Link between MLS data sharing and home prices about to be put to the test

Outside agents from the Los Angeles, Ventura and Orange counties are worried that the withdrawal of the California Desert Association of Realtors from a regional MLS database will hurt home prices in the Coachella Valley and make it harder for them to sell homes in the desert resort area, which includes Palm Springs and Palm Desert, The Desert Sun reports.

Although members will still be able to syndicate listings to public websites like realtor.com, Zillow, Trulia and Redfin, CDAR’s withdrawal from California Real Estate Technology Services Inc. (CARETS), which takes effect Wednesday, means outside agents won’t be able to see information restricted for agents including when homes are being shown. CDAR, which handles about 8 out of 10 listings in the Coachella Valley, will continue to share listings data with the Palm Springs Regional Association of Realtors. Source: desertsun.com.


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