New Jersey

	Allows choice of brokerage services
	Prohibits brokers from offering rebates to consumers

New Jersey law explicitly prohibits real estate brokers from offering rebates to consumers. New Jersey consumers are unable to benefit from rebates that consumers in other states may receive.

In October 2006, Bill A3567 was introduced in the New Jersey Assembly. Bill A3567, if enacted, would allow brokers to offer rebates in New Jersey.

Learn more about:

• Brokerage services: Discount Brokers Can Make Selling a Home Less Costly
• Rebates: Rebates Make Buying a Home Less Expensive

Related documents on the Internet:

• New Jersey Statute § 45:15-17(k) prohibiting the payment of rebates
• New Jersey Assembly Bill A3567 repealing the ban on rebates

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