reAlpha Buyer Incentive Disclosure Document
Updated on: September 6, 2024.
Our Buyer Incentive Program provides an exclusive offer to the next ten homebuyers transacting with reAlpha. Each qualified buyer will receive a $5,000 credit, which can be applied in one of the following ways:
- $5,000 credit applied toward the settlement statement at closing
- Up to $5,000 credit for an all-inclusive vacation
- $5,000 credit for a custom California-style closet
Eligibility:
- The incentive is available exclusively to the next ten buyers (after the date of publication of this disclosure document) who enter into a purchase agreement and successfully close on a qualifying property through reAlpha.
- To be eligible for the credit, buyers must transact with reAlpha and close on the property within the program period.
Program Details:
- $5,000 Credit at Closing:
- The $5,000 credit can be applied directly to the buyer’s settlement statement, reducing the amount due at closing.
- The credit will appear as a line item on the final settlement statement, subject to lender approval.
- If the remaining funds from the credit are not fully utilized in the closing costs, they will not be refunded or paid in cash.
- Up to $5,000 Vacation Credit:
- Buyers may opt for an all-inclusive vacation credit of up to $5,000.
- The vacation credit will be coordinated through our preferred travel agency partner.
- Any vacation package selected over $5,000 will be the responsibility of the buyer to cover the remaining balance.
- Vacation packages under $5,000 will not result in a cash refund of the difference.
- Custom California-Style Closet Credit:
- Buyers may choose a $5,000 credit towards a custom California-style closet.
- The closet design and installation will be managed through our partnered closet design company.
- Any design costs exceeding $5,000 will be the responsibility of the buyer.
- No cash refund or rebate will be provided for projects that total under $5,000.
Limitations:
- This offer is non-transferable and applies only to the next ten buyers who successfully close on their home purchase through reAlpha.
- The program cannot be combined with any other promotions or incentives.
- The choice of incentive must be selected before the closing date and cannot be changed after closing.
Expiration of Program:
- This program is available for a limited time and only to the next ten buyers transacting with reAlpha who complete their home purchase. The incentive expires once the ten qualified buyers have closed on their properties.
Legal Disclaimer: This offer is subject to change or withdrawal without notice at any time. All selections and uses of the $5,000 credit are final once the program is selected and cannot be refunded or exchanged for cash value.
Buyers must be transacting with reAlpha to qualify for this program. The $5,000 credit must be applied to one of the three designated options and cannot be split or used across multiple incentives. Buyers are encouraged to consult their legal and financial advisors before making decisions regarding the use of their credit.