A big-time merger has occurred from among New York State’s real estate listing services.
According to a release, the new MLS will now consist of about 40,000 real estate professionals who will serve Long Island, parts of New York City, as well as Westchester, Putnam, Rockland, Sullivan and Orange Counties.
“The expansion of geographic boundaries will create greater opportunities for members by providing access to a larger audience of real estate professionals for consumers alike,” said Joseph Mottola, the CEO of MLSLI, which is based in West Babylon.
The idea for the merger sprouted last summer when both of the listing service’s parent companies, the Long Island Board of Realtors, Inc (LIBOR) and the Hudson Gateway Association of Realtors (HGAR), started to discuss the benefits of teaming up.
“The launch of the new MLS is an exciting move in the right direction to uniting area real estate professionals, by creating the only MLS members will need,” said HGAR CEO Richard Haggerty.
The goal now is to be a one-stop-shop for regional real estate needs.
“With the alliance of two successful MLSs, members gain entry to a vast selection of integrated technology tools and resources which will better serve their buyers and sellers,” said Jim Speer, the CEO of the new MLS.
Top: A recent photo used for Greater Long Island’s “House of the Week” feature that came courtesy of MLSLI.