CCAR

Concessions

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CCAR MLS Rules and Regulations (MLS Rule #7.12) prohibit disclosure in the MLS, in any way, the total commission negotiated between the seller and the listing broker, or total broker compensation. 

The rule does not prohibit sellers from offering buyer concessions on the MLS so long as such concessions are not limited to or conditioned on the retention of or payment to a Buyer Broker or combined compensation to both listing brokers and buyer brokers.

The "Concessions" field in our MLS is simply a "Yes" or "No" option. 

Mark "Yes" if there were any credits to the buyer to cover any expenses such as the costs of escrow or title, lender fees, repairs, inspections, etc.

 

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