By working with our real estate agent partners, Gravy users are eligible to receive a Homebuyer Bonus after successfully closing on their new house. Most often (see restrictions below), this will come in the form of a check being mailed to you at your new address. Spend it on whatever you’d like!
Some restrictions apply: The Homebuyer Bonus is not available in Alaska, Iowa, Mississippi, Oklahoma, or Oregon. In Kansas and Tennessee, a gift card will be issued in lieu of a check. The Homebuyer Bonus is only available with the purchase of your home through the use of a Gravy-introduced real estate agent. The Homebuyer Bonus is not available in certain transactions with restricted agent commissions (including many new construction, For Sale by Owner, or For Sale by iBuyer transactions). Your agent can help you identify any transactions where the Homebuyer Bonus would not be available.
Customers with qualifying transactions will receive their Homebuyer Bonus via email within approximately 30 days of closing. From there, customers have the option to accept the payment digitally or request a paper check in the mail (unless indicated otherwise above).
See terms for additional details.