If you’re looking to buy a home, you may have heard of housing rebates. Although these home purchase rebates have been difficult to find in the past, you can now easily find available rebates in one easy place.
One of the best ways to buy your next home
One of the best ways to save money when buying a home is by finding available rebates. If you're looking for ways to save money on real estate, then start using our MLS powered search tool today. Our search tool allows you to find homes listed in your market that are offering rebates with specific buyer agents at no cost to you.
Simply input some basic information about what you’re looking for into our new innovative home & rebate search, find available homes for sale in your area including available rebates, and then meet with an agent who specializes in rebate programs to help walk you through all of your options—before committing to anything.
How it worksA simple process to maximize your savings.
Find your home
Go to the search tab and find the property you love. The database is connected in real time to the MLS database, making sure you're seeing accurate and updated data.01
With every property comes a rebate offer from a verified realtor. Choose the property you like and see the best rebate offered on the property at that time.02
Close the deal
Once you've found the property and agent you love, all that's left to do is get in touch with your agent with the contact information on their profile page. From there you can begin the process of buying your new home outside of the platform. We don't take commissions from you!03
The benefits of getting a rebate for buying your new home
If you’re looking to buy a home, you may have heard of housing rebates. Although these home purchase rebates have been difficult to find in the past, you can now easily find available rebates in one easy place! Use ShowmeRebates.com to find your perfect home using our new search tool that includes available housing rebates for your market.
Once you find the perfect home for sale, simply hit the "Schedule Showing" button and choose the day you'd like to preview the home. The agent will even help you negotiate the best deal on the home of your dreams!
Where does the money come from?
As a home buyer, you’re probably not aware that it costs you absolutely nothing to have a buyer's agent show you homes, negotiate the best deal, and do all the heavy lifting as far as paperwork goes. The buyer's agent is paid a "finders fee" that is offered on all homes listed on the MLS from the listing agent.
This amount generally ranges from 2.5% to 3% of the price of the home and is already built into the price of the home before it's listed publicly. In fact even if you went straight to the listing agent representing the seller, that fee would just be collected by the listing agent, not saving you any money or offering any benefit. You might as well have a buyers agent to represent your best interests, since it doesn't cost you anything.
How much you stand to save
On average, a home selling for $400,000 with the listing agent offering a 3% BAC (buyer agent commission), the buyer agent commission would be $12,000. With ShowmeRebates.com, you could get a rebate as high as $6,000 on a $400,000 home (could be lower, depending on agent, home, or BAC being offered).
This rebate could be in the form of a check at closing, reduction of the price of the home, or a credit towards your closing costs. Each agent and/or lender will require something different. Some loans will allow for a check at closing, while others will require it to be a credit towards closing costs. Either way it's a win for you!
If you’re not sure about which one will work for you, no worries—the agent you go with will walk you through the best option for you and the lender you are working with. Real estate rebates have been around for decades, although not advertised or easily found. That being said, realtors are increasingly seeing an interest from clients who want to purchase a home with an experienced and trusted agent offering rebates.