Seller concession Y/N:
Yes is not a guarantee of any specific concession type or amount, and No does not prohibit an offer coming in that requests a concession. Both cover the "Maybe" value
As a general matter, seller concessions usually aren’t binding until they are established in an executed contract such as a listing agreement or a purchase contract.
Historically, concessions were available to be entered into Space Coast MLS upon closing out a listing.
At the June Board of Directors meeting, your Board of Directors approved the new MLS field Seller Concessions Y/N upon listing entry. This field will encourage transparency and greater communication between the listing agents, buyer's agents, and homebuyers by providing up-front information regarding concessions.
This field is not intended to replace compensation in the MLS.