In a recent update, CRMLS has made a significant change by removing the field for seller concessions on its platform. This adjustment has potential implications for both buyers and sellers in the real estate market.
Key points:
– CRMLS, a prominent real estate listing service, has eliminated the option for sellers to disclose concessions offered to buyers.
– The removal of this field could impact negotiations between parties, as concessions often play a role in determining final sale prices.
– Buyers may now have less transparency regarding potential incentives from sellers, potentially affecting their decision-making process.
– Sellers may need to find alternative ways to communicate concessions to buyers during the negotiation process.
You can read this full article at: https://www.housingwire.com/articles/crmls-removes-seller-concession-fields-from-platform/(subscription required)
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