NAR, Realtor.Com® Set Record Straight on Erroneous FSBO Claims
November 18, 2008 by Deborah Boza-Va... commentA press release issued by ForSaleByOwner.com contained inaccuracies and misleading statements about its ability to place unlisted for-sale-by-owner information on REALTOR.com, the official Web site of the National Association of Realtors® operated by Move Inc.
NAR and REALTOR.com are setting the record straight with the following clarifications:
• The settlement agreement between NAR and the Department of Justice made no provision to allow unlisted properties, such as “for-sale-by-owner,” to be posted on REALTOR.com.
• ForSaleByOwner.com does not in any way enable home sellers to advertise their home on REALTOR.com without broker representation. Every property on REALTOR.com must be listed by a licensed real estate broker.
• REALTOR.com has not authorized ForSaleByOwner.com to resell REALTOR.com’s Showcase Listings Enhancement package.
• There is no relationship between ForSaleByOwner.com and REALTOR.com.
• There are no unrepresented homes on REALTOR.com – every property on REALTOR.com must be listed by a licensed real estate broker, and unrepresented properties would not qualify to be submitted to a REALTOR® owned and operated MLS.
REALTOR.com® has asked ForSaleByOwner.com to issue a retraction. ForSaleByOwner.com did not discuss in advance the statements in their press release with REALTOR.com® nor did they request or receive permission to use the REALTOR.com name in their press release.













