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Information on the program:
1. Buyers receive a 10% (up to $500) commission rebate, which is applied towards closing costs.
2. Sellers receive a 10% (up to $500) commission reduction on a standard listing.
3. It has been approved by the North Carolina Real Estate Commission, but make sure that your lender will allow the rebate. From my experience, a small portion of loans (<5%) do not allow rebates.
Still have questions? Just ask!