The amount of money you can expect to get back in a commission refund can vary depending on the agreement you make with your real estate agent, the commission rate, and the sale price of the home.

Typically, commission refunds are a percentage of the commission paid to the agent. For example, if the commission paid to the agent is 3% of the sale price and the commission refund is 1%, the buyer would receive 1% of the sale price back at closing.

For example, let's say you are buying a home for $300,000 and the commission rate is 3%.

• The commission paid to the agent is $9,000
• If you negotiate a commission refund of 1%, you will get $3,000 back
• If you negotiate a commission refund of 2%, you will get $6,000 back

It's important to note that not all real estate agents or brokerage firms offer commission refunds, and some buyers may not be aware that this option is available to them. It's important to ask your agent if they offer commission refunds, and to negotiate the terms of the refund if it is something you are interested in.

Additionally, commission refund can also be offered in a different way, for example, some agents or brokerage companies offer a reduced commission rate instead of giving a refund after closing, or some companies use this as a marketing strategy to attract buyers and set themselves apart from their competitors.

It's also important to be aware that a commission refund may not be the best option for you, and it's always a good idea to compare the commission refund with other incentives or discounts that may be available. It's also recommended to consult with a financial advisor before making any decision regarding a commission refund.