Last week LotandHome.com launched a new listing site focused on new homes and lots, but with a twist. Anyone can register with the site and get a “Rebate Voucher.” Bring the voucher to the builder and get a “cash back equaling 1% of the purchase price”. It's like a $1K coupon.
From the Press Release:
“Completely non-competitive LotandHome offers benefits to the buyer, the homebuilder and the real estate agent. Homes sold through LotandHome.com carry a three percent commission from the participating builders. The new homebuyer receives a 1% cash rebate, 1% goes into national advertising for the website and 1% is allocated toward operational expenses and profits.”
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