Good Morning,
Attached is a tool you can use to educate your sellers and buyers on options. The chart explains how a buyer can financially benefit from the seller buying down their interest rate versus lowering the sales price. Maybe you can share the financial benefit with a buyer making an offer on your listing? Maybe you can share these tools with a buyer you are representing? Keeping the sales price and buying down their rate benefits all parties in a transaction. It would be the same money out of pocket for the seller, but would keep prices up in area, lower the housing payment for a buyer and keep your commission paid on the higher sales price. Take a moment to review and call/email us if you have any questions.
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