What the heck is Seller's Assist?
Updated: Sep 15
In simple terms - Seller's Assist involves the seller providing a credit used to pay the buyer’s closing costs. Most times, a seller will help a buyer if their offer is at or above the listing price. This way, the seller’s net sale price is close to what they’re asking but the buyer does not have to bring additional cash to closing.
For Example: A seller is asking for $100,000 to sell their home.
A buyer may offer $105,000 with $5,000 seller's assist.
Net sale price is $100,000 ($105,000 minus $5,000)
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