Brokerage Bond New York scheduled to offer a deal on online coupon site Groupon today that would charge consumers $25 for $1,000 off closing costs in the sale or purchase of their next home. However, Noah Freedman, co-founder of Bond, was notified over the weekend that the deal would have to be pulled due to legal reasons, according to Crain’s, though the exact reasons weren’t immediately available.
This comes a month after Chicago real estate brokerage Dream Town Realty became the first real estate firm to use Groupon to attract new clients.
Freedman told Crain’s that he was upset by the decision to pull the deal, which had taken a long time to organize. It was intended to run through May 8. It is as yet unclear if the deal has been pulled permanently or will be offered at a later date. [Crain’s]