Daily Real Estate News  |  August 18, 2008  |   California Close to Having One Statewide MLS
The California Association of REALTORSŪ is one step closer to merging most of the state’s Multiple Listing Services into one statewide CALMLS.

So far, 66 local REALTORŪ 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 Said (08/14/08)