[RUMOR ALERT] Did REColorado MLS just get sold to a private firm?

I’m hearing from a couple sources that something big is afoot. And the unconfirmed rumor is that REColorado has been sold to an “outside party”.

I don’t know who this “outside party”. A person, a private equity firm? But, I don’t think its another MLS organizations or association. In fact for this to happen I think the shareholders of REColorado, meaning Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtor Association (SMDRA), etc. must be involved.

Can anyone confirm this?

Do Denver area brokers know about this? Do they care? I would think so. 🤯

Crazy if true. DM me if you know anything.