BrokerageIndustry News

Chicago MLS merger approved

Consolidation plan would provide more broker control
Published on Nov 20, 2006

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by CareyBot

Shareholders for the Multiple Listing Service of Northern Illinois are planning an informal meeting within the next couple of weeks in response to a controversial vote last week to approve a consolidation with a rival, the broker-owned MAP MLS.

A group of dissenting shareholders -- representing five of 10 shareholders of MLSNI, did not participate in last week's meeting ...