A Near Record Level of Sellers Are Making Concessions Graph
As the market shifts, nearly 44% of today’s sellers are offering concessions. That includes throwing in perks for buyers like repair credits or help with closing costs. But here’s the key. Concessions aren’t losses. They’re tools. And the homeowners who understand that are winning – big time. The savviest sellers are using concessions to bridge gaps, sweeten offers, and get across the finish line. Because, with home prices up roughly 55% over the past five years, there’s plenty of room to negotiate and still come out ahead. Want to go over which levers are worth pulling in our market? Let’s connect. That way, you know what’s working for sellers in your local area, whenever you’re ready to make your move.
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I’m Joe Peters, a twenty-plus-year real estate agent with Coldwell Banker Residential Brokerage. I work with people that want to buy or sell a home (or both) in Hunterdon or Somerset County, NJ. Clients rely on me for in-depth market and neighborhood insights and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.
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