Someone called on one of my listings today saying he wants to see it, but didn't want to waste his time if we didn't do "assignement of funds at closing." He also mentioned this having to do with "lender rebates."

I told him I'd ask my broker about it and get back to him tomorrow.

I plan to of course ask my broker, but I'm really curious and I thought maybe you guys could give a quick explaination. I'm only 4 months in the biz, so I'm unfamiliar with these terms.

Thanks a bunch!