Ending MLS data share could cost agents millions

  • The Ventura County Regional Data Share has cancelled its data share contract with the California Regional MLS, citing an "unexpected" cost.
  • According to CRMLS, ending the data share could cost VCRDS agents millions in gross commissions. VCRDS says it doesn't expect the change will have a "significant" effect on the market.
  • VCRDS says CRMLS is pushing for data changes that are "too much" for MLSs to handle. CRMLS disagrees.