Creekview Realty will return 2/3 of our commission back to our buyers at closing.
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.
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.
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.