MLS & Associations

New step-by-step merger guide tackles MLS dysfunction

Trade groups say MLS consolidations can remove inefficiencies for brokers and agents

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CHICAGO -- More and more, brokers and agents have been calling for their MLSs to merge ... and MLSs are listening. Rick Harris The National Association of Realtors (NAR) and the Council of Multiple Listing Services (CMLS) announced a new toolkit at NAR's annual conference that may help make the bumpy road smoother for MLSs considering consolidating, whether through mergers, data and technology sharing cooperatives, group buying or administrative support agreements. The toolkit lives on NAR's website and is called "MLS Consolidation Resources." MLS Consolidation Resources home page The toolkit is meant to stamp out dysfunction: "MLSs are able to remove barriers that create inefficiencies and instead facilitate a truly orderly marketplace that empowers their Participants and Subscribers to focus on serving the consumer. In the end, eliminating dysfunction is a Business Solution," reads the website. Its tagline is "Collaboration to Serve the Brokerage Community," whic...