Update on AZMLS from AAR CEO Tom Farley

by Tom Farley on September 12, 2011

On Friday, September 9, 2011, the Arizona Association of REALTORS® received notice from SEVRAR that their board of directors met and voted not to sell their interest in ARMLS to AAR in order to create a statewide MLS.  WEMAR also met on September 9, but at the time of drafting this post, AAR had not learned of their decision on selling their interest in ARMLS. The Phoenix and Scottsdale Area associations have submitted their approvals to sell their interests in ARMLS to AAR.

Since word started getting out on Friday about AZMLS’s status, AAR has received a lot of support for continuing our discussions on this important matter.  President Fouts is out of town, and I will be taking a week off starting Tuesday after 19-months of working on this visionary project.  Upon our return, we will sit down with those that have asked us to continue our discussions.

Personally, I want to thank those that worked so hard in investigating and designing the AZMLS Business Plan.  You did Arizona and its members proud.  While we may not cross the finish line, no one can say that we didn’t leave it all on the field.

Paula Cotton September 12, 2011 at 3:09 pm

Do we have any idea why the SEVRAR board chose not to participate in this? Was this the consensus of the entire body of their association or just a few? Did WEMAR make the same decision? I think the other REALTOR members in the other boards that did approve this would like a better understanding of their concerns in choosing not to participate in the buyout.

Greg Swann September 15, 2011 at 5:03 pm

Very cool. Three cheers for SEVRAR.

ARMLS is worth at least 20 times the amount AAR is offering.

Much more here: http://www.bloodhoundrealty.com/BloodhoundBlog/?p=14848

If we are not being sold down the river by self-dealing grafters, I’ll need a better explanation for the smell of this mess.

Greg Swann September 19, 2011 at 11:26 am

Cum taces, clamas.

If this scam were something you could defend, you would defend it. You can’t, so you don’t.

This is not a membership organization, this is organized crime in cheap suits.

Sage Dillon September 26, 2011 at 9:17 am

SEVRAR has posted a press release on their decision not to sell:

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