Miami, Palm Beach Realtor associations make up, share MLS data


Back in September, the head of the Miami Association of Realtors was on a witness stand in a federal courtroom in Palm Beach County, being peppered with hostile questions by an attorney for the Realtors Association of the Palm Beaches.

The Palm Beaches association filed suit after the expansion-minded Miami association announced that it would take over the Jupiter-Tequesta-Hobe Sound Association of Realtors, a merger RAPB officials saw as an incursion onto their turf. The Miami association responded with a countersuit.

Thursday afternoon, the two groups said they’ve reached a detente.

“The Realtors Association of the Palm Beaches and the Miami Association of Realtors jointly announced that they have reached an agreement to share Multiple Listing Service data once again to benefit their collective members, as well as consumers,” the Palm Beaches association said in a statement. “Their MLS data will be combined and available in both MLS systems in the near future. RAPB and MIAMI 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. RAPB and MIAMI are looking forward to a long and successful working relationship to benefit their members and consumers.”

By my calculations, the Miami Association of Realtors’ 2014 revenue of $15.4 million makes it the nation’s fourth-largest Realtor group, behind only the National Association of Realtors, the California Association of Realtors and Florida Realtors. RAPB reported $3.2 million in revenue in 2014.

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