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Home prices will drop to 2008-levels in these four cities: Goldman Sachs

Housing Wire

According to Redfin, San Diego and Phoenix are among the most popular markets for seller concessions. These concessions include offering buyers money for home repairs and mortgage-rate buydowns as homeowners continue to sell homes for below the asking price. However, not all hope is lost.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Your role as their agent is to ensure every offer is presented professionally to give your clients the best chance at landing their dream home. If you find any concerns that need to be addressed, this is the time to negotiate the contract further by requesting repairs, price reductions, or seller concessions.

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LendingPulse Q2 2023 survey: Mortgage pros share their biggest concerns, market outlook

Housing Wire

In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. For example, a 2-1 buydown can be paid for by the homebuyer or the home seller can pay for it as a seller concession.

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Game of chicken: Private MLSs stare down DOJ over settlement terms

Housing Wire

This manifesto has helped MyState develop a national footprint with listings for all types of properties, including single-family homes, manufactured homes, newly built homes, foreclosures and even land. REsides, an independently owned MLS based in South Carolina, has a similar comment box that can be used for seller concessions.

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What Is the Cost to Sell a House in Seattle?

HomeLight

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. Although sellers don’t have to make concessions to make the sale, maybe you want to make your house stand out from the rest?

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What Is the Cost to Sell a House in Chicago?

HomeLight

You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale. Seller concessions. Seller concessions. Seller concessions are another cost to sell a house in Chicago. You might not have to make concessions to make the sale. Closing costs.

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What Costs Are Involved in Selling My House?

HomeLight

Seller concessions. Home sales tend to involve several rounds of negotiation between the buyer and seller. Because of their potential to endanger the sale and the strength of the current sellers’ market, Kennedy says, “A lot of sellers aren’t willing to absorb those costs.”. Seller concessions.