Data Share Between REcolorado and IRES to Continue
The Pikes Peak Association of REALTORS has given notice that they are unilaterally withdrawing from the CCM Agreement, the arrangement put in place in 2003 to facilitate data sharing between Colorado Front Range MLSs. Most brokers know CCM as the agreement that makes it possible for REcolorado, PPAR, and IRES members to view each other’s listings in their respective MLS systems.
– Please be aware, PPAR’s withdrawal from the CCM Agreement will mean, effective June 16, 2016: PPAR listing data will no longer be available in the Matrix MLS system.
– REcolorado listing data will no longer be available in the PPAR MLS system.
– The MLS cooperation and compensation agreements with PPAR will no longer be in place.
What won’t change is the listing data share that takes place between REcolorado and IRES. At this time, the two MLSs will continue to share data and honor the cooperation and compensation in the existing CCM Agreement.
So, why is PPAR withdrawing from the agreement? According to their letter, they believe the CCM Agreement has outgrown its original intended purpose, to be a resource for the occasional listing or sale falling outside the MLS’s primary jurisdiction.