Real Estate Talk-Why Should The Seller Pay The Buyer's Closing Cost?
Getting ready to list your home in Alexandria La? A common seller objection centers around the buyer's closing cost. As a seller, why should I consider paying part of the buyer's tab? Let's take a look!
Reasons Sellers Should Consider Helping With Buyer Closing Cost
1) Buyers may need the help--Like everything else in this world, closing costs have increased. I remember back in the last recession seller paid closing would land between 3,500-4,500 dollars. An offer we received last week had TWELVE Thousand in closing costs! Couple this with the mandatory down payment and this figure could be more than most buyers have!
2) We can use the potential concession in advertising-- Nothing attracts eyeballs like free money! When we list a home our aggressive marketing puts your house in front of many people. Imagine the power of dangling a potential freebie to the buying public.
3) The market will keep you from offering too much-- With a home priced close to market value, that possible seller concession may get us more buyers. A bidding war normally works in the seller's benefit.
As a listing agent my job is to get the seller the most money AND the best possible terms. Ready to sell your Alexandria Louisiana area home? Call Doug Rogers (318) 613-1994 today. Go to Alexandria La Homes For Sale to see how your properties compare to the local competition.
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