For some homebuyers, cashback rebates can save thousands in real estate commissions

In Canada, the homeseller usually pays a commission to real estate agents on both sides of the transaction. But some agents are willing to offer a cashback rebate to home buyers, which works as a kind of discount on the total purchase price.

For some homebuyers, cashback rebates can save thousands in real estate commissions
A red 'Sold' sign atop a black for sale sign in front of a home.

In Canada, the homeseller usually pays a commission to real estate agents on both sides of the transaction. But some agents are willing to offer a cashback rebate to home buyers, which works as a kind of discount on the total purchase price.