Canopy MLS Acquires MLS Line of Business Operated by Cleveland County Association of Realtors®
Friday, February 7, 2020
CHARLOTTE, N.C. – Canopy MLS, a wholly-owned subsidiary corporation of Canopy Realtor® Association, is pleased to announce the purchase of the MLS line of business operated by Cleveland County Association of Realtors®, effective Feb. 1. The Cleveland County Association of Realtors® will remain as the local Realtor® association serving Cleveland County.
2020 Cleveland County Association of Realtors® President Danny Clay said, "After doing our due diligence, we’re excited about our MLS becoming part of Canopy MLS and see great benefits for our subscribers. The greater access to technology, tools and resources that Canopy MLS will provide in a rapidly-changing industry will help our brokers compete in today’s fast-paced real estate market."
Canopy MLS has been growing regionally since 2017, acquiring the NC Mountains MLS in the Asheville region, the MLSs in Rowan, Burke and McDowell counties, and in November 2019 officially became a dual state MLS with the acquisition of Piedmont Regional Multiple Listing Service. Combined, this growth accounts for more than 18,000 subscribers.
2020 Canopy Realtor® Association/Canopy MLS President John Kindbom said, "We’re excited to have Cleveland join Canopy MLS, and we look forward to working with them to bring the latest technology tools to better serve their clients. Across our industry, we’re seeing consolidation take hold. Ultimately, this helps our brokers realize greater cost savings and leads to standardization of data across the industry."
Canopy MLS is the private cooperative Realtors® use for access to tens of thousands of residential listings in a 24-county service area, including Charlotte, the mountains area of North Carolina, South Carolina, and beyond.
Each day, thousands of real estate professionals count on Canopy MLS to:
- Provide reliable, up-to-date market information
- Facilitate cooperation
- Adhere to a set of norms and rules that make the market work
Additionally, Canopy MLS has been serving as a wholesale vendor for the MLS of Catawba Valley and its 600 subscribers in the Hickory/Catawba County and Lenoir/Caldwell County areas of western North Carolina since 2018.