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Updated over 3 years ago on . Most recent reply

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Doug Spence
  • Investor
  • San Diego, CA
975
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1,242
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Seller Credit for Rate Buydown Strategy?

Doug Spence
  • Investor
  • San Diego, CA
Posted

Has anyone had success attracting buyers by offering a seller credit for an interest rate buydown? An agent buddy of mine suggested it and it sounds like a potentially great sales tactic in the current environment. 

I listed two homes at the beginning of August and I have not gotten nearly the amount of interest that I was expecting thanks to the rising interest rate. I've already dropped the list price a few times for both properties.  

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