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SFBayRebates.com - Commission Rebates from Real Estate Agents in the San Francisco Bay Area

The First Directory of Real Estate Agents Offering Commission Rebates

If your Realtor is not refunding you part of his or her commission,

you are probably walking away from thousands of dollars. 

The Background on Commission Rebates

As everyone knows, housing values in the San Francisco Bay area are continuing to skyrocket. Since real estate agent commissions are based on a percentage of the sale, that means a huge paycheck for agents. Consider the fact that a real estate agent who takes a listing in Dallas or Cleveland probably works harder than an agent in the SF Bay area because buyers in those cities are not lined up with their checkbooks out the way they are in this area. But agents in the Bay area are likely to take home a commission check that is more than twice as much as agents in other parts of the country!

The other side to the story, however, is that the size of these commissions is no secret. People from all walks of life are rushing to take the real estate exam and start cashing those big commission checks. The California Department of Real Estate is overwhelmed with new applications. Thousands of eager new agents are minted each month. The result is unprecedented competition for your real estate business.

However, it is not fair to characterize all area real estate agents as greedy. Recently, some agents have recognized that commissions are no longer in line with the value of the services rendered and have begun for refund (or rebate) a portion of their commission to their clients.

The purpose of SFBayRebates.com is to let you find real estate agents who offer commission rebates. In a market like ours, rebates just plain make sense . First they place a limit on commissions that have become excessive and redirect some of the money to where it belongs: to the seller and/or the buyer. Second, rebates give agents a legitimate way to compete for your business.

Are commission rebates illegal? Against the rules? Some people will tell you so. Our guess is that those people tend to be real estate agents making quite a bit of money. However, although we are not lawyers, our examination of the California real estate law indicates that commission rebates are completely legal and are a legitimate way for agents to compete for your business. In fact tthere are some brokerage companies like Ziprealty that make rebates a standard part of their business.

Interestingly, some other states have tried make rebates illegal. Recently, the State of Kentucky was sued by the Federal Government on anti-trust grounds because of its state law prohibiting rebates. Kentucky and the U.S. Department of Justice have now reached an agreement which allows agents in that state to offer rebates.  It looks like commission rebates are here to stay!

In fact by using this site, you can find a real estate agent who will provide the highest level of professional service, while still offering a commission rebate .

More information about the National Trend toward Commission Rebates

Wall Street Journal Article

Justice Dept. And FTC "Trust-Busters" Zero In On State Real Estate Regulators (Realty Times)

Detroit Free Press Arcticle 

California Real Estate Law (Department of Real Estate)

    

Find an Agent who offers commission rebates

Note: SFBayRebates.com acts only as a directory for agents offering rebates. We are not involved in real estate consultations or transactions in any way.  Please contact the agent directly to discuss your real estate needs.


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Real Estate Agents: Click here to become part of our directory. 

Commission Rebates are for both Buyers and Sellers

  • If you are a seller, you can get a rebate and/or a discount on the commission you pay by negotiating with your agent.
  • If you are a buyer, you can receive a payment from your agent after the transaction closes. This comes from the commission paid by the seller and can give you thousands of dollars to get set up in your new home.

 

 

Cities Served by SFBayRebates.com

San Mateo County: South San Francisco, Daly City, Pacifica, Burlingame, Hillsborough, Millbrae, San Bruno, Colma, Brisbane, San Mateo, Foster City, San Carlos, Redwood City, Belmont, Redwood Shores, Menlo Park. Coastal Region: Pacifica, Montara, Moss Beach, Princeton, Miramar, El Granada, Pescadero, Davenport, Santa Cruz, Capitola, Aptos, Soquel, Monterey, Marina, Pacific Grove, Pebble Beach, Carmel. San Francisco: Richmond, Jordan Park, Laurel Heights, Lake, Sea Cliff, Lone Mountain, Marina, Pacific Heights, Presidio Heights, Cow Hollow, Downtown, Financial District, Nob Hill, North Beach, Russian Hill, Telegraph Hill, North Waterfront, Golden Gate Heights, Parkside, Sunset, Lake Shore, Merced Heights, Pine Lake, Stonestown, Lakeside, Merced Manor, Ingleside Heights, Ingleside, Ocean View, Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, St. Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest, Monterey Heights, Mt. Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal, Glen Park, Haight Ashbury, Noe Valley, Twin Peaks, Parnassus, Ziprealty, Ashbury Heights, Buena Vista Park, Corona Heights, Clarendon Heights, Duboce Triangle, Eureka Valley, Dolores Heights, Mission Dolores, Anza Vista, Hayes Valley, Lower Pacific Heights, Western Addition, Alamo Square, North Panhandle, Bernal Heights, Mission, Potrero Hill, South Of Market (SOMA), South Beach, Central Waterfront, Bayview, Excelsior, Portola, Silver Terrace, Mission Terrace, Bayview Heights. Santa Clara County: Palo Alto, Los Altos, Los Altos Hills, Mountain View, Los Gatos, San Jose, Santa Clara, Campbell, Sunnyvale, Saratoga, Milpitas, Gilroy, Morgan Hill, Cupertino, Monte Sereno, Alviso; Marin County: Belvedere, Tiburon, Corte Madera, Fairfax, Larkspur, Mill Valley, Novato, Ross, Kentfield, San Anselmo, San rafael, Sausalito, Bel Marin Keys, Bolinas, Inverness, Marin City; Alameda County: Alameda, Albany, Berkeley, Oakland, Fremont, Newark, Union City, Hayward, Emeryville, Sunol. Livermore, Dublin, Pleasanton, San Leandro, Castro Valley, San Lorenzo, Ashland, Cherryland, Fairview; Contra Costa County: Antioch, Alamo, Bethel Island, Brentwood, Byron, Clayton, Concord, Crockett, Danville, Discovery Bay, El Cerrito, El Sobrante, Hercules, Kensington, Lafayette, Martinez, Moraga, Oakley, Orinda, Pacheco, Pinole, Pittsburg, Pleasant Hill, Richmond, Rodeo, San Pablo, San Ramon, Walnut Creek; Napa County: Napa, Angwin, Calistoga, Rutherford, Oakville, St. Helena, Yountville; Santa Cruz County: Santa Cruz, Aptos, Soquel, Ben Lomond, Boulder Creek, Bonny Doon, Capitola, Ziprealty, Davenport, Felton, Freedom, Rio Del Mar, Scotts Valley, Watsonville: Sonoma County: Sonoma, Bodega, Bodega Bay, Cloverdale, Cordelia, Fort Ross, Fulton, Geyserville, Guerneville, Healdsburg, Rio Vista, Santa Rosa, Sebastopol, Petaluma, Occidental; Solano County: Fairfiled, Suisun, Vacaville, Dixon, Vallejo, Benicia, Elmira, Rio VIsta.

No information on this website should be construed as legal advice.

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