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Our Licensed MLS® Cash Back REALTORS® Speak to One of Our Cash Back Agents About a Home Purchase in Ontario

What Is a Cash Back Rebate and How Much Can a Buyer Get?
 
Increase Your Purchasing Power With A Green Hedge Realty Cash Back REALTOR in Toronto and Surrounding Areas
A cash back rebate is a co-operating commission discount legally paid by a real estate brokerage to a buyer client after the successful closing of a home purchase. Green Hedge Realty pays its buyer clients cash back rebates equal to co-operating commission minus one percent (1%) of the purchase price. In Ontario, sellers typically pay up to 2.5% in co-operating commission to buyer agents. Green Hedge Realty keeps just one percent (1%), while the rest is paid back to the buyer client as a cash back rebate - often 1.5% of the purchase price, or $15,000 for every million dollars spent. On some listings, or in some locations the co-operating commission may be higher or lower. In those cases the cash back rebate will also be higher or lower. This tax-free money can be used to pay for renovations, home maintenance, a well-deserved vacation, or anything else.

Calculate the Cash Back Rebate Amount on Home Purchases Where 2.5% Commission is Paid Use the slider below to calculate the cash back rebate from Green Hedge Realty when a 2.5% co-op commission is paid on MLS. The first 1% of the purchase price is retained by the brokerage; the remainder is paid to the buyer. Higher commissions result in higher cash back.

Home Value:
$1,000,000

Cash Back Rebate:
$15,000

Cash Back Rebates Come Without Deductions. No Admin Fees, No Hidden Fees, and No Taxes are Subtracted
Any buyer client who works with a Green Hedge Realty cash back agent will receive the rebate as promised, deposited electronically to their bank account, with no deductions for fees or taxes. If the purchase price is $1,000,000 and the co-operating commission is 2.5%, then the cash back rebate will be exactly $15,000.
 

How it Works: From Initial Call to Closing & Cash Back Rebate
Increase Your Purchasing Power With A Green Hedge Realty Cash Back REALTOR
When you first speak to a Green Hedge Realty cash back agent, you'll have the opportunity to ask questions about the cash back rebate service and discuss your personal requirements, area of interest, and any factors that may affect your real estate purchase decision. If you decide to work together, your cash back agent will review and explain the 'RECO Information Guide'. Once signed, you'll both proceed to review and sign the 'Buyer Designated Representation Agreement,' which outlines the details of the cash back rebate.
 
After the representation documents are signed, your Green Hedge Realty cash back agent will set up a property search tailored to your requirements or start booking showings if you already have a list of properties in mind. When you find the right property, your agent will discuss an offer strategy and prepare the 'Confirmation of Cooperation and Representation' form, confirming the commission paid by the listing brokerage, along with the 'Agreement of Purchase and Sale,' which formalizes the offer.
 
Once the seller accepts the offer and all conditions are fulfilled, the agreement will be firm and your lawyer will prepare the final documents needed to complete the purchase and transfer title on closing date.
 
Following closing, after Green Hedge Realty receives the co-operating commission from the listing Brokerage, you will receive a direct deposit EFT for the cash back rebate and the transaction will be completed.

Are Cash Back Rebates Taxable Income? Is Land Transfer Tax Affected? Do Buyers Pay Less Harmonized Sales Tax (HST) on New Homes?
Increase Your Purchasing Power With A Green Hedge Realty Cash Back REALTOR
Generally accepted practice holds that a cash back rebate on a home purchase is a price discount, and no income tax is payable. If the home is later sold, this discount may have an effect on capital gains tax paid to the Canada Revenue Agency (CRA). However, since taxes vary based on individual circumstances and realtors are not experts on taxes, buyers are advised to consult with a tax professional regarding their specific cash back rebate.
 
In Ontario, a buyer may pay Provincial Land Transfer Tax (PLTT), Municipal Land Transfer Tax (MLTT), and, for new homes, Harmonized Sales Tax (HST). None of these taxes are affected by cash back rebates because they are calculated based on the value of consideration. However, rebates may be used to lower the negotiated purchase price, which would affect these taxes. For guidance on such strategies, buyers should consult with their designated cash back representative.

Our MLS® REALTOR® Buyer Representation Services Versus Theirs
Service Green Hedge Realty Inc. Traditional Brokerage Other Low Fee Brokerage
Unlimited Cash Back On All House & Condo Purchases ✓ ✗ ✗
No Limit on Showings. No Admin Fees. No Price Minimums. No Future Commitments. ✓ ✓ ✗
24/7 Designated REALTOR® Representative ✓ ✓ ✗
Negotiation Representation, Advice, & Assisstance ✓ ✓ ✗

What Our Clients Say ⭐️⭐️⭐️⭐️⭐️

I'm so glad I chose Green Hedge Realty for purchasing my townhouse. I was a little worried at first, that it wasn't real - 1.5% cash back seemed too good to be true, but after a little research, I decided to go for it. Michael Kushnir was assigned as my realtor. I REALLY appreciated his quiet, kind and no pressure approach. That is what you want when looking for a home. I can't thank him enough for his professionalism, knowledge and patience!! You're the best, Michael, and I will be recommending you and Green Hedge Realty to everyone looking to sell or purchase a home.

Deborah L. Buyer

We had a great experience working with Dan on our first home purchase. We didn't know what to expect from a cash back realtor but Dan really blew us away. He was always available to answer any questions we had and we really appreciated the amount of experience he had. We felt so comfortable working with him. Thank you Dan and Green Hedge!

Julia P. Buyer

Had a positive experience with Green Hedge Realty buying a condo downtown Toronto. Working with Michael was very easy. Quick to reply to any questions you may have along the way. Knowledgeable about the downtown area, and like others have said in their reviews doesn't pressure you into placing offers, etc. He definitely wants you to choose the property that is right for you, and will see more properties to make sure you find the one that's right for you. The Cash Back offer is also great, and definitely seems competitive compared to other cash back offers available.

Chris C. Buyer

Was looking to get into the real estate market in downtown Toronto this year and after some research went with Green Hedge Realty. Definitely would recommend Michael Kushnir. Viewed 10+ units with him, was very flexible with time, always had quick replies, and best of all saved close to $10 000/ gave me more purchasing power with the cash back offer.

D. Ling Buyer

I have never met anyone as dedicated, caring, considerate, patient, service oriented as Dan. To this day, I consider myself blessed to have worked with Dan. Dan went above and beyond in meeting my needs. I felt he was not my realtor but more of a family friend who, knowing my situation, accommodated my needs. The Brokerage firm, Green Hedge Realty, Inc, is also a great trustworthy firm. They sent me my cash back within a week of closing..

Dil B. Buyer

Arthur persevered with us and very patiently provided all the advice, analysis and insights that helped us find our perfect home within our budget. Finally and very obviously, the 1.5% cash back that we got from Green Hedge Realty is a large amount, and goes a long way in reducing the strain a house purchase can put on personal finances.

A. Upadhya Buyer

The best decision I made in my first-time home buying journey was working with Green Hedge Realty! From the start, their transparency and professionalism stood out—when I signed up for a quote, they even provided a list of competitor cash back brokerages so I could make an informed choice. Michael, my realtor, was phenomenal—incredibly knowledgeable, detail-oriented, and truly invested in making sure I found the right home. He got me into my first showings the day after our intro call, never pressured me, and was always looking out for my best interests. Even after my offer was accepted, he guided me through every step, from navigating a unique builder purchase to securing financing and attending my PDI. On top of an exceptional experience, I received $10,000 back in commission! I highly recommend Green Hedge and Michael to absolutely any buyer in the GTA!

Emily G. Buyer

Are Cash Back Agents Worth It? Do Buyers Receive Lower Quality Services?
Increase Your Purchasing Power With A Green Hedge Realty Cash Back REALTOR
When working with Green Hedge Realty's cash back realtors, buyers can expect to receive full designated representation services that meet the highest regulatory and professional standards.
 
Green Hedge Realty is licensed with the Real Estate Council of Ontario (RECO) as a Brokerage and insured under the Trust in Real Estate Services Act, 2002 (TRESA). As a member of the Toronto Regional Real Estate Board (TRREB), the Ontario Real Estate Association (OREA), and the Canadian Real Estate Association (CREA), Green Hedge Realty is also subject to a code of ethics and rules ensuring buyers receive professional and comprehensive representation services from qualified and experienced REALTORS®.
 
To ensure complete satisfaction with the services, buyers are encouraged to discuss their specific requirements, area of interest, and personal schedule with their cash back agent to determine if they are a good fit for them.

An Example: A Practical Look at How a Young Couple Benefited from a Cash Back Rebate on a Home Purchase with Green Hedge Realty
Increase Your Purchasing Power With A Green Hedge Realty Cash Back REALTOR
Alex and Taylor took full advantage of Green Hedge Realty's full-service approach, touring multiple homes in various Toronto neighbourhoods with their designated cash back agent to compare features, pricing, and overall value. This thorough approach, paired with their cash back agent's advice, equipped them with real-time market data to negotiate confidently and secure their dream home at a purchase price 8% below the seller's asking.
 
Additionally, the seller paid a 2.5% co-operating commission, and Alex and Taylor received a generous $22,066.20 cash back rebate — representing both immediate savings and future flexibility. By viewing multiple home listings and strategizing with their experienced cash back agent, they felt confident in their decision and can now rest easy knowing they made an optimal purchase without overspending. They invested part of their cash back rebate in home renovations, and deposited the other part in their Tax-Free Savings Account for future spending.

Are Cash Back Rebates Legal? When do Buyers Receive Them? What's the Catch?
Increase Your Purchasing Power With A Green Hedge Realty Cash Back REALTOR
Cash back rebates are legal and its terms will be outlined in the schedule to the standard Buyer Designated Representation Agreement a buyer will sign with their Green Hedge Realty representative prior to any offer.
 
Payments are made from the co-operating commission Green Hedge Realty receives from the listing Brokerage after the completion of a transaction. This can take anywhere from a few days after closing to a few weeks or longer depending on the listing Brokerage. As cash back rebates gain popularity in real estate transactions, new financial services may allow buyers to access these funds before closing, subject to interest fees.
 
There is no catch! The price of housing has outpaced wages to such a degree, that it's now possible to offer very high cash back rebates while still earning a sufficiently high wage as a Real Estate Agent. In addition, technological advances such as the Internet and electronic signatures, have made the job easier and enabled REALTORS® to provide MLS® services to more clients at the same time.