Talking about lowering or sharing commissions in the real estate industry is a rather taboo topic. The industry standard allows both the buyer’s and seller’s real estate agent to accept 3% commission on the sale or purchase of a new home. Although sharing the commission with a buyer or seller is perfectly legal in the state of Texas, most real estate brokers would rather not. Why? It’s obvious, they want to keep the full 3% for themselves and that’s fine, except that in many cases, the more educated homebuyer has already done most of the legwork and has already identified areas, neighborhoods, builders and sometimes have even zeroed in on homes of interest. All of this hard work on the buyer’s part makes my job very easy. Once we find the right home, I negotiate with the builder, review contracts and advise throughout the process. Because my buyers have done so much of the work already, I’m able to in turn, share the majority of my commission with my buyers. I honestly feel that they deserve it!

Commission rebates are applied directly at closing as a credit from your agent. It’s simple, according to the Department of Justice,

“Rebates make buying a home less expensive.” … Read More