Removal of MIBOR BLC compensation related fields

We want to notify you that the MLS Grid will be removing compensation related fields from all data feed types at the request of MIBOR BLC on JULY 1, 2024. There will be some fields added regarding concessions, and some fields renamed as part of this change. These changes will only affect data consumers with access to MIBOR BLC. FIELDS BEING REMOVED

BuyerAgencyCompensation BuyerAgencyCompensationType MBR_CommissionDisclosures MBR_VariableRateCommission FIELDS BEING ADDED MBR_SellerConcessionsYN BuyerRepresentationYN BuyerAgencyCompensationPaidBy

FIELDS BEING RENAMED

MBR_CircumstancesreSale will be renamed MBR_ConcessionsComments MBR_SellerPaidClosingCosts will be renamed MBR_ SellerConcessionsAmount

This change will take effect on July 1, 2024. Any new or modified records from the MLS will immediately receive these changes when it goes into effect.