How Does a Buyer Rebate Work in Georgia?
A buyer rebate in Georgia is exactly what it sounds like: your buyer's agent gives part of their commission back to you at closing. It's fully legal in Georgia. In my practice, I credit up to 1% of the purchase price back to my buyers — on a $500,000 home, that's up to $5,000 applied at the closing table toward your closing costs, a rate buy-down, or prepaid expenses, subject to lender approval. That's the whole answer. The rest of this post covers the questions buyers actually ask me once they hear it. Is a buyer rebate legal in Georgia? Yes. Georgia is one of roughly forty states that allow real estate agents to share commission with their clients. It's disclosed to your lender and appears as a credit on your Closing Disclosure — the same official document that lists every dollar in your transaction. Nothing about it is under the table. Your lender sees it, approves it, and it shows up in black and white on closing day. Why doesn't every agent offer this...