Buy This Home and I'll Buy Yours (Move-Up Program)

As part of the Move-Up Program there are two transactions that must take place, (1) a purchase transaction in which the client is purchasing a home and (2) a sale transaction in which the client is selling a home, the terms for each transaction are listed below:

Purchase Transaction:

• Client must execute a valid VIP Agreement with the Reyes Team in order to participate in the Move-Up Program

• Client must purchase a property that is currently listed by the Reyes Team in order to qualify for the Move-Up Program

Sale Transaction:

• Client must execute a valid Listing Agreement with the Reyes Team for the property they are selling.

• The Listing Agreement shall allow the Reyes Team at least 30 days to list and market the home before Reyes Team executes a Purchase Contract to purchase the property. The Reyes Team reserves the right to bypass this step and purchase without listing on the open market.

• Client and the Reyes Team must agree on Purchase Price and terms of sale.

• Sale is subject to a Purchase Contract executed between client and the Reyes Team.

• The Reyes Team reserves the right to have the end buyer be a third party investor secured by The Reyes Team.

• Only valid on single family homes, Townhomes and Condos (no manufactured, trailers or land)

• The maximum purchase price shall be $1,600,000 in for a property in California

Your Home Sold for 100% of Asking Price or We Will Pay The Difference

• Client must execute this agreement along with a valid listing agreement with the Reyes Team

• The maximum amount of commission that can be refunded to the Client is limited to the listing side commission and has no impact on the buyers agent commission offered. 

Buy Back Guarantee

• Client must execute a valid VIP Agreement with the Reyes Team to purchase another home. 

• Client and the Reyes Team must agree on the Purchase Price and terms of sale. 

• Sale is subject to Purchase Contract executed between client and the Reyes Team. 

• The Reyes Team reserves the right to have end buyer be third party investor secured by the Reyes Team. 

• Only valid on single family homes, Townhomes, and Condos (no manufactured, trailers, or land.)

Your Home Sold Guaranteed Or We Will Buy It

• Client must execute this agreement with the Reyes Team allows the Reyes Team to market the property for a minimum of 90 days. 

• The Guaranteed Price must be determined by the Reyes Team and agreed to by the Client prior to listing the home on the market. The listing agreement will be updated to indicate the Guaranteed Price at that time. 

• Client agrees that the advertising price of the home maybe equal to or less than the Guaranteed Price.  

• If the property is vacant at the time of listing, the client shall be responsible for having the property professionally staged prior to photos being taken and the listing going live on MLS. 

• If the Reyes Team purchases the property after the 90 days on the market, the sale will be subject to a purchase contract executed between the Client and the Reyes Team. 

• The Reyes Team reserves the right to have the end buyer be a third party investor secured by the Reyes Team. 

• Only valid on single family homes, Townhomes, and Condos (no manufactured, trailers, or land). 

• The maximum purchase price shall be $1,500,000 for a property in California. 

Commission Back Guarantee

For Clients that are selling a property:

• Client must execute a valid listing agreement with the Reyes Team.

• Client is required to notify the Reyes Team in writing at least 3 days prior to Close of Escrow, that they wish to enact the Commission Back Guarantee due to a shortfall from the Reyes Team. 

• The maximum amount of commission that can be refunded to the Client is limited to the listing side commission. Enacting the Commission Back Guarantee by the Client shall have no impact on the Buyer Agent Commission offered as part of the sale, that will remain unchanged and shall still be paid to the Buyer's Agent. 

For Clients that are purchasing a property:

• Client must execute a valid VIP Agreement with the Reyes Team in order to participate in the Commission Back Guarantee.

• Client is required to notify the Reyes Team in writing at least 3 days prior to Close of Escrow that they wish to enact the Commission Back Guarantee due to a shortfall from the Reyes Team. 

• The maximum amount of commission that can be refunded to the Client is the Buyer's side commission due to the Reyes Team. 

• If Client is obtaining a loan to purchase a home the lender may require underwriting approval to approve the crediting of the commission to the Client in order to adhere to their lending guidelines.