Business Journal is reporting that a group of six Bay Area multiple listing services, including the region's largest in the South Bay, has tentatively agreed to merge operations and listings databases to create a single entity with nearly 50,000 subscribers.

The new organization would be one of the largest MLSs in the country and would cover a territory stretching from the Central Valley across the East Bay to San Francisco and Silicon Valley all the way to Monterey and San Benito counties.

The goal is to complete the consolidation by late 2007 or early 2008.

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