Broward County, Florida

Margate cash back realtor and home buyer rebate

North-central Broward with condos and modest single-family homes. Buyers get 25% of the agent commission back and sellers pay 25% less on the listing side.

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What you could get back in Margate

PriceBuyer agent pay at 2.5%Your cash back (25%)Listing side at 2.5%Seller saving (25%)
$350,000$8,750$2,188$8,750$2,188
$475,000$11,875$2,969$11,875$2,969
$575,000$14,375$3,594$14,375$3,594
$725,000$18,125$4,531$18,125$4,531
$925,000$23,125$5,781$23,125$5,781

Price points are built around the Broward County single-family median of $580,000; condos in the county have a median of about $295,000. Commission shown at 2.5% for illustration.

Work out your number

Estimated cash back: —

Also in Margate: sell with a lower listing commission, Broward County overview

Other cities in Broward County

Questions

Are buyer rebates legal in Florida?

Yes. Florida allows a licensed brokerage to give part of its commission back to its client. It has to be disclosed on your closing statement and approved by your lender if you are financing.

How much cash back do I get buying in Margate?

25% of the commission the partner agent actually receives on your purchase. Since the 2024 NAR settlement, buyer agent pay is agreed in writing up front, so the dollar amount is known before you make an offer.

Can I get the rebate in cash?

If you pay cash for the home, yes, usually at closing. With a mortgage, most lenders require the rebate as a credit toward closing costs, and loan programs cap how large that credit can be.

Get matched with a rebate agent

Free, no obligation. One licensed partner agent in your area contacts you within one business day, with the rebate written into their agreement.

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