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COMMISSION/REBATE OPTIONS

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.
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