| July 2, 2004 |
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Chicagoland's MLSNI is still in turmoil as board executives attempt to attract some big brokers back to the MLS fold. On June 21, weeks after big brokers such as Baird and Warner, Koenig and Strey and Coldwell Banker Residential Brokerage pulled 22 out of 95 of their offices out of MLSNI, the MLSNI board handed the brokers at least three major concessions.
"The shareholders decided that adopting the new policy wouldn't be in the best interest of trying to come to a long-term mutually acceptable solution," Jay Huffman, MLSNI's chair and CEO told Realtor Magazine. "Rather than drawing a line in the sand, they decided it would be better to make a positive effort to involve the brokers in running the corporation." Many of the offices which had left MLSNI and gone to competing MAP MLS had continued to submit listings through co-workers back into the MLSNI system. The meeting recorded that the rules department of MLSNI had "received and processed a total of 228 complaints for listings with a non-member appearing as a co-lister, or properties listed in MLSNI with one office/agent, and a different office/agent in MAP." |
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