The Oakland Berkeley Association of Realtors (OBAR) has become the sole owner of East Bay Regional Data (EBRD), a subscriber-based MLS. “It’s been a very smooth process,” said DaVina Lara, 51, managing CEO of EBRD and current CEO of OBAR. “[EBRD] has been a regional MLS for quite sometime and we just realized the regional structure wasn’t working anymore.”
- Oakland Berkeley Association of Realtors assumed management of East Bay Regional Data on April 1.
- Merger impacts brokers in Alameda and Contra Costa counties.
- No changes are foreseen to happen in the future with either company.