Calif. MLS Tops 100k Subscribers as Mergers Continue

January 3, 2020

The wave of consolidation continues among MLSs, with the latest setting a record for the number of subscribers. The California Regional MLS says it will become the first multiple listing service in the country to serve more than 100,000 real estate professionals.

The record-breaking subscriber count comes after CRMLS announced board approvals to merge with multiple listing systems operated by the Pasadena-Foothills Association of REALTORS®, the Palm Springs Regional Association of REALTORS®, and Ventura County MLS.

“This is an unprecedented day for CRMLS,” Art Carter, CRMLS CEO, said in a release announcing the count of 100,000 subscribers. “It’s a huge honor to serve the nation’s largest MLS constituency of real estate professionals. I know everyone here is excited to start working with our new users in Ventura, Pasadena, and Palm Springs.”

New users from the associations will have their MLS services transferred this month.

“This year, our motto has been ‘Members First,’” says Lisa Diaz, president of the Pasadena-Foothills Association of REALTORS®. “The MLS is the most important resource for our members, and we have an obligation to provide them with the best support, tools, and data. We strongly believe that collaborating with CRMLS to support our members is a win-win.”

CRMLS serves real estate professionals from 34 associations, three boards of REALTORS®, and MLSs.

MLS consolidation is increasing in an effort to serve brokers and consumers by ensuring a procompetitive and proconsumer marketplace. Some MLSs also are collaborating to improve their technology and streamline broker and consumer access to data with data-sharing agreements. An NAR presidential advisory group looking into the future of the MLS recommended an industrywide effort to urge further consolidation among MLSs and provide added support to those that do.