Home sellers often lose significant money due to concessions and renegotiations post-offer acceptance. According to a survey by Clever Real Estate, nearly 90% of sellers make price reductions or repairs, resulting in an average loss of $7,200 per transaction. To mitigate these losses, sellers should consider working with real estate agents, conducting pre-inspections, and setting firm deal terms with contingencies.
Read the full article at Realtor.com Blog
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