Cashback real estate agents promise buyers money back after closing—but what could that rebate cost you during the transaction?
Ariel Kormendy and Adrian Trott discuss whether cashback is worth it when choosing someone to represent you in one of the largest purchases of your life. They examine agent experience, availability, negotiation skills and the difference between simply having a real estate licence and providing professional representation.
The conversation also covers buyer trust, misleading square-footage figures, the importance of a functional floor plan, automated real estate services, AI and where Ariel and Adrian currently see opportunities in the Ontario real estate market.
Whether you are comparing agents or preparing to purchase a home, this episode explains why the value of your representation may matter considerably more than the rebate offered at closing.
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0:00 Intro
0:55 – Why buyers ask for money back at closing
1:22 – “You get what you pay for”
1:58 – Does a cashback agent have the right experience?
2:24 – Part-time agents, availability and service
4:01 – The risk behind a $1-million transaction
5:05 – When poor real estate advice costs more
6:40 – Saving money now could cost you later
8:52 – Trust and guidance during the buying process
10:35 – The problem with advertised square footage
11:51 – Why floor plan matters more than the number
14:16 – What a professional buyer consultation should accomplish
15:23 – Automated service versus genuine value
16:48 – What informed consumers expect from an agent
17:58 – AI and the future of real estate professionals
18:59 – Ariel and Adrian’s current market outlook
20:52 – Outro/recap
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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.
Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT Media, KT Commercial, and our sister company, Renti, allowing us to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.
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