Comments on: LendingTree/Costco Realtor Commission Rebate

By: Jack Sherman

Jack Sherman — Thu, 12 Mar 2009 22:50:47 +0000

My name is Jack Sherman. I am a Realtor with Prudential Olympia Realtors. I have been the Costco / LendingTree / Realestate.com agent for the last 8 years. One of my last clients bought a $324,000 home called me up a few weeks later and said I was the man.

They had just got a check back from Costco for over $2000,00. Plus $200,00 in Costco cash cards. He got his loan from USAA.
The way this works is you have to buy the property through the LendingTree / Costco Agent. I pay a 35% referral fee to LendingTree / Costco They keep some of the money and rebate the rest back to the client. It is a Great deal one year I closed 16 of them.

You can also get Home Depot Gift Cards, Airline miles, Visa Gift cards and more. You do not have to finance through them if you buy through me. If you are only getting a loan you would have to go through them to get a rebate on the loan side.

If you have any Questions I am easy to find.

By: Stephen

Stephen — Fri, 25 Jan 2008 04:01:29 +0000

…….watch out! Lending tree refused to give me the incentive because I did not finance my purchase through them.

By: mv

mv — Thu, 18 May 2006 04:51:11 +0000

Commissions are negotiable. Paying 1% to agent to help me sell my house. Paying for expertise in negotiation, reviewing offers and contracts. Still paying 3% to buyers agent to steer their buyers. Saving a ton this way.

By: Andrew

Andrew — Wed, 17 May 2006 20:39:34 +0000

I was not aware of these rebates. Companies will do anything to get your business. But hey if they are willing to fork over some money then why not be the recipient.

By: CK

CK — Wed, 17 May 2006 20:26:50 +0000

I feel like a dope, I heard of these types of deals just after my most recent home purchase.