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NAR CEO Bob Goldberg Defends Clear Cooperation Rule in Second Day of Commission Lawsuit Testimony

  • NAR CEO Bob Goldberg testifies for the second day in defense of the Clear Cooperation rule.
  • The rule is at the center of the commission lawsuit trial.

Important Points

NAR CEO Back on Stand for Second Day of Defense Testimony in Commission Lawsuit Trial

Bob Goldberg, CEO of the National Association of Realtors (NAR), testified for the second day in defense of the Clear Cooperation rule, which is at the crux of the commission lawsuit trial. The rule has been criticized for allegedly limiting competition and perpetuating high commission rates.

Defending the Clear Cooperation Rule

Goldberg faced questions about the Clear Cooperation rule and its impact on the real estate industry. He defended the rule, arguing that it promotes transparency and collaboration among real estate professionals while ensuring that consumers have access to accurate and up-to-date information about available properties.

Insights

As a real estate expert, I understand the importance of industry rules and regulations that promote transparency and collaboration among professionals. The Clear Cooperation rule, while controversial, has been designed with the intent of creating a more equitable and efficient real estate market for both professionals and consumers.

When looking to buy a home or sell a home, it’s essential to work with an experienced real estate agent who is knowledgeable about the industry’s rules and regulations. By partnering with a professional, you can confidently navigate the real estate market and make informed decisions about your real estate goals.


Orginal article: Link To Article – provided by Kansas City Realtors