Fee for service real estate virginia and exploring the topic
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. Real estate commission rebate services are severely limited or prohibited altogether in some states, 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.