Redfin clashes with think tank on MLS antitrust

What would happen if the government mandated that real estate brokers make all their listings accessible publicly to everyone online, free-of-charge? It would result in “a tragedy of the commons,” argues Redfin…

MLSs in North Carolina consolidate for cost savings, bargaining power

More and more multiple listing services are listening to the drumbeat of consolidation nationwide. CarolinaMLS, a wholly-owned subsidiary of the Charlotte Regional Realtor Association, will acquire the North Carolina Mountains MLS on January 1, …

MLSs ink binding merger deal under pressure to move fast

As Colorado agents and brokers wait impatiently, the state’s two largest multiple listing services (MLSs) have taken a crucial step toward merging …

New step-by-step merger guide tackles MLS dysfunction

The National Association of Realtors (NAR) and the Council of Multiple Listing Services (CMLS) announced a new toolkit this week at NAR’s annual conference that may help make the bumpy road smoother for MLSs considering consolidating, whether through mergers, data and technology sharing cooperatives, group buying or administrative support agreements …

Mic drop: MLSs heed broker wishes, announce merger deal

AUSTIN — Lauren Hansen concluded this year’s Council of Multiple Listing Services (CMLS) conference by urging her fellow MLS execs to “be the change” they want to see in the real estate industry. She led by example …

Why MLSs should charge more, play nice with brokers and merge already

A report released today by a new MLS think tank starts off bluntly: “Almost everyone interviewed for this study feels that the MLS industry has meandered aimlessly for over a decade.” …

What do brokers want more than MLS mergers? Power

It’s been nearly four years since a group of dozens of big brokers laid out a long list of grievances against MLSs and threatened the launch of an industry bombshell that would change the role of the MLS. Since then, that industry bombshell — Upstream…

SmartMLS merger goes live in record time

MLS mergers can be troublesome and even the smoothest can take years to fully roll out. But one newly merged MLS has gone from idea to reality in seven short months …

Colorado brokers ask for merger, but one MLS says ‘no’

A Colorado MLS has declined to participate in a merger effort, despite a request from large brokers in the state to do so. After “highly charged” merger talks, in late May the two largest MLSs in the state, REcolorado and Information and Real Estate Services (IRES), signed a letter of intent to merge, setting an “aggressive” deadline of November 1 for a signed commitment to merge …

‘Aggressive’ deadline set for thorny MLS merger in Colorado

Colorado’s two largest multiple listing services — REcolorado and Information and Real Estate Services (IRES) — have signed a letter of intent to merge, the MLSs announced in nearly identical blog posts Wednesday. The agreement appears to signal a thawing in months-long tension. After IRES rejected its surprise multimillion-dollar buyout offer in January, REcolorado cut off a data share between the two MLSs. …