Why Do 13 States Block ERealty?

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.

Source: Inman News, November 1, 2002
Bookmark and Share
I'm writing to give a proper introduction to the city where I live and work, given partly to correct some misconceptions about Dubai -- a common one being the notion that Dubai is little more than an upstart Las Vegas alongside the Arabian Gulf.