Buying a home just got that much cheaper with real estate rebates. Even if this might be a seller’s market where the home seller sets the prices, you now have the ability to get back a huge chunk of change at closing if you work with a real estate agency that offers their customers the real estate rebates. The following information will show you how to buy a home and get commission rebates so that you can walk away from closing with some cash in your pockets.
How Does the Rebate Work?
The real estate rebate is a commission that the agent passes on to their customers for giving them their business. When a house is sold, the real estate agent gets a piece of the sale in the way of a commission. To help attract more business, they offer a small percentage of the money they make to the buyers at closing, in the form of a rebate check they can cash and do with whatever they please. In many cases these checks can be several thousand dollars going right into the hands of the people who need it the most.
Who Qualifies for the Rebates?
Everyone buying a house qualifies for the real estate rebate, in fact, all you need to do is ask the agent who you are going to work with if they offer rebates and how much. This is not something many agents advertise because they are giving up a nice portion of the money they work hard for. If you do put it out there, your real estate agent will tell you exactly what they can do and how much money you can expect back when the house closes.
How Can I Use the Rebate?
The rebate is cash, so you have the opportunity to really go crazy with your new windfall. Times can be tough those first weeks in a new house, so that money can be used to hire painters, pay for food, hire landscapers, pay deposits on utilities, pay a months mortgage, or just stuff it in the bank for a rainy day. The rebate is the real estate agents way of thanking you for the business and providing you something of value that you will use down the road.
So now you know how to buy a home and get commission rebates. Don’t let this unique opportunity to grab your share of the cash slip through your fingers. Ask your real estate agent about rebates today! Visit http://rebatesonrealestate.com for more information.