MLS shells out $160K in syndication revenue to brokers

California Regional MLS passes on licensing fees from third-party portals to some 1,300 member firms
  • 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.

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.