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Why Do 13 States Block ERealty?

Posted by: Chris Steins
Thanks to: Inman News Service
2 November 2002 - 11:00am

Old-line businesses have regulations that protect their turf.

Traditional businesses are using government rules and regulations to impede competition from Internet-based businesses. For instance, laws in 13 states prohibit eRealty's reduced fee formula, which allows the company's agents to rebate a portion of their commission to a home buyer.

Full Story: Why do 13 states block eRealty?
Source: Inman News, November 1, 2002
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