Michigan home buyers can save thousands at closing with a buyer agent rebate. Whether you are buying in Detroit, Ann Arbor, Grand Rapids, or Traverse City, a flat fee buyer agent rebates most of the commission back to you.
How Michigan Buyer Rebates Work
The seller pays the buyer agent commission — typically 2.5% to 3%. A traditional agent keeps it all. ShopProp charges a flat fee of $1,995 and rebates the difference at closing.
Michigan Rebate Examples
Detroit Metro ($350,000)
Commission at 2.5%: $8,750. ShopProp fee: $1,995. Your rebate: $6,755. That pays for new appliances or covers your first year of property taxes.
Ann Arbor ($525,000)
Commission: $13,125. ShopProp fee: $1,995. Your rebate: $11,130. Ann Arbor is one of Michigan's priciest markets — rebates save the most here.
Grand Rapids ($375,000)
Commission: $9,375. ShopProp fee: $1,995. Your rebate: $7,380.
Traverse City ($475,000)
Commission: $11,875. ShopProp fee: $1,995. Your rebate: $9,880.
ShopProp vs Michigan Competitors
Michigan Luxury Realty and Modern Way Realty offer buyer rebates, but neither provides managing broker oversight on every deal. Kermath Realty and buyself.com offer percentage-based rebates that leave less in your pocket compared to a flat $1,995 fee. ShopProp has operated since 2007 across eight licensed states including Michigan.
As reported by USA Today and NPR, flat fee brokerages like ShopProp are changing how Americans buy homes.
Calculate your savings: ShopProp Savings Calculator