"ARMLS is creating a structure that further separates business expertise from the practice of real estate to make more objective, forward-looking decisions while still staying grounded in the needs of the brokers and agents it serves."
"This new structure makes ARMLS stronger, CEO Matt Consalvo said. We are creating a modern governance model that supports future growth and lowers risk while staying true to our market and the needs of those who everyday make the market work for consumers."
ARMLS is shifting from a broker- and agent-led board to an independent board of directors, approved by shareholders and the current board. This new board will focus on strategy, business, finance, and legal oversight, while a broker and agent advisory council will provide feedback on local market conditions and service improvements. The independent directors may include subject-matter experts, ensuring a balance between independence and real-world insight. The transition aims to enhance governance and support future growth, with applications for the new board opening in April 2026.
Read at www.housingwire.com
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