Colorado brokers ask for merger, but one MLS says 'no'

Brokers say single database would enable them to 'remain relevant and valuable to the people who pay us'
  • Colorado MLS declines a request from brokers to form a single database with its larger neighbors, which brokers say would help them -- and their agents -- do their jobs better.
  • The two largest MLSs in the state continue their consolidation efforts.

A Colorado MLS has declined to participate in a merger effort, despite a request from large brokers in the state to do so. After “highly charged” merger talks, in late May the two largest MLSs in the state, REcolorado and Information and Real Estate Services (IRES), signed a letter of intent to merge, setting an “aggressive” deadline of November 1 for a signed commitment to merge.