Westchester real estate associations consider merging, could combine listings systems

New York /
Oct.October 05, 2011 07:04 PM

From left: P. Gilbert Mercurio, CEO of WPAR,
and Gary Leogrande, president of EAMLS

Three Westchester real estate associations are considering a merger, which
could include combining their listings services, Westfair reported.

The Westchester Putnam Association of Realtors has been
negotiating with its two neighbors to the west, the Orange County
Association of Realtors and the Rockland County Board of Realtors. The
groups are facing declining membership, but a combined organization
would have about 9,500 members.

The new group might get the Hudson
Gateway Association of Realtors, and the merger could be in effect by
Jan. 1.

The reason for the merger is that the volume of real estate business across the Hudson River is steadily increasing, many “common customers” tend to move between these counties already and there will be an ability to maintain large databases on the Internet,” said P.
Gilbert Mercurio, CEO of WPAR and its subsidiary Empire Access Multiple Listing
Service. If the merger takes place, the groups are still debating
whether they would combine their existing listing services or use a
product from a new vendor, an issue that would likely not be resolved
for at least two years.

Gary Leogrande, president of EAMLS, said the software between
Westchester and Orange County’s MLS “could be compatible, but it will take a
lot more logistics. We [at EAMLS] don’t track the sizes of rooms for
example, so there are certain nuances to address so no one feels that
they’re losing something.”

Bill Thorne, president of the Rockland County Board of Realtors,
declined to comment before the deal is officially struck. Mercurio
pointed out that WPAR was already a successful merger between the
Westchester and Putnam groups. [Westfair]


Related Articles

arrow_forward_ios
(Unsplash / Andre Benz)
New listings rise in Manhattan and Brooklyn, but fail to meet fierce demand
New listings rise in Manhattan and Brooklyn, but fail to meet fierce demand
The office space at 99 Church Street  (Google Maps)
Berkeley College selling two downtown White Plains buildings
Berkeley College selling two downtown White Plains buildings
eXp CEO Glenn Sanford and Corofy CEO Eddy Boccara (eXp, Corofy, iStock)
Some like it hot: Influx of agents into Hudson Valley accelerates in September
Some like it hot: Influx of agents into Hudson Valley accelerates in September
Trump Plaza New Rochelle at 175 Huguenot Street and Donald Trump (Getty, Anthony22/Wikimedia)
Trump Plaza New Rochelle dumps Trump Org as property manager
Trump Plaza New Rochelle dumps Trump Org as property manager
Parc Grove apartments, PGIM CEO David Hunt and Pacific Urban Residential CEO Al Pace (Photos via Parc Grove, PGIM, RETCON)
PGIM gets $154M for Stamford apartments as rental market heats up
PGIM gets $154M for Stamford apartments as rental market heats up
Additional reason for the slowdown in contract signings is shrinking inventory, which is likely to make the market even more competitive. (iStock)
As inventory shrinks, suburban NYC home market calms down a bit
As inventory shrinks, suburban NYC home market calms down a bit
Professor Randolph M. McLaughlin ro Newman Ferrara LLP and Aaron Carr of HRI (Getty, Facebook, iStock)
Lawsuit accuses Westchester landlords, brokers of Section 8 discrimination
Lawsuit accuses Westchester landlords, brokers of Section 8 discrimination
Finger and Finger principal Kenneth Finger and landlord activist Jeff Hanley with Westchester (Credit: iStock)
Westchester group lobs its own constitutional challenge to New York’s rent law
Westchester group lobs its own constitutional challenge to New York’s rent law
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...