Last Updated: SEP, 2018
Hong Kong Property Discount Research Centre (HKPDRC) is dedicated to assist estate buyers to obtain Commission Rebate from estate agents.
We have successfully assisted many buyers to get
1.5% - 6% of Selling Price
(Around $90,000 HKD to $680,000 HKD)
Commission Rebate in cash.
What is Commission Rebate?
Commission Rebate is definitely - LEGAL.
Estate developers would pay commission to estate agents after they closed a deal.
A commission rebate (sometimes called a buyer rebate), is an act whereby the estate agents share part of their commission with the buyer, in exchange for the buyer to choose the estate agent and finish the deal.
However, many estate agents in Hong Kong do not keep their promise in commission rebate after making the deal.
The entry threshold of Hong Kong estate agents is not high, so the professionalism among local estate agents is very uneven. There are many wicked and unprofessional estate agents and agencies in local market.
For this reason, we have recruited quality estate agents, to be our “Certified Estate Agents”, provide an alternative to the buyers who could not seek suitable estate agents.
Nevertheless, buyers do not need our help if they expect that they can get decent services and commission rebate from their trustable agents.
We do not receive any benefit in providing the voluntary assistance to the general public, so we do not hard sell our “Certified Estate Agents”. It is our great pleasure, if our information could help the buyers to make a right purchase without misleading and cheating from malicious estate agents, and get decent commission rebate.
[Step 1] Buyers approach us (HKPDRC) for more information about property discount and commission rebate.
[Step 2] HKPDRC would arrange "Certified Estate Agents" to assist buyers, such as accompanying buyer to visit show flats. (Under our agreement, our agents cannot be pushy.)
[Step 3] After making mutual agreement in rebates, Certified Estate Agents would arrange to sign the Commission Rebate Agreement with buyer (could be witnessed by practising lawyer), “before submitting buying request to property seller (developer).”
[Step 4] Certified Estate Agents would assist buyers in the purchase, until finished payment and confirmed by the property seller (developer).
[Step 5] Certified Estate Agents would offer cash rebate and related gifts to buyers after receiving commission from property seller (developer). In case any conflict in the deal, HKPDRC would take an active role in investigation and follow up the liability.