The nation's largest multiple listing service, California Regional MLS, has submitted a letter of intent to pull out of a joint venture of California MLSs that aggregates listings into a common database. San Dimas, Calif.-based CRMLS, which provides MLS services to about 73,000 agents and brokers, cited improved technology and the need for a more cost-effective arrangement behind its decision. California Real Estate Technology Services Inc., or CARETS, began in 2006 as a data-sharing and standardization effort that sought to create a common MLS database and common rules for users of participating MLSs, eliminating the need for brokers and agents to join multiple MLSs, pay multiple fees, follow multiple sets of rules, and enter their listings multiple times. The common database we...
Sep 4, 2013 by Inman
MLS & Associations
Nov 26, 2013 by Andrea V. Brambila
May 10, 2012 by Inman