Alright, let’s break it down in simple terms!

When you’re buying a home in California, there’s something called a Buyer Broker Agreement. This is a contract between you and the real estate agent helping you find a house. It says that the agent is working for you and will guide you through the home-buying process.

Now, let’s talk about how the agent gets paid, which is called the buyer broker’s fee. Usually, the seller of the house agrees to pay part (or all) of this fee to the agent helping you. But here’s the catch—if the seller doesn’t cover the entire fee, you might have to pay whatever is left. For example, if the fee is 3% of the home price, but the seller only pays 2.5%, you would be responsible for the extra 0.5%.

Here’s where a program like KeepYOUR3 can be a game-changer. Instead of the agent keeping the fee they get from the seller, this program gives that money back to YOU.

You can use it in all kinds of helpful ways:

• Lowering your closing costs (these are the fees you pay when you finalize the home purchase).

• Buying down your interest rate so your monthly payments are cheaper.

• Reducing the price of the home.

• Getting money for renovations or repairs.

It’s like getting a bonus that can save you a lot of money and make owning your dream home even easier. Does that make sense? 😊