Question on seller contributions

[Andy Sabisch]

Well as the market shifts thanks to the interest rate hikes, the offers one receives also change.  Wanted to get perspective on this offer.  

We have a small flip house that we listed for $98K (I know, market drives price and this is on 2.5 acres and 1200 ft2 but the price is what the market supports).  We received an offer of $95K with a provision that seems out of line . . . wanted your feedback.  The buyer is asking for $5,700 towards closing costs, pre-paids and concessions.  That works out to be 6% of the purchase price.

Now as many of us remember even a few months ago multiple offers over asking price without any concessions was the norm for some time . . . first one of these we have seen in a long time.  

How would you respond to the offer?  The rest of it is acceptable but 6% in concessions?

Thanks