Where Real Estate Gets Its Dirt

“Sandicor” adieu

The Litigation Between Sandicor Shareholders Has Ended

The settlement was drafted and reviewed by attorneys representing each respective Association Of REALTORS®, Sandicor® and CRMLS. All parties involved support the details of the settlement. With this resolution, NSDCAR and PSAR will join California Regional MLS (CRMLS), and GSDAR will obtain its MLS through an entity separate but owned by GSDAR, named San Diego Multiple Listing Service, Inc. (SDMLS). The name Sandicor®, as a distinct brand in the San Diego marketplace, will cease to exist. Each Association has acted with the intention of providing its membership with the most valuable MLS products and customer service.

To ensure all members receive open access to as much information as possible, all three Associations have agreed to share data across both MLSs, maintaining the same county wide coverage there is currently. MLS Subscribers will continue accessing MLS data and have the same level of access and user experience through Paragon, the software platform San Diego-area MLS users have been using for over three years. All members will continue to have the same look and feel that Sandicor® members have grown accustomed to, with no disruption of service.

It unfortunate this took as long as it did. Anyway you look at it it’s a huge win for CRMLS. Having the name Sandicor still around would have been problematic. And with the addition of the members of NSDCAR and PSAR, if my math is correct, CRMLS membership is just shy of 100,000. Impressive.

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