Understanding Buyer Incentive
We believe that informed clients make confident decisions. This is designed to clearly explain our Buyer Incentive , including its purpose, eligibility, conditions, and process. Our goal is to ensure full transparency and compliance with TRESA, RECO advertising guidelines and REBBA.
What Is the Buyer Incentive?
The buyer incentive is a commission credit that may be offered to eligible buyers who successfully purchase a property with representation from the Angeles Real Estate Team.
The incentive is provided solely from the registrants’ earned commission after completed transaction.
Eligibility Requirements
To be eligible for the buyer incentive, the buyer must:
Enter into a valid Buyer Representation Agreement with the Angeles Real Estate Team
Complete a successful purchase transaction through Right at Home Realty, Brokerage
Comply with all contractual obligations
Meet all brokerage and regulatory requirements
Failure to complete the transaction or comply with the agreement with result in no incentive being payable.
Incentive Amount
Eligible Buyers may receive a commission credit of up to Five Thousand Canadian Dollars ($5,000.00). The actual amount may vary depending on:
The purchase price of the property
The commission structure of the transaction
Brokerage Policies
Applicable laws and regulations
The maximum amount stated is not automatic and not guaranteed. The Incentive is not guaranteed as it depends on a completed transaction, earned commission and compliance with brokerage policies and applicable laws.
When and How the Incentive is Provided
The Buyer Incentive is:
Provided only after a successful closing.
Payable only once the brokerage has received commission
Subject to brokerage approval
No cash is provided directly to the buyer prior to closing. The commission credit may be applied in a manner permitted by law and brokerage policy, which may include (where allowed):
A credit adjustment through the transaction - refers to a commission-based buyer incentive that is reflected as an adjustment on the statement of adjustments at closing, subject to brokerage approval, lender requirements and applicable laws.
Does NOT mean the buyer receives money early
Does NOT come from the lender
Does NOT reduce the purchase price
Does NOT mean commission is paid before closing
A post closing commission rebate - It means transaction has successfully closed and after brokerage has received the commission as credit or rebate.
Nothing happens before closing
No commission exists until the deal closes
No money is rebated unless commission is actually received
Commission credit or rebate does not exist if the deal fails
Important Conditions and Limitations
Please note the following important conditions:
The Incentive is subject to change or withdrawal at any time prior to a signed agreement
The Incentive cannot be combined with other offers unless expressly stated
The Incentive may be modified to comply with applicable laws or brokerage policies
The Incentive is void where prohibited law
Buyers are encourage to ask questions and seek independent legal or financial advice if needed.
Our Commitment to Transparency
We believe ethical real estate practice begins with clarity, honesty and informed consent. This Buyer Incentive is intended to provide additional value while fully respecting regulatory requirements and consumer protection standards.
If you have any questions about this Incentive or would like a personalized explanation based on your situation, we encourage you to contact us directly.
Contact Information
Angeles Real Estate Team
JAYSON ANGELES - Real Estate Salesperson
Email: jangelesrealestate@outlook.com
Text/Call: (647) 994-5246
MARIE JAIN ANGELES - Real Estate Salesperson
Email: angelesrealestate@outlook.com
Text/Call: (416) 857-5246
Website: www.angelesrealestate.ca
RIGHT AT HOME REALTY, BROKERAGE
480 Eglinton Ave. West Unit 30
Mississauga, Ontario L5R 0G2
