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Seller concessions and seller credits are often used interchangeably, but they're not the same. Concessions are incentives sellers offer to make the transaction more attractive. A seller credit is one type of seller concession designed to lower closing costs.
And in the current buyer's market, more and more sellers are offering concessions. In May 2026, over 46% of sellers offered concessions, according to Redfin.
Here's what you need to know about the two.
A seller concession is any financial or material benefit a seller provides to make the purchase more attractive to the buyer.
Seller concessions and seller credits are often used interchangeably, but they're not the same. Concessions are incentives sellers offer to make the transaction more attractive. A seller credit is one type of seller concession designed to lower closing costs.
And in the current buyer's market, more and more sellers are offering concessions. In May 2026, over 46% of sellers offered concessions, according to Redfin.
Here's what you need to know about the two.
A seller concession is any financial or material benefit a seller provides to make the purchase more attractive to the buyer.
3 months ago
