The California Association of REALTORS is one step
closer to merging most of the state's Multiple Listing Services into
one statewide CALMLS.
So far, 66 local REALTOR associations
and three regional MLS groups - representing 60 percent of the
market in California - have signed nonbinding letters of intent
to participate in CALMLS.
The organization is negotiating
with vendors to build the site. "None are conventional MLS vendors;
we think what we can build is something based on technology used by
sites like Trulia, Zillow, Google," says Mike Silvas, chair of the
CALMS committee and co-owner of Morgan Lane Real Estate in Napa,
Calif.
The new MLS, which will save practitioners from having
to join multiple MLS services, should be available by early
2009.
Source: San Francisco Chronicle, Carolyn
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