Guide, updated November 2026
Florida buyer rebates: closing credits, lenders and condos
Florida permits a brokerage to share its commission with the buyer, provided the rebate is disclosed. In practice it appears as a credit from the buyer's brokerage on the closing statement.
Cash purchase
If you are paying cash, the title company can issue the rebate as a credit against your funds due or as a check at closing. It still has to appear on the settlement statement.
Financed purchase
Lenders treat a credit from a real estate agent as an interested party contribution. Two limits usually apply: the credit cannot exceed your actual closing costs and prepaid items, and total interested party contributions, including any seller concessions, are capped as a percentage of the price depending on the loan program and your down payment. If the rebate does not fit under those limits, the extra may have to be turned into a reduction of the purchase price.
Tell your loan officer at pre-approval that you expect a rebate. It is much easier to plan for than to fix the week before closing.
How much in practice
| Price | Buyer agent pay at 2.5% | 25% rebate |
|---|---|---|
| $350,000 | $8,750 | $2,188 |
| $500,000 | $12,500 | $3,125 |
| $750,000 | $18,750 | $4,688 |
| $1,200,000 | $30,000 | $7,500 |
Condo buyers
Since Florida's post-Surfside reforms, condo associations must complete milestone inspections on older buildings and fund structural reserves. Before you count on a rebate, check the association's reserve study, recent special assessments and insurance. A $4,000 rebate means little against a $40,000 assessment.
Seller-paid compensation
Since August 2024, buyer agent pay is set in your buyer agreement. Your agent will usually ask the seller to cover it in the offer. If the seller agrees to a lower amount, your rebate is calculated on that lower amount.