Andrea Brambila from Inman News…Realtor association sues its own MLS, accusing anti-trust violations
“GSDAR also objected to a data-share agreement between Sandicor and CRMLS, also announced Thursday. In the complaint, GSDAR’s attorneys claimed agreement “threatens to destroy and devalue Sandicor’s most valuable asset: its database.”
CRMLS CEO Art Carter told Inman that was not a fair statement.
“The value of the database in CRMLS’s opinion is derived by how many eyeballs can be placed upon that data and from our standpoint a datashare increases the value of the database, not decreases,” he said.
He confirmed that CRMLS and Sandicor have been in merger talks since November 2012, with the most recent meeting taking place this week.
“From CRMLS’s standpoint the enthusiasm in the room seemed to indicate to us that there was a lot of support from their brokerage community in having a merger occur,” Carter said.”
Sounds like GSDAR has be sipping some “cray cray” juice from South Florida.
With MLSs under attach from NAR and Brokers and Associations struggling for relavency (see swanapoel and conaway study), seems like there are better uses of our time treasure and talent than initiating legal action against each other. just jay in