What is a seller contribution in real estate?

A seller contribution, often referred to as a seller concession, is a common practice in real estate transactions. It involves the seller of a property agreeing to cover some of the buyer's closing costs or other expenses associated with the purchase. 

Seller contributions can vary in terms of the amount and what expenses they cover. They are typically negotiated as part of the purchase offer. These contributions can help make the purchase more attractive to buyers, especially in a competitive market, as they can reduce the upfront costs for the buyer. However, it's important for both buyers and sellers to understand the implications and limits of seller contributions, as they may have an impact on the final sale price and the terms of the transaction.