Real Estate Rebate
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So What Is A Real Estate Rebate?
 A real estate rebate (or commission refund) is exactly that - a portion of the real estate commission that is paid to the licensed real estate brokers, rebated back to you, the buyer or seller.
The only people allowed to be compensated in a real estate transaction are the two licensed real estate "brokers" AND (in most states *) the buyer and or the seller in the transaction can participate in the commission.
Here at CondoDomain.com, we are a full-service licensed real estate brokerage that believes in a flat-fee, transparent business model. We work with each and every one of our clients for the exact same flat fee commission and we rebate you the remainder.
Since commission amounts are based on the final purchase price, every commission is different. For the most part, real estate commissions on a listing are 6% and are paid by the seller. When a buyers broker is involved a 3% commission is paid to the listing broker and 3% to the buyers broker.
Here are some examples: (Using our Austin flat fee of $5,000)
$500,000 purchase = $15,000 to listing broker and $15,000 to buyers broker
We keep our $5,000 flat fee commission and rebate the remainder of the buyers broker commission to you = $10,000.
 Next: More on commission rebates
* States that commission rebates are not allowed: Alabama, Alaska, Kansas, Louisiana, Mississippi, Missouri, New Jersey, Oklahoma, Oregon, Tennessee. More on the DOJ website here.
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