A new Web site has launched that offers rebates to home buyers who work with its network of real estate agents. SavvyHomeBuyer.com offers cash rebates at closing of up to 1 percent of the value of the purchased home. Consumers who work with SavvyHomeBuyer agents perform some of the work themselves in the home-buying process, while the agents focus on the final phases of the home search and purchase.

“Internet home buyers are doing a lot of the legwork that used to be done by real estate agents, so we think they should be rewarded for that,” said Daniel Odio, founder of SavvyHomeBuyer.com. “With real estate prices and commissions getting out of hand, it’s ridiculous for agents to take more money for work they aren’t doing.

“Our agents are compensated for the work that is most valuable to the buyer client – things like writing contract offers and helping to close the deal,” Odio added. “That way it is up to the client to decide how much or little work they want to do on their own.”

SavvyHomeBuyer was formerly known as RebateReps, which grew into a national service after DROdio Realty, a full-service realty in Arlington, Va., that offers rebates to local buyers, began receiving inquiries from buyers across the country. Together these services have served over 1,000 buyers in the last year and given nearly $1 million in rebates back to consumers.

An announcement by SavvyHomeBuyer notes that a large number of home buyers use the Internet to help locate for-sale homes. “The result is that buyers are moving much more quickly to purchase their home after contacting a real estate agent,” the announcement states.

SavvyHomeBuyer is not affiliated with any real estate company, and its agents are from a range of brokerages.


Send tips or a Letter to the Editor to glenn@inman.com or call (510) 658-9252, ext. 137.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription