IRES proposing expanded data-sharing with REcolorado

LOVELAND — Multiple listing service firm Information Real Estate Services Inc., which earlier this month declined an unsolicited offer to be acquired by REcolorado, an MLS located in Greenwood Village, on Friday said it will propose an expanded data-sharing plan between the two organizations.

An MLS is a service used by a group of real estate brokers that creates a system allowing each broker to see all other property listings for sale in a given geographic area. Colorado has 15 separate MLS operations.

IRES and REcolorado in 2015 were embroiled…