It remains our highest priority to ensure CRMLS users adapt to thrive in our rapidly evolving environment. With a forward-thinking approach, CRMLS has been preparing for the upcoming changes resulting from the proposed NAR settlement for quite some time. Rest assured, we’re here to make certain you are fully aware of what’s to come.
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In response to the dynamic changes in the industry, CRMLS is hosting Thrive Broker Summit on September 16 & 17.
This exclusive, broker-only event is designed to help your brokerage thrive in transition and leverage adaptive strategies to enhance profitability.
Early bird registration is available now for $199.
It is our top priority to ensure we begin planning to adapt to all necessary changes that would stem from the final settlement. As part of this process, CRMLS executives and the Board of Directors met on March 25 to discuss how to accommodate final settlement requirements.
As of May 29th CRMLS added three new “Concessions in Price” (CiP) fields at the listing level in Matrix, Paragon and Flexmls.
These are optional fields.
Field names and details
Concessions in Price
A text box for numerical input only. This amount should include any and all potential concessions in a single total amount.
Concession in Price Type
Classify the number above as either $ or %.
Seller Consider Concessions?
Either Yes or No. If Yes, then the listing will include the phrase “A Seller may consider a Buyer concession if made in an offer.”
The new fields benefit all parties: