# Seller concession

> Money the seller agrees to put toward your closing costs. It's often agreed after the inspection instead of repairs. Also called a seller credit.

By David Knorr, founder of BuyWise Home. Last reviewed October 28, 2026. Web page: https://www.buywisehome.com/guide/glossary/seller-concession

## Why it matters to you

A credit lowers the cash you bring to closing, and you choose who does the repair. Your loan type caps it: for most first-time buyers it's 3% to 6% of the price, and VA loans work differently. It can't pay your down payment, so ask your lender for your limit first. See [Step 7: Negotiate repairs](https://www.buywisehome.com/guide/negotiate-repairs).

## Related

- [Step 5: Make an offer](https://www.buywisehome.com/guide/make-an-offer)
- [Step 6: Due diligence](https://www.buywisehome.com/guide/due-diligence)
- [Step 7: Negotiate repairs](https://www.buywisehome.com/guide/negotiate-repairs)
- [Closing costs](https://www.buywisehome.com/guide/glossary/closing-costs): Fees paid at closing on top of the down payment, often 2%–5% of the price.
- [Amendment](https://www.buywisehome.com/guide/glossary/amendment): A signed change to your contract, like a repair credit or more time.
- [Home inspection](https://www.buywisehome.com/guide/glossary/home-inspection): A visual check of the home's condition by a professional inspector.

_General information based on the standard Georgia REALTORS® purchase contract and public guidance. Your own contract decides: read it, and ask your agent or closing attorney about anything that matters. Not legal or financial advice._