LOS ANGELES--(BUSINESS WIRE)--DwellWell, the home buying hub, announces a solution for cash-strapped homebuyers: the DwellWell homebuyer rebate program. The requirements are simple. When buyers use a local agent from DwellWell’s vetted network to purchase a property, DwellWell agents share a portion of their commission back with buyers in the form of a closing cost credit.
On a $500,000 property, buyers typically receive a credit at close between $3750 - $4500 depending on their agent’s commission percentage, providing an injection of cash when buyers typically need it most – at the very end of an expensive ordeal and with more expenses like moving, renovating, and buying furniture rapidly approaching.
“We created DwellWell with an obsessive focus on the homebuyer. We are always looking for creative, new ways to make home buying simpler, more accessible, and less painful,” said Matt Canzoneri, CEO of DwellWell. “Cash back is probably our biggest benefit to date. It addresses the biggest pain buyers feel at the moment they feel it the most.”
90% of recent homebuyers were surprised by unexpected costs of financing or maintaining their property, with renovations and appliance repair or replacement among the top surprises. The impact of unexpected expenses can quickly turn homebuyer sentiment from excitement into dread. Commission sharing brings joy back to home buying by helping buyers prepare for unexpected expenses or better enjoy their new home.
DwellWell requires agents that use their platform to share 30% of their commission. For a limited time, this share of commission goes entirely to the homebuyer. DwellWell plans to take a small part of the commission in the future.
“The market is tough right now with higher interest rates and prices. We’re in a position to help out a little bit extra, so we should. We want to help make as many happy homebuyers as possible,” said Canzoneri.
In addition to the homebuyer rebate program, DwellWell recently announced the first conversational AI for homebuyers, bolstering its suite of homebuyer tools. Explore their tools or set up a virtual meeting with a local DwellWell agent at dwellwell.com.
DwellWell’s all-in-one home buying platform makes it easy for modern buyers at every step. Whether buyers are years away from making a purchase and looking to learn or they are pre-approved and ready to buy now, DwellWell provides personalized tools, resources, and connections to vetted, local real estate agents that make the process a breeze. Their cash back program ensures every buyer gets money back at close, bringing joy to the final step of their journey.