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.
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