WASHINGTON (July 17, 2018) – The National Association of Realtors® commends Rep. Mike Coffman for his introduction of the 21st Century Internet Act. Rep. Coffman’s bill comes in response to the Federal Communications Commission’s 2017 decision to dismantle net neutrality regulations, with the legislation ensuring that Internet Service Providers, or ISPs, cannot block or throttle online content or services.
In November 2017, the FCC, under chairman Ajit Pai, released a plan to dismantle landmark regulations that ensure equal access to the internet, clearing the way for internet service companies to charge users more to see certain content and to curb access to some websites. Realtors® were vocal opponents of rules proposed by the FCC to create a two-tiered internet by allowing ISPs to charge companies a premium to boost website download speeds. Virtual net neutral practices are essential to ensuring that real estate content may be freely and efficiently distributed online, particularly as the marketing of real estate is increasingly conducted online through streaming video and other services.