A seller concession is a financial credit offered to the buyer instead of completing repairs before closing, typically in response to inspection findings.
In practice
A seller offers a $6,500 concession instead of completing repairs, and the buyer uses that credit to hire CRM Services after closing.
Why it matters
Seller concessions often delay but don't eliminate repair work.
Common questions
Should I offer a concession or fix the repairs?+
It depends — concessions are faster but repairs can preserve your sale price.
How much are typical concessions?+
Typically 1-3% of the sale price, but varies by market and negotiation.
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