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What Are Seller Concessions? Here’s Why They’re a ‘Win-Win for Both Sides’

Realtor.com

One type of incentive that buyers—and sellers—can use is called seller concessions. Seller concessions occur when a seller agrees to cover the cost of things the buyer usually pays for, such as closing costs , title searches, property appraisals, and other fees. How do seller concessions work?

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Cost to seller. Seller concessions. Home pre-inspection. In Kentucky, for example, the buyer typically pays for both the owner’s and lender’s title insurance policy and title search. But in Texas, the seller customarily pays for the owner’s policy while the buyer pays for the lender’s policy.

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What Is the Average Cost to Sell a House in California?

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Seller concessions might be a cost to sell a house in California.

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Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. Escrow generally costs 1% to 2% of the final price, so sellers can expect to pay 0.5%

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What Is the Cost to Sell a House in Seattle?

HomeLight

Pre-listing inspection: $279-$400, if desired or needed. Seller concessions. Seller concessions can contribute to the overall cost to sell a house in Seattle. These indirect costs may include seller concessions and buyer incentives. “The Title insurance premiums: $2,500. Seller concessions.

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Georgia Sellers: Here’s a Round Up of Your Closing Costs

HomeLight

Title search fee. After you accept the buyer’s offer, an attorney performs a title search to ensure the property is free and clear of liens or other conflicts of ownership. On average, title search fees run between $100 to $200. Seller concessions. Counties typically charge $10.00

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What Is the Cost to Sell a House in Texas?

HomeLight

Pre-listing inspection, if desired or needed: $279 to $400. Seller concessions. Negotiations with a buyer can result in additional indirect costs related to seller concessions or buyer incentives, although Candelaria believes that “a lower price is better than a concession.”. Title search fees $100 to $200.