Arizona Statewide MLS initiative fails

by Victor Lund on September 15, 2011

With great hopes, a terrific plan, and strong leadership – the Arizona State Association of REALTORS set forth to unite the independent Associations of REALTORS under a common MLS. The dream was unification – all of real estate under one state law, operating on one MLS data system with one set of rules. It was August 8th, 2011 that the confederates of the initiative first waived their bunting. Sadly, it was announced today that there will be no United MLS of Arizona. As it turns out, only 2 of the 4 shareholders of ARMLS agreed to sell their state in ARMLS to the State of Arizona. The South East Valley Regional Association of REALTORS (SEVRAR) opted not to participate in the sale.

Here are the releases by both ARMLS and SEVRAR

ARMLS Release today said

On September 9th, the SouthEast Valley Regional Association of REALTORS® (SEVRAR) voted to not sell their interest in ARMLS to AAR, thus ending the current initiative to create a statewide MLS. Tom Farley, AAR CEO, thanked those who worked on the initiative in a blog poston Monday. SEVRAR and AAR have yet to release further statements on AZMLS.

In a release today, SEVRAR said,

Today at a special Board meeting, the SEVRAR Board of Directors voted to not sell their interest in the Arizona Regional Multiple Listing Service (ARMLS) to the Arizona Association of REALTORS® (AAR). I want to personally thank the Board of Directors for their time and effort in addressing this issue.

 

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