Why might sellers prefer offering concessions over dropping the list price, and who actually benefits from that choice?

Sellers hold the list price because prices are sticky on the way up, and a concession lets them keep the headline number while still handing the buyer something real. No seller wants to close below a neighbor's recent comp or below what they believe the home is worth. A credit sidesteps that, and it can genuinely serve both sides, which is why the tool sticks around. Just be clear on what a concession is: your own money, financed. A credit comes in lieu of a lower purchase price, so you pay it back through a bigger loan and a bigger payment for as long as you hold the home. Used well, covering closing costs for example, a credit you would otherwise leave on the table is worth taking. The version you will hear pitched hardest is a credit toward a rate buydown, and we lean against treating a buydown as the smart default. The buydown-versus-lower-price comparison is something some people want to see, and we will run it for your numbers in a Roadmap conversation. As for who benefits: the agent's commission is mostly not the driver, even when it can look that way. When we negotiate a price adjustment or a concession, the goal is getting the home sold, and an agent earns nothing if the deal does not close.