Save $20K or More Without Risking Your Home Purchase
Buyer agent commission rebates in NYC have existed for years, so why aren’t they more common? That’s because traditional listing agents are reluctant to split commission with buyer agents who openly offer rebates. After all, what’s the point of receiving a rebate if it harms your leverage in a negotiation and offends the seller and listing agent?
How does one safely and discreetly receive a buyer agent commission rebate in New York City? Requesting a Hauseit Buyer Rebate is the only way to safely save money and reduce your buyer closing costs. That’s because Hauseit’s brand name partner brokers never openly discount and have excellent working relationships with the real estate community.
Save $20K or More Without Risking Your Home Purchase
Buyer agent commission rebates in NYC have existed for years, so why aren’t they more common? That’s because traditional listing agents are reluctant to split commission with buyer agents who openly offer rebates. After all, what’s the point of receiving a rebate if it harms your leverage in a negotiation and offends the seller and listing agent?
How does one safely and discreetly receive a buyer agent commission rebate in New York City?
Requesting a Hauseit Buyer Rebate is the only way to safely save money and reduce your buyer closing costs. That’s because Hauseit’s brand name partner brokers never openly discount and have excellent working relationships with the real estate community.
Why Request a Buyer Agent Commission Rebate Through Hauseit?
Discretion Matters
Hauseit Buyer Rebates are discreet, which means you don’t have to worry about the listing agent or seller treating you differently because they know you are receiving a rebate.
Quality Matters
Hauseit’s partner brokers are among the most experienced, professional and highly rated real estate brokers in New York City. Why risk your deal by working with an amateur?
Reputation Matters
Hauseit is NYC’s largest and most trusted Buyer Agent Commission Rebate and FSBO company. Google ‘Hauseit Reviews’ to see what customers are saying about us.
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Learn More About Buyer Agent Commission Rebates in NYC:
How do commission rebates work in New York City?
How much can you save by requesting a rebate?
Why request a buyer agent commission rebate?
Why is discretion important when requesting a rebate?
Are broker commission rebates legal in NYC?
Is a buyer agent commission rebate taxable?
Why should you work with a buyer’s agent in NYC?
NYC Buyer Agent Commission Rebates – FAQ
How do commission rebates work in New York City?
Broker commission rebates are an effective way to save money because of NYC’s antiquated commission structure for sellers. Sellers in NYC pay 100% of all real estate commissions. Furthermore, sellers typically agree to pay a fixed commission amount (6%) which remains the same even if a buyer does not have a buyer’s agent.
There is no way for a seller to avoid paying the commission, and the seller usually does not save any money if a buyer is unrepresented. Therefore, the only way for a buyer to extract this built-in commission bill from the sale price is to request a Hauseit Buyer Rebate.
Here is how a Buyer Agent Commission Rebate Works in NYC:
The seller pays 6% commission which is split equally between the listing agent (3%) and your buyer’s agent (3%). If the total commission bill is less than 6%, your buyer’s agent will still receive half of the total commission.
Your buyer’s agent will rebate you back a portion of the 3% commission paid to him or her on the deal, thereby reducing your buyer closing costs and saving you thousands on your purchase.
If you are unrepresented, the seller will still pay the same 6% commission (and all of it will go to the listing agent, meaning they are double paid at your expense)!
Here is how a Buyer Agent Commission Rebate Works in NYC:
The seller pays 6% commission which is split equally between the listing agent (3%) and your buyer’s agent (3%). If the total commission bill is less than 6%, your buyer’s agent will still receive half of the total commission.
Your buyer’s agent will rebate you back a portion of the 3% commission paid to him or her on the deal, thereby reducing your buyer closing costs and saving you thousands on your purchase.
If you are unrepresented, the seller will still pay the same 6% commission (and all of it will go to the listing agent, meaning they are double paid at your expense)!
How much can you save by requesting a rebate?
The typical Hauseit Buyer Rebate in NYC will save you $20k or more on your purchase price of your new home. Requesting a buyer agent commission rebate will also help you offset a portion of your buyer closing costs, which are especially high in New York City. If you are buying a home above $1 million, the broker commission rebate you receive will likely offset your entire Mansion Tax bill.
If you are buying new construction or a ‘sponsor unit’ from an existing building, buyer closing costs are even higher. This is because it’s customary for the buyer of sponsor units to pay the NYC and NYS Transfer Taxes (1.4-1.825%) which are usually paid by sellers for traditional resales. On the other hand, buyer closing costs are lowest for co-ops because there is no Mortgage Recording Tax payable on your loan.
Why request a buyer agent commission rebate?
Requesting a buyer agent commission rebate in NYC is a no-brainer because of how broker commissions are structured in NYC. Sellers sign onerous commission agreements which obligate them to pay a fixed commission (usually 6%) no matter what, even if the buyer is unrepresented. Furthermore, listing agents in NYC are required by the Real Estate Board of New York to split the total commission equally with a buyer’s agent.
NYC’s unique commission structure for sellers means that working with a buyer’s agent is free from the perspective of the buyer. Working with a buyer’s agent means that half of the total commission will be paid to the buyer’s agent. Working directly with a listing agent means that he or she will collect the entire 6% commission. The seller does not care whether or not you have a buyer’s agent because they’ve already agreed to pay a fixed commission amount at closing.
In other words, you won’t save any money by negotiating directly with a listing agent since the seller has already agreed to pay a fixed commission amount at closing. The fact that buyer agents are perceived as ‘free’ is the reason why over 75% of buyers in NYC are represented by buyer’s brokers.
Requesting a Hauseit Buyer Rebate is the most effective way to ‘extract’ some of this built-in commission and put that money back in your pocket as the buyer.
Broker Commission Rebates in NYC are also generally considered to be non-taxable, which means that your rebate can help you save dollar-for-dollar on your purchase price and closing costs.
In other words, you won’t save any money by negotiating directly with a listing agent since the seller has already agreed to pay a fixed commission amount at closing. The fact that buyer agents are perceived as ‘free’ is the reason why over 75% of buyers in NYC are represented by buyer’s brokers.
Requesting a Hauseit Buyer Rebate is the most effective way to ‘extract’ some of this built-in commission and put that money back in your pocket as the buyer.
Broker Commission Rebates in NYC are also generally considered to be non-taxable, which means that your rebate can help you save dollar-for-dollar on your purchase price and closing costs.
Why is discretion important when requesting a rebate?
The average listing agent in NYC wasn’t born yesterday, and the very idea of a buyer receiving a rebate is enough to infuriate and offend most listing agents in NYC. To make matters worse, a large percentage of agents in the NYC still think that rebates are illegal. How can you expect a traditional listing agent to take your offer seriously if they know that your buyer agent is ‘disrupting the industry’ and paying you some of the listing agent’s commission at closing?
As a result of this obvious conflict of interest, discretion is the single most important factor when requesting a Buyer Agent Commission Rebate in NYC. After all, why does a rebate matter at all if you lose the deal because the listing agent decides to give more consideration and attention to a competing offer from a ‘traditional’ buyer agent who is not openly advertising rebates online?
When requesting a Hauseit Buyer Rebate, you’ll always be paired with a trustworthy, experienced, brand name buyer’s broker who never openly discounts so you won’t jeopardize your purchase.
Are broker commission rebates legal in NYC?
Buyer Broker Commission Rebates are 100% legal in NYC. The legality of rebates is enshrined in Article 12-A of New York’s Real Property Law. As the except below demonstrates, there is no limit to the amount or type of rebate being offered:

Are broker commission rebates legal in NYC?
Buyer Broker Commission Rebates are 100% legal in NYC. The legality of rebates is enshrined in Article 12-A of New York’s Real Property Law. As the except below demonstrates, there is no limit to the amount or type of rebate being offered:

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