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Deanne M. Po…, Real Estate Pro in Reno, NV

Should the buyer being asking for seller concessions in our current market and if so what is recommended?

Asked by Deanne M. Powell, Reno, NV Wed Aug 22, 2012

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They can ask for concessions but it will make a difference on what they offer on the property. In other words, if the buyer asks for $5000 in closing costs on a $200,000 house it is like offering $195,000. If they offer $180,000 and ask for $5000 then it's like offering $175,000. If they offer $205,000 and ask for $5000 I bet the sellers say yes.

It's all about the bottom line.
0 votes Thank Flag Link Wed Aug 22, 2012
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