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Summary: Goldberg Takes Stand as NAR Defends Value of Buyer Agents
- NAR’s defense opened with two key witnesses, including CEO Bob Goldberg, to counter accusations of conspiracy and price fixing.
- Goldberg emphasized the value of buyer agents in the real estate industry.
- The case highlights the ongoing debate surrounding the role and compensation of buyer agents in real estate transactions.
NAR Defends Value of Buyer Agents in Court
As reported by RISMedia, the National Association of Realtors (NAR) recently began its defense against accusations of conspiracy and price fixing in court. The defense opened with two key witnesses, including NAR CEO Bob Goldberg, who took the stand to emphasize the value of buyer agents in the real estate industry.
Goldberg’s testimony aimed to demonstrate the importance of buyer agents in ensuring a smooth and successful real estate transaction. He argued that buyer agents provide essential services, such as guiding clients through the home buying process, negotiating on their behalf, and protecting their interests.
This case highlights the ongoing debate surrounding the role and compensation of buyer agents in real estate transactions. Critics argue that the current commission structure may lead to inflated costs for consumers, while proponents of the system maintain that buyer agents provide valuable services that justify their compensation.
In conclusion, the National Association of Realtors is currently defending the value of buyer agents in court, with CEO Bob Goldberg taking the stand to emphasize their importance in the real estate industry. The outcome of this case may have significant implications for the role and compensation of buyer agents in future real estate transactions.
Orginal article: Link To Article – provided by Kansas City Realtors
