Buying a home in San Mateo is one of the biggest financial decisions you’ll make. Why leave tens of thousands of dollars with your agent when you could keep it? ShopProp’s home buyer rebate returns up to $35,005 on a $1,600,000 home — the largest buyer rebate available in San Mateo. Full representation, managing broker expertise, and nearly two decades of experience included.
* Buyer fees range from $4,995 to $7,995 depending on service tier. All tiers include managing broker involvement.
A $35,005 rebate on a $1,600,000 home in San Mateo is real money that makes a tangible difference in your home purchase:
Closing costs in San Mateo typically run 2–3% of the purchase price. Your ShopProp rebate can cover a significant portion, reducing your cash needed at settlement.
Apply your rebate toward mortgage points. Even a small rate reduction saves thousands over the life of a 30-year loan on a $1,600,000 home.
A larger down payment means a lower monthly payment, better loan terms, and potentially avoiding PMI. Your rebate gives you more flexibility.
Use the credit toward renovations, furniture, or whatever you need for your new San Mateo home. It’s your money — you decide how to use it.
| Brokerage | Their Fee | Your Rebate on $1,600,000 |
|---|---|---|
| Traditional Agent (2.5%) | $40,000 | $0 |
| Redfin | ~$28,000 | ~$12,000 |
| TurboHome | $7,500 | $32,500 |
| ShopProp | from $4,995* | up to $35,005 |
* Buyer fees range from $1,995 to $7,995 depending on service tier and price range. All tiers include managing broker involvement. See full tier details below.
ShopProp’s flat fee model means you keep more. On a $1,600,000 home, you receive up to $35,005 — more than any other brokerage in San Mateo. The math is simple: lower flat fee equals bigger rebate.
A bigger rebate doesn’t mean less help. ShopProp provides full buyer representation: tours, market analysis, offer strategy, negotiation, inspections, and closing coordination. Every step, handled by experts.
Rob Luecke, managing broker since 2007 with backgrounds in construction and finance, is involved in every San Mateo transaction. This level of expertise protects your interests and maximizes your outcome.
Over 4,000 successful home purchases. ShopProp has been delivering home buyer rebates longer than most competing brokerages have existed. Experience matters when hundreds of thousands of dollars are at stake.
A home buyer rebate is money returned to you from your buyer's agent's commission at closing. In San Mateo, the seller typically pays a 2.5% buyer's agent commission ($40,000 on a $1,600,000 home). ShopProp keeps a flat fee from $4,995 and returns the rest — up to $35,005 — to you as a home buyer rebate.
Yes. Your ShopProp home buyer rebate of up to $35,005 can be applied as a closing credit, reducing your out-of-pocket costs at settlement. Many San Mateo buyers use the rebate to offset closing costs, buy down their interest rate, or supplement their down payment.
Redfin's rebate varies and has been reduced in many markets. On a $1,600,000 home, Redfin might return ~$12,000. ShopProp returns up to $35,005 — that's $23,005 more. Plus, ShopProp provides a managing broker on every transaction, not just a salaried agent.
Transparent pricing — choose the tier that fits your needs. All tiers include managing broker oversight.
| Seller Tiers | Fee | What’s Included |
|---|---|---|
| Free | $0 | MLS listing only |
| Essentials | $1,995 | Photography, MLS, marketing basics |
| Full Service | $4,495 | Full marketing, negotiation, closing support |
| Concierge | 1% | Premium staging, enhanced marketing, white-glove service |
| Buyer Representation | Fee Range | Details |
|---|---|---|
| Under $700K | $1,995 – $5,995 | Rest of buyer commission returned as rebate |
| $700K – $1M | $3,995 – $6,995 | Rest of buyer commission returned as rebate |
| $1M – $2M | $4,995 – $7,995 | Rest of buyer commission returned as rebate |
| Over $2M | $7,995 (flat) | All services included — full rebate of remaining commission |
See your exact savings with our commission calculator, or talk to a managing broker today.
Or chat with our AI assistant for personalized help.
