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We pay you 75% of our sales commission as your NYC sales commission rebate.
Compare our King-Size Sales Commission Rebate to other NYC brokerages. We are #1
The seller pays the entire sales commission. New York City commission rates are generally 5%-6% of the sales price equally split 50/50 with seller's broker and buyer's broker. A Buyer's Broker's commission is generally 2 1/2 - 3% of the sales price. We know that is a lot of money! We will pay you 75% of our commission.
Broadly speaking, fiduciary duty is a duty of loyalty and a duty of care. That is, the fiduciary must act only in the best interests of their client. The fiduciary must act diligently in those interests.
The broker representing the seller has a fiduciary duty to the seller. The seller's broker is representing the best interests of the seller.
A buyer's broker has a fiduciary duty to the buyer. Think about it like this. If you were being sued would you hire the same attorney as the person sueing you. You need someone who will diligently protect your interests and rights.
Everyone will agree that is just obnoxious. We will pay you over $22,000 when you buy a $1,000,000 home with us.
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.
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).
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.
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.
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.
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.