Thursday, March 17, 2005

MLSNI and MAP to consolidate

After a year of controversy, several major Chicago-area real estate brokerage offices that in 2004 pulled their home listings from one of the nation's largest Realtor-owned multiple listing services, have returned their listings to the MLS, Inman News has learned.

Discussions leading to the brokers' decisions to again do business with the Multiple Listing Service of Illinois also included talks of consolidating MLSNI and a smaller, broker-owned MLS called MAP, according to a memo sent to members of the Chicago Association of Realtors obtained by Inman News.

MLSNI has been wrought with controversy this past year with a forensic audit of the company, termination of its CEO and disputes with brokers, which led to the listings exodus. The MLS now appears to be on its way to business as usual.

Read more Inman news at Citywide Services

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