Buyers of a home want a credit back, what is a credit back?

I couldn't find the term in several glossarys and real estate
dictionaries. I work in the real estate industry and have heard the
term in regards to receiving credit at closing in lieu of making
repairs or changes of some kind, that are already included in the
selling price.

Possibly there is something in your "seller's disclosure" that they
are not happy with, and instead of having you fix the item, they want
a "credit back."

Ask your agent.

It's money.  If you have their money, they want some of it back.  If
you don't have their money yet, they want to give you less than they
previously agreed.

Exactly.  What efn-ga said.

Credit back means just what it says. When the bottom line is signed,
the buyer receives a "credit back" of monies. It's very simple
actually. Let's say there is a plumbing problem, and the seller can't
fix the problem by closing time. He still has to pay for fixing it,
and so at closing the cost of fixing the problem is credited to the
buyer. If you go to http://www.alexshay.com , you can find a great
deal of real estate related information.