How to Get a Real Estate Buyer Agent Rebate in NYC

2019-06-24 7

How to Get a Buyer Agent Commission Rebate in NYC: https://www.hauseit.com/how-do-i-get-a-buyer-agent-rebate-in-nyc/

Reduce Your Buyer Closing Costs in NYC: https://www.hauseit.com/hauseit-buyer-closing-credit-nyc/

Congratulations on getting this far! Most home buyers in NYC are not even aware that they can save money and reduce their buyer closing costs by legally receiving a buyer agent commission rebate.

Getting a buyer agent commission rebate in NYC is as simple as finding a buyer’s broker who will agree to credit you back a portion of the commission they receive from the seller at closing. This is easier said than done, as most buyer agents in the city are used to giving their buyer clients a $25 bottle of wine as a closing gift as opposed to a four or five figure rebate check which comes out of their commission!

To make matters worse, many of the rebate brokers in NYC are plagued by quality or reputational issues which may reduce your likelihood of a successful transaction or harm your leverage in a negotiation.

These drawbacks may outweigh any benefits associated with receiving a buyer agent commission rebate in the first place. After all, what’s the point of getting a rebate if you end up overpaying or fail to close altogether?

To make matters worse, many traditional real estate agents in NYC continue to peddle misinformation that rebates are illegal even though New York’s Attorney General wrote an open letter to the industry explicitly stating that rebates are both legal and encouraged in NY.

In short, the vast majority of buyer agents you’ll speak with in NYC will either deny that rebates are legal or refuse to offer you one. If you’re fortunate enough to find a buyer broker who is open to offering you a rebate, they’ll probably try to offer you a fraction of a percent back as opposed to a rebate of up to 2% offered through Hauseit’s Buyer Closing Credit Program.

At Hauseit, we pair you with an experienced, local partner buyer agent who will not only provide you with great advice but who has already agreed to discreetly write you a maximum rebate check at closing.

Best of all, our partner brokers are not discount brokers which means that they never openly discount their services. As a result, you’ll never have to worry about a seller or listing agent treating you differently just because you’re receiving a rebate.

You can request a Hauseit Buyer Closing Credit by visiting www.hauseit.com

You may also be interested in estimating your buyer closing costs in NYC using Hauseit’s interactive closing cost calculator available at www.hauseit.com.

As you can see, using the wrong rebate broker may cause more harm than good!

Save Money with a Hauseit Buyer Closing Credit: https://www.hauseit.com/hauseit-buyer-closing-credit-nyc/

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