This matter is not close to being final as we will appeal the jury's verdict, and we remain confident we will ultimately prevail. In the interim, we will ask the court to reduce the damages awarded by the jury. Due to the nature of appeals, this case likely will not be concluded for several years.

We can't speak to the specifics of that until we file our appeal, but we can say that we have a very strong 法律 basis for appeal.

不是因为这个判决. But NAR has emphasized for many years two important things. One is the use of buyer representation agreements, which maximize 透明度 by putting all agreements in writing to ensure clarity and understanding, as all members are obligated to do pursuant to the NAR Code of Ethics. These agreements formalize the professional working relationship with clients and detail what 服务s consumers are entitled to and what the buyer agent expects from their client in return. 第二个, it's also an imperative for members to continue to express that commissions are negotiable and set between 经纪人 and their clients; explain how local MLS broker marketplaces promote equity, 透明度, and market-driven pricing for consumers; and persistently communicate the incredible value agents who are REALTORS® provide.

This verdict does not require a change in our rules, but if class action attorneys had it their way, buyer representation would be very much at risk because many first-time home buyers, 等, couldn't afford to pay for representation out of pocket. It's important that members take every opportunity to express how they are experts who guide consumers through the financial, 法律, and community complexities of buying or selling a home.

NAR is going to appeal and has the funds to post bond, which allows us to proceed with our appeals and defer potential payment of damages. While appeals will take years, and we are confident we will ultimately prevail, we also are financially prepared for any final judgment.

它不. 案件分开审理, and we remain confident we will ultimately prevail because we have a strong case we'll present on appeal and because our rules are pro-consumer and pro-business competitive.

NAR always has been open to a resolution that maintains a way for buyers and sellers to continue to benefit from the cooperation of real estate professionals and eliminates our members' risk of liability for the claims alleged. That being said, we remain confident we will prevail on our appeal.

This rule always has been in place to protect and serve the best interests of consumers, support market-driven pricing, and advance business competition. NAR consistently reviews and considers evolving its rules in a way that responds to changes in the industry and what best serves consumers.

We cannot predict what plaintiffs will do. We would contest any such effort because this rule always has been in place to protect and serve the best interests of consumers, support market-driven pricing, and advance business competition.

We reached an agreement with the DOJ nearly two years ago. NAR has upheld our end of the agreement, and we expect the DOJ to do the same as affirmed by a federal court's careful ruling. That is a separate matter from the case of Burnett v. NAR等.