Two REALTOR Associations Sue To Dissolve Their MLS
Thursday, October 27, 2016
According to Inman, Pacific Southwest Association of Realtors (PSAR) and the North San Diego County Association of Realtors (NSDCAR) have filed a lawsuit asking the court to order the dissolution of the regional MLS in order to, they say, protect their rights and interests in the MLS’s data. Sandicor has 19,500 agent and broker members.
NSDCAR and PSAR collectively own about 35 percent of the shares of Sandicor with the remainder held by San Diego Association of Realtors (SDAR), which consists of more than 12,000 of the 19,500 members. The article cites several areas of contention, including that PSAR and NSDCAR members want to deny SDAR access to their data and join California Regional Multiple Listing Service (CRMLS). CRMLS is already the biggest MLS in the country with 80,000 members an aims to become a statewide MLS.
The Real Daily: San Diego Area Real Estate Associations Sue To Dissolve Local MLS
SDAR: The GSDAR Statement Regarding The Sandicor Future And Future Service
PASR & NSDCAR: Statement Re: File To Dissolve Sandicor In Favor of Statewide MLS
Filed Complaint: The Complaint At It Was Filed In The Superior Court of California
*CMLS takes no position on the complaint as it was field in court. On more than one occasion, CMLS has offered support to MLSs that are struggling with issues related to consolidation.