Yes. Sponsor concessions (closing cost credits, rate buydowns, storage, parking) effectively reduce the buyer's all-in cost without lowering the recorded sale price. Your resale must compete against the effective price including concessions - not just the sticker price. A sponsor unit with meaningful concessions effectively competes at a lower net price than the listed asking price - your resale must beat that effective number.
From the seller playbook: New Development Resale Strategy in NYC
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
More questions on this topic
List for free, or go full service for 1%.
Use the playbook yourself, or let us run pricing, marketing and negotiation.