Creekview Realty will return 2/3 of our commission back to our buyers at closing.
Example:
You buy a $300,000 house.
In a typical residential real estate transaction, 6% of the sales price is reserved for the agents’ commissions.
That means real estate agents are paid $18,000 to sell you the $300,000 house.
If you think that is an outrageous amount, you are not alone. It is easy to take for granted how technology has simplified the process.
When the 6% amount was instated, each listing took weeks; sometimes even months worth of time to coordinate.
First, you help us by finding the property you want.
Spend some time on sites like: Zillow, Trulia, and Realtor.com looking at properties that would be a good fit.
Once you are ready to submit an offer, our team of licensed agents will write the offer and handle the negotiations. When you close, you receive a rebate for 2% of your purchase price.
It is uncommon for agents to discount their services at any rate. Discount real estate is the fundamental concept our business model is built on.
Bottom Line:
Our fee is always a minimum of $1,500 or 1% of the transaction, whichever is greater.
The rebate will be less than 2% on a home selling for under $150,000.
When less than 3% is offered as a commission, the rebate would be less accordingly.
The commission is often 2.5% for bank owned properties and short sales, so in those instances the rebate would be 1.5%.
The terms of the rebate are spelled out in our Buyer Representation Agreement.
Click here to learn more about the 2% buyer’s rebate in Texas.