Frequently asked questions
what areas do you cover?
We cover the entire Bay Area, even some parts of Sacramento as well.
what services do you provide?
We are a full service real estate brokerage and offer the same as a traditional broker but with us you save thousands of dollars. Most clients usually have a home in mind when they approach us, but if you need help identifying areas with the budget you have, let us know your "wish list" and we will pinpoint some areas which match your criteria. Once we identify a property, we will help you with the entire process from submitting offers, guiding you on inspections, and making sure you understand the next step until you get the keys.
are you fully licensed?
Yes, we are licensed with the California Department of Real Estate, (BRE # 01856690) and we are also members of the California Association of Realtors (TM) and the National Association of Realtors (TM).
who will i work with?
You will work directly with Sameer Punjani, Broker / Owner of Bay Area Home Rebate. He has over 18 years of real estate experience so you can be confident when purchasing or listing a home.
is there a cost to work with bay area home rebate?
There is no cost to work with us. We receive our commission at the end from the selling side of which we pass on 65% of what we make back to you.
can you help me request disclosures and reports for a property i like?
We sure can. We will also go over these disclosures and reports to see if there are any red flags you should look out for. Keep in mind, we are not experts but we do have some general knowledge from our past experience.
what does the 1.25% listing fee include when selling my property?
We offer what a traditional full service broker would offer including: open homes, color flyers, open house signs, and a for sale sign in front of your home. We would also include your listing on all the major real estate websites like Redfin, Zillow, Trulia and Realtor.com so you will get world wide exposure. We will also help you with disclosures, running data to see the best listing price, and getting pre-inspections done. We will also help you with finding a stager and professional photography as well and recommend necessary repairs before putting the home on the market.
i WOULD JUST LIKE TO KNOW A QUICK ESTIMATE OF MY VALUE, CAN i SEND YOU MY ADDRESS?
Sure, just email your address to firstname.lastname@example.org along with any improvements you made to the property. We will run a quick comparative market analysis and let you know of active / pending / sold listings in your area. We will email you back a value range of what we think the property will sell for. If you would like us to narrow the range down, we would be happy to visit your property so we can make the correct adjustments and come up with a solid market value. All this is free of charge.
if i want to buy a another home after selling mine, can you also help me?
Sure, we will transition you over from your old home to your new home at ease. Once we put your home on the market, we will also let the buyer agent know you may need a possible "rent back" This rent back allows you to stay in your property after you close escrow so you have time to transition over to your new place. Often, you pay the buyers daily mortgage payment as rent.
how are you able to share 65% of your commissions?
We have low overhead, using our paperless technology, all the documents are signed electronically saving you thousands of dollars. Most of our buyers find their own home doing their own research and visit the open houses on their own! Why not pass the savings on to you. The seller of the home usually pays anywhere from 2.5% to 3% of the purchase price. So on a $1,500,000 purchase, with a 3% commission, $45,000 total we are happy to rebate back $29,250.
when will i receive my cash back?
Once we close escrow, they wire the money to our account. We will then wire the the rebate to your bank account usually same day. If we get our funds before 1PM, we can send same day. A lot of our buyers usually buyer furniture, appliances, or even take a small vacation! It's up to you.
what are the restrictions on the cash rebate?
We would need to make at least $7,000 on each transaction. This happens when the commissions are reduced from the standard 2.5% or 3% to 2.25% or even a flat fee. We will make the adjustments and let you know how much cash back you will receive.