Bay East MLS removes field showing seller's willingness to consider concessions - HousingWire
Briefly

from www.housingwire.com6 months ago
The Bay East Association of Realtors decided to remove its required concessions field following member feedback, prioritizing clarity and making precautionary legal adjustments.
www.housingwire.comhttps://www.housingwire.com/articles/bay-east-mls-removes-field-showing-sellers-willingness-to-consider-concessions/
In response to legal guidance, MLSs like Bay East and CRMLS are modifying how seller concessions are communicated, limiting options to better safeguard data and member preferences.
www.housingwire.comhttps://www.housingwire.com/articles/bay-east-mls-removes-field-showing-sellers-willingness-to-consider-concessions/
With the NAR commission lawsuit changes, MLSs are reevaluating information disclosure, shifting to simpler Yes/No fields to reduce confusion while navigating legal challenges.
www.housingwire.comhttps://www.housingwire.com/articles/bay-east-mls-removes-field-showing-sellers-willingness-to-consider-concessions/
The adjustments by associations reflect a broader trend in the real estate industry where legal risks are prompting changes in how agent compensation and concessions are reported.
www.housingwire.comhttps://www.housingwire.com/articles/bay-east-mls-removes-field-showing-sellers-willingness-to-consider-concessions/
Read at www.housingwire.com
#real-estate #mls #commission-lawsuit #seller-concessions #member-feedback
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