BY JOSH TOWNER
The Multiple Listing Service of Long Island Inc., MLS a system used by real estate brokers and buyers across Queens, and the Hudson Gateway Multiple Listing Service have merged to form New York MLS, LLC.
The new service will be made up of about 40,000 real estate professionals and will serve Bronx, Brooklyn, Nassau, Orange Counties, Putnam, Queens, Rockland, Suffolk, Sullivan and Westchester.
Queens residents will have access to an expanded and improved listing service once the merger has been completed and the new website is launched.
By forming one company and expanding geographic boundaries, data will flow more easily between brokers and agents in the coverage area, translating to more access to a larger audience of consumers, said Joseph Mottola, CEO of MLSLI.
Jim Speer will serve as chief executive officer for the new MLS after working for 30 years as the senior vice president of operations for MLSLI.
“With the alliance of two successful MLSs, members gain entry to a vast selection of integrated technology tools and resources which will better serve their buyers and sellers,” Speer said.
The new regional MLS has not been named yet, but is expected to be fully operational in 2019.