What’s the difference between a Price Drop vs. Seller Concession? Let’s look at it in terms of what’s Best for YOU as a Seller. It might seem the same on paper, but in real life, they’re very different: PRICE DROP • Lower list price = more buyer interest and showings —> more competition • Can reset momentum if your home has been on the market • Helps attract buyers in a shifting market SELLER CONCESSION • Price stays the same, but you cover certain buyer costs • Can go toward closing costs, rate
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