Earn Rebates with MyPocketBroker

Buying a Home using our Program

Buying a home should not be a fearful, difficult, or mysterious process. There are three basic steps:

Step 1- Find the home you like;

Step 2- Make the offer and negotiate the deal; and

Step 3- Approve and close the purchase

Once you’ve taken the first step and found the perfect home for you, we step in and handle the rest. Please continue reading to learn more about each of these steps …

Finding your Home

Online Search

You can search for homes via our site or any other site of your choice. How you find your next home is up to you. Our site however, is free and allow you to view all current MLS listings throughout the State of Florida. Just choose the criteria you'd like to search with and view your results. Once you find homes that you'd like to tour, you'll then have to do two things.

1) Register

First register with us. It's simple and in no way obligates you to purchase a home. It does however, allows us to create an agency relationship with you by becoming our client; and as our client, we will be free to represent you and your best interests and not those of the seller. We will also be eligible to receive a portion of the commission that the Listing Broker is being paid by the seller. Remember all of our buyer services are free to our clients, and the buyer's rebate is contingent upon receiving a commission from the seller.

2) Get a Pre-approval letter.

Getting one is easy, and it shouldn't cost anything more than $20 to pull a credit report. Just contact your local bank or any mortgage broker of your choice. Don't worry too much about who generates your pre-approval letter, you can shop for the best lender later. Having one will add credibility to you and your offer if it’s presented. Keep in mind, that the letter in no way obligates you to use that particular mortgage broker or lender.

Tour Homes

Visit Open Houses, tour model homes by new home builders, or just cruise the neighborhood. There are many ways to stumble across those hidden gems, and we at MyPocketBroker want to be there when you do. Just print off our business card and have it available for the listing agent upon your initial visit. You must make it clear that you are currently using a broker (MyPocketBroker) in order to qualify for the rebate. Please note: We cannot offer our services if you are obligated to work with another broker on a property purchase.

Private tours from listing agents

If you want to see a property, contacting the listing agent to arrange tours is easy. His or her name and telephone number appears at the bottom of the page below the property description. You can even contact them by email.

When you call the listing agent to arrange a tour, identify yourself as a MyPocketBroker customer and ask if the listing agent or seller has time to show the property. Use the script below and that usually does the trick.

Before your appointment we will provide you with our business card that you can leave with the listing agent.

If you have any trouble scheduling a tour with a listing agent, just call us as 407-444-5637.

We'll make sure you get into the property!

Making the Offer and Negotiating the Deal

Chat with Us

Once you’ve decided to take the next step, please contact us. We will then help with the necessary paperwork and review the details with you. Our goal is to answer any questions that you may have and to negotiate the best deal for you. We'll also look at some comparable's to help with the preparation of the offer price.

Once we prepare the offer we will send it back to you for your review and signature. Once the paperwork is signed and sent back to MyPocketBroker, we will then submit the offer to seller’s agent on behalf of you, the homebuyer.

MyPocketBroker will immediately notify the homebuyer when the offer is accepted, countered, or rejected. If the offer is countered, the homebuyer can see what terms and conditions have changed and submit a counteroffer of their own. This process continues until a final offer is accepted, and both parties sign the same offer documents. This is known as "Mutual Acceptance".

Upon reaching mutual acceptance you (the buyer) have to come up with earnest money specified in the offer, typically one to three percent of the purchase price which is held in escrow by a neutral third party. In most locales, you have two business days after mutual acceptance to come up with the earnest money, so you shouldn't make an offer without some cash on hand. MyPocketBroker will help you deposit your earnest money with the appropriate escrow company.

Closing the Deal

MyPocketBroker handles all the paperwork, guiding you through the mortgage process, inspections, title insurance, and escrow.

Contingencies

Just because your earnest money is held in escrow doesn't’ mean that you have to buy the property. It could turn out that the bank won’t loan you the money for the property because its appraiser believes it’s overpriced; or your inspector may discover that the property has problems that wasn't apparent when you originally agreed to buy the place. If you can’t get a loan, or if the seller refuses to address the problems identified by the inspector, the contingencies in your offer can give you a way to recover your earnest money and call the deal off.

Usually the inspection is an occasion for a second negotiation between you and the seller, as the two of you haggle over whether a particular problem with the property warrants a lower price, or should be repaired at the seller’s cost. MyPocketBroker represents you in these negotiations; if repairs are made, you typically have the option to visit the property to ensure it was done to your satisfaction.

The mortgage is less likely to come into play as a contingency, but the logistics are such a hassle that it can prevent your deal from closing on time; you not only have to get an appraisal but also home insurance before you move in, and you’ll have to provide all the information your lender requires in a timely way. For these reasons, please get started on the mortgage and the inspection as soon as the seller accepts your offer. You can use whomever you like, and please feel free to see the information under our Resources Tab for additional help.

Escrow

Once we’ve addressed all the contingencies and the deal is ready to close, the escrow agent takes over. An escrow agent is a neutral party who facilitates the safe exchange of your money (and the lender’s money) for the seller’s title to the property. You’ll sign all the final paperwork at the escrow agent’s office, with support from MyPocketBroker as needed. The seller usually turns the keys over to the listing agent, who either brings them to the closing, or leaves them with the receptionist at his office for you to pick up.

Your Savings

MyPocketBroker refunds two thirds of its commission, either by lowering your down payment via a credit on the settlement statement or by issuing a check post closing. Please allow us 7 days to process the check after the closing date. That's it, that's our program. You find your dream home and we help with the rest. Our buyers services are free ,and you get paid for your own efforts.

Put money and the power of a Broker back in your pocket. Get started today!

A smarter way to buy your next home

•If you need legal or tax advice, you should consult with the appropriate professional. The rebate is available only to buyers who close escrow/proceed to final settlement with MyPocketBroker acting as their sole and exclusive agent in the purchase of real estate. Occasionally, the seller and/or listing broker in a transaction will offer the broker representing the buyer a bonus or other additional incentive over and above the cooperating brokerage commission. Any such bonuses or other additional incentives are separate and apart from the cooperating brokerage commission actually received by MyPocketBroker and buyer is not entitled to a rebate on any bonus or other additional incentive monies paid to MyPocketBroker over and above the cooperative broker commission. Unless written permission is granted by MyPocketBroker. The amount of the cooperating broker commission received will vary on individual properties. The rebate will be paid or credited to the party or parties named as the "buyer(s)" or "borrower(s)" on the HUD-1 Closing Statement or equivalent official closing statement. In the case of an IRC §1031 Tax Deferred Exchange ("Exchange"), the party named as the "buyer or borrower" is the Qualified Intermediary (the "Exchange Company") and the rebate will be paid or credited to the Exchange Company for the benefit of the party conducting the exchange (the "Exchanger"). All buyers, or in the case of any Exchange, the Exchanger must sign a Rebate Agreement before any rebate will be issued. This rebate program is only available where permitted under state and federal law and when not otherwise prohibited by the buyer's lender(s). There may or may not be tax consequences to the rebate. Offer subject to conditions, limitations, exclusions, modifications, and/or discontinuation without notice.

MyPocketBroker LLC is a licensed Real Estate Broker within the State of Florida

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A service of MyPocketBroker LLC, licensed Real Estate Brokers

"Putting the Power of a Broker and Money back in your Pocket"

"Hello,

I'm calling to arrange a showing of a property you are selling.

Do you have time to show me the property?"

"I'm potentially interested in making an offer on this property. I am using MyPocketBroker as my real estate broker to represent me and to prepare the necesasry paperwork , negotiate and to help facilitate with the rest of the transaction."