Home Buyer Rebates

Now there's a smarter way to buy a home!

Buyer Rebate Savings

When a home owner decides to sell their home, they most often contract with a real estate broker (or "Listing Agent") to place the home in the Multiple Listing Service (MLS). Through the MLS, the "Listing Agent" typically offers to pay the "Buyer's Agent" (the agent representing the buyer) approximately 3% (or half of the total commission). This fee is usually paid to the "Buyer Agent" at closing.

So, if you go out to look at homes with a “Buyer’s Agent ”, even though they work for you, they are paid by the seller. No skin off your teeth, right? Except when you consider where the seller is getting the money to pay the commission - YOU (or your mortgage loan proceeds). For showing you around, opening doors to homes, assisting you with the paperwork and following up with the transaction, your “Buyer’s Agent” traditionally would make about $3,000.00 for every $100,000.00 of the sales price of the property you purchase. In many home purchases, the "Buyer Agent's" commission is about the same as the purchase price of a new luxury car!!! Not a bad gig, eh?

Now, with Bloomkey^®, if you're willing to do some of that work of finding and previewing the home on your own, you can be keep a large portion of that money for yourself in the form of a home buyer rebate! Out of the buyer agent's commission, Bloomkey^® keeps a low, flat fee and rebates the majority of the commission to you at closing.

Use the chart below to see how much you can save with Bloomkey^®...

How it Works

FAQ

Price Range of Home	Typical Commission offered by Seller to Buyer's Agent - 3%	Bloomkey^® Flat Fee	So if price of house would normally be...	...with Bloomkey^® YouR NET COST AFTER REBATE IS JUST:	BUYER REBATE **

Up to $201,000	$6,030	$1,500	$201,000	$196,470	$4,530
Up to $251,000	$7,530	$2,000	$251,000	$245,470	$5,530
Up to $301,000	$9,030	$2,500	$301,000	$294,470	$6,530
Up to $351,000	$10,530	$3,000	$351,000	$343,470	$7,530
Up to $401,000	$12,030	$3,500	$401,000	$392,470	$8,530
Up to $451,000	$13,530	$4,000	$451,000	$441,470	$9,530
Up to $501,000	$15,030	$4,500	$501,000	$490,470	$10,530
Up to $551,000	$16,530	$5,000	$551,000	$539,470	$11,530
Up to $601,000	$18,030	$5,500	$601,000	$588,470	$12,530
Up to $651,000	$19,530	$6,000	$651,000	$637,470	$13,530
Up to $701,000	$21,030	$6,500	$701,000	$686,470	$14,530
Up to $751,000	$22,530	$7,000	$751,000	$735,470	$15,530
Up to $801,000	$24,030	$7,500	$801,000	$784,470	$16,530
Up to $851,000	$25,530	$8,000	$851,000	$833,470	$17,530
Up to $901,000	$27,030	$8,500	$901,000	$882,470	$18,530
Up to $951,000	$28,530	$9,000	$951,000	$931,470	$19,530
Up to $1,001,000	$30,030	$9,500	$1,001,000	$980,470	$20,530
Over $1,001,000		Incremental***

Buyer agent commissions are negotiable. Actual savings or price reductions may vary. Figures are approximate. Flat-fee due to Bloomkey^® based on final sales price. Bloomkey^® Flat-Fee Agent will not provide all of the services normally associated with a full service buyer's agent. See terms and conditions for details. **For property purchase with sales prices over $1,001,000 chart prices increase incrementally by adding flat-fee from lower price ( i.e. $1,500,000 sales price = $14,000 flat-fee). Buyer rebates not available in all markets. Mortgage lender regulations may apply.