When it comes to selling a home in Arlington, Virginia, real estate agents often provide incentives to buyers and sellers to make the process more attractive. One of the most common incentives is a credit to cover closing costs. This credit can range from 3-6% of the sale price of the home and can be a great financial help for buyers. Realtors can help sellers calculate the amount of credit they can afford to offer and create a package that will make their home stand out from nearby properties.
According to the National Association of Realtors (NAR), 17% of all home sellers offer a home warranty as an incentive. This is more than aid for closing costs (14%), credits for remodeling and repairs (8%), or other incentives such as cars or televisions (3%). Home warranties are an attractive option for buyers because they provide peace of mind that any major repairs or replacements needed during the first year of ownership will be covered. In addition to offering credits for closing costs and home warranties, realtors in Arlington, Virginia may also offer other incentives such as staging services, free appraisals, or even cash back at closing.
Staging services can help make a home look more attractive to potential buyers, while free appraisals can help buyers determine if they are getting a fair deal on the purchase. Cash back at closing is another incentive that can help buyers cover some of their moving expenses or other costs associated with buying a new home. Realtors in Arlington, Virginia have many incentives available to buyers and sellers that can make the process of buying or selling a home easier and more attractive. From credits for closing costs and home warranties to staging services, free appraisals, and cash back at closing, realtors have many options available to make the process smoother and more profitable for everyone involved.
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