With California home prices at record highs, buyers are looking for smart ways to cut costs. One effective strategy is using a Buyer Agent Commission Rebate, a portion of your agent’s commission returned to you at closing, helping offset expenses and make homeownership more affordable. What Is a Buyer Agent Commission Rebate? When a home sells, the buyer’s agent typically earns 2.5%–3% of the sale price. Some agents share part of this commission with the buyer, lowering your out-of-pocket costs. How It Works Choose a real estate agent who offers rebates. Work with them to find and purchase your home. At closing, receive your rebate—often applied to closing costs, home improvements, or as cash back (subject to lender rules). How Much Can You Save? On a $500,000 home with a 1% rebate, you’d get $5,000 . On a $1,000,000 home with a 1.5% rebate, you’d save $15,000 . These funds can cover moving costs, upgrades, or even help you choose a better home. Key Benef...
New construction rebates help homebuyers save thousands when purchasing a brand-new home, making that dream property more affordable than ever. Did You Know? According to the National Association of Realtors (NAR), over 34% of all homebuyers in 2023 chose newly built homes. However, many didn’t realize they could have benefited from a New Construction Rebate, a cash-back incentive offered to buyers who work with qualifying agents. This rebate can return a portion of the commission, often amounting to thousands of dollars, back into the buyer’s pocket. What Is a New Construction Rebate? A New Construction Rebate is a financial incentive offered to homebuyers when they purchase a newly built home using a real estate agent who offers rebate programs. Typically, a portion of the buyer’s agent’s commission is returned to the buyer after closing. This rebate can help: Cover closing costs Reduce out-of-pocket expenses Offset moving or furnishing costs Improve buying power Why Builders Allow ...