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Real estate regulators confronted about 'secret' residency rule

Posted on AllSides April 7th, 2024
From The Right

An unwritten rule adopted by the Mississippi Real Estate Commission requires real estate salespeople live within an hour of their supervising broker, or roughly 50 miles, just so that broker can keep tabs on them. But the Institute for Justice has written a letter challenging that standard, which essentially is a staff interpretation of a rule concerning those supervisory responsibilities and is not, actually, written down. The issue is that with modern technology, brokers have options with a long list of ways of keeping tabs on sales representatives without have...

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