Hacker Connect January 16 in New York
An event for and by the real estate tech community

With a federal court ruling in its favor, ForSaleByOwner.com likely will pursue a more aggressive marketing strategy in California, according to Colby Sambrotto, chief operating officer for the company. A federal judge ruled Nov. 19 in a U.S. District Court in Sacramento, Calif., that the state of California violated First Amendment rights in requiring Web sites to obtain a real estate broker's license in order to display property listings. The state in 2001 began to enforce a 1950s law that exempted newspapers from obtaining a license to show real estate listings while requiring other companies to obtain a license. The state has 30 days to consider whether it will appeal the decision. ForSaleByOwner.com filed the lawsuit in 2003 charging that the state law was unjust. Sambrotto said thi...