A U.S. District Judge has ruled that a California woman licensed as a realtor in California promoting and selling Nebraska properties can continue to do so, even though she is violating changes to the Nebraska Real Estate License Act that would require her to be licensed in Nebraska in order to advertise and sell Nebraska properties though her website[1]. The judge ruled in this manner because the new changes to the NREL Act are, according to him, unconstitutional because they give the Nebraska real estate commission jurisdiction “beyond Nebraska.”
The judge temporarily blocked the enforcement of the changes in NREL and scheduled a hearing for August 3. In the interim, the woman can continue to offer “advertising to homeowners who wish to sell their properties without the use of a commission-charging realtor.” She charges a flat fee for her realtor services instead of a commission.
Do you think that real estate agents should be allowed to advertise and promote properties outside of the states in which they are licensed? How do you think this type of ruling might affect you (if at all) as a real estate investor?
Thank you for reading! Your comments and questions are welcomed below.
[1] http://www.msnbc.msn.com/id/38490074
