Why hire us to buy your home?
20% Buyer commission rebate - Best buyer rebate program in San Diego!
Costs you nothing
We will working hard to find your dream home
Local San Diego agents
Highly skilled negotiators
Average buyer rebate is $4,000+
Work with us and receive 20% of our commission rebate back to you!
You can use this rebate to pay for your closing cost or to increase your offer amount!
Traditionally the seller pays the buyer agent commission, which is typically 2.5% of the sale price.
On a $700,000 home purchase you would receive a $3,500 commission rebate!
See our buyers commission rebate chart below.
HOW MUCH WILL YOU SAVE!
20% Buyers Commission Rebate Table
What is a buyer rebate?
The buyer rebate is money given to the person that is buying the house! Simply put, your agent will rebate (or credit) part of their commission back to you when your home closes escrow. The buyer rebate is legal in most states and as long as your lender allows the rebate or credits, it will save you thousands!
In most cases buyers need someone to walk them through the process, get them into view homes and understand the documentation required when buying a home. A buyer rebate is a great reason to work with us during your buying process. The buyers agent is paid by the seller! So, It costs you nothing and you still have an experienced, savvy, agent representing your interests. Here is an article on buyer rebates: Understanding How Commission Credits work: https://www.thebalance.com/commission-credits-to-home-buyers-1798320
Understanding the selling and buying process
When a person sells their home, in most cases, the seller pays commission to the listing agent and to the buyers agent, PLUS the majority of the other cost typically associated with selling a home. So, the buyers agents commission is being paid by the seller! This might seem unfair but it's not and here is why. There are two different transactions going on when a home is sold and purchased. The seller pays for the cost of selling their home (commissions and most transaction cost) and the buyer is paying the fees associated with obtaining a loan, which can also be very costly.
How much money will you save?
Our clients receive a 20% rebate, which is a great deal! The average buyer earns a rebate of $4,375. We also have higher rebates if you already have a house identified and ready to submit an offer. No strings attached, no gimmicks. We simply put money back in your pocket.
Is a buyer rebate legal & do you qualify for a rebate?
Yes! in California a buyer commission rebate is legal. Please go a review or your self! https://www.justice.gov/atr/rebates
Some lenders will have a limit of rebates and credits they allow for a buyer, so that would need to be verified with your lender in advance!
Is the buyer rebate taxable?
Rebates are credited to you in the form of closing cost credit or reduction of home prices, so the rebate is not considered income. You would have to double check with your accountant but according to the IRS and the 1099-Misc Form, the buyer rebate is not a taxable event.
Why use us?
Because we are a local San Diego based company specializing in creating a seamless process for our clients while saving them money. We love helping our clients by finding their dream home and saving them money at the same time! Just like we believe it should not cost the seller a small fortune to sell their home, we also believe it should not cost a buyer thousands when they purchase. We will work hard for you and you will save money. It's a win win for both parties.
How do we get things going?
Meet with us to determine your goals and areas of interest
Review the buying process
Complete your bank prequalification letter
Setup a live MLS (Multiple Listing Service) email notification of homes in your search criteria
Review the buyer rebate agreement
Start looking for homes
Rebate Terms/Exclusions: (yes- there are always a few!!)
We don't offer rebates on our "in-house" listing (Properties listed by - One Percent Listing Group).
Rebates only apply on purchases when the buyers commission is 2.% or above, paid by the seller.
Rebates only apply on purchases with a sale price over $350,000
Rebates only go towards to purchase of the property (buyer credits & price reductions) and not cash back to you after closings escrow.
Your lender must allow for a rebate (subject to lender approval).
Rebates are not available on Short Sales or Bank Owned Properties.
Buyer Rebates are subject to "Buyer Rebate Agreement"