Case Studies

Just Sold: Edmonds New Construction — $29,404 Buyer Rebate on $1.72M Home

Just Sold: Edmonds New Construction — $29,404 Buyer Rebate on $1.72M Home
ShopProp buyer closes on brand-new Edmonds, WA home at $1,719,995 with a $29,404 rebate. Traditional commission would have been $43,000.

Just Sold - 5728 160th St SW, Edmonds WA - $1,719,995 - ShopProp buyer rebate $29,404

On July 14, 2026, a ShopProp buyer closed on a brand-new construction home at 5728 160th St SW, Edmonds, WA 98026 — a stunning modern home priced at $1,719,995.

The buyer paid ShopProp flat fee of $4,995 and received a $29,404 rebate at closing. With a traditional agent charging 2.5%, the buyer would have paid approximately $43,000 in commission — and received nothing back.

The Math

  • Sale price: $1,719,995
  • Traditional 2.5% commission: $43,000
  • ShopProp flat fee: $4,995
  • Buyer rebate: $29,404
  • Total savings vs traditional: $38,005

That is $38,005 the buyer kept in their pocket instead of paying a percentage-based commission.

Why New Construction Buyers Need a Managing Broker

New construction purchases come with unique challenges — builder contracts favor the builder, upgrade negotiations require market expertise, and warranty terms need careful review. ShopProp puts a managing broker on every transaction, not just a sales agent. That is 18 years of experience and over 4,000 completed transactions backing every deal.

Many buyers assume they will save money by going directly to the builder without an agent. In reality, builders price in the buyer agent commission regardless. With ShopProp, you get full representation AND the rebate.

Edmonds, WA — A Growing Market

Edmonds continues to attract buyers with its waterfront charm, top-rated schools, and easy access to Seattle via the Sounder train. New construction in this area reflects strong demand for modern homes in established neighborhoods.

Calculate Your Rebate

Whether you are buying new construction or resale, ShopProp flat-fee model means you keep more of your money. Use our savings calculator to see your exact rebate amount.

ShopProp is licensed in Washington, California, Hawaii, Arizona, Texas, Virginia, Colorado, and Michigan. Learn more or get started today.

As featured in NPR, USA Today, and New York Post.