Using HAR.com App you can scan this QR Code and instantly connect with me, W David Beutel.
$ 329,500 / Single-Family,
4 Beds , 2 & 1/2 Baths,
2,093 Sqft , Year Built: 1991 ,
MLS# 53236453 (HAR) /For Sale
Broker: Southern Homes
Yes, Texas agents can rebate (not "share") commissions. In the last 2 years I have personally rebated over $64,000 in commissions to my buyer clients. Per the Texas Real Estate Commission''s website: "It is not a violation of TRELA [The Real Estate License Act (Texas)] or the Rules for a license holder to rebate a portion of the license holder’s commission to a party to a real estate transaction..." (http://www.trec.state.tx.us/faq/faq-enf.asp#Cat29). The US Department of Justice advises consumers that rebates can make buying a home less expensive and benefit consumers by helping to increase competition (http://www.justice.gov/atr/rebates-make-buying-home-less-expensive). Only 10 states still prohibit rebates and the DOJ is working on them to reverse their stance on rebates. In 2005 the DOJ successfully sued the Kentucky Real Estate Commission to allow rebates. Very few agents offer rebates. Those few agents who do generally offer their services only to buyers who are prequalified for financing and have already identified the home(s) they want by researching MLS listings themselves at websites like HAR.com, Trulia.com, Zillow.com, and Realtor.com. In other words, rebating agents offer a value proposition that corresponds well to the needs and mentality of the growing group of consumers who are willing and able to find their next home online themselves.
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