The TRELORA Home Buyer Rebate
Thousands back in your pocket at closing.
How the Home Buyer Rebate Works
Start the Process
Contact us! Our customer care team can answer your questions and connect you with a top-rated TRELORA agent in your area.
1
Buyer Agency Agreement
When you’re ready to begin your home search, you’ll be prompted to sign a buyer agency agreement. Sign the agreement and start touring homes!
2
Cash Back at Closing
Traditional buyer agents collect 3% of the sale price as their compensation*. We’re giving half back to you as a bonus at closing!
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What's the Catch?
There’s no catch! It just shouldn’t cost 3% of the sale price to help you find your next home.
Following the recent National Association of Realtors® settlement (read more here), we’re likely to see commission costs decrease. We’ve been leading the charge of lower commissions for consumers since the beginning. With home affordability near an all-time low, and decreased costs on the horizon, we’re here to help NOW.
Everything you'd expect from a traditional agent—with thousands back!
*Actual commission and rebate vary based on seller commission offering, lending criteria, and state law, as applicable.
Home affordability is near an all-time low—but we're here to help. Lock in your Home Buyer Rebate today!
FAQ
How much will I get back?
On average, home buyers receive $5,000-$10,000 back from the Home Buyer Rebate, but it varies! Home sellers typically offer commissions between 2-3% of the sale price to the buyer agent. We give half of this commission back to the buyer. Your actual rebate will depend on the final sale price of the home and the size of the commission that is offered by the seller.
Do you charge a minimum?
Yes. We collect 1% of the sale as a minimum commission. In most situations, the seller offers the buyer broker a 3% commission. In this situation, you could expect to receive 1.5% back. In other situations, sellers offer reduced commissions to buyer brokers. For example, if the seller is only offering a 1.5% commission, we will keep our minimum 1% commission and give the remaining back to you.
Why do I have to sign the buyer agency agreement?
Following the NAR settlement in the landmark Sitzer|Burnett case, all MLS-affiliated real estate agents will be required to provide a buyer agency agreement to their clients before touring homes. This is slated to go into effect in mid-July 2024.
The result of the agreement is an informed buyer. In a standard agreement, buyers will be informed of the service they will be provided and how much it will cost. We believe buyers will benefit from the transparency and therefore decided to start using the agreements immediately. Note: our agreement doesn’t “lock you in” to our service—you can cancel at any time up until going under contract on your new home.
Is this rebate available everywhere?
Unfortunately, some states do not allow rebates to be offered, or limit how much can be offered. Based on this, we’re unable to offer the buyer rebate in Alabama, Alaska, Iowa, Kansas, Missouri, Mississippi, Oklahoma, Oregon, or Tennessee. In addition, certain lending and insurance criteria may impact the rebate received.
Related Reading
Unpacking the Sitzer|Burnett Verdict: What It Means for You as a Homeowner
On October 31st, the real estate world was turned upside down with the conclusion of the Sitzer|Burnett class action lawsuit. What’s Sitzer|Burnett?
An Open Letter to the Real Estate Industry: It’s Time for Change
Last week’s Sitzer|Burnett verdict is more than a legal milestone; it is a resounding message from the public that reverberates through the foundation of our industry.
Newfound’s Perspective on the NAR Settlement and the Path Forward
The settlement, announced on March 15th, ushers in a series of reforms to foster a more consumer-centric approach to real estate transactions.
About TRELORA
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Don't get stuck buying homes the old way.
The TRELORA Home Buyer Rebate
Thousands back in your pocket at closing.
Everything you'd expect from a traditional agent—with thousands back!
*Actual commission and rebate vary based on seller commission offering, lending criteria, and state law, as applicable.
How the Home Buyer Rebate Works
Buyer Agency Agreement
When you’re ready to begin your home search, you’ll be prompted to sign a buyer agency agreement. Sign the agreement and start touring homes!
2
Cash Back at Closing
Traditional buyer agents collect 3% of the sale price as their compensation*. We’re giving half back to you as a bonus at closing!
3
Start the Process
Contact us! Our customer care team can answer your questions and connect you with a top-rated TRELORA agent in your area.
1
© 2024 Trelora, Inc.
Call Us
303-996-3000
Email Us
customerservice@trelora.com
Who qualifies for the rebate?
If you're starting your home search or you're already searching with us, you qualify! Unfortunately, we cannot offer the rebate to anyone already under contract on or before April 2nd, 2024.