Poll: Most buyers use rebates for closing costs, moving

Real estate brokerage company ZipRealty last month passed the $100 million mark in rebates awarded to home buyers, though the company continues to operate at a loss and its business model is banned by rebate restrictions in some states.

The company has lobbied aggressively to open up markets that restrict its rebate practice and is backing legislation in New Jersey that seeks to open up the practice of rebates in that state.

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