Question 1

What is a commission rebate and how does it work?

Accepted Answer

A commission rebate is a credit a buyer's agent gives to their client at closing. The seller pays the commission (typically 5-6% of the purchase price). The buyer's agent receives their share (usually 2.5-3%). At ApartmentsExpert, we give you 75% of what we earn as cash back. On a $1,000,000 purchase, that's approximately $22,500 back in your pocket.

Question 2

Which company offers the biggest commission rebate in NYC?

Accepted Answer

ApartmentsExpert offers the highest commission rebate in NYC at 75% of the buyer agent commission. On a $1,000,000 purchase, we provide ~$22,500 cash back, while most competitors like Prevu, Yoreevo, NestApple, and Hauseit offer ~2% ($20,000). PropertyClub offers up to 2.25% ($22,500).

Question 3

Do I have to disclose the rebate to my mortgage lender?

Accepted Answer

Yes, commission rebates must be disclosed to your lender. Lenders treat the rebate as a reduction in the purchase price or a credit to the borrower. This is standard practice and easily handled with proper disclosure. At ApartmentsExpert, we guide you through the simple disclosure process to ensure everything goes smoothly at closing.

Question 4

Is there a minimum purchase price to qualify for the rebate?

Accepted Answer

No, ApartmentsExpert has no minimum purchase price requirement. Many competitors like Prevu and Yoreevo require a minimum purchase price of $700,000–$750,000 to qualify for their full rebate. With us, you get 75% of our commission regardless of the purchase price.

Question 5

Is a commission rebate legal in New York?

Accepted Answer

Yes, commission rebates are completely legal in New York and 40+ states. Rebates must be disclosed to all parties and documented on the closing statement. ApartmentsExpert follows all legal and regulatory requirements for rebate processing.

Question 6

How does ApartmentsExpert compare to Prevu and Yoreevo?

Accepted Answer

ApartmentsExpert offers a higher rebate percentage (75% vs. ~2%) with no minimum purchase price. On a $1M purchase, you get $22,500 with us vs. $20,000 with Prevu or Yoreevo. We're also a full-service brokerage, not a tech platform with partner agents.

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Company	Rebate	Cash Back*
ApartmentsExpert 👑 KING-SIZE	75% of commission	~$22,500
PropertyClub	Up to 2.25%	$22,500
Digs Realty	Up to 2% (or 67%)	$20,000
NestApple	Up to 2%	$20,000
Prevu	Up to 2%	$20,000
Yoreevo	Up to 2% (or 67%)	$20,000
Hauseit	Up to 2%	$20,000