South Florida real estate is about to run under one very large roof. The region’s two biggest Realtor groups are joining forces in a merger organizers say will create the largest local Realtor association in the United States. The MIAMI Association of REALTORS® and Broward, Palm Beaches & St. Lucie Realtors are set to combine membership services and listing tools across Miami-Dade, Broward, Palm Beach and St. Lucie counties. Together, executives say, the merged organization will speak for roughly 93,000 agents and deliver broader data access, more education and expanded international marketing for members.
Deal details and timeline
The associations say the merger is expected to close on May 11 and, pending approval by the National Association of REALTORS®, the combined group will operate under the name Miami and South Florida REALTORS®. Organizers say the new association will be larger than 47 state Realtor associations and will roll out an expanded menu of data exchanges and tech tools for its members. Those plans were detailed in a press release…..