What are seller concessions and when should I offer them?
By Bob Millaway, South Jersey Community Expert & REALTOR®
Seller concessions are costs the seller agrees to pay on the buyer's behalf, such as closing costs, home warranty, or prepaid fees. Concessions can make your home more attractive to buyers who need help with upfront costs. They are common in slower markets or when your home needs updates. Your agent can advise on the right amount to offer without affecting your net proceeds too much.
Why It Matters
Strategic concessions can help close a deal when buyers are stretched financially or when your home competes with newer properties.
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