We will provide you with a cash rebate of up to 1.25% of the purchase price of your new home when you buy Chicago real estate and
use Closing Cash Realty as your Realtor®. You can use your cash rebate to offset closing costs, purchase furniture, buy a new pet, or whatever you choose. We provide our buyer
clients with this rebate because we know that you're going to perform most of your
search on the Internet anyway, so why shouldn't you share in the commission?
The rebate that you will receive depends upon the price of the Chicago real estate that you purchase in accordance with the table below. Currently, we are not providing rebates to our buyer clients for Chicago area real estate transactions under $200,000.
| Purchase Price |
Rebate Paid After Closing |
| Under $200,000 |
No Rebate Paid |
| $200,000 to $349,999 |
1.00% of Purchase Price |
| $350,000 to $399,999 |
1.10% of Purchase Price |
| $400,000 to $424,999 |
1.20% of Purchase Price |
| $425,000 and up |
1.25% of Purchase Price |
For example, if you purchase a home for $500,000 we will pay you a cash rebate after closing equal to $6,250.00 less a $200.00 transaction process fee. All rebates are paid within 10 days after the closing date.
It is important to note that due to the large amount of time and effort involved and the uncertainty of ever closing, the maximum rebate percentage for a short-sale transaction is 0.75% of the home's purchase price. Foreclosure/REO transactions are paid at normal Buyer Rebate Plan levels.
The services that you will receive through our Buyer Rebate Plan are identical to or better than those of our competitors, even those who provide no rebate at all.
- We will provide you with a superior level of customer service
- We will provide you with a daily email report of active listings, based upon your criteria,from the MLS of Northern Illinois
- You select the properties that you would like to see and we will schedule an appointment for you
- We will accompany you on all property showings
- Once you're ready to make an offer, we will assist in negotiations and prepare all the necessary contracts
- We will prepare you for and assist in the closing
- Chicago real estate rebates are paid within ten (10) days after we receive our commission
Our Buyer Rebate Plan is a partnership between our buyer clients and ourselves. We are able to share a large portion of our revenue
by increasing the closed transaction volume with motivated buyers. For this reason we only accept qualified buyers that meet the following criteria:
- You must not be under an Exclusive Buyer Broker Agreement with another Illinois licensed real estate broker
- You MUST have a recent mortgage pre-approval letter from a financial institution
- You must be willing to accept a large rebate check from Closing Cash Realty after closing!
If you meet the above criteria and would like additional information please fill out the form to the lower right or call 312-282-7349. We'll contact you within one business day.