Industry News

Group of California MLSs announce consolidation plans

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Administrators for a group of multiple listings services, extending from the San Francisco Bay Area to the Central Valley, have hammered out an agreement to consolidate property listings and services, creating the largest MLS in the state and one of the largest in the country. Clareity Consulting, a real estate services company, facilitated a planning session on Jan. 4-5 to bring all of the players together. Meeting participants included six MLSs: REInfolink, Contra Costa MLS, Bay East MLS, East Bay Regional Data, Central Valley MLS and the San Francisco Association of Realtors MLS. The MLSs cover 11 counties: Monterey, San Benito, Santa Clara, Santa Cruz, San Mateo, Alameda, Contra Costa, San Joaquin, Stanislaus, Western Merced, and San Francisco. The MLSs now represent about 46,000 participants. "(The) participants have agreed, in principal, to consolidate MLSs and standardize on a single set of business rules, a common database structure, and begin the process of merging into a sin...