06 Aug 2007 05:52 am
Online Agents Offering Rebates
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When it comes to selling real estate, the Internet sometimes seems like a money-back coupon for new home commissions. Numerous online real estate brokers now offer both buyers and sellers rebates as an inducement to get their business. Typically, online agents will share a portion of the commission they receive in a transaction. Rebates, however, are flash points in the sometimes vociferous debate between the real estate establishment and the Internet insurgents. A handful of states actually bar the practice of rebates, on the grounds they could be misused as kickbacks. |
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