A buyer rebate is when a real estate agent or brokerage shares part of their commission with the homebuyer. Instead of the agent keeping the full buyer's agent commission (typically 2.5-3% of the sale price), they give a portion back to you at closing.
How Buyer Rebates Work
When you buy a home, the seller typically pays a commission that's split between the listing agent and buyer's agent. With a rebate program like ShopProp's, instead of your agent keeping their full commission, they give you a significant portion back. This rebate appears as a credit at closing, reducing your out-of-pocket costs.
Are Buyer Rebates Legal?
Yes. Buyer rebates are legal in 40+ states including California, Washington, Texas, Arizona, Colorado, Hawaii, Michigan, and Virginia. The U.S. Department of Justice actively supports rebates as a way to increase competition and lower costs for consumers.
How Much Can You Get Back?
ShopProp offers some of the largest buyer rebates in the industry. With capped fees of $1,995-$7,995, the rest of the buyer's agent commission goes back to you. On a $1 million home with a 2.5% buyer's agent commission ($25,000), you'd keep over $17,000.
Do You Lose Service Quality?
No. ShopProp is a licensed full-service brokerage with managing broker oversight on every transaction. You get the same professional representation — contract negotiation, inspections, closing coordination — while keeping more money.
As Featured In
"ShopProp saved one buyer $247,000 on a $10.5M Atherton home."
— NPR Morning Edition, May 21, 2025
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Frequently Asked Questions
What is a buyer rebate in real estate?
A buyer rebate is when your real estate agent shares part of their commission with you. Instead of the agent keeping the full 2.5-3% buyer's agent commission, they give you a portion back at closing.
How much rebate can I get?
With ShopProp, buyers pay capped fees of $1,995-$7,995 regardless of home price. The remaining commission is your rebate. On expensive homes, this can exceed $20,000 or more.
When do I receive the rebate?
Rebates are typically applied as a credit at closing, reducing your closing costs. In some cases, rebates may be paid directly after closing.
Are buyer rebates taxable?
In most cases, buyer rebates are not taxable because they're considered a reduction in the purchase price. Consult a tax professional for your specific situation.
Ready to Save on Your Real Estate Transaction?
ShopProp offers the biggest buyer rebates and lowest seller fees with managing broker oversight on every transaction. Contact us for a free consultation.