Update on AZMLS from AAR CEO Tom Farley

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.