Question 1

How does the buyer credit work?

Accepted Answer

When you buy a home, the seller typically pays a buyer's agent commission. As your licensed broker, Andrew A. Persaud returns up to 1% of the purchase price back to you as a credit at closing — disclosed on the Closing Disclosure and subject to lender approval.

Question 2

How much can I get back at closing?

Accepted Answer

You can receive up to 1% of the purchase price back at closing. On a $500,000 home, that could be up to $5,000 credited back to you — reducing your closing costs or lowering your purchase price.

Question 3

Do I still get full representation with a buyer credit?

Accepted Answer

Yes. You receive full licensed buyer representation — offer strategy, negotiation, escrow management, and closing coordination — plus the buyer credit. Andrew A. Persaud is a licensed Florida Broker-Associate (BK# 534097) and Mortgage Loan Originator (NMLS# 2026258).

Question 4

Which areas of Florida do you serve?

Accepted Answer

We primarily serve Broward County South Florida including Weston, Miramar, Pembroke Pines, Plantation, Hollywood, Pompano Beach, Margate, Sunrise, Parkland, Lauderhill, Hallandale Beach, Lighthouse Point, North Lauderdale, and Lauderdale-By-The-Sea.

Question 5

Is a buyer credit legal in Florida?

Accepted Answer

Yes. Buyer credits are fully legal in Florida. The credit is disclosed to all parties on the Closing Disclosure, requires lender approval, and is only available with a signed Buyer Representation Agreement. BK# 534097.