A real estate commission rebate is not considered taxable income!
What does that mean? Well, it means you would get tax free money back soon after closing on your next home or property!!!! Sounds good but not many Realtors are offering it. Yet. However, once you know about real estate rebates, you would be crazy not to seek out the largest one you could find! It really is that simple.
Let’s face it you are going to do the majority of the work finding and purchasing your new home and that is a fact! So why not treat this like a business deal which it is and shop for the best rebate you can get. Hey, everyone knows a real estate agent or ten, but this is BUSINESS, don’t make the costly mistake and make this personal. Ask them all what kind of rebate you can expect from them when you use their services. Remember it is your money that you are bringing to the table so get some back!
List2Move.com in Rochester and Syracuse, NY have been offering hefty rebates over the last couple years but so few people actually get it! This can add up to literally thousands of dollars, that you were bringing to the closing table either way!!!!
Check your state to see if commission rebates are legal. New York State allows real estate commission rebates!