Compare Listings

Home Seller Pricing

Sellers can take advantage of their commission credit in the form of a listing fee reduction from the industry standard 6%.

MLS (Open Market Listing) – Sellers who list with Homebate® are offered full service local representation and only pay 1% commission (min $2,500) to the Seller’s Agency.

Instant Offer Auction – If you don’t want to be bothered with fixing up or constantly showing your home, utilize Homebate’s Instant Offer system to obtain an offer within 24 hours from our investor network. Sellers pay $0 in fees to sell as the investors pay a small fee upon closing.

Buyer Commission Credit Offer

When a Buyer makes their offer with a Homebate® Agent, we’ll agree to rebate 50% of the total commission Homebate® receives back to the buyer as a closing credit. This credit can be used to pay for buyers closing costs, pay down their mortgage interest rate, or can even be credited back to the seller to help lower the purchase price.

The rebate will appear on the HUD statement (and applicable forms) and is subject to your lenders approval and state laws. The rebate applies to any home listed in the multiple listing service (MLS), new construction, and more. You do not have to buy a home listed by a Homebate® Partner Agent to qualify.

The following is a guideline for how Homebate® commission credits work.

Home Seller Pricing

Sellers can take advantage of their commission credit in the form of a listing fee reduction from the industry standard 6%.

MLS (Open Market Listing) – Sellers who list with Homebate® are offered full service local representation and only pay 1% commission (min $2,500) to the Seller’s Agency.

Instant Offer Auction – If you don’t want to be bothered with fixing up or constantly showing your home, utilize Homebate’s Instant Offer system to obtain an offer within 24 hours from our investor network. Sellers pay $0 in fees to sell as the investors pay a small fee upon closing.

Buyer Commission Credit Offer

When a Buyer makes their offer with a Homebate® Agent, we’ll agree to rebate 50% of the total commission Homebate® receives back to the buyer as a closing credit. This credit can be used to pay for buyers closing costs, pay down their mortgage interest rate, or can even be credited back to the seller to help lower the purchase price.

The rebate will appear on the HUD statement (and applicable forms) and is subject to your lenders approval and state laws. The rebate applies to any home listed in the multiple listing service (MLS), new construction, and more. You do not have to buy a home listed by a Homebate® Partner Agent to qualify.

Additional Commission Rebate Terms

All agreements for commission rebates must be confirmed in a separate written agreement between Partner Agents and Buyers or Sellers.

The rebate shall never exceed the amount of commission received by the Partner Agent. The Partner Agent is not required to make any payments to a Buyer other than a commission rebate that meets the aforementioned requirements. Any commission credit not approved by the lender shall be credited back to the Partner Agent or Homebate®. See additional commission credit terms.

The IRS has ruled that commission refunds are not taxable income. The refund is a reduction in the cost of the home you buy. That said, it is recommended that you contact a tax professional regarding any potential tax implications.

Commission refunds are legal in 40 states. See the U.S. Department of Justice (DOJ) website for additional details on if Home Rebates are legal in your state at: https://www.justice.gov/atr/rebates

Chat with a Homebate® Agent