|
Cash Rebate*:
The REAP gives you a cash rebate every time you buy or sell a non-commercial
residential property with the counselor-assigned REALTOR®.
The cash rebate shall be paid by CBRB Relocation Services
to the Program Participant within 30 days after the closing.
| Purchase or Sale Price |
|
Cash Rebate* |
| $50,000 - 99,999 |
|
$300 |
| 100,000 - 199,999 |
|
400 |
| 200,000 - 299,999 |
|
625
|
| 300,000 - 399,999 |
|
875 |
| 400,000 - 499,999 |
|
1,125 |
| 500,000 - 599,999 |
|
1,375 |
| 600,000 - 699,999 |
|
1,625 |
| 700,000 - 799,999 |
|
1,875 |
| 800,000 - 899,999 |
|
2,125 |
| 900,000 - 999,999 |
|
2,375 |
| 1,000,000 - 1,099,999** |
|
2,625 |
* Note: The ability to pay a cash rebate may be modified by state
law or prohibited in some states. These rebates are NOT available to employees
under a regular relocation plan where the company is paying relocation
benefits.
** If the purchase or sale price is more, the cash rebate will be incrementally
higher.
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