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Realtor rebate- Washington State

My brother is a newer agent so he offers rebate to all clients- including me. He insisted on giving me $8k rebate. My closing cost estimate is about $11k. The lender is giving me about $7.5k credits if I pick a bit higher interest rate (still a pretty good rate). The difference on monthly payment is like $50 more if I pick the higher rate. Planning to refi within 2-3 years when it makes sense. Besides closing cost, what can realtor’s rebate applied to? 1 year of HOA, property taxes, appliances ? I want to maximize my savings, but lender’s credits + my brother’s rebate exceeds the closing cost. It can’t be applied towards down payment. Gift cards and cash NOT an option, everything needs to be on paper and legal.

Thanks in advance!

submitted by /u/Ambitious-Floor1866
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source https://www.reddit.com/r/RealEstate/comments/1ez8lzm/realtor_rebate_washington_state/
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