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Showing posts from October, 2024

Homebuyer Rebate in California: What You Need to Know

Purchasing a home in California is a significant investment, and homebuyers are always looking for ways to save money during the process. One opportunity that savvy buyers often explore is the H omebuyer Rebate in California . But what exactly is a homebuyer rebate, how does it work, and how can it benefit you? In this blog, we’ll break down the essentials of homebuyer rebates in California, and how taking advantage of this little-known tool can help put money back in your pocket when you buy a home. What Is a Homebuyer Rebate? A homebuyer rebate , also known as a commission rebate or buyer rebate, is a portion of the real estate agent's commission that is given back to the buyer after the sale is completed. Typically, real estate agents earn a commission (usually between 2.5% to 3% of the sale price) when they represent a buyer or seller in a transaction. In a rebate scenario, the agent offers to give part of their commission to the buyer as a rebate. This rebate can help offset s