Answers to some of the
most frequently asked questions regarding the BuyersTaxi.com program
are below.
If you have additional questions, simply contact us by phone at (714)
791-6026 or by e-mail at TriStarRealty@cox.net.
1)
What is BuyersTaxi.com?
BuyersTaxi.com is an innovative home-buying
program offered by Tri-Star Realty. We believe the program offers unprecedented
and unparalleled value to home buyers. The program is designed for you
to save as much money as possible on the purchase of your home. Basically
it works like this:
A) You Get Pre-Approved
for a Home Loan
This is an important step to understand what you can afford and
make sure that your offer is taken seriously by the home seller.
Please be sure to check out our Flat
Fee Loans
page to see how we can assist
you in obtaining financing. We are confident that our loan program
is likely your most cost-effective option to obtain a home loan.
B) You Use Readily Available
Resources to Find and Tour Homes
Readily available resources include our Search
the MLS page, open houses, listing agent tours, BuyersTaxi.com
tours, etc. Please view our
Tour
Homes page for
more detail regarding your options to tour homes of interest.
C) Tri-Star Realty Represents
You in Your Real Estate Transaction
Just contact us for a Buyer Agency Agreement form. We will provide
guidance on offer price and terms, prepare and present your purchase
offer, negotiate on your behalf, coordinate all inspections, coordinate
with your lender and escrow, complete required documentation,
and otherwise move your transaction to settlement.
D) We Give You a Cash Rebate
of up to 2% of the Purchase Price of Your Home
It is just that simple. Getting a cash rebate on your home purchase
does not get any easier than this. |
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3)
Is BuyersTaxi.com a Licensed Real Estate Brokerage?
BuyersTaxi.com is a program offered
by Tri-Star Realty, Inc., a full-service real estate
and mortgage brokerage. Carl Wuestehube is broker/owner of Tri-Star
Realty. Mr. Wuestehube is licensed by the California Department of Real
Estate as a Real Estate Broker (DRE
Broker License No. 00634943)
4)
Can You Assist Me In Getting Pre-Approved For a Loan?
Yes. To get started, just click
the Flat
Fee Loans
tab on our website. We work with over 30 lenders and offer very competitive
rates. The best part is our fee structure. We charge a flat fee of $2,500
to procure your loan. Our fee structure is not based on a percentage
of your loan amount. Contact us today and we will assist you in evaluating
available loan programs and obtaining a home loan that effectively meets
your needs and financial situation.
5)
Why Do I Have to Pay for a Home Tour?
You don’t have to. We provide
the first home tour (maximum of 4 hours) free of charge. After the free
home tours, additional home tours are provided for a flat fee. We believe
our fees for home tours are very affordable, especially when considering
the Buyer Cash Rebate program we offer. If you wish to tour homes without
our assistance, you can likely view homes by attending open houses or
by requesting a private tour from the listing agent. To determine if
and when an open house will be held, or to obtain the contact information
for the listing agent, simply contact us by phone or e-mail and we will
get right back to you. If you wish to participate in our Buyer Cash
Rebate program, it is very important that you inform all real estate
agents that you intend to have Tri-Star Realty represent you in your
real estate transaction. You must notify the agent upon initial communication
and before you view the home.
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You will pay
for home tours only if you choose BuyersTaxi.com to show you homes.
We have ready access to nearly all the home listed in the MLS and have
extensive expertise to answer your questions and provide you guidance
while touring homes. Our charges for home tours are as follows
A) Single
Home Tour $125.00
B) 4-Hour Tour $250.00
C) 8-Hour Tour $450.00 |
We acknowledge
that it may seem surprising to pay for a home tour at all, but we believe
that you will agree that our fees are very affordable when compared
to the 2.5-3% commission typically paid to a buyer's agent.
6)
If I Use BuyersTaxi.com for Tours, Am I Obligated to Use You
As My Agent?
No. Our home tour program is simply
a service to get you into the homes you want to view. However, we would
be delighted represent you as your buyer’s agent; and rebate you
back up to 2/3 of the commission we receive from the listing agent.
We do highly recommend that you enlist our services to represent you
in the transaction. In our experience, the only thing more difficult
than getting the listing agent to show you the home, is getting the
listing agent to hand you over a portion of their commission. As a licensed
real estate brokerage and a member of the MLS, we already have an agreement
with the listing agent to share the commission. By using us to represent
you in the transaction, you not only get expert advice and negotiation
assistance, you also get a rebate of up to 2/3 of the commission we
receive.
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7)
What Do You Mean “Up To” 2% of the Purchase Price
of Your Home?
We have a minimum fee of $2,000
for buyer representation. As long as the commission offered by the listing
agent is $6,000 or more, we give you 2/3 of the commission as a rebate.
If the commission offered by the listing agent is less than $6,000,
we rebate you everything over our $2,000 minimum fee to We have a minimum
fee of 1% of the purchase price for buyer representation. As long as
the commission offered by the listing agent is 3% or more, we give you
2% of the purchase price as a rebate. If the commission offered by the
listing agent is less than 3%, we rebate you everything over our 1%
minimum fee.
8)
Can I Use BuyersTaxi.com If I Am Currently Working With A Real
Estate Agent?
If
you are already working with a real estate agent to represent you in
the purchase of a home, we recommend that you continue working with
your agent to view homes and make an offer. If you feel that your real
estate is not adequately servicing your needs, we recommend that you
discuss this situation with your agent and try to reach a resolution.
In the event that you have ended the relationship with your agent and
wish to consider BuyersTaxi.com to service your needs, just give us
a call.
9)
How Do I Find Out How Much Money I Will Get Rebated?
Your rebate depends
on the purchase price of the home and the buyer’s agent commission
offered by the listing agent. Buyer’s agent commissions are typically
2-3% of the purchase price. The MLS does not allow us to provide the
commission offered by the listing agent to the public through our MLS
search page. However, our office has access to this information and
you are welcome to call us and ask.
10)
When Will I Get the Commission Rebate?
We typically credit your rebate toward
your closing costs during the escrow process. This way you pay less
“out of pocket” costs for the purchase of your home. If
the rebate amount exceeds your closing costs, we provide you with the
excess by check after closing. You will typically receive a check for
the excess within 2 weeks of the close of escrow. This is our typical
structure for payment of your rebate. We are able to coordinate an alternative
arrangement at your request. For example, you may wish to apply the
rebate toward payment of the listing agent’s commission in exchange
for a lower purchase price. A lower purchase price could save you money
in property taxes.