License for Internet For-Sale-By-Owner Law Challenged
A California law that requires people to have a real estate brokers license to operate for-sale-by-owner type internet sites is being challenged in Sacramento federal court Monday
Friday, September 24, 2004
The state says current law protects consumers from dishonest, fly-by-night companies. But Steve Simpson, a lawyer with the Institute for Justice, which is representing the company For-Sale-By-Owner-dot-com, says consumers would be better off without it. Getting rid of this law will allow needed competition in the area of real estate information, consumers won’t have to rely as heavily on real estate brokers to get their information and that will be good for consumers nationwide. Simpson says requiring a license to distribute information violates the First Amendment. The law in California essentially amounts to an effort to license speech. The judge today will hear motions for summary judgment. A decision is expected before the end of the year. Steve Milne - KXJZ news.