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Is it legal to receive a Real Estate Rebate?

April 26, 2017Legal Real Estate rebate

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Is it legal to receive a Real Estate Rebate?

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It is totally legal for a home-buyer to receive a Real Estate Rebate. Section 535.147 (c) of the Rules of the Texas Real Estate Commission states: It is not a violation of this section for a licensee to pay a portion of the licensee’s fee or commission to a party in the transaction. A licensee who intends to pay a portion of the licensee’s fee or commission to a party the licensee does not represent must obtain the consent of the party represented by the licensee prior to making the payment.