Fort Carson Military Appreciation Home Buyer Rebate Program

Frequently Asked Questions

How much will I receive as my Military Appreciation Home Buyer Rebate?

You will receive 25% of the Realtor® commission we receive, and you will always know the amount in advance. For most new homes the Realtor® commission is 4.0% of the purchase price, and for most resale homes, it's 3.0%. Use this calculator to see how much money you're likely to receive.

Realtor® commission amounts do vary, they're not fixed. Commission amounts are often less than three percent for foreclosures, and commission amounts for short-sale homes are subject to lender approval. Some builders pay less than four percent for new homes. However, in all cases, you will receive 25% of the Realtor® commission we are paid, and you will always know the amount in advance when you make an offer on a home.

If you're a first-time homebuyer, or not fully acquainted with how Realtors® do business, as a home buyer you do not pay us -- as your Realtor® -- anything for our services. The Realtor® representing the buyer is paid a "co-operating" commission by the Realtor® representing the seller (or by the home builder).

How do I receive my Military Appreciation Rebate, and when do I receive it?

You receive your rebate at closing. Just let us know if you wish to have the money applied towards your closing costs, pre-paid expenses, or VA non-allowables, and this will be shown on the HUD-1 documents. Or, let us know if you prefer to receive the rebate in cash, and we give you a check immediately upon the completion of closing.

Is the rebate taxable income?

No, the rebate is tax-free, it simply reduces your taxable basis (cost). The rebate is not income. It's the same as a rebate when you buy a car or other merchandise.

How is it possible that you offer this Military Appreciation Rebate, when other agents do not?

As an independent real estate brokerage, we don't have to pay a percentage of our Realtor® commissions for franchise fees. We much prefer to give money back to our clients, and they sure enjoy receiving it!

Do I have to use a specific lender to qualify for the Military Appreciation Rebate?

No, you may use any lender. Any bank, any credit union, or USAA®, anyone you like!

Is everyone eligible for the Military Appreciation Program?

All active duty, retired military, civilian contractors, and government employees are eligible.