DFW Realties 2% Buyer Rebate/Cash Back Program

Receive 2% Realtor cash back rebate on Dallas - Fort Worth MLS homes and new homes by builders in the DFW metroplex. We offer the highest rebate on Multiple Listing Service (MLS) listings and new homes by builders in the DFW MLS area. If we receive more than the typical 3% buyer agent commission, we will rebate 66.67% of the commission as a rebate to you.

If you are interviewing Realtors to hire one as your buyer representative, ask the prospective Realtor how much percentage of the commission they rebate to you. If you participate in our 2% Buyer Rebate Program, we rebate 66.67% of our commission, which is the highest rebate offered in the metroplex.

Another important reason to consider us as your buyer representative is that we offer quality services to our clients.

If you find another Realtor who offers the same kind of quality services we provide with a higher rebate, we will match that rebate.

"We were very pleased with DFW Realties. Our Realtor was very valuable when it came time to negotiate our seller repairs and the rebate program was a huge help to our first home purchase. We strongly recommend DFW Realties." —Wes

If you want to learn more about the home buyer rebate program, please read below.

What is a Home Buyer Rebate/Cash Back?

Home buyer rebate is a rebate given to the home buyer by a Realtor, from the commission received by the Realtor calculated on the purchase price of the home.

How a Home Buyer Rebate Program Works:

Typically the Realtor receives a 3% commission on the purchase price of the home from the seller. When the sale is completed, the 3% commission is disbursed to the Realtor by the Title Company. The Realtor can then provide the rebate to the home buyer. The Realtor gives a rebate to home buyers who are savvy in their search and have a shortlist of homes they want to preview.

An example of the rebate: if the buyer is buying a home for the purchase price of $150,000, the typical 3% commission received by the Realtor calculated on the purchase price of the home is $4500. The Realtor can rebate a portion of the $4500 commission received from the seller. (DFW Realties rebates 2% of purchase prices of the home and the rebate would amount to $3,000).

Since the Realtor is giving a rebate to the home buyer, it needs to be disclosed on the Good Faith Estimate. If the home buyer is financing the purchase of the home, it needs to be approved by the lender, depending on the lender's regulations.

The amount of rebate is based on the agreement between the home buyer and the Realtor. The agreement to give a rebate and the percentage of the commission given as a rebate is agreed upon by the home buyer and the Realtor before they start Buyer's Agent relationship.

How can the Realtor Afford to Give a Rebate:

Searching to buy a home has changed since the onset of the internet. Now-a-days, home buyers can search for homes on the internet; see pictures of the homes and details of the homes they are interested in. They have some access to the MLS information of home listings and can shortlist the homes they are interested in from their search on the internet.

They don't need a Realtor to know about the basic details of the homes they want to preview because they can learn the basic information about how a home looks like through the pictures and read the basic details of the home provided by the MLS on the internet. By not needing to show every home the buyer is interested in, the Realtor saves money and time. So, the Realtor can pass these savings to the home buyer in the form of a rebate.

Conditions to Receive a Rebate:

Each Realtor has different conditions to rebate a portion of the commission received. You should check with the Realtor or Company individually and address them directly with the Realtor or the Company. Here are the guidelines they go by:

There is usually a minimum percentage of commission to be received by the Realtor to give you a rebate. It can be a minimum of 2.5% commission on the purchase price on the home.
The lender needs to approve the rebate if the home is being financed. Most lenders usually approve the rebate. However, if the lender does not approve, you will not receive the rebate.
Maximum shortlist of homes to preview is usually 15 homes.