When you buy a home in Ontario, the seller typically pays both agents' commissions. At onepercentsold.ca, we give you up to 50% of our buyer's agent commission back as cash at closing.
On a $900,000 home where the buyer's agent commission is 2.5% ($22,500), 50% of that is $11,250 back in your pocket. On a $600,000 home with a 2% buyer commission ($12,000), you'd receive up to $6,000 cash back.
Yes, completely. Buyer rebates are permitted under RECO regulations. The rebate is disclosed in writing through a Buyer Commission Rebate Incentive Agreement addendum and flows through your lawyer's trust account at closing.
The key condition: the rebate applies when the total showing days are four (4) or fewer. The rebate is also capped at $25,000 CAD (HST excluded).
Full buyer representation. We write offers, negotiate on your behalf, coordinate with lawyers and lenders, and guide you through every step of the transaction.
Buyers who've done their research, know their target neighbourhoods, and are ready to move when the right property comes up. There's no reason to leave up to $25,000 on the table.
Sell for 1% listing commission or buy with up to 50% cash back at closing. Free consultation, no obligation.
