FAQ About Questions on Resale/Existing Home Rebates
Questions on Resale/Existing Home Rebates
one year ago | kevincbachman
Why don't all agents offer rebates?
Brokers and agents across the country are eyeing this trend nervously. Rebates are basically gifts that the buyer can use to reduce their out of pocket expenses: however the buyer's gain is often seen as a loss to the agent. Most agents earn their sole living based on the commission received from the real estate transaction. Often times, the agent has to split their commission check with their sponsoring broker.
We see a great opportunity in helping others that are actually capable of doing a great deal of the initial research and legwork. Our business model is based on volume transactions, and we don't need to make 3% on each deal to be successful.