quality of the realtors.

Just think...how nice it would be that the agent would have to sharpen their skills in order to compete...now they just offer up half their paycheck.

I have never paid a consumer a rebate in order to get their business...hate the thought.

Eve

Nov 03, 2016 01:27 AM
Rainmaker
1,446,751
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

I've always been surprised that Maryland doesn't ban rebates to consumers. By the way, that's a good thing.

Nov 03, 2016 12:56 AM
Rainmaker
5,216,734
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Disclosure in Florida is required but legal!

Nov 03, 2016 12:53 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I do not, although, I do know that it's not banned in Florida.

Nov 03, 2016 12:34 AM
Rainmaker
785,475
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

Correct Gabe Sanders

Nov 03, 2016 12:24 AM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It's not something I do...I don't know if my state prohibits this. 

Nov 05, 2016 12:38 PM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We don't have this restriction, but have never given a rebate back to a client.

Nov 04, 2016 12:08 PM
Rainmaker
4,936,716
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow did not know aboutthis one

 

Nov 04, 2016 05:01 AM
Rainer
225,526
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I don't like the government telling me what I must earn and what I can do with my earnings. If I want or need to give a rebate, that should be my choice and only my choice. This country was based on compentsion and that should not change

Nov 03, 2016 11:57 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Not in CA. Rebates here are thriving. I had few sellers who went with 0.5% listing agents. Good luck. 

Nov 03, 2016 04:55 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Lise Howe - I do not think MA is included in this - we still have Redfin and ZipRealty here.

Nov 03, 2016 04:34 PM
Ambassador
5,230,119
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Ours is not one that bans them (Redfin is here) and as others have said, it would be nice if they were banned in all states.  QUALITY should be what the DOJ wants for buyers - not 'cheap' agents!  (Sorry, that's probably not PC but, that's how I feel, Lise Howe!)

Nov 03, 2016 02:18 PM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Legal in my State of Florida!

Nov 03, 2016 12:08 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I think it makes our Profession look cheap.

I have seen some agents do this and they don't last long

Nov 03, 2016 11:07 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I know Tennessee is one of those and remembr when they made it official.

Nov 03, 2016 10:24 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

No.

US state level law does not apply to Canadian real estate regulatory matters.

 

Nov 03, 2016 10:19 AM
Rainmaker
900,128
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

We don't have rebates in CT, but you can share with your principals, as I understand it, e.g. to facilitate a transaction.

Nov 03, 2016 08:09 AM
Ambassador
3,383,334
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

All I know is it is okay in Virginia.  

Nov 03, 2016 08:01 AM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No Lise, mine is not (IL).

DOJ always on the side of the consumer lol ......

Nov 03, 2016 06:49 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I guess we won't find Redfin in those states.

Nov 03, 2016 06:15 AM
Ambassador
3,587,960
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

AZ allows but I've never done that.

Nov 03, 2016 05:53 AM
Rainmaker
2,810,149
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Lise - I know we don't ban them in Colorado, and we have used them on occasion, but not as an across the board marketing tool.

Nov 03, 2016 05:50 AM
Rainmaker
4,883,242
Richard Weeks
Dallas, TX
REALTOR®, Broker

No ban here, we just need to disclose it.

Nov 03, 2016 04:45 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

good to know.... thanks

Nov 03, 2016 04:20 AM
Ambassador
5,049,477
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I knew about CA - no ban. Interesting to see the other states that ban them

Nov 03, 2016 03:56 AM
Rainmaker
1,574,666
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

I know Florida allows them. I wonder what would be a good reason for a state to ban them.

Nov 03, 2016 03:32 AM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Until I read Roy's answer I thought that we were one of them.

Nov 03, 2016 02:14 AM
Rainmaker
711,852
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Oregon is one.  Commissions can only go to Licensed real estate professionals.

Nov 03, 2016 02:08 AM
Rainmaker
2,817,671
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

I guess it's allowed in NY as Redfin is here.

Nov 03, 2016 01:42 AM
Rainmaker
7,836,419
Roy Kelley
Retired - Gaithersburg, MD

Ten states currently have laws that ban rebates. Nine states have a full ban on broker rebates:AlabamaAlaskaKansasLouisianaMississippiMissouriOklahomaOregon, andTennessee. In addition, Iowa prohibits rebates when the consumers use the services of two or more real estate brokers during a transaction.

Nov 03, 2016 01:21 AM
Rainmaker
466,778
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Lise Howe,

Thanks for posting the questions, I was viewing this morning a reverse prospecting company that offers buyers rebates. My state is not ban:)

Nov 03, 2016 12:55 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Not here, there are tons of realtors in DFW and many compete for clients by giving them rebates etc.  Thank you for including the link. 

Nov 03, 2016 12:43 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

None in Oklahoma it is direct. 

Nov 02, 2016 11:41 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

When the homeowner agrees to the compensation shown on the listing agreement, they have NO intention of any portion of their dollars to go directly into the hand of the buyer.

Buyer agents who are not transparent in such rebate arrangements at the offer stage seem to create a situation incompatible with those who embrace ethics.

Nov 02, 2016 11:39 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Arizona does not ban them

Nov 02, 2016 11:36 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Lise Howe I know Virginia isn't on this list.

Nov 02, 2016 11:10 PM
Rainmaker
4,572,364
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Lise -- California does not ban them -- I didn't know the names of the other states until I saw your link(thanks).   

Nov 02, 2016 11:08 PM
Rainmaker
1,543,823
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Mine is not one of them, and I offer both a nice Military Rebate & School Teacher Program because of it. 

Nov 02, 2016 11:04 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

California allows rebates ... although I do not offer them 

Nov 02, 2016 11:02 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

They are allowed here.

Nov 02, 2016 11:01 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Lise... NC and SC are not two of the states. 

Nov 02, 2016 10:58 PM
Rainmaker
5,005,659
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

No we do not have a ban.....interesting article..thanks for including it.

Nov 02, 2016 10:57 PM