Uploaded on Jul 30, 2022
If you are looking for the best home buyer rebate program in Maryland & Washington DC, then look no further than Magnolia Realty! We’ll represent you as a buyer’s agent and get you a rebate of up to 1.5 percent of the sales price at closing. More info visit https://www.magnolia-realty.com/buy-a-home/
All the Information You Need To Know About Home Buyer Rebate
All the Information You Need To Know About Home
Buyer Rebate
https://www.magnolia-realty.com/buy-a-home/
A home buyer rebate is a portion of the commission that a real
estate agent gives back to their client after a home is purchased.
Some companies refund a set amount no matter what price was paid
for the home, while other companies offer varying percentages
depending on what was paid.
Houses in suburb with Spring Blossom in the north America. Luxury
houses with nice white and pink coloured landscape.
Where does the money for the homebuyer refund come from?
Understanding where the money for a buyer refund comes from can
be very confusing. Let’s break down the basics of real estate
commission first. A typical commission on a home sale is 6% of the
total sales price, which is then split between the buyer’s agent and
seller’s agent. So if you are buying a $300,000 home, one agent
would typically make a 3% commission or $9,000 on this home. The
rebate is taken out of the commission that the buyer’s agent
receives.
What’s the reason a real estate agent might want to refund a
portion of their commission?
Many real estate agents and brokers offer reduced commissions as
an incentive to new customers. It’s usually because of the cost of
marketing and advertising, which is often higher than other business
expenses like office supplies or utilities. An agent who offers a
discounted commission is generally trying to acquire more customers
by offering an advantage over competitors, so they can make up for
their lower commission with increased sales volume.
Collaborate With Magnolia Realty for The Best Home Buyer
Rebate:
If you are looking for the best
home buyer rebate program in Maryland & Washington DC, then
look no further than Magnolia Realty! We’ll represent you as a
buyer’s agent and get you a rebate of up to 1.5 percent of the sales
price at closing.
We will rebate your closing costs at settlement, reducing the cost of
your home purchase by 1% (when seller offers a 2.5% commission)
— or by 1.5% (when seller offers a 3% commission). Call us now if
you want to enjoy the best Buyers Rebate in Real Estate! Reach us at
240-793-2861!
Contact us:
Magnol ia Realty Home Buyer Rebates
A ddress:
17604 Park ridge Dr, G aithersburg, M
aryland P h o ne: 301 - 775 - 0175
Co u ntry: U S A
E m ail - ay a@ magnolia- realty.com
Web - h ttps:// www.magnolia - realty.com/
S tay w i th u s :
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