Frequently Asked Questions

  • I am a home buyer, how can CashbackBids.com save me money in a real estate transaction?

  • Home buyers are eligible to receive cashback at closing. Cashback is the commission rebate (typically 1% – 2%) given by the buyer’s real estate agent to the buyer at or after settlement (see example below).

    Simply click on Find a Home and locate one or several properties you are interested in. To get cashback offers from your local Realtors, click Get Offers Now. You are not committing to work with any particular real estate agent at that point, and we’ll be able to choose a Realtor based on their cashback offer as well as the Realtor’s unique characteristics (i.e. professional experience, areas of expertise, number of closed deals, etc.)

  • Real Estate Commission Rebate with CashbackBids.com

    Traditional Home Purchase
    (based on $450,000 property value)
    Home Purchase with Cashback Auction
    (based on $450,000 property value)
  • Are buyer agent’s services FREE for home buyers?
  • Yes, buyer’s agent services are always free for home buyers. Buyer’s agent plays an important role in a real estate transaction by exclusively representing buyer’s interests, helping find and analyze properties best suited to buyer’s needs, reviewing pricing trends in the desired neighborhood and negotiating on behalf of the buyer.
  • As a home seller, how can I maximize my commission savings?
  • By using CashbackBids.com, home sellers have an opportunity to save on real estate listing commission by creating a listing commission auction and inviting discount real estate agents in their area to provide their lowest commission offers. The example below shows your potential listing commission savings with CashbackBids.com:

  • Real Estate Listing Commission Savings with CashbackBids.com

    Traditional Real Estate Commission
    (based on $450,000 property value)
    Listing Commission Auction
    (based on $450,000 property value)
  • Am I making a commitment with a real estate agent when I select their offer?
  • You are under no obligation to work with any particular real estate agent(s) when you accept their cashback and/or discount listing commission offer(s). You may select several offers from different agents and will have an opportunity to ask any additional questions you might have for the agent before you meet with the agent and sign a representation agreement.
  • Will my personal information be held in strict confidence when using CashbackBids.com?
  • We take privacy and security of your personal information very seriously. None of the personal information provided by you on the website is ever made public or shared with anyone else. Only you as a prospective buyer and/or seller have the ability to share your contact information with a Realtor when you select their cashback and/or listing commission offer.
  • What is the process for getting cashback offers from my local Realtors?
  • For an overview of the entire process, please refer to How it Works section.
  • For home sellers, how does your discount commission service differ from flat fee MLS providers?
  • By creating a discount commission auction, you are not only able to take advantage of big discounts on listing commission, but also get access to valuable seller’s agent services, not offered by flat fee MLS providers. Seller’s agent play an important role in marketing the seller’s property, including assisting sellers in determining the current market value of the property (also known as comparative market analysis) and thus, maximizing the sales price, negotiating with the buyer’s agent to obtain the most favorable price for the seller, conducting open houses to increase the number of prospective buyers and offers, and managing other aspects associated with marketing and selling a property.
  • I am a real estate agent and would like to get more information
  • Real estate agents please refer to our Agent Information page.

Contact Us

Call us at(877) 864-0425
We are available 7 days a week 9 a.m. - 6 p.m. (EST)

Start my Savings!

Jump start your cashback and commission savings in as little as 5 minutes with the help of our intuitive and easy to follow wizard
I am Buying
I am Selling