The home buyer registers himself with the agent called as the buyer’s agent. The builder or the seller has their own agent termed as the listing agent. In most real estate transaction the seller is the party who pays the commission, not buyers.
The seller pays commission to the listing agent. The listing agent shares a portion of this commission with the buyer’s agent. For instance the buyer’s budget on the base price is between $200,000 – $299,000 the rebate is a flat $1000, between $300,000 – $399,000 it is $2500 and goes on. Please use the rebate calculator beside and check the category you fall into