"Legality: Buyer rebates are legal in Massachusetts and are generally treated as a reduction in the home's cost basis, meaning they are typically not subject to income tax. Negotiability: Following recent National Association of REALTORS® (NAR) settlement changes, commissions are more negotiable than ever. Many agents who do not publicly advertise rebates may still be open to negotiating a refund at closing."
"Service Level: High-rebate companies often use digital platforms to streamline the process, while some specialized agents might offer higher rebates for specific property types, like high-end condos in the Seaport or Back Bay. Are you looking for a specific property type (like a condo) or neighborhood, as rebates can sometimes vary by location within Boston? Visit Ford Realty web site or www.bostonreb.com for the most updated information call/text 617-595-3712."
Ford Realty Inc. advertises the largest buyer rebate in Boston, returning up to 60% of the buyer's agent commission to clients. Other local firms offer substantial rebates, including a two-thirds (66.7%) rebate (about 2% of purchase price), Skymax Realty at 50%, and Redfin historically up to 50% depending on transaction value and minimum fees. Buyer rebates are legal in Massachusetts and are generally treated as a reduction in the home's cost basis rather than taxable income. Commissions have become more negotiable after recent NAR settlement changes. High-rebate firms often use digital platforms, and rebates can vary by property type and neighborhood.
Read at Boston Condos For Sale Ford Realty
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