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Prodigy Residential logo
Prodigy Residential
  • Home
  • About
    • About Us
    • Guarantees
    • The Team
    • Our AI Edge
    • Areas
    • Philanthropy
    • FSBO
    • Partners
  • Homes
    • Sell a Home
    • Buy a Home
    • Home Loans
    • Down Payment Assistance
  • Land
  • Resources
    • Free Resources
    • Seminars
    • Rebates
    • Discounts
    • Buy Before You Sell
    • Calculators
      • Calc General
      • Calc for Buyers
      • Calc for Sellers
      • Calc for Investors
  • For Builders
  • Careers
    • Sales Agents
    • Internship Program
  • Referral Rewards
  • Podcast
  • Contact
8889709736
Sign In
Sign Up
Prodigy Residential logo
Prodigy Residential
  • Home
  • About
    • About Us
    • Guarantees
    • The Team
    • Our AI Edge
    • Areas
    • Philanthropy
    • FSBO
    • Partners
  • Homes
    • Sell a Home
    • Buy a Home
    • Home Loans
    • Down Payment Assistance
  • Land
  • Resources
    • Free Resources
    • Seminars
    • Rebates
    • Discounts
    • Buy Before You Sell
    • Calculators
      • Calc General
      • Calc for Buyers
      • Calc for Sellers
      • Calc for Investors
  • For Builders
  • Careers
    • Sales Agents
    • Internship Program
  • Referral Rewards
  • Podcast
  • Contact
8889709736
Sign In
Sign Up
Prodigy Residential logo
Prodigy Residential

Rebates

Closing Credit Rebate

How it’s earned: Client signs our exclusive buyer‑broker agreement before touring. We provide a credit at closing equal to a % of our earned side of the commission or buyer‑paid fee.

How it’s paid: “Broker Credit to Buyer” on the Closing Disclosure—not a check after closing. If there isn’t room because of IPC limits or the buyer’s costs are fully covered, we reduce our fee on the settlement statement so the net benefit still reaches the client without exceeding limits.

Launch with 20% of our side back, $500 floor / $10,000 cap, pre‑split funding, excluded on high referral‑fee deals, and with an internal rule that broker margin after overhead must be ≥ $1,000.

Eligibility guardrails:

  • Not available on transactions with third‑party referral fees > 25–30% of GCI (e.g., portal/flex/referral marketplaces).

  • Must be disclosed in the buyer‑broker agreement and in the purchase offer if your state requires it.

  • Subject to lender/underwriter approval and IPC caps; not available where prohibited by law. Selling Guide

Operational checklist:

 

  1. Rebate clause and amount (or formula) in the buyer agreement.

  2. When drafting the offer, include a short line noting the anticipated broker credit to buyer (if your market custom requires).

  3. Send closing instructions to escrow/attorney: “Please show a ‘Broker Credit to Buyer’ of $X on the CD. If IPC capacity is insufficient, reduce our fee by the unused amount so the buyer still receives the full value.“ 

Available where permitted by law. Credit shown on the Closing Disclosure; no cash back. Subject to lender approval and IPC caps. Min. purchase price and other restrictions may apply.

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Address

Prodigy Residential
620 Newport Center Dr Suite 1100Newport Beach CA 92660US
8889709736

Areas

  • Orange County
  • Riverside County
  • San Diego County (North)
  • Los Angeles County
  • San Bernardino County

About

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For ADA assistance, please email compliance@prodigyresidential.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
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