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quick buyer tip what are seller concessions seller concessions are any type of give that the seller gives to the buyer for instance we by default ask for the seller to pay for a residential home warranty up to 500 now if the if the seller agrees thats a seller concession theyre conceding to give you something now other seller concessions might include closing costs for the buyer now we have not seen a seller give a buyer closing costs since covid right thats because weve been in a very strong sellers market however when we return to a buyers market then were going to see buyers asking sellers to give concessions primarily in the form of offsetting their closing costs because for a buyer your closing cost might be three to four percent of the purchase price of the home so two thousand dollars so you might be looking at about six thousand dollars you could ask a seller for any portion of of that amount to cover your closing costs but remember sellers have their own closing costs a
