California Regional MLS Walks Back Seller Concessions Field

In May 2024, the California Regional MLS (CRMLS) launched a new feature on its website called, “Concessions in Price.” This allowed listing agents to input and advertise the concessions, and contributions to the buyer’s cost burden, that their seller is willing to make. There were three value fields: a simple “yes or no” indicating if the seller would consider concessions, how much the seller would concede and a specification if this was a percentage of the sales price or a flat dollar amount.

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