We often get calls from prospective home buyers who are simply calling to find out "the catch" with our commission rebate. The problem is that there are numerous companies that advertise large commission rebates but have certain guidelines that do not pertain to most home buyers. Our Realtor rebate is simple, on all homes over $300,000 paying a 3% commission (which 95% of homes in the DC market offer) your rebate is 2% of the sales price. No hidden fees, no gimmicks.
Below are the most common "catches" with OTHER Real Estate companies:
1. The 2% rebate is only valid for NEW CONSTRUCTION homes, resale homes usually have a smaller rebate. CULPRIT: Cashbackrealty Rebates for resale homes start at 1%.
2. Many companies begin with large rebates but then increase fees once they become established and gain name recognition . CULPRIT: Redfin, they began with a 2% rebate but have since INCREASED their minimum fee to $5,500 and DECREASED their rebate to 1.5% of the sales price. On a $500,000 home your Realtor Rebate would be $2,500 more using I-Agent!
3. Refer you as a lead! Many websites simply pass you along to other Realtors who are willing to give you a rebate. These companies require a referral fee from your Realtor thus decreasing the amount of money you get back. I-Agent Realty is local in their markets and all of our Realtors only work with I-Agent clients!
The bottom line is that I-Agent offers the largest Realtor rebate in the industry and still maintains it pledge to full service representation. We are able to do this because we are local, owner operated, and committed to lead by example in our industry.
So when choosing a Realtor make sure to find out exactly how much money you will get back before you enter into any relationship.
Please share any comments or questions below!
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