Sat. Sep 30th, 2023
    New Platform Offers Lower Fees and Rebates for Real Estate Buyers and Sellers

    A first-to-market platform has been launched to provide a solution for buyers and sellers in the real estate market to save money on fees and benefit from rebates. David J. Prouty, Associate Broker at Get a Rebate Real Estate Group, explains that amid rising real estate costs, this platform offers a comprehensive solution for people looking to save money.

    Prouty has been offering rebates to buyers and sellers for over 20 years and believes that this platform will streamline the process of connecting buyers and sellers with local agents. The United States Department of Justice (DOJ) supports the use of rebates in the real estate industry, as it encourages healthy competition and economic efficiency. When rebates are allowed, selling agents are able to control their commission fees, leading to lower rates and increased motivation to attract clients. The DOJ believes that rebate bans and restrictions limit the ability of selling agents to lower their fees.

    Get a Rebate Real Estate Group offers significant benefits to buyers and sellers, including lower listing fees and rebates. Buyers can access rebates in the 40 states that permit such incentives, often receiving between 20 to 30 percent of the total commission credited towards closing costs. Sellers can also secure a lower listing fee through rebates in all 50 states, typically receiving a 25 percent discount.

    The platform connects buyers and sellers with local agents, primarily from the Keller Williams Realty brand, but also collaborates with agents from other brokerage brands to ensure a comprehensive selection.

    It’s important to note that some restrictions may apply to these rebates, such as lender approval and guidelines, as well as specific bans on rebates in certain states. However, Get a Rebate Real Estate Group aims to empower buyers and sellers by providing a platform that promotes lower fees and rebates, ultimately improving savings and efficiency.

    For more information about Get a Rebate Real Estate Group, please visit their website at

    Source: Keller Williams Realty Integrity, Edina, Get a Rebate Real Estate Group