Our rebates put money in your pocket.
When people first hear about Territory's business model, they usually ask, "What's the catch?" Well, there is no catch. We've just found a better way to do real estate, that's all.
Using a traditional model, 5% of the home's purchase price goes to the brokers. Typically, the commission is split evenly between the listing agent and buyer agent.
At Territory, we take the buyer agent's portion of the commission, subtract our flat fee of $7,500 and give the balance to you. (Territory Guides close more deals than most traditional agents, which allows them to earn more over time even while making less on each transaction.)
Let's run the numbers.
This sample transaction shows how the numbers work out with Territory:
- The seller and buyer agree to a purchase price of $500,000.
- The 5% commission ($25,000) is split evenly between the listing agent and Territory. In this case, each side receives $12,500.
- Territory deducts our flat fee of $7,500 and rebates the remaining $5,000 to you.
Did you know?
If the buyer doesn't have an agent, the entire commission goes to the listing agent. As a buyer, then, there is no financial benefit to purchasing a home on your own. And if the transaction gets complicated — as they often do — you could be leaving yourself vulnerable.
Here's the fine print.
Our service carries a minimum fee of $7,500. Rebates are subject to your lender's approval, and VA or FHA loans may have restrictions. You cannot use your rebate as part of your down payment or to meet the capital reserve requirements of your loan program.