Home buyer rebate
A home buyer rebate, or commission rebate, is when a real estate agent or broker shares a portion of the fee they collect on a transaction with the buyer.
Buyer rebates and cash rewards — which are similar, but distinct — can save you thousands on your home purchase. And they’re becoming more common throughout the industry.
Some real estate companies offer buyer rebates or cash back as a built-in benefit of using their service.
Clever Real Estate, for example, matches you with top local buyers agents and you can qualify for Clever Cash Back, which puts a check for 0.5% of the purchase price back in your pocket after closing. To put that in perspective, on an eligible $400,000 purchase, you'd get back $2,000 cash — no negotiations required.
Read more: https://listwithclever.com/home-buyer-rebates/
