There is no cost to the buyer, because the seller pays the buyer’s Realtor. The agent gets a portion of a 2% to 3% commission paid by the seller to the agent’s broker.. A buyer’s rebate is paid to the buyer from the agent’s commission. The amount of the rebate can vary and there are certain limitations which can be explained by Julie Nesbitt.
Let’s walk through how this works by looking a specific property. 525 Armistead St #202 was built around 1967 and is one of several Contemporary homes in Saxony Square. 525 Armistead St #202 is advertised for sale at $232,500. Nesbitt Realty will pay a $648 to our client.
Wow! Totally Renovated Spacious 3 Beds & 2 Full Baths. SS appliances, Granite counter Top. Hardwood floors in all three bedrooms, dining room and living room. Private Balcony. Great location, Public transportation. Close to Pentagon & Metro. … [Read more]
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You’ll find the estimated rebate at the top of the each listing page.
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