In its recent filing, the National Association of Realtors expressed its intent to appeal a D.C. Circuit ruling which allows the Department of Justice to renew its investigation. The court's ruling, which overturned a previous decision by Judge Timothy Kelly, is seen by NAR as undermining the benefits negotiated in an earlier settlement. This appeal comes as they challenge ongoing scrutiny into practices surrounding broker commissions and transparency.
The appeal comes after the D.C. Circuit Court denied NAR's request for a rehearing, highlighting that the DOJ's renewed investigation raises significant concerns for the trade group. They argue that the original settlement, reached in 2020, provided essential protections that are now jeopardized. NAR's insistence on appealing indicates their commitment to uphold the negotiated terms against what they consider unwarranted regulatory pushback.
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