Federal Issues
Update in Case of Burnett v. NAR et al.
January 25, 2024
In early January, NAR took an important step in formally challenging the Burnett verdict by filing motions asking the Court to vacate the verdict and enter judgment as a matter of law in favor of NAR or order a new trial. These motions are part of the post-trial process that occurs prior to the filing of an appeal.
In addition to NAR’s belief that the policies currently in place ensure equity, efficiency, transparency, and market-driven pricing options for home buyers, NAR strongly believes that the jury's verdict was driven by improper legal instructions that limited the evidence the jury could consider in coming to their decision.
About the GMLRA Market Brief
The Georgia Mountains & Lakes REALTORS® Association (GMLRA) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 404.845.4024.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Georgia Mountains & Lakes REALTORS® Association
The Georgia Mountains & Lakes REALTORS® Association (GMLRA) has been an instrumental factor in the growth of real estate in the Habersham, White and Rabun, Georgia area for more than a decade. GMLRA serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.