CRMLS removes seller concession fields due to CAR forms change

California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage. Continue reading

CAR changes commission-sharing on forms following DOJ inquiry

The California Association of Realtors says even though offers of compensation among brokers remain legal, members and their clients should not rely on “historically common practices.” Continue reading

Northwest MLS to directly spell out homesellers’ commission obligation

Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading

Florida Realtors relaunches transaction management platform

The redesign, which the trade group describes as a ‘new, uncluttered look,’ is meant to improve transaction productivity and speed up workflow. Continue reading