Inman News reported on 5/30/08 Board members for California MLS, a nonprofit, wholly owned subsidiary of the California Association of Realtors®, will begin the process of reviewing and selecting a vendor to operate a statewide property database that may emerge as the MLS database for Realtors®.
The CALMLS announced that 61 MLSs and local Realtors® groups have sent non-binding letters of intent to participate. California has a total of 70 MLSs.
Realtors® in California will be able to use the statewide database as their primary MLS database or continue to maintain and participate in a separate MLS.
The anticipated launch date for the statewide MLS is sometime either by the end of this year or the first quarter of 2009. The statewide MLS will have uniform rules and brokers as well as agents will be able to access the statewide system by joining a participating Realtor® Association or MLS.
The catalyst for a statewide MLS has been the multiple sets of MLS fees, rules, and forms that members have had to abide by in being members of more than one MLS. The statewide MLS is designed to streamline and simplify this with one set of fees, rules, and forms.
While many Realtors® are positive about the emergence of a statewide MLS, others are fearful of the potential loss of jobs as well as the entrance of outside agents seeking to sell properties in local territories. However, on the positive side, it will also assist brokers who have multiple offices throughout the state. It will also make referrals easier and locating properties in other areas of California a lot easier for participants.
The California Association of Realtors® is a trade association representing more than 185,000 Realtors® statewide.
Additional information about the statewide MLS can be found at http://mlsinput.car.org.
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