Lease Buyout Program
Newmark offers a Lease Buyout Program for potential buyers that still have time left on their lease. We will use the commission from the sale of the new home to buy you out of your lease.
Here are the basic steps that we take with a potential buyer:
- We will examine your lease (free & 100% confidential).
- As long as the new home commission covers the amount we have to buy out your lease, we can do it.
- We give you a contribution out of our commission at the new home closing to cover the amount of the buyout.
- We can credit the money on the closing statement or give you a check after closing, whatever works best for you.
- We do not contact the landlord/property management.
- For more details, please ask a community sales manager for more details.
*Newmark works with a preferred partner that offers these programs. At this time, these programs are only offered in Houston.