Industry NewsTechnology

CARETS launches commercial MLS

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California Real Estate Technology Services (CARETS) has launched a property-centric commercial MLS powered by the National Association of Realtors' ePropertyData subsidiary, the companies announced Tuesday. CARETS is a regional data-sharing effort between 30 Realtor associations in six counties in Southern California serving more than 100,000 members. The CARETS commercial MLS and information exchange will allow users to analyze and compile data, share information and market commercial properties more efficiently, the companies said. CARETS was already supplying commercial listings to NAR's 2-year-old commercial listing platform, CommercialSource.com. Now, listings entered into the CARETS commercial MLS will be automatically distributed by ePropertyData to CommercialSource.com, Realtor.com and other websites.Other sources of listings for CommercialSource.com include the Seattle-based Commercial Brokers Association, the Houston Association of Realtors, the Dayton Area Board of Realt...