Joint venture owned by CRMLS, Bright begins selling MLS data 

REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers. Continue reading

Nation’s largest MLS will use AI to catch listing compliance issues

California Regional MLS is teaming up with Styldod, which CRMLS partially owns, to improve how it handles listing photos and rule violations and to eventually provide a revenue pipeline. Continue reading

Bright, CRMLS, REcolorado unify to launch consumer search site

Nestfully will offer seamless desktop, mobile and native iOS and Android app experiences and provide the latest listing and just-sold information, according to company. Continue reading

Nation’s largest MLS will get even bigger this year

The Southland Regional Association of Realtors, which boasts nearly 11,000 members in the San Fernando and Santa Clarita valleys, will link up with California Regional MLS beginning May 1. Continue reading

First MLS venture capital fund hires Jeff Turner to help scale up

Turner is a former entrepreneur in residence for NAR venture capital arm Second Century Ventures and a co-founder of Realtor association management platform Tangilla. Continue reading

NAR asks US Supreme Court to overturn pocket listing ruling

An appeals court allowed The PLS’s case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation’s highest court will change that. Continue reading

Security deposit: $17M to bolster RentSpree’s leasing solutions

The rental market’s recent surge in rent price and occupancy rates is driving technology adoption among the nation’s landlords, in turn driving RentSpree’s evolution. Continue reading

New MLS company will sell data, pay brokers for their listings

REdistribute, formed by California Regional MLS and Bright MLS, is a joint venture that plans to deliver aggregated MLS data to financial institutions starting in 2023. Continue reading