MLS shells out $160K in syndication revenue to brokers

  • California Regional MLS is giving its brokers the revenue it receives from syndicating their listings.
  • The MLS urged other MLSs to do the same.
  • In a blog post announcing the move, CRMLS assured brokers that MLS consolidation would not change brokers' control over listing data.

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The nation’s largest MLS is giving the funds it receives from listing syndication to the brokers that provided the listings — and encouraging other MLSs to follow its lead.