
Bill Faeth Unfiltered
How to Leverage Seller Credits for Bigger Returns
Feb 18, 2025
Tyler Coon, known as the 'King of Seller Credits' from Savvy Realty, joins to unravel the power of seller credits in real estate. He shares Bill's impressive wins, including a $150,000 credit on a $3 million property. The duo clarifies the confusion between seller credits and traditional concessions, emphasizing effective negotiation tactics. Tyler explains the critical role of knowledgeable agents and the importance of addendums in transactions. They discuss how these credits can significantly boost cash returns and property value, making them an indispensable tool for savvy investors.
12:33
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Quick takeaways
- Utilizing seller credits strategically can significantly enhance a buyer's purchasing power and facilitate larger real estate investments.
- Working with knowledgeable agents who understand the nuances of seller credits is essential for maximizing benefits in transactions.
Deep dives
The Power of Seller Credits
Seller credits play a crucial role in real estate transactions, significantly impacting a buyer's purchasing power. With $2.2 million in seller credits credited toward a substantial portfolio, the effectiveness of these credits in facilitating larger purchases becomes evident. For instance, a $65,000 seller credit assisted in acquiring a $1.6 million property, while a more recent deal yielded a $150,000 seller credit on a $3 million property. These examples highlight that even smaller credits can be pivotal in enabling buyers to advance in their real estate investments.
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