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Seller concessions questions

CA123

Freshman Member
Joined
Oct 16, 2020
Professional Status
Certified Residential Appraiser
State
California
Concessions are now broken down into many categories.

example:

CONCESS FINANCING COSTS $:
CONCESS PROP IMPROV COSTS $:
CONCESS BUYER BROKER FEE $:
CONCESS CLOSING COSTS $:
CONCESS OTHER COSTS $:
CONCESS AMOUNT (TOTAL) $:
CONCESSION CMTS:

how are you treating seller concessions in the grid? It used to be simple and used to be listed as "$5,000 for closing costs" now the concessions can be $30,000 to $200,000+ because part of the concessions are now for buyer/broker fee

are you doing anything new after the NAR settlement? I have not seen or heard any direction and would like to see what people are doing today
 
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