BrokerageIndustry News

Indiana real estate measure irks DOJ, Angie

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A company that operates an online database with consumer reviews of local contractors is lobbying against new real estate laws that require licensees to perform a specific set of services for clients. Angie Hicks, founder of Angie's List, seeks to change a law enacted July 1 in Indiana and block similar legislation in Michigan. Hicks said in a statement that the Indiana law "is anticompetitive and limits the choices consumers have for selling their home. Homeowners with experience in the selling process should have the freedom to decide what they can handle, and in turn have the option to save potentially thousands of dollars in commission fees." Angie's List does not allow consumers to rate real estate professionals and a spokesman said the company has no plans to do so, though the company does allow ratings of home inspectors and real estate appraisers, among other contractors. The company, founded in Indiana, has about 500,000 members in 35 states and 67 cities. Other states have a...