It’s possible to get a discount on your real estate purchase AND work with a family-run small business with deep local connections. In general, buyers don’t pay for a Realtor. Your agent’s commissions are paid by the seller.
You might wonder how the buyer’s agent makes money if the buyer doesn’t pay any fee or commission. When the sale occurs the buyer’s agent is paid a commission on the sale. This commission usually ranges from 1% to 3% of the sale. A buyer’s rebate is paid to the buyer from the agent’s commission. Only a handful of brokerages (large or small) offer to rebate commissions, but all of them have certain terms and conditions. These are described in your representation agreement.
Take for example, 407 Alfred St to see how much you can save in the City of Alexandria County on your purchase. 407 Alfred St Alexandria VA 22314 is in Carriage Works and the 22314 Zip code. 407 Alfred St is listed for sale at $950,000. Julie Nesbitt and Nesbitt Realty will credit $5,897 to you when you use Julie Nesbitt as their buyer agent.
JUST LISTED – OPEN HOUSE SUN. 7/2; 2-4. Gorgeous, custom townhome located on a serene, tree-lined street in the middle of Old Town! Numerous upgrades & premium finishes. Airy, 2-story living room & dining area flooded w/ natural light from … [Read more]
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You’ll find the estimated rebate at the top of the each listing page.
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