McGrady’s Home Buyers Incentive

The simplest example we can use is a listing contract that has a commission fee of 6% of the final sales price. This is a typical commission in our area, but you will find all sorts of commission percentages as each listing is unique.

The seller hires a listing agent to list and market their property for sale. The seller agrees to pay the Real Estate broker 6% upon a successful sale. Next, the listing agent will place the property on the MLS (Multiple Listing Service) and offer a portion of the 6% commission (usually half) to buyer agents to bring their buyers to the table. In this example, 3% of the sales price will go to the listing broker, and 3% will go to The McGrady Group LLC if we are able to find a buyer for this property. This money comes from the Seller’s proceeds at closing.

We then discount our commission to 2% of the final sales price and offer the remaining 1% to our clients as a closing cost credit. We will rebate up to 1/3 of any commission earned at closing. In 2020, our buyers averaged a tax-free, cash rebate of $4500 which lowered their overall downpayment by the same amount. We think it’s the best deal in real estate. So do our clients!

Our BUYERS INCENTIVE dramatically lowers the costs of purchasing a home compared to other buyers working with the big box realtors charging high fees. One of the most important reasons you would hire us as your agent is so that we can find you a good deal and assist you with your real estate contracts. Our job is to save you money. Our Buyers Incentive is designed to do just that!

Respectfully,
The McGrady Group LLC

Call Now: 608-772-3640