UPDATE: Please see full report: "CalREDD, MRMLS announce merger plan."
The California Association of Realtors today announced that calREDD, a service of CAR’s CALMLS subsidiary, plans to merge with Multi-Regional Multiple Listing Service Inc. (MRMLS) to form a 33,000-member multiple listing service that serves 22 Realtor associations.
MRMLS and calREDD boards have approved the concept, and MRMLS member associations and the CAR board of directors will formally vote whether to approve the merger at meetings in May and June, respectively, CAR announced today.
On Monday, CAR announced that the seventh association had connected to the calREDD statewide MLS service, with six additional associations expected to go online with the system by the end of August.
Fresno Association of Realtors had put a planned implementation of calREDD on hold after a board of directors vote in August 2009, and there have been some delays for several associations in connecting with calREDD.
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