Joseph Burks bought the nation’s 16th-largest MLS on Friday, buying shares from Denver Metro Association of Realtors and South Metro Denver Realtors Association.
Category: recolorado
New would-be buyer steps in with offer for REColorado
Ohio-based software company MRI Software is making a bid for the MLS just days before it could be sold to another buyer.
REColorado unveils interim CEO amid rocky ownership change
The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO.
REColorado owners oust board amid plans to sell MLS
Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks.
Proposed sale of REcolorado to private equity firm raises alarms
The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal.