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How to navigate the real estate market through seller concessions

Real Trends

Agents, has the fluctuating market made it more difficult to close deals this past year? 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. You are certainly not alone. In some areas of the U.S., In some areas of the U.S.,

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4 Scenarios Where Sellers Can Use Seller Credits to Close the Sale

HomeLight

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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What Are Common Terms and Conditions in a House Offer

Realty Biz

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. Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. Home Sale Contingency.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

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. With bidding wars being the norm and not the exception, many buyers were waiving their inspection to strengthen their offer. Best of luck with your purchase!

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Here’s How Much Money You’ll Keep After Selling a House

HomeLight

One of the first steps in assessing how much money you’ll keep after selling your house, is determining its possible market value. The estimate is a ballpark indicator of how you might set the sale price. It’s a very prudent part of the process as an experienced agent can provide a comparative market analysis.”. Get Estimate.

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What are Closing Costs?

Windemere Selling

The closing process in a real estate transaction finalizes the terms of an agreement between the buyer and seller, leading to the transfer of the property’s title. Before a buyer can hold the keys to their new home, and before a seller can celebrate the sale of their property, closing costs must be paid.

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Are There Disadvantages to the Seller Paying the Buyer’s Closing Costs?

HomeLight

So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. To top it off, buyers sometimes ask sellers to pitch in for their closing costs, too — another 2% to 3% of the sales price. And if you do, what are the downsides to paying for the buyer’s closing costs as the seller?