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Commission Rebate Plan Buyer: Any commission over 1% on the purchase price would be credited to principal (buyer) on closing. Credit would be up to the limits as allowed by your lender or loan program. For example: | Purchase Price | Total commission paid at closing | My Commission | Credit to the principal | | $300,000.00 | $8,000.00 | $ 3,000.00 | $ 5,000.00 | | $400,000.00 | $10,000.00 | $ 4,000.00 | $ 6,000.00 | | $500,000.00 | $12,000.00 | $ 5,000.00 | $ 7,000.00 |
Seller: I will take 4.0% as a listing fee (1.0% listing broker + 3% for selling broker). For example: Sale price $400,000.00, listing broker commission $4,000.00 and selling broker commission $12,000.00
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