CRRA/CMLS Company Merger/Acquisition Form
1. Consent. When a firm participating in the MLS merges with or acquires another firm that participates
in the MLS, the DR/MP or BIC from each firm must sign this form, and submit it to the CRRA/CMLS
Member Services Department consenting to the transaction.
Acquiring Firm:
Firm ID:
DR/MP/BIC Signature:
Merging/Acquired Firm:
Firm ID:
DR/MP/BIC Signature:
Will the DR/MP/BIC of the acquired firm transfer to the acquiring firm?
Yes
No
(If “yes,” please list the DR/MP/BIC with all other transferring licensees and listings on the next page.)
Who will act as the DR/MP/BIC for the newly created entity?
2. MLS Start-Up Fee. The MLS start-up fee for the new consolidated firm will be collected unless:
•
•
The merging/acquired firm indicates the initial start-up fee previously paid transfers to the
acquiring firm, OR
The merging/acquired firm’s real estate licensees relocate to the already established physical
office of the acquiring firm.
a. Does the initial start-up fee previously paid by the merging/acquired firm transfer to the acquiring
firm? (This is important if the MP for the merging/acquired firm plans to start a new firm in the
future.)
Yes
No
b. Are the merging/acquired firm’s real estate licensees relocating to the already established
physical office of the acquiring firm?
Yes
No
3. Transferring Agents and Listings.
a. Use the attached worksheet (make additional copies if necessary) to list all transferring licensees
within the two firms.
b. Licensees who are not transferring to the acquiring firm must complete the “Transfer Request
Form” available at http://www.carolinamls.com/general/forms.cfm.
c. Provide a copy of the letter sent to the real estate commission for any licensee who will be
dropped from the firm (acquiring and merging/acquired). CMLS will suspend the Subscriber’s
access to the Service, as well as Supra service, if applicable.
d. Any listings that are not transferred to the acquiring firm will be withdrawn.
4. Additional Documentation. Please include the following documents:
a. A copy of the letter to the real estate commission informing it of the company merger/acquisition
b. Registration of the transaction with the secretary of state (if applicable)
c. A copy of the company merger/acquisition agreement between the acquiring firm and the
merging/acquired firm (if available)
Transferring Licensees and Listings.
Agent Name
Agent #
Current Office #
New Office #
Listings to be transferred:
Category:
Single Family
Condo/Town House
Multi-Family
Lots/Acres/Farms
Commercial
Rentals
Status:
Active
Under Contract-Show
Under Contract-No Show
Available (Rentals only)
Application Received (Rentals only)
Transfer only the MLS#s indicated below.
New Listing Agent Name (if applicable)
New Listing Agent #
Agent Name
New Office #
Agent #
Current Office #
New Office #
Listings to be transferred:
Category:
Single Family
Condo/Town House
Multi-Family
Lots/Acres/Farms
Commercial
Rentals
Status:
Active
Under Contract-Show
Under Contract-No Show
Available (Rentals only)
Application Received (Rentals only)
Transfer only the MLS#s indicated below.
New Listing Agent Name (if applicable)
New Listing Agent #
Agent Name
New Office #
Agent #
Current Office #
New Office #
Listings to be transferred:
Category:
Single Family
Condo/Town House
Multi-Family
Lots/Acres/Farms
Commercial
Rentals
Status:
Active
Under Contract-Show
Under Contract-No Show
Available (Rentals only)
Application Received (Rentals only)
Transfer only the MLS#s indicated below.
New Listing Agent Name (if applicable)
New Listing Agent #
Agent Name
New Office #
Agent #
Current Office #
New Office #
Listings to be transferred:
Category:
Single Family
Condo/Town House
Multi-Family
Lots/Acres/Farms
Commercial
Rentals
Status:
Active
Under Contract-Show
Under Contract-No Show
Available (Rentals only)
Application Received (Rentals only)
Transfer only the MLS#s indicated below.
New Listing Agent Name (if applicable)
New Listing Agent #
New Office #
Transfer only these listings. (Note: Complete this section only if you checked the box for “Transfer
only the MLS#s indicated below.”):
Co-listings. Provide the MLS#s for listings to be transferred that are colisted. Should the co-listing agent be removed from the listings?
Yes
No
CRRA/CMLS Office Use Only:
Start-up Fee Collected
Start-up Fee Waived
New Office Created
Agents Transferred
Listings Transferred