How do seller concessions in recent comps distort what my home is really worth?

Seller concessions inflate a comparable sale's recorded price without reflecting what the buyer actually paid net of a closing-cost credit or rate buydown, so using that number at face value skews a valuation upward. An agent adjusts each comp to its net effective price before comparing it to your property, not the number that shows up on the public record. Pulling the actual contract terms behind recent comps, not just the closed price, keeps a comparative market analysis accurate.