The Home Buyer Rebate, also referred to as a Realtor Rebate or Commission Rebate, is applied directly toward your closing costs. This means less cash that you need to bring to closing!
The state of NJ allows brokerages to provide a rebate to their clients, but not all companies are willing to. Our company is happy to offer it to our clients to help make home buying more achievable.
Consult a tax professional concerning any tax implications of receiving the buyer rebate in NJ. It is the purchaser's obligation to pay any applicable taxes.
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Buyer Rebate amount subject to terms of Exclusive Buyer Agency Agreement.
In New Jersey Commissions are negotiable.