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An interesting legal case in Boston.
This is for brokers more than people looking for real estate who may be reading my personal blog.  Although, it is an interesting glimpse into some of what is going on in the real estate business apart from listing and selling property.
There is an interesting legal case in Boston MA.  As I understand it, a website has gone from being a place for posting listings to a full fledged real estate company.  Some of those who invested in the site were existing real estate companies.  They were blindsided by the switch from domain to real estate company.
Why is this interesting?  Well, which sites are you putting your listings on?  Could they switch from just displaying listings to becoming a competitor?  If you are putting your listings on a site other than your own, you may be complicating your business success rather than enhancing it.  Byhelping a future competitor establish a stronger presence than you have on the Internet, you may be shooting yorself in the business foot.
Ten years ago, agents and brokers didn't have their own web site to promote.  Today, our industry, and the customers who participate in it, are led to believe that real estate listings ... more

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