Buy a Home and Get Commission Rebates
Chances are pretty good you are wondering what it means when you read, buy a home and get commission rebates. Most people see the word rebate and assume you first have to fill out a mountain of paperwork, then if accepted, you have to wait forever to see that tiny amount of cash. This could not be further from the truth when it comes to the real estate rebates. RebatesonRealestate.com lays out all the information that you will need to see all the benefits of sitting down with a realtor and hammering out all the details for their clients that are looking for Charleston home rebates.
What is a Commission Rebate?
The realtor who sells a house gets paid a percentage of the final sale. That percentage is their pay for months of hard work trying to line up a buyer and seller and close the deal. Realtors have come up with a very creative way to attract new business and reward these buyers at the same time. A realtor could offer a commission rebate which is nothing more than a small slice of their commission paid to the home buyer at the closing of the house. Before you get scared when you hear a small slice, let’s take in more detail about the actual dollar amount.
The Commission Rebate Total
Like we said earlier, a realtor gets a percentage of the house sale price, so that number is never the same each month. To use an example, if a buyer was to close on a house that sold for $300,000 when all was said and done, the realtor would hand over a rebate check to the buyer in the range of $2,500 to $3,000 on average. Not so small a slice now is it? That is a huge amount of cash that you get free and clear for only working with the right realtors and closing on the house.
Using Your Real Estate Rebate
So when you get that rebate at the closing, you have the chance to do with the money anything you want. Perhaps you want to pay off the moving company after they unload all your belongings. Maybe you want to buy all new furniture in the house instead of using your outdated pieces. Some even go as far as stocking up the refrigerator and pantry with enough food to last until next month when the family is getting a paycheck again and bale to make ends meet one more.
So now when you see buy a home and get commission rebates, you are in a better position to take advantage.