MLS Residential Seller concession 
Housing Wire
JULY 30, 2024
California Regional MLS (CRMLS) has decided to remove fields listing seller concessions from its platform. The nation’s largest MLS also added a field to indicate whether the amount being offered was a dollar amount of a percentage of the sales price of the home. CAR released its updated forms last week.
Housing Wire
AUGUST 19, 2024
“The biggest difference is that sellers need to have the new format and commission structure explained to them fully and carefully,” said Rachael Dotson, an agent at Rhode Island-based Residential Properties Ltd. Why would we not disclose that info in MLS? How is that protecting buyers?” It doesn’t matter,” O’Koniewski said. “If
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
DECEMBER 13, 2022
In a study by Bright MLS , MLS-listed homes went under contract in an average of 11 days compared to 31 days for off-MLS homes, such as FSBO properties, which eventually ended up being promoted through the MLS. Not having agent representation could also lead to paying more in seller concessions.
HomeLight
OCTOBER 11, 2022
The easiest way to do this is for the seller and buyer to sign and date the disclosure. The Iowa State Bar Association also provides a Residential Property Seller Disclosure Statement form. Not having agent representation could also lead to paying more in seller concessions. Use a FSBO platform with an MLS option.
HomeLight
MAY 25, 2023
Sellers should also consider things like whether or not their HOA will allow yard signs (many don’t!) or if they can put their house on the multiple listing service (MLS). Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s commission.
HomeLight
NOVEMBER 10, 2022
Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?
HomeLight
APRIL 27, 2023
FSBO sellers generally put a yard sign up with their name and phone number on it, and they may also advertise online on a FSBO website, pay a flat fee service to advertise on the MLS , and list their home in some online classifieds and social media sites. When you list in the MLS, you must include a buyer’s commission.
Expert insights. Personalized for you.
459 
Let's personalize your content