MLS Industry Veteran Tom Beede to Retire in July

MetroList Board Appoints Next Leadership Team

SACRAMENTO, California – Tom Beede, President, CEO and CFO of MetroList Services, Inc., has announced his retirement after more than 32 years of service with MetroList and over 40 years in the MLS industry. His retirement is set for July 14, 2017.

"MetroList has been very fortunate to have such a visionary leader at the helm," said Wayne Rose, chairman, MetroList Board of Directors.

Prior to joining MetroList, Tom was an Account Manager for PRC Realty Systems where he created the first PRC regional MLS computer system for the Sacramento, Placer and El Dorado Associations of REALTORS®. With his expertise and knowledge in the new electronic age, Beede was the first employee at MetroList and was hired to manage, build, and lead MetroList as one of the first MLSs in the nation that "owned and operated" its own MLS Computer system. Under Tom's leadership, MetroList grew to become the largest Northern California MLS, now serving more than 18,000 Participants and Subscribers in Sacramento, Placer, El Dorado, Yolo, San Joaquin, Stanislaus and West Merced counties.

Tom built an organization and culture focused on delivering unparalleled subscriber value, customer centric service, and the highest level of data integrity. "Tom has an aptitude for bringing the best products and services to subscribers, and an ability to create regional relationships, collaborations and identifying new and cost-effective ways to share MLS data," Rose added.

"Tom will leave a lasting legacy not only with MetroList, but with the entire Industry. We are eternally thankful for his leadership and loyalty," Rose said.

Bill Miller, a MetroList executive for the past 21 years, has been promoted to Chief Executive Officer by the Board of Directors. Miller's previous roles as COO, Corporate Secretary and Vice President of Business Development, make him the ideal person to lead the organization.

Prior to his new role, Miller led the company's business segments, including marketing, communications, human resources, business development and subscriber education. Miller
also earned the CMLX3 designation, the highest-level certification offered by the Council of Multiple Listing Services.

In addition, the Board of Directors has promoted Nancy Madolora as Chief Financial Officer and Bob Greenspan as Vice President and Corporate Secretary.

"Tom has been an excellent leader and mentor," said Miller. "He leaves behind a great team of seasoned MLS professionals who will continue to develop and grow the organization by
delivering the innovative products and services so our subscribers can list and sell more property."

This leadership evolution is consistent with the MetroList Board of Directors' corporate strategy and demonstrates the strength of management development within the organization.

About MetroList Services, Inc.

MetroList Services Inc. is the largest multiple listing service in Northern California, headquartered in Sacramento, the state's capital. Formed in 1985 by the Sacramento Association of REALTORS®, the Placer County Association of REALTORS® and the El Dorado County Association of REALTORS®, MetroList's ownership group has grown to include the Lodi Association of REALTORS®, the Yolo County Association of REALTORS®, and California Real Estate Brokers, Inc. MetroList acts as a seamless real estate information network serving more than 18,000 real estate professionals in seven counties: Sacramento, Placer, El Dorado, San Joaquin, Stanislaus, Merced and Yolo.