Proposed merger would change MLS landscape in California

CalREDD, MRMLS pairing would boost statewide MLS effort

An ongoing effort by the California Association of Realtors to build a statewide multiple listing service could get a major boost if a planned merger with a regional MLS in Southern California goes through.

The merger of CAR’s calREDD MLS system with Pomona, Calif.-based Multi-Regional Multiple Listing Service Inc. (MRMLS) would create a single MLS serving more than 33,000 real estate professionals and 22 Realtor associations, the companies said in an announcement today.

The concept of a merger has been approved by both companies’ board of directors, but hinges on approval by MRMLS’ 12 member associations and final approval by CAR’s board of directors. If MRLMS’ members green light the merger in May, CAR’s board could grant approval when it meets in June.