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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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What your customer should know before making an offer

Real Trends

Customers understand that the property address and a brief description are part of making an offer, but agents know there’s more to making an offer than that. Concessions. You are your customer’s best advocate when it comes to evaluating seller concessions. Education here is key.

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

HomeLight

For a deep dive on Georgia closing costs, we partnered with top Brunswick listing agent Valerie Burnett , who sells 45% more homes than the average local agent. We’ll break down customary sellers’ closing costs, plus some additional costs that are negotiable. Title search fee. Agent commission.

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What Are Common Terms and Conditions in a House Offer

Realty Biz

Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. When the home inspection finds some problems, the seller might agree to cover the cost and have the problem fixed. Lean on your real estate agent for their expertise. Home Sale Contingency.

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What Happens After Making an Offer on a House?

Windemere Buying

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. First, let’s take a look at the three ways a seller can respond to your offer. The timeline for inspections during the closing process vary state to state.

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Who Pays Closing Costs When Selling a House By Owner?

HomeLight

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. Buyer’s agent fee (~3%).

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Selling a House in Delaware? You’re on the Hook for These 9 Closing Costs and More

HomeLight

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% Real estate agent commission. Seller concessions.