CAR approves merger of calREDD, MRMLS
New MLS to serve over 33,000 Realtors in California
By Inman News, Monday, June 14, 2010.A statewide multiple listing service is one step closer to reality.
The board of directors of the California Association of Realtors has approved the merger of the association's calREDD MLS system with Pomona, Calif.-based Multi-Regional Multiple Listing Service Inc. (MRMLS), the trade group announced Monday.
The MRMLS board of directors, representing 12 Southern California member associations, approved the proposed merger last month, the announcement said. The new MLS will be available to more than 33,000 real estate professionals in 22 Realtor associations across the state.
"The new entity will increase the momentum of the statewide MLS and members should expect to see even more choices and increased services over time," said Mike Silvas, chairman of the CAR subsidiary that operates calREDD, in a statement.
Both companies said they would "work closely during the transition to the new entity to ensure there are no disruptions in service, the needs of members continue to be met, and associations scheduled to join calREDD are seamlessly added to the system."
The Amador Association of Realtors and Tehama Association of Realtors are on schedule to launch June 21 and 28, respectively, the announcement said.
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Proposed merger would change MLS landscape in California
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Submitted by michael Espiritu on June 14, 2010 - 6:30pm.
As an MRMLS Director(currently an alternate)I have seen the evolution of this merger from its beginnings to its fruition. I do believe the merger is a great idea in theory.
MRMLS is a great MLS, the staff there is excellent and is headed by a very capable CEO, Art Carter. It is not a stagnant entity and is always striving for new technology and better ways of delivering it.
What I admired about the business model of MRMLS was that the original 12- member associations all had an equal say and representation on issues, products, services, and the future path of MRMLS.
The true precursor to this merger is CARETS (California Real Estate Technology Services) and there too is a sense of equal say/ equal representation. I am unsure of what this merger means for CARETS.
The East Valley Association of REALTORS, of which I am a member, has had a very strong presence and voice on MLS issues and CARETS issues. With the merger I believe our representation is truly at risk.
We are not a very large association (1100+ members) but because of equal representaion our associoation's member's voices and opinions were heard. Through passionate debate, logical, clear and concise argument for or against an issue East Valley was able to get issues passed or defeated.
My fear is that the merger will make MRMLS too big and some associations will lose their EQUAL presence on these important issues.
I am for the merger but I would love to keep the representaion on a level playing field as well.
Michael Espiritu
Broker
Elite Realty Group
SoCal