The National Association of Realtors (NAR) is appealing to the Supreme Court after an appeals court allowed the Department of Justice to continue investigating its business practices.
NAR argues that the Supreme Court's review is necessary, claiming the appeals court's decision is exceptionally wrong and could undermine the benefits negotiated in their earlier settlement.
The Department of Justice's renewed investigation into NAR has raised concerns about potential harm to buyers and sellers, contrasting with NAR's stance of compliance and transparency.
The ongoing legal battle stems from a previous settlement in 2020 that required NAR to enhance transparency and avoid misrepresentations about broker commissions, which NAR believes is at stake.
#national-association-of-realtors #department-of-justice #supreme-court #real-estate-regulations #legal-dispute
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