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You are here: Home / Real Estate / Buyers Regain Negotiation Power

Buyers Regain Negotiation Power

September 21, 2022 by Elegant Casas

According to a new Realtor.com survey, 92% of people who sold their home within the last year accepted some buyer-friendly terms and 41% accepted some contingencies to entice buyers into signing contracts.

Those included:

  • 41% Accepted some contingencies in the contract (appraisal, home inspection, home sale, financing, etc.)
  • 32% Dropped the price because the home didn’t meet appraisal
  • 32% Paid for some or all of the buyer’s closing costs
  • 30% Had to be flexible on the ideal timeline for closing
  • 29% Paid for repairs to the home after the appraisal
  • 28% Were not able to rent the home back after closing despite asking to

Full Article: https://www.forbes.com/sites/brendarichardson/2022/08/30/bargaining-power-is-back-92-of-recent-sellers-accepted-buyer-friendly-terms

Filed Under: Real Estate

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5811 Memorial Hwy #201
Tampa, FL 33615
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