Realtors sue FSBO Web site 

The Iowa Association of Realtors is trying to shut down a local for-sale-by-owner real estate advertiser for allegedly operating a real estate business without a broker's license. The association last week filed a lawsuit for an injunction against AgentsBeware.com and its operator Jeremy Smith.

The association alleges the Web site is illegally acting as a real estate broker. But Smith argues the company acts only as an advertising service, much like sites like eBay that connect buyers with sellers via the Internet.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.