New home commissions

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Old 04-19-2021, 11:23 AM
bobeaston bobeaston is offline
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Default New home commissions

Please note well: this question is about buying a newly listed new home in TV, not a resale.

Is there an agent/realtor commission or fee in addition to the advertised home price? If so, what is the rate?

I fully understand the use of commissions for resales, no matter whether listed by the villages or by MLS agents. This question is not about resales, but new homes sold through TV agents and advertised in the TV Homefinder pages.

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Old 04-19-2021, 11:30 AM
retiredguy123 retiredguy123 is offline
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The buyer does not pay a commission on any house listed by The Villages, new or resale. Commissions are paid by the seller.

Also, when you buy a new house, and pay cash, The Villages covers all costs associated with the transfer of ownership. The only costs that the buyer pays are prorations for the amenity fee, county taxes, bond, and maintenance fees, based on the date of sale. You can purchase an owner's title insurance policy, but that is optional.

Last edited by retiredguy123; 04-19-2021 at 12:10 PM.
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Old 04-19-2021, 12:09 PM
Mortal1 Mortal1 is offline
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By your query I'm guessing you haven't bothered using the search function for your criteria...please do so and you'll find the villages has a website of new homes for sale by villages realtors. It really is that simple.
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Old 04-19-2021, 07:25 PM
Dond1959 Dond1959 is offline
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There is no additional fee or commission on top of the price you pay for the home. Any commission paid to TV agent is taken out of the sales price.
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Old 04-20-2021, 03:54 AM
Laker14 Laker14 is offline
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You probably already know this, but there is a bond that is owed by the buyer, above the listed sale price.
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Old 04-20-2021, 07:01 AM
jdulej jdulej is offline
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Of course, the seller, knowing the rules, has taken into account all the fees when setting the selling price. As a buyer you do end up indirectly paying the fees.
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Old 04-20-2021, 08:53 AM
bilcon bilcon is offline
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What is the bond these days on designer homes in the new areas?
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Old 04-21-2021, 11:05 AM
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Bilyclub Bilyclub is offline
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Quote:
Originally Posted by bilcon View Post
What is the bond these days on designer homes in the new areas?
Almost $44,000 to $32,000 in District 13.

Amortization Schedules - Sumter
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Old 04-21-2021, 11:37 AM
Laker14 Laker14 is offline
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Quote:
Originally Posted by Bilyclub View Post
Almost $44,000 to $32,000 in District 13.

Amortization Schedules - Sumter
What accounts for the variation? Lot size?
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Old 04-21-2021, 11:43 AM
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Quote:
Originally Posted by Laker14 View Post
What accounts for the variation? Lot size?
Goldwingnut has all kinds of videos on things like bonds.

Bond Information and The Villages 5-30-19 Construction update - YouTube
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Old 04-21-2021, 08:34 PM
Laker14 Laker14 is offline
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Quote:
Originally Posted by Bilyclub View Post
Goldwingnut has all kinds of videos on things like bonds.

Bond Information and The Villages 5-30-19 Construction update - YouTube
Very well done video, and well explained. Thank you for referring me to the link.
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