The rebate will only be issued to the referred party. If you are a buyer, in some circumstances, your lender may not allow you to receive a rebate or may restrict the amount of rebate that the real estate agent/broker can provide. As a result, Blend Brokerage, Inc. dba Blend Realty (“Blend Realty”) recommends that you discuss the anticipated receipt of the rebate with your lender. You are not required to receive financing from the lender you are currently applying with in order to receive benefits of this program.
The rebate amount is subject to adjustment or cancellation if: (a) Blend Realty or its network agent/broker is prohibited from distributing the rebate or any portion thereof, (b) the transaction restricts commissions, including many new construction, “For Sale by Owner,” “For Sale by iBuyer,” and short sales, (c) the commission received by the network agent/broker is less than 1.75% of the sales price of the related home, (d) your lender, in its discretion, determines the rebate cannot be paid, or (e) Blend Realty, in its discretion, modifies these Rebate Terms and Conditions or discontinues this rebate program. Your agent can help you identify any transactions where the rebate would not be available through this program.
You must use an agent introduced through Blend Realty to complete your real estate purchase or sale transaction in order to receive a rebate under this program.
The real estate you purchase and/or sell must also be in an eligible state. The rebate offer is not available where prohibited by state law. Transactions in the following states are not eligible for a rebate through this program: Alaska, Alabama, Iowa, Kansas, Louisiana, Michigan, Missouri, Mississippi, Oklahoma, Oregon, and Tennessee. In New Jersey, you may receive a commission credit or seller credit at closing.
Other terms and conditions may apply. All real estate commissions are negotiable. This is not a solicitation if you are already represented by a real estate agent/broker.