What “discounts” can actually cover
Many first-time buyers benefit from agent-paid credits applied to closing costs, or reduced buyer-side fees where applicable. These can offset appraisal, title, or lender fees-real dollars you don’t have to bring to closing.
- Buyer credits: Applied at closing to reduce cash due.
- Reduced fees: Some agents discount their side of the transaction where allowed.
- Service adds: Showing availability, negotiation strategy, and contract support still matter.
How to compare offers
Don’t compare on headline promises alone. Ask for a clear estimate of credits, scope of service, and response times. Verify local rules on how credits are structured and any lender limits.
Checklist:
- Exact credit amount and where it applies.
- Who negotiates repairs/concessions and how.
- Availability for tours, offers, and inspections.
- Experience with first-time buyers in your price range.
Service should not suffer
The best value is a balance of cost and advocacy. If the discount comes with slow responses or weak negotiation, you may lose more elsewhere.
Compare competitive offers from licensed agents in your area-free for buyers and sellers.
*For informational purposes only; not legal, tax, or financial advice. Savings vary by market and individual negotiations.