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Rebate Calculator
Use this calculator to find out how much you can save when the buyer's broker offers a rebate.
Examples
Buyers brokers can offer cash rebates in one of two ways.
Rebate type 1: The buyer’s broker rebates a percentage of the home’s sale price.
Example: rebate 2% of the sales price to the homebuyer.
| Sales Price: | $ |
220000 |
| Commission Percentage: | 5% | |
| Rebate Percentage: | 2% | |
| Rebate Type: | % of sales price | |
| Total Commission: | $ |
11000 |
| Buyer’s Broker Commission: | $ |
5500 |
| Rebate to Buyer: | $ |
4400 |
Rebate type 2: The buyer’s broker rebates a percentage of their commission.
Example: rebate two thirds (67%) of their commission to the homebuyer.
| Sales Price: | $ |
220000 |
| Commission Percentage: | 5% | |
| Rebate Percentage: | 67% | |
| Rebate Type: | % of buyer’s broker commission | |
| Total Commission: | $ |
11000 |
| Buyer’s Broker Commission: | $ |
5500 |
| Rebate to Buyer: | $ |
3685 |
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