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hi this is John Goodman in this webcast we are talking about the 2019 changes to the real estate commission approved contract there are five and a half big changes to the contract in this presentation I am NOT going to say everything there is to say about these five and a half changes I am just going to get them on the table for you at the time we are recording this in August of 2018 the exact language is still in play but I want to give you a chance to think about these new changes which I think are all conceptually good changes it's good for the buying and selling public it's good for the brokerage in just industry it's good so let me give you a little background first and the background is is that the division of real estate in 2015 committed to avoid making changes to the contract unless it was compelling for them to make a change and they honored that pledge for 2016 no changes they honor that pledge for 2017 no changes they honor that pledge for 2018 no changes let's give our reg

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