How does the 2% back work? How will I get paid?
Normally, 2.5% of the purchase price goes to the sellers' agent and 2.5% to the buyers agent. MassRealty is taking the place of the buyer's agent. With MassRealty, since you do most of the work, you earn 2%* of the buyer's commission while MassRealty keeps the remaining 0.5%. You will get a check 30 days after the closing of your house.
Can anyone become a MassRealty Local?
To keep the quality of our videos up, you have to apply to be a local. You can send in a sample video, and if you are approved you are able to make videos as a MassRealty Local.
What does paying for premium get me?
The MassRealty Premium membership gets you access to agent support as well as the ability to get 2% cash back on your home purchase.
How are the agents paid?
Our agents are paid salary, not commission. This means they are not going to try to pressure you to buy a house until you are 100% ready.
What happens if the commission is less than 2.5%?
If buyer's agent commission is less than 2.5%, the buyer's reward will equal buyer's agent commission less 0.5%.