313 Hixon Place, Wilmington NC 28411


Call or Text (910) 297-2264

Welcome to 1% Rate Realty


Reviews on Zillow
"The 1% back is a great idea!! Michael helped us find out info from the builder and made sure everything was completed on time. He was always prompt ... more "
by mattunderwood123
"Fortunately for us, Mike was recommended by a friend. He was born and raised in the area and is very much in tune with the various local markets. He ... more "
by Gareth McEwan
"Mike was a great realtor! We are first time homebuyers and he was very patient with all our questions and with the amount of homes we wanted to see. ... more "
by Mallory Joyner
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About 1% Rate Realty

1% Rate Realty is an insured 100% Full Service Real Estate Firm that extends Rebates to Buyers along with Discounted fees to sellers. Through technology and hard work this is the modern way of buying and selling Real Estate.

No expensive offices,franchise fees and trickle down commission splits..This typically results in $1000`s of dollars in savings to both Buyers and Sellers on every transaction side we represent

Wilmington Real Estate Buyer and Seller Advantages

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Buyers Rebate

Buyers who work with us will receive up to 1% of purchase price. Sellers traditionally sign a listing agreement to pay commissions to the listing Firm as well as the Buyers Agent Firm. This allows the buyer to receive representation at no out of pocket cost. Apply up to 1% (which can be 1000`s of dollars) towards Closing Cost (which can be 1000`s) associated with buying a home.

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Sellers Pay as low as 1%

Keep your equity. Sellers are traditionally responsible for commissions to facilitate the sale of their property. The National Association of Realtors stats reflect the median home price sold through Realtors was $295,500 compared to $217,000 on For Sale By Owner in 2020. Maybe that`s why over 90% of Sellers work with a Real Estate Agent.

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Featured Properties

What our clients are saying...

Michael was able to assist us in selling our beach home in a timely manner. We spoke to several other Realtors and Michael offered the same services but at almost $10,000 in savings on the Lisiting side alone. We will definitely use him again when we decide to buy/sell other properties in the...

- Eddie

What our clients are saying...

“Michael has always had our best interest in mind and was always available day or night. We’ve done 4 real estate deals with him  in 4 years  and we wouldn’t use anyone else. The fact that he’s offering 1% back on all transactions is one of the many reasons...

- Ross

What our clients are saying...

Mike helped make the home buying process a great experience,      Not only did he help me find the home of my dreams but he provided a Rebate of almost $4000.00 that was applied to my closing cost. I would recommend him to all family and friends. 

- Diane

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