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by CareyBot

Four Northern Caflifornia MLSs have formed a nonprofit corporation to share listings among 40,000 subscribers using common rules and fees -- without the participation of the San Francisco Association of Realtors. The Northern California Real Estate Exchange, or NCREX, announced the appointment of a 15-member board of directors Thursday, and said a database that uses common standards is in the testing stages. NCREX's members are Bay East MLS, Central Valley MLS, Contra Costa MLS and RE InfoLink, which represent MLS users in nine San Francisco Bay Area counties. NCREX does not include the San Francisco Association of Realtors, which is working with two other MLSs to form a common data set while continuing to operate as separate entities. That venture, known as the Quattro project, will...