The concept is simple. If we lower the cost to both Buyer and Seller on a residential home sale, it speeds up negotiations and gets the deal done.
What is Project My Home?
Project My Home is a seller relocation program that offers credits to lower the cost of a Seller’s home sale. Buyers are offered a considerable credit to offset their closing costs and Sellers receive a large credit on their next home purchase(1).
How it works...
With every offer, there are only two scenarios. An offer that is acceptable to the Seller, and one that is not. Here's how we handle both to save you $!
Example 1 - Offer is exactly what the Seller wants
If offer is acceptable, then take it. The Seller will still get a large credit on the next home purchase.
Example 2 - Offer is not what the Seller wants
If the offer is not exactly what the seller wants, then there are (2) options.
1. Negotiate the offer knowing a rebate is coming on the next home.
2. Ask the Buyer Agent to speak to us about the Project My Home Buyer Incentive. Our team will explain how this lowers the cost to the Buyer and can help the Seller.
If Buyer switches, then we help with the credits, everybody wins.
If Buyer doesn’t switch, then you negotiate as normal. No harm, no foul.
Benefit to Buyer if they switch
Buyer receives a lender credit as a percentage of the amount financed(2). This also increases the net proceeds to Seller and helps get the deal done.
2% x Loan Amount lender credit if financing with a VA Loan.
1% x Loan Amount lender credit if using other financing.
What is the benefit to the Seller if the Buyer switches lenders?
Lender credit will help mitigate extra expenses incurred by the Seller(3).
Did you know that 10.4% of all buyers don't go to closing after contract acceptance? Protect your listing and ensure closing with Project My Home!
Call us at 571-249-5363 (or) email email@example.com