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Realtor Rewards FAQs - What you NEED to Know
December 5, 2023
We value the realtors we partner with when selling our homes, which is why we have the Realtor Rewards Program. This program allows us to thank our realtors for selling our homes with a monetary value, and when you sell more homes, realtors can get MORE incentives.
Check out some of the FAQs we have put together that may clear up some questions people have about our Realtor Rewards Program:
FAQs:
Q: Do you raise prices on the homes when a realtor is included?
A: No! Our prices remain consistent whether or not a realtor is attached to the home sale.
Q: Can realtors get rewards on a Build-On-Your-Lot (BOYL) home sold?
A: Yes! Realtors still earn the same rewards on our Custom – Build on Your Lot homes.
Q: How do I notify Manuel Builders that I am involved in the sale of a home as the realtor?
A: To ensure Manuel Builders, the home buyer, and the realtor are all on the same page, the Guaranteed Commission Program Form needs to be signed by a representative of Manuel Builders, the realtor, and the broker. You can find the form on the Manuel Builders website under “Realtor Information”.
Q: When do I get paid my commissions as a realtor?
A: Commissions are paid once the home is fully funded.
Q: When is a home fully funded?
A: For our community homes, this is when the home buyer closes on the home. For our custom homes, this is at the time of slab pour.
Q: How much is a commission on a Manuel Builders home?
A: The commission is dependent on when and how many Manuel Builders homes are sold in a year. The timeframe is from January 1 to December 31 (we recently changed this!), and the amount of commission is based on how many homes are sold in the calendar year.
1st Manuel Builders Home: 2.5% Commission
2nd Manuel Builders Home: 2.5% Commission + $1,000
3rd Manuel Builders Home: 3.5% Commission
Q: What happens after I sell 3 Manuel Builders homes within a calendar year?
A: After the 3rd home is sold, you will receive the 3.5% commission on each one sold until the end of the calendar year.
Q: What happens if I sell one development home and one build-on-your-lot home?
A: That will count as two homes sold! Each Manuel Builders home sold (fully funded), whether it is a development home or a BOYL home, counts towards the total number of homes sold per year.
Q: How do I count my “sales” for the year?
A: Each time you are paid (once the home is fully funded), this counts as a sale for the year, and the number you should track as your quantity for the year.
Q: If I help sell a home in December 2023, but it is fully funded (closing date or slab pour date) in 2024, does this home count as a sale for 2023 or 2024?
A: This home will count towards your quantity of homes for 2024 because this is when the home was fully funded and when the realtor was paid.
More sales means more rewards! We are happy to partner with our local realtors to help more people find their dream homes.
Questions?We'd love to help guide you to your perfect home. Give us a call today!
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Manuel Builders is a family owned company that has been in business for over 64 years. We build residential homes on your lot and develop outstanding communities. We build in Lafayette, Carencro, Broussard, Youngsville, Erath, Kaplan, Ville Platte, Lake Charles, Sulphur, Westlake, Moss Bluff, Iowa, Dequincy, Duson, Scott, Maurice, Anchorage, Port Allen, Brusly, Addis, Baton Rouge, Scotlandville, Merrydale, Monticello, Central, Covington, Mandeville, Houma, Thibodeaux, Morgan City, Montogomery county, Conroe, the Woodlands, the greater Houston area, and surrounding cities in Louisiana and Texas. Manuel Builders reserves the right to make changes to speculative homes under construction. Colors, exterior finishes and square footage may vary from pictures, plans, and virtual tours. Elevation Renderings could include optional features that are not included in the base price. Prices also subject to change without notice.
