(Photo: Hugh Jackson/Nevada Current)
Members of the Las Vegas Realtors association contend a move to change the organization’s bylaws is designed to consolidate power in the executive board, and possibly pave the way for the sale of LVR’s Multiple Listing Service to a private party, a move some say would be a financial boon to LVR, but render the organization irrelevant in the long run.
The Multiple Listing Service (MLS) is the go-to resource Realtors use to list properties and find prospective homes for buyers. Privatizing its ownership could potentially further decentralize an industry disrupted by online platforms that allow potential buyers to search homes on their own and avoid representation by an agent…