Cashback rebates can save thousands of dollars in real estate commissions

A red 'Sold' sign atop a black for sale sign in front of a home.

In Canada, the homeseller usually pays a commission to real estate agents on both sides of the transaction. But some agents are willing to offer a cashback rebate to home buyers, which works as a kind of discount on the total purchase price.

https://www.cbc.ca/news/business/real-estate-commissions-cashback-rebates-1.7375040?cmp=rss

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Cashback rebates can save thousands of dollars in real estate commissions

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November 21, 2024

A red 'Sold' sign atop a black for sale sign in front of a home.

In Canada, the homeseller usually pays a commission to real estate agents on both sides of the transaction. But some agents are willing to offer a cashback rebate to home buyers, which works as a kind of discount on the total purchase price.

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