New York – Buyer Broker Who Pay Rebates
This is a list of buyer agents who will share part of their fee with buyers. The U.S. Department of Justice wants buyers to understand that buyer broker commissions are negotiable. They even have a buyer rebate calculator (click here) to show buyers how much they can save. Don’t forget to negotiate the other terms of your buyer representation agreement (click here to see some of our buyer friendly clauses). Prior to working with any brokers on this list, make sure to confirm that their rebate offer is still valid. If the lender does not approve of the rebate, consider asking your broker to waive the rebate portion of the commission being paid by the listing broker and having the seller reduce the price by the same amount.
Donating CAARE members are listed first and are permitted to include additional information.
Buying new construction in New York? Some people believe a builder might give them a better price on a new home if they don’t use an agent. However, the builder’s own company policy requires the price of the home to be the same – whether you have an agent or not. Many buyers don’t know this, but a 3% agent commission is built into the price of the home as a marketing expense. If you buy without an agent, the builder does NOT lower the price – they just pocket this 3% commission as extra profit. As your broker, I’m able to unlock this commission, help you negotiate the lowest price, plus rebate you 2.5% cash back (That’s 83.3% of our 3% commission).
Example:
$400,000 home = $10,000 rebate!
$500,000 home = $12,500 rebate!
$600,000 home = $15,000 rebate!
$700,000 home =$17,500 rebate!
$800,000 home =$20,000 rebate!
Offer valid for clients purchasing new construction with national builders (no resale homes) offering a 3% broker commission. If commission offered is less than 3%, rebate will be adjusted accordingly.
License Park Realty, dba Realty Connect
NY Broker # 10491212751
NY Firm # 10991239388
DISCOUNT: Rebate up to 2% of purchase price
Simply put, to save you money. We don’t believe brokers should average $30,000/transaction (each!) in NYC and we’re guessing you don’t either. We are trying to change what has been a very resilient industry and make NYC real estate more affordable.
Prevu is a tech-enabled brokerage on a mission to save homebuyers money. Search your customized property feed on Prevu’s end-to-end platform, make an offer with the transparent advice of an expert agent, and receive NYC’s largest commission rebate of up to 2% of your purchase price.
REBATE back to buyer: .25% of buyer broker commission
We are full-service real estate brokerage that offers SHARPLY DISCOUNTED listing rates for sellers and commission rebates to buyers in the Capital District and Saratoga Springs region of New York. Buyers typically receive at least $1,000 back after closing and sellers receive the same MLS and other services offered by full-price realtors, but save thousand of dollars on commissions.
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