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Real Estate Commissions Savings

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RebateLeads is a direct 0% referral fee platform for all Real Estate Agents



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Michigan

Real Estate Commissions and Rebates in Detroit, Wayne County, Michigan


Allows choice of brokerage services
Allows brokers to offer rebates to consumers
In May 2005, minimum service bills (H.B. 4849 and 4850) were proposed in the Michigan House of Representatives. The bills would have reduced consumer choice by prohibiting home sellers who enter into “exclusive service provision agreements” from choosing the services they wish to purchase.
Under exclusive service provision agreements, the broker must perform all of the following services, even if the seller does not want them: 1) accept and deliver all offers and counteroffers; 2) assist in developing offers, counteroffers, and other materials until a purchase or lease agreement is executed and all contingencies are waived; and 3) furnish the closing statement to the seller. H.B. 4849 and 4850 died in December 2006 when the Michigan Senate took no action on them.
In March 2007, new minimum services bills (H.B. 4416 and 4417) were proposed in the Michigan House of Representatives. Unlike their predecessors, these bills would allow consumers to waive services they do not wish to purchase, with the exception of receiving detailed closing statements. The bills were passed into law on April 9, 2008 and became Public Acts 90-08 and 91-08, respectively.

Please, visit https://www.justice.gov/atr/rebates to learn about your state laws or regulations affecting competition in real estate



RebateLeads advertises commissions savings and rebates in Detroit, Wayne County, Michigan as a unique service that is autonomous and does not rely on referral fees for revenue. Any posted savings on Real Estate commissions or commission rebates are advertisements only and not offers.

RebateLeads helps Real Estate Sellers and Buyers create "leads" indicating interest and forward said "leads" only to specific Agents they choose.

RebateLeads allows Real Estate Agents to advertise for Real Estate commissions savings and rebates they feel comfortable with in the current market, in order to expand, without a need to cut corners.

All commission savings and rebates information provided on our site is to the best of our knowledge; we strive to provide the most current and up-to-date info without any expressed or implied warranty.

All listed information, communications with users and advertisements is subject to full Terms and Conditions of our service.

RebateLeads is an Internet company, not a broker or a "middle-man."

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