As a result of the NAR Settlement, Bay East will implement the following changes to our Paragon MLS Platform beginning Monday, August 12:
- All compensation, across all property types and statuses, including historical data, will be removed.
- Upon listing entry, a new field called “Concessions Considered” will be added, with a Yes/No option.
- The current post-sale concessions field will change to a Yes/No option.
- The Post-Sale Concessions field name will change from “Concessions” to “Concessions at COE” (CEO stands for Close of Escrow)
Note: Historical concessions data for off-market listings will still be visible.