What is real estate rebate and how can I get rebate from my agent?

A real estate rebate is a financial incentive offered to a buyer by a real estate agent, where a portion of the commission earned by the agent is returned to the buyer. The rebate can be a fixed amount or a percentage of the commission. The amount of the rebate can vary depending on the specific deal and the agent's agreement with their brokerage firm.

To get a rebate from your agent, you would need to discuss this with them directly. Some agents may offer rebates as a standard practice, while others may not. Keep in mind that it's not a common practice in all countries or in all real estate markets. If an agent does offer a rebate, they will typically include the terms of the rebate in the buyer representation agreement or other contract, so be sure to read and understand the details of any such agreement before signing.

It's worth noting that buyer rebates are not legal in some states or countries, and if it's legal, it may have some restrictions. It's always advisable to check with the local laws and regulation before getting into any agreement, and consult with a local attorney if you have any doubts.

All agents on realiff.com offer rebates to sellers and buyers. Use our platform to find and contact agents and ask how much rebate you can get on your house purchases.

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