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Other terms, such as closing dates and concessions, may play powerful roles in the strengths of competing offers. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract. Negotiating counteroffers. Acceptance!
This refers to anything that the seller gives or grants to the buyer. The seller might counteroffer that since they are living in the home, they want that access restricted to 5 or 10 days. What is a seller concession? Concessions are a normal part of negotiation. If the buyer agrees, that’s a concession.
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