Get Cash Back on your purchase by joining our Buyer's Program!
We REBATE up to 50% of our Real Estate Commission to our Buyers*
Buy a home with us and receive a cash rebate of up to 50% of our commission. Home sellers normally offer a buyer’s agent commission of 2.0% – 2.5% of the purchase price. Your rebate could be up to 1.25% of the purchase price*
- The rebate will be applied as a credit to closing costs — Our rebate will be itemized on your ALTA settlement statement as a credit, requiring you to bring in less cash to close on your purchase.
- The rebate can be applied as a Credit to the Sales Price, with approval from the Seller
Is a California real estate commission rebate taxable? NO, real estate commission rebates are not considered taxable by the IRS. A rebate will reduce the cost basis of your home (the price you paid). For example: If you purchase a $1,200,000 home and we rebate you $18,000 your cost basis on your home would be $1,182,000. When you sell your home any profit would be based on that purchase price. We do not report a commission rebate to the IRS.
Is a commission rebate legal? 100% YES, The United States Department of Justice has a web page entitled “Rebates Make Buying a Home Less Expensive“. Ten states have enacted laws that forbid brokers from offering refunds, however California allows us to share our commission with you. (*50% rebate on resale home purchases – subject to a minimum commission of 1.25% to us)
Selling your home? Save BIG with our 1% Listing Fee…