Real Trends

APRIL 11, 2023

As Realtors, we had to think creatively to help our sellers sell their homes. To think outside the box, some Realtors began using seller concessions. Whereas seller concessions make the home-buying process more affordable and exciting for potential buyers, while also maintaining the home and the community’s value.

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Seller concession Closing costs Purchase and sale agreement Inspection contingency 76

Realty Biz

DECEMBER 5, 2022

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. Let's look at what you need to know about home inspection negotiations.

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Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

HomeLight

MARCH 31, 2021

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Seller credits are money the seller gives the buyer at closing.

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Closing Seller concession Sales Closing costs 105

Realty Biz

APRIL 20, 2022

When you understand these terms and conditions, you’re more likely to structure your offer in a manner that will be appealing to the seller. Let’s look at the most common contingencies in an offer and what they mean to buyers and sellers. Common Contingencies Found in an Offer to Purchase.

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Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 104

HomeLight

NOVEMBER 1, 2021

And if you do, what are the downsides to paying for the buyer’s closing costs as the seller? To explore the potential drawbacks of paying for buyer closing costs as the seller, we spoke with Tara Limbird , an Arkansas-based agent who heads a team of real estate pros that was nationally ranked at the top one half of 1% of Realtors®.

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Closing costs Closing Seller concession Purchase and sale agreement 97

HomeLight

JUNE 24, 2022

Another option is for sellers to get a pre-listing appraisal, although, according to Papa, it’s not common in the current market. For sellers who want to get a pre-listing appraisal done anyway, prepare to spend between $350 and $750. Start with a home value estimate. Just enter your address to get started.

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Seller concession Closing costs Inspection Homeowner’s association 104

HomeLight

APRIL 29, 2021

As a seller, your home sale price and proceeds are very different numbers. In Delaware, sellers typically pay 6% to 10% of the home’s sale price in closing costs. It’s customary for the seller to pay for closing costs like title search, title insurance, and transfer taxes. As a seller, you’re responsible for paying 1.5%

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Closing costs Closing Seller concession Homeowner’s association 85