Seller Concessions: When and How They Can Work in Your Favor

What Are Seller Concessions?

They’re agreements where the seller covers certain buyer costs—often closing costs—to help make the deal work.

Why They’re Useful

• Attract buyers in a slower market

• Help bridge the gap after a low appraisal

• Keep a deal alive if a buyer’s budget is tight

Local Example

I had a Lakeland listing where we offered $5,000 in concessions toward the buyer’s closing costs. The buyer used it to buy down their interest rate—making the payment affordable and securing the sale.

Bottom Line: When used strategically, concessions can create win-win situations that get deals closed.