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Agents

Home Buyer Rebates

for sale by owner

Now there's a smarter way to buy a home!

home buyer rebates

You Find the Home, We Write the Contract - You Get the Rebate…

Now, with Bloomkey, if you're willing to do some of that work of finding and previewing the home on your own, you can receive a home buyer cash rebate!

When a home owner decides to sell their home, they most often contract with a real estate broker (or "Listing Agent") to place the home in the Multiple Listing Service (MLS). Through the MLS, the "Listing Agent" typically offers to pay the "Buyer's Agent" (the agent representing the buyer) approximately 3% (or half of the total commission). This fee is usually paid to the "Buyer Agent" at closing.

home buyer rebate

So, if you go out to look at homes with a “Buyer’s Agent ”, even though they work for you, they are paid by the seller. No skin off your teeth, right? Except when you consider where the seller is getting the money to pay the commission - YOU (or your mortgage loan proceeds). For driving you around, opening doors to homes, assisting you with the paperwork and following up with the transaction, your “Buyer’s Agent” traditionally would make about $3,000.00 for every $100,000.00 of the sales price of the property you purchase. In many home purchases, the total "Buyer Agent's" portion of the commission is about the same as the purchase price of a new luxury car!!!  Not a bad gig, eh?

What if you could keep that money for yourself? Wouldn't your real estate investment dollars go a lot farther? Now, you can. You find and view the home, Bloomkey prepares and negotiates your purchase agreement and assists you through the closing process. When you consider that closing costs can be as much as 2-4% of the mortgage loan amount, a rebate can go a long way to reducing the amount of cash you need to buy a home.

Bloomkey now gives a portion of the buyer agent's commission to you!

QUESTIONS: Call 1-800-524-6657 or visit our FAQ, Knowledgebase or Help Desk

Rebate Calculator | How It Works | Sign Up for Rebate Savings |

Here's what the U.S. Department of Justice says about Home Buying Rebates

*Rebates not available in all areas. Rebate amounts may vary. See terms and conditions for details.