BrokerageIndustry News

No appeal on FSBO court ruling in California

State law presents double standard for newspapers, Web sites
Published on Dec 20, 2004

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by CareyBot

The California Department of Real Estate will not appeal a federal court ruling in favor of an Internet-based flat-fee property listing company.

ForSaleByOwner.com in May 2003 challenged the state's enforcement of a 1959 real estate law that requires entities offering real estate property listings to obtain a real estate brokerage license while exempting newspapers from these licensing requirements.

U.S. District Court Judge Morrison England Jr ...

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