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Helping New Home Buyers Achieve Their Dream By Assisting With The Sale Of Their Current Home


FREQUENTLY ASKED QUESTIONS

 


 


What does it cost me to enjoy the benefits of working with the NHBAN?
There are no costs charged to you by the NHBAN for our services.

Are there any costs to builders or brokers for membership in the NHBAN?

There are no costs charged to builders or brokers for membership in the NHBAN.

What source of revenues supports the activities of the NHBAN?
Revenues to support the NHBAN are generated through traditional referral fees paid by brokers on closed transactions only. Therefore, our success is tied directly to your success, since the NHBAN receives no payment for our efforts unless your home sells.

Does working with an NHBAN Certified Broker increase the costs charged for listing my home?
The simple answer is no. In the business of real estate, the structures of commission splits, including referral fees, follow agreements well-established throughout the industry. Additionally, one of the most important conditions of broker certification by the NHBAN is the assurance that marketing fees charged are competitive for your market.

What assurances do I have that my NHBAN Certified Broker will professionally handle the marketing and sale of my contingent home?
The requirements established by the NHBAN for broker certification are designed to assure your home will be marketed and sold professionally in every respect. All NHBAN Certified Brokers must:

  • Prepare a written, comprehensive Comparative Market Analysis to help you better determine the best asking price and overall marketing strategy.
     

  • Develop and implement a customized marketing plan designed specifically to create the positive market exposure necessary to help you sell your home most successfully.
     

  • Provide consistent, responsive communication and customer support through all phases of the selling process, including listing, marketing, selling and closing.
     

  • Be properly licensed and insured to conduct real estate business in the state in which they practice.
     

  • Maintain membership in good standing in National Association of REALTORS® and conduct their real estate activities in conformance with the REALTORS® Code of Ethics.

What if, after my initial meeting, I feel the NHBAN Certified Broker is not the best choice for me?
We understand that due to personality characteristics and other factors, it’s possible that you may not feel comfortable with the broker we refer. In this case, simply contact your NHBAN Assistance Specialist, who will be pleased to arrange a meeting with another NHBAN Certified Broker, until we have found the broker you feel will help you most successfully sell your home.

Once I meet with an NHBAN Certified Broker, is there any obligation to enter into a marketing agreement?
You are under no obligation to enter into an agreement with any broker introduced to you by the NHBAN. However, considering the care applied to the selection process, as well as the high level of professionalism consistently delivered by our NHBAN Certified Brokers, we’re confident you’ll find the broker we refer to be more than qualified to help you successfully sell your current home.

If I choose an NHBAN Certified Broker to market my home, what guarantee do I have that my home will be sold at a price I find acceptable?
As in the case with any broker you might hire, unless you have entered into a structured guaranteed buy program, there is no guarantee that your home will sell at a price you feel is acceptable. The successful sale of your home is relative to many market factors beyond anyone’s control, as well your expectations regarding the fair market value of your property. However, by introducing you to a broker with a proven track record of professionalism and success in your specific market, and establishing minimum standards of performance, the NHBAN can significantly increase the likelihood that you enjoy a successful sale.

Why doesn’t my builder refer me directly to a local broker to help me sell my current home?
In some cases, your builder may feel it appropriate to do so. Many builders, however, recognize that just as their contacts and expertise allow them to better identify subcontractors and suppliers who provide the highest quality at the most competitive prices, the NHBAN maintains the contacts and expertise to best help you identify a highly qualified broker. Further, as a licensed broker, the NHBAN is better positioned to enter into an agreement with our Certified Brokers establishing specific requirements designed to increase the likelihood of a successful sale for you.

What information about me does the NHBAN share with my builder?

Although the status of the sale of your contingent home is usually important to your builder, no information is provided by NHBAN to your builder without your permission. To minimize problems relative to the timing of closings and occupancy, we encourage you to discuss your builder’s concerns in this area and to maintain regular communication regarding the sale of your home.


What information about me does the NHBAN share with others?
Information you provide us is not shared with any person or entity outside of the New Home Buyer Assistance Network™ without your explicit permission. Please see our Privacy Statement for further details.

Please don't hesitate to contact us with any additional questions you may have.

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BUYERS BUILDERS FAQ's COMPANY INFO CONTACT US FORMS
The New Home Buyer Assistance Network
2222 Colony Plaza, Newport Beach, CA 92660
800.428.1122 · 949.706.3500 fax 949.706.3502

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