Home sellers, What would you say if I asked you to pay to buy down a buyer’s interest rate?
You would probably look at me like I’m crazy, right? Wait just a second. Hear me out:
Recently, I sat with some clients of mine.
We were not getting the interest in their home that we had hoped. As you know, interest rates have increased significantly since this time last year and that has caused a lot of buyers put a pause on their home search.
If a seller would consider contributing towards reducing the cost of the interest rate for the buyers, that could ultimately help them get a better sale price for their home.
How so? Watch my video below where I explain this in more detail