IRES, REcolorado merger awaits shareholder approval

LOVELAND — Shareholders of the two multiple-listing services that serve Northern Colorado and the greater Denver metro area will vote on a merger of the two, creating a single MLS that would serve 26,000 real estate professionals.

Financial terms of the merger and information on who would lead the new organization have not been released.

Lauren Hansen, chief executive of Loveland-based Information Real Estate Services Inc., and Kirby Slunaker, president and CEO of REcolorado based in Denver, last week signed a binding merger agreement that has been approved by REcolorado’s board of directors and IRES’ board…