A buyer rebate can help you save thousands of dollars in a single transaction.
| Buyer pays $300,000 for home. Purchase price includes 6% commission as written in the listing agreement. | |
| 3% to buyers broker is $9,000 | 3% to listing broker is $9,000 |
| Buyer’s broker pays 2% rebate to buyer | – |
| Buyer’s rebate is $6,000 in savings | – |
A buyer’s rebate can only be issued by the buyer’s broker because the listing broker represents the seller.
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