What You Need To Know About Concessions
Some Highlights
- Now that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal.
- That's why almost half of homeowners are making some type of concession. This can include covering closing costs, paying for repairs, or dropping the price.
- Not sure which concessions to offer? Connect with a local agent so you know what’s working for sellers in your market.
You may have seen talk online that new home inventory is at its highest level since the crash.
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market.
