Habitat is different from traditional real estate agencies in that it only represents home buyers–never sellers–eliminating the conflict of interest that can occur when buying a home.
“Most buyers don’t realize how important it is to have proper representation in a real estate transation.” said Clayton Borchard, Broker of Record at Habitat. “Unless the buyer signs a buyer’s agreement with an agency, the fiduciary responsibility of those showing available home will always be to the seller. Their main objective is to get the house sold. At Habitat, our main objective is to get the buyer into the house that is right for them.”
In most cases, Habitat also rebates their commission directly to clients at closing. In turn, the company charges its clients a flat fee to handle the transaction. For more on how it works, click here. You can estimate your own potential rebate with their cash back calculator on their home page.
“Habitat’s cash rebates can be significant,” said Gerald DeNicola, a Habitat agent, Montclair resident, and one of the company’s founding partners. “On a $500,000 sales price, Habitat clients could receive up to $8,000 back at closing. What could be better than getting some cash in your pocket after making such a significant purchase?”
Habitat represents buyers looking for homes in Montclair, Glen Ridge, Bloomfield, Clifton, Cedar Grove, Essex Fells, Nutley and Verona. The agency’s offices are located at Academy Square, 33 Plymouth Street, Suite 206. For more on the company, log on to their website or their Facebook page.