You may have heard that some companies rebate a portion of their commission and wonder how that works. As a buyer you generally don't have to pay an agent. Most or all commission are paid by the seller.
How do Realtors make money if the buyer doesn't pay any commission? In many cases, a seller pays the company representing the buyer 2% to 3% of the sales price. (A buyer's agent makes a portion of that amount.) A buyer's rebate is paid to the buyer from the agent's commission. Only a handful of brokerages (large or small) offer to rebate commissions, but all of them have certain terms and conditions. These are described in your representation agreement.
So let's take a look at a specific property at 7005 Stone Mill Pl Alexandria to understand how the rebate works. 7005 Stone Mill Pl Alexandria VA is one of several Colonial-style homes in Stoneybrooke. Estimated Rebate on 7005 Stone Mill Pl? $2,655!
Similarly Priced In The Same Zip
$519,950 at Stoneybrooke
$519,950 at Stoneybrooke
$519,950 at Stoneybrooke
$519,950 at Stoneybrooke
$509,900 at Memorial Heights
$509,900 at Memorial Heights
$509,900 at Memorial Heights
$509,900 at Memorial Heights
$499,900 at Temple View
$499,900 at Temple View
$499,900 at Temple View
$499,900 at Temple View
$499,000 at Fairview
$499,000 at Fairview
$499,000 at Fairview
$499,000 at Fairview
$539,950 at Stoneybrooke
$539,950 at Stoneybrooke
$539,950 at Stoneybrooke
$539,950 at Stoneybrooke
See more Similarly Priced In The Same Zip
