A call to all those who follow fee for service real estate maryland
Real estate commission rebates give buyers the financial power to buy homes that they may not otherwise be able to afford. Since 21st Century home buyers most likely have found their homes through a search of Internet listings and not exclusively with the assistance of a broker, they find the concept of real estate commission rebates appealing and feel that they should share in at least a portion of the commission. You cant fault buyers for asking for a rebate. After all, those who are computer savvy are certainly capable of locating their own potential homes on the Internet and should not have to pay commission for a service that their broker did not perform. Real estate commission rebate brokers will generally represent buyers during contract negotiations and at other times during the closing process when their clients interests need protecting; for this they may receive a straight salary or reimburse their clients a portion of commission collected at closing.