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Realtors® Applaud President’s Call for Strict Net Neutrality Rule

Media Contact: Jenny Werwa / 202-383-1193 / Email

NEW ORLEANS (November 10, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron:

“NAR welcomes President Obama’s bold support for true net neutrality rules that preserve an open Internet and allow for equal, unencumbered access to this powerful driver of economic activity for both small businesses and consumers. Realtors® have been vocal opponents of rules proposed by the Federal Communications Commission that would create a two-tiered Internet by allowing Internet Service Providers to charge subscribing companies a premium to boost website download speeds. 

“In a comment letter to the FCC, NAR described the negative impacts that the “fast lanes” proposal would have on the real estate industry and especially the hundreds of thousands of independent Realtor®-owned businesses. Because the business of real estate is increasingly conducted on-line - streaming video, virtual tours and voice-over-Internet-protocol are just some of the technologies that are commonly used by real estate professionals today - net neutral practices are essential to ensuring that real estate content may be freely and efficiently distributed online.

“If the FCC’s proposal went into effect today, new and small businesses, who cannot afford to pay the fees, would instantly be put at a competitive disadvantage.

“Realtors® are encouraged by President Obama’s strong opposition to the FCC’s rule and will continue to advocate for an open and free Internet.” 

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

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