Discount real estate brokerage, online exploration

Real estate commission rebate brokers will generally represent buyers during contract negotiations and at other times during the closing process when their clients interests need protecting; for this they may receive a straight salary or reimburse their clients a portion of commission collected at closing. Certain states severely limit or altogether prohibit real estate commission rebate arrangements, so you may not be able to take advantage of this service where you live. Real estate commission rebate services are also not practical arrangements for buyers contemplating a move to a different city or state. Buyers in those circumstances need a broker who has knowledge of local neighborhoods and can guide them to the area that is right for them. Even if real estate commission rebate services are allowed in your state, be aware that not all selling brokers embrace the idea.

10/17/09 10

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