CRMLS cuts listing syndication checks to 2,100 brokers

  • California Regional MLS (CRMLS) distributed all of the revenue it gets from licensing listing data to third-party portals to its brokers for the second year.
  • CRMLS declined to comment on the revenue it receives from third parties overall or the syndication revenue the checks added up to total (last year that figure was about $160,000).

The largest multiple listing service in the nation, California Regional MLS (CRMLS), cut checks to about 2,100 of its member brokerages last week, turning over all of the revenue that the MLS has received from third-party portal syndication.