NAR opinion on the settlement

NAR President Dick Gaylord listed several good reasons why the settlement was a win for NAR:

First, the proposed settlement preserves and strengthens the MLS as a means for broker-to-broker cooperation that serves real estate professionals who are actively engaged in listing or selling property in that MLS by increasing the threshold for brokers seeking to become participants in a multiple listing service.

Second, the settlement acknowledges the success of the IDX policy, allowing it to remain, unchallenged and unaltered.

Third, the settlement allows NAR to put in place a revised VOW policy to provide rules for those brokers wishing to deliver brokerage services using a VOW. For the past four and a half years, there have been no rules due to the investigation and litigation.

Finally, by settling the case, we can avoid costly litigation and focus all of our resources on helping our members strengthen the housing market, our communities and our businesses.

http://narblog1.realtors.org/mvtype/president/2008/05/why_settle_with_doj_posted_by.html