Broker rebates catching on slowly

rehava buyers save thousands

Randall Watts was skeptical.

When local real estate agent Steve deGuzman promised to give him thousands of dollars as a rebate for retaining his services, Watts wondered: "What's the catch?"

When it came time for Watts, a university librarian, and his wife to buy their North Charleston home, they got the keys and a check for more than $3,000 at the closing table.
"I was sort of surprised how it worked out, because it sounded too good to be true," said Watts, who moved from Aiken in February.

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