Option 1:
Traditional Commission / 25% rebate
TREC will collect a 2% – 3.5% buyer agency fee from the proceeds of that transaction at closing
- Rebate: 25% of buyer agency fee
- Retainer: None ($500 retainer is waived)
- Hourly fees: None
- Minimum fee: $5,000 (may reduce rebate)
- Minimum donation: None
- FSBO fees:
- If a “For Sale By Owner” (FSBO) property offers a 2 – 3.5% buyer agency fee, the full amount will be collected by TREC and 25% will be rebated to the Client.
- If the FSBO sales price does not include a buyer agency fee, a $3,000 minimum fee will be due to TREC regardless of whether 20 hours of service are rendered. Services rendered beyond 20 hours will be compensated at $100 per hour and due at closing.
Option 2:
1% commission / balance rebated
TREC will collect a 2% – 3.5% buyer agency fee from the proceeds of that transaction at closing
- Limited availability: TREC may limit the number of clients using this payment option at anytime without notice (Limited to properties originally asking over $1 million)
- Rebate: Buyer agency fee above 1%
- Retainer: None ($500 retainer is waived)
- Hourly fees: None
- Minimum fee: $10,000
- Minimum donation: None
- FSBO fees:
- If a “For Sale By Owner” (FSBO) property offers a 2 – 3.5% buyer agency fee, the full amount will be collected by TREC and any fee above 1% will be rebated to the Client.
- If the FSBO sales price does not include a buyer agency fee, a $5,000 minimum fee will be due to TREC regardless of whether 20 hours of service are rendered. Services rendered beyond 20 hours will be compensated at $150 per hour and due at closing.