Our Rebate
Our typical buyer rebate of 60% - 66% of the total commission is higher than most discount real estate brokers.
These days, many buyers use the internet to search for a home and visit open houses without their Realtor® being present. If you are one of them, we think that since you are doing much of the work yourself, you should be compensated.
Here's how it works: Commissions are paid by the seller from the proceeds of their sale. Traditional broker commissions are usually between 5% - 6% of the home's price and are always pre-established between the seller and his/her broker in their listing agreement.
This amount is split between the seller's broker and the broker for the buyer. During escrow, you will receive a credit equal to all of our commission over 1%. (Minimum commission $6,000.) This means that you will usually save 1.5% - 2% of the purchase price. The table below shows your potential savings:
| |
Purchase Price |
|
Rebate |
|
| |
$600,000 |
|
$9,000 - $12,000 |
|
| |
$650,000 |
|
$10,750 - $14,000 |
|
| |
$750,000 |
|
$11,250 - $15,000 |
|
| |
$1,000,000 |
|
$15,000 - $20,000 |
|
| |
$2,000,000 |
|
$30,000 - $40,000 |
|
|