“Both boards endorsed the merger plan, reflecting our shared vision and foresight to position Realtors for long-term success,” Jennifer Parker, the president of CCAR, said in a statement. “The approved plan passed a membership vote, giving Realtors direct influence in shaping our future and endorsing a more impactful association.”
Through the merger, the associations say they will be able to create a stronger advocacy arm and expand their professional development efforts. They also feel that the merger and consolidated operation will allow for smarter investments in new tools and technologies, and that by merging their operations, they’ll be able to reduce per-member costs.
“This merger is more than a milestone, it’s a launchpad for new benefits and possibilities. Together, we’re shaping a stronger, smarter future for Realtors and the communities we serve,” Mary Leidy, the CEO of CCAR, said in a statement.
The blended board of directors and staff have begun working on a transition plan to carry out the merger. The merged association will be led by MetroTex CEO Justin Landon.
“We’re approaching this transition with focus and care to ensure a smooth experience for every member,” Landon said in a statement. “We are committed to being a national leader among Realtor associations. Our DFW real estate professionals deserve no less.”
Real estate professionals across the country are advocating for local association and MLS consolidation in areas where it makes sense. MetroTex and CCAR each operate their own MLSs.
