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No Deal

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Last month, Chicago brokerage Dream Town Realty became the first real estate brokerage in the country to offer a real estate Groupon. Under the deal (which 219 people snapped up), buyers paid $25 up-front, and Dream Town promised to give them $1,000 at closing time. Today, Crain's is reporting that NYC brokerage Bond New York tried to offer a nearly identical deal, but it was pulled at the last minute due to "legal reasons." What are those legal reasons, and how did Dream Town get past them? We don't know, but the founder of Bond NY sounds peeved. [Crain's New York via Curbed NY]