Tagged: bad real estate business models

Iggy’s House and B.S. Realty closes down in Washington State

Though the websites Iggy’s House and Buyside Realty are back online, they have cancelled their membership in the NWMLS and closed shop here.

Iggy’s House had offered free MLS listing services in 20 states and offered cash rebates to buyers in six states, but now they’re just operating in California, Florida and Illinois.

Before they left the area, Designated Broker Alex Fox was fined $2,500 by the NWMLS for publishing a Broker’s Open House in NWMLS’s database that was not staffed by a licensee. It was not clear if they paid this fine before cancelling their membership.

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