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If you want the seller to pay for part or all of yourclosing costs, you must ask for it in your offer. Closing costs are typically expenses above the property price that both buyers and sellers pay to execute a real estate deal. When you put in a concession for a seller assist, you are asking the seller to cover some of these additional expenses.

A seller assist is almost like a credit, where the seller agrees to absorb some of the added costs a buyer normally has to bear. Although it seems strange that a seller would pay a fee to sell their house, it is rather common. Sometimes, a buyer may also be willing to pay a little extra for the home if the seller agrees to pay more for the closing costs. It all boils down to how motivated each party is, and how well they negotiate.

The offer should state the closing costs you are requesting as a dollar amount, say $6,000 in closing, or as a percentage of the home’s purchase price, such as 3%. The amount of the seller assist depends on the full purchase price of the properties