Real Estate Agents That Offer Commission Refunds & Rebates
Jan 11, 2024
If you’re considering buying a house, you’re probably researching things like home prices, mortgages, school districts or closing costs. But, have you considered how a home buyer refund might impact the purchase of your next property?
Whether you’re an investor or a first time buyer, it would be wise to research which real estate agents offer commission refunds in your area. If you’ve already begun working with a Realtor, you should understand how to negotiate a commission refund with your agent.
Agents That Offer Commission Refunds
One of the first brokerages to pioneer the concept of commission rebates was Redfin. The company began offering rebates to clients in the amount of 1% of the final price of the property. Over time, the company phased out the rebate as they became publicly traded and more focused on profitability. Today, Redfin provides a great mobile app and search experience but is no longer offer a commission refund, however they do provide a small credit if you opt to use their in-house mortgage lender.
SimpleShowing.com has filled the gap in terms of commission refunds throughout the Southeast – including states like Georgia, Florida and Texas.
When buying a home, the company provide up to a 1.5% commission refund on new construction properties and 1% on resale homes. On average, SimpleShowing gives buyers about $5,000 and has refunded more than $2M in commissions since 2018.
SimpleShowing Real Estate is a full service brokerage and represents buyers and sellers across multiple markets in the US.