Tag Archives: recolorado

Sale notices go out to Remine’s creditors, MLSs

By | | Uncategorized
Comments Off on Sale notices go out to Remine’s creditors, MLSs

Any responses or objections to the $1.5 million deal must be filed with Delaware’s Chancery Court on or before May 1. Continue reading →

Listings are quietly ‘commingling’ on Zillow again after 4-year hiatus

By | | Uncategorized
Comments Off on Listings are quietly ‘commingling’ on Zillow again after 4-year hiatus

In most markets, the portal has resumed displaying non-MLS listings alongside other properties in spite of NAR’s no-commingling rule, the policy behind a lawsuit between Zillow and REX in 2021. Continue reading →

REcolorado appoints new CEO less than a week after it was sold

By | | Uncategorized
Comments Off on REcolorado appoints new CEO less than a week after it was sold

Dana Bennett, who worked for Colorado’s largest multiple listing service for over a decade before leaving last year, will begin serving immediately. Continue reading →

REcolorado sold to private buyer, cutting ties with Realtor orgs

By | | Uncategorized
Comments Off on REcolorado sold to private buyer, cutting ties with Realtor orgs

Joseph Burks bought the nation’s 16th-largest MLS on Friday, buying shares from Denver Metro Association of Realtors and South Metro Denver Realtors Association. Continue reading →

New would-be buyer steps in with offer for REColorado

By | | Uncategorized
Comments Off on New would-be buyer steps in with offer for REColorado

Ohio-based software company MRI Software is making a bid for the MLS just days before it could be sold to another buyer. Continue reading →

REColorado buyer unveiled as questions and legal fights persist

By | | Uncategorized
Comments Off on REColorado buyer unveiled as questions and legal fights persist

The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal. Continue reading →

REColorado unveils interim CEO amid rocky ownership change

By | | Uncategorized
Comments Off on REColorado unveils interim CEO amid rocky ownership change

The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO. Continue reading →

REColorado owners oust board amid plans to sell MLS

By | | Uncategorized
Comments Off on REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading →

Proposed sale of REcolorado MLS a response to commission litigation

By | | Uncategorized
Comments Off on Proposed sale of REcolorado MLS a response to commission litigation

Denver Metro Association of Realtors and South Metro Denver Realtors Association say sale to private equity firm would offer protection during a time of intense litigation in the real estate industry. Continue reading →

Proposed sale of REcolorado to private equity firm raises alarms

By | | Uncategorized
Comments Off on Proposed sale of REcolorado to private equity firm raises alarms

The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal. Continue reading →