How the rebate works:
Commissions are paid by the seller and are usually 5% of the home’s price. They are pre-established between the seller and his/her broker before the property goes on the market and the percentage is shown on the MLS.
The commission is shared between the seller’s and buyer’s broker, which generally means 2.5% to each side. We rebate 1% of the final sales price to you. (Our minimum commission is $8,500.)
Typical rebates based on a 2.5% commission: