UPDATED April 22, 3:30 p.m.: After litigation filed last year, the Miami Association of Realtors and the Realtors Association of the Palm Beaches jointly announced on Friday that they have reached an agreement to share Multiple Listing Service data again.
The agreement will eliminate the need for the associations’ members to join and pay for two MLS subscriptions to view MLS data from both associations, according to the announcement.
The Realtors groups said their MLS data will be combined and available in both MLS systems. The associations will also continue to provide shared electronic keys and lockbox services for the convenience of their collective members and to facilitate access to properties for ease of showings, they said.
In August, the Realtors Association of the Palm Beaches filed suit against the Jupiter-Tequesta-Hobe Sound Association of Realtors and the Miami Association of Realtors, alleging misuse of its multiple listing service.
The suit alleged that the Jupiter Realtors group provided the Miami Realtors with unauthorized access to the multiple listing service of the Palm Beaches Realtors. The suit was filed just before the Jupiter organization was to merge with the Miami association. The Jupiter group is now considered “a council” of the Miami Association of Realtors.
On Friday, Dionna Hall, CEO of the Realtors Association of the Palm Beaches, told The Real Deal that the two organizations had settled the suit through mediation.
“I’m happy to report that we have no unresolved legal issues between the associations right now,” she told TRD. The organizations are reverting to how they shared data before the litigation, she said. “It brings us back to where we were.”
Teresa King Kinney, CEO of the Miami Association of Realtors, told TRD that the organizations had been working for several months on how “to get back to partnering and working together” as they had before the merger with the Jupiter organization. The data share had been cut off since August 30, and the settlement of the litigation was reached Sept. 30, she said.
“We’ve been in discussion all this period of time in what the new working agreement would be with our two associations,” Kinney said.
By 3 p.m. on Friday, Miami Realtors already had all the Palm Beach data in one of their systems, and by Monday morning, it will be available in other two systems, she said. Palm Beach Realtors should have Miami data within a day or two, Kinney said.
The Miami and Palm Beach Realtors groups are now the only two associations in South Florida that have all the data for five counties: Miami-Dade, Broward, Palm Beach, Martin and St. Lucie counties, she added.
“For many years we had shared data — for 10 or 15 years,” Kinney said. “We are looking forward to being able to do that again.”