Hopefully someone can turn the light bulb on in my head and tell me why Red Bell/Brighton insists on being listed in our MLS as a co lister?? I realize I signed a co listing agreement however what is the big deal about seeing their name in our mls? My Broker says no unless they are a member of our MLS and what is their reason?

What is this in regards to selling or listing? Where are you located...details?

In regards with my listing?? It's my listing with Brighten/Red Bell. There is a referral fee paid to Red Bell. My question and statement was Why would they insist on being listed in the mls as co-lister. I have been working with REO's since 1994. Never have I been told that they are to be listed as co-lister.

I noticed at least one other AMS, somewhere in so cal, opened their own r.e. brokerage and is now running their assets through this company. Are they trying to cut out the independent agents altogether... keep all the commissions for themselves?

Red Bell has a branch office in my state. They are using the mailing address of one of our top REO agents as their company address. I noticed that when searching active licensees in my state. I think erskine748 has identified something interesting. How are they getting licensed in all states? Why are they joining all the MLS organizations? Why do they insist on co-list agreements. There's something to this. I can't figure out.

This is becoming rather common. I'm in San Diego and New Vista has their own brokerage that seems to magically get all the New Vista assignments in the area.

maybe they need to have a license in order to get paid referral fees out of commissions. realtor board may require co-listing broker on agreement to also be on mls (?) i wonder if they will soon ask to split the commission...

So that they can change anything in the MLS listing when they want to.

I had serious issue with them last year over this and the fact that every single week they were rejecting my MLS sheet and making changes. Once I started tracking the change requests, I figured out that they were changing back and forth every week. We don't want it to read this way, please change to this, then the next week please change it back to this as we don't like the way it reads.

I questioned why they kept changing it back and forth and they said that's what the client wants. These were Litton properties, I have Litton's with other AM companies and they never complained about what I had in the MLS and never made that many changes.

When I refused to change it again and sent them documentation from the MLS that they were incorrect in their thinking on what certain fields meant, they insisted that the "co-listing" person's name from their company be added in the MLS. (I quickly surmised that they probably wanted to be able to access and make changes at will to the data in the MLS, I refused to give in and the property closed about 2 weeks later).

I had my own co-listing agent at the time and her name was in the second field. That I know what is legal in our MLS and not some out of state person that could get me fined.

Needless to say, I cut them lose, they are on my blacklist and I know I am on there's. They owe me for some unreimbursed expenses as they locked me out of their system as soon as the second property I had with them closed and I couldn't submit. Asset manager kept telling to enter it online and would not help with getting my money back.

So there are my trials and tribulations with them. Proceed with caution!