New construction
We hand you back $2,500 at closing.
Builders pay a cooperating commission to the agent who registers you. Most agents keep all of it. We rebate a defined share of ours straight back to you as a credit at closing — in writing, before you ever tour a model.
Rebate tiers
What we hand back
Based on purchase price, when the builder pays a cooperating commission of at least 2%.
| Purchase price | Your rebate |
|---|---|
| Under $300,000 | $1,500 |
| $300,000 – $499,999 | $2,500 |
| $500,000 – $749,999 | $3,500 |
| $750,000 and above | $5,000 |
New-construction rebates are paid as a credit at closing, require the builder to pay a cooperating commission, and are disclosed to the builder, your lender, and the closing agent. Your lender may limit or decline a credit.
Why it matters
The order of operations decides whether you get paid.
Register us first — this is the whole game
Builders only pay the agent who registered you on your first visit. Walk into a model alone and you permanently lose both the representation and the rebate on that community.
You still get represented
The sales office works for the builder. We read the builder's contract, push on lot premiums, incentives, and upgrade pricing, and attend your walkthroughs.
Everything in writing, disclosed to everyone
The rebate is set out in your buyer agreement and disclosed to the builder, your lender, and the closing agent, exactly as Florida requires.
How it works
Five steps, one of them urgent.
- 1
Tell us where you are shopping
Send us the communities on your list before you visit any of them. One text is enough.
- 2
We register you
We register as your agent with each builder, by email, before your first visit — and we come with you to that visit where we can.
- 3
We sign the buyer agreement
It states our fee, the builder-paid compensation, and the exact rebate tier that applies to your purchase.
- 4
We disclose it to everyone
Builder, lender, and closing agent all receive written notice of the rebate so it lands correctly on the Closing Disclosure.
- 5
You get the credit at closing
The rebate appears as a credit on your Closing Disclosure, reducing what you bring to the table.
FAQ
Rebate questions
Yes. Rule 61J2-10.028(2), Florida Administrative Code, provides that sharing brokerage compensation with a party to the transaction, with full disclosure to all interested parties, is not a violation of Chapter 475. We make that disclosure in writing to the builder, your lender, and the closing agent.
Usually, as a credit toward closing costs and prepaids shown on the Closing Disclosure. Loan programs cap how much credit you can receive, and your lender has the final say, so we disclose the rebate to them early rather than at the closing table.
No. It is paid as a credit at closing through the closing agent. Cash outside closing is how people create lender and disclosure problems, and we will not do it.
A commission rebate to a buyer is generally treated as an adjustment to the purchase price rather than income, which also reduces your cost basis. We are not tax advisors — ask yours.
Rebates assume the builder pays a cooperating commission of at least 2%. Below that, the rebate is reduced proportionally, and if a builder pays nothing we tell you before you sign anything so you can decide whether to proceed.
Then the builder will likely refuse to recognize us on that community, and no rebate is possible there. It is worth one text before your first visit.
Program terms
- The rebate requires a signed buyer representation agreement before touring, and TrueNorth registered as your agent with the builder on your first visit.
- It requires the builder to pay a cooperating commission of at least 2% of the purchase price; below that, the rebate is reduced proportionally.
- It is paid as a credit at closing through the closing agent and appears on the Closing Disclosure. It is never paid in cash outside closing.
- It is disclosed in writing to the builder, your lender, and the closing agent, per Rule 61J2-10.028(2), F.A.C.
- Your lender may limit or decline seller or interested-party credits. Lender approval is final.
- It is contingent on the transaction actually closing and on the builder paying the commission.
- This is not tax advice. A rebate generally adjusts your cost basis; ask your tax advisor.
One text before your first model tour.
Send us the communities on your list and we will register you today. After you walk in alone, it cannot be undone.
