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What is a commission rebate?

What is a commission rebate?

A commission rebate involves the payment of a portion of the selling price of real estate back to the buyer. The payment comes from the commission paid to the selling brokerage (representing the buyer), by the listing brokerage (representing the seller). Realbate acts as your real estate agent in the purchase of a house, they ...

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Summary : Realbate acts as your real estate agent in the purchase of a house, they earn the first 1% of the commission they collect when they acquire real estate for you, and give you the balance of the commission - typically 1.5%.

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A commission rebate involves the payment of a portion of the selling price of real estate back to the buyer. The payment comes from the commission paid to the selling brokerage (representing the buyer), by the listing brokerage (representing the seller).

Realbate acts as your real estate agent in the purchase of a house, they earn the first 1% of the commission they collect when they acquire real estate for you, and give you the balance of the commission – typically 1.5%.

For me, this sounds pretty cool, since you earn some extra money without doing anything – basically.

Am I right?

About Emma G.

Working in the marketing industry since 2002. This blog is one of my hobbies.

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