Top Seller Concession Examples Every Home Seller Should Know

"Selling a home often involves negotiation. One tool that can help you attract buyers, smooth out deal hiccups, and close faster is the seller concession. Instead of cutting your asking price, you can offer to cover certain costs or provide credits that reduce the buyer's upfront expenses Whether you're selling a home in , , or , this Redfin guide will walk you through seller concession examples, why they matter, and how to know when offering them makes sense."

"Seller concessions are incentives that a seller agrees to provide during the home sale process. They typically involve covering or offsetting some of the buyer's expenses, which can lower upfront costs and make the purchase more affordable. Common concessions include: Paying for closing costs such as escrow, title insurance, or loan origination fees Offering cedits for repairs or upgrades flagged during a home inspection Contributing toward a buyer's interest rate buydown to reduce monthly mortgage payments"

Seller concessions are incentives where a seller covers or offsets buyer expenses to lower upfront costs without reducing the listing price. Common concessions include paying closing costs, offering credits for inspection repairs, contributing to interest-rate buydowns, and providing warranties or personal property. Concessions change the buyer's financial picture rather than the sale price. Concessions commonly arise during inspection negotiations, when financing requires repairs for FHA or VA loans, in slower markets to attract budget-conscious buyers, or to encourage a faster close. Using concessions can smooth cost or timing challenges and help complete sales more quickly.

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