Firstly, it's important to understand that the seller pays Realtor commissions, but the home shopper does not. Are you wondering what a “home buyer's rebate” is and how it works?
Nesbitt Realty rebates a portion of that commission to our home buyer client. We use the remainder to fund operating expense and to pay agents like Stuart Nesbitt. At closing, the property seller usually pays the purchaser's company 2% to 3% of the sales price. So if the buyer client doesn't pay any commissions how does the Realtor get paid? The amount of the rebate can vary and there are certain limitations which can be explained by Stuart Nesbitt.
So let's take a look at a specific property in Alexandria to understand how the rebate works. 6939 Westhampton Dr Alexandria VA has 3 bedrooms, 2 full baths and 0 half-baths. 6939 Westhampton Dr is listed at $399,900. Nesbitt Realty will rebate $1,716 to our client when they use Stuart Nesbitt as their buyer agent.
GREAT PRICE! Convenient located to the mall, banks restaurants this 3BR/2 BA duplex is ready for a new owner’s imagination,in need of some cosmetic work that reflects the low price. kitchen w/oak cabs, granite counters, stainless appliances. … [Read more]
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