Comm. Rebate Bidding:
Register
Request Agents Bidding
*Optional (see note):
Set Your Own Preferred Agents
Buyer receives 3 Top Bids
Buyer selects 1 agent
Home Buyer Page
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After registration, you need to post your request for Buyer's Agent by filling out a form available on the left (Request Agents Bidding).
You will be asked to specify "Desired Bidders/Agents" by their years of experience and bilingual skill.
Only Qualified Agents who meet your requirements (bilingual and experience) can bid.
However, the higher the years of experience you specify, the less number of agents will be qualified, and possibly resulting less rebate.
Buyer Rebate Bidding
Buyer's agents bid to offer highest rebate as percentage of buyer's agent commission (fee). For example, if buyer's agent commission is $10,000 and the winning bid is 50%, the rebate to you (buyer) is $5,000.
Buyer's agent commission is included in total commission, which is usually paid by seller. When posting closed, you will be presented up to 3 top winning agents (3 highest bidders) to choose from.
However, if you set Preferred Agents, only 1 winning agent will be presented.
*Note: If you want only bidding from registered agents that you already knew, you can set your own Preferred Agents, immediately after you post Agent Bid Request.
Once being set, Preferred Agents bidding cannot be reversed and seller receives only 1 wining bid.
You can also update or cancel your posting. If you make mistakes that cannot be edited/updated, just cancel your posting and start a new one.
This service is FREE to you (property buyer).
See obligations and Terms of Use.
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