Ep 45 | The NAR Lawsuit's Missing Information| with Anthony Lamacchia

Reside Platform Podcast

Learn more about how Reside can get you to #1 in your marketplace: https://resideplatform.com/

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In this video, co-founders of Reside Platform Suneet Agarwal and Preston Guyton, sit down with Anthony Lammachia.

Anthony Lamacchia, CEO of Lamacchia Companies, oversees a real estate empire including Lamacchia Realty and more. A renowned industry expert, he dedicates his time to recruiting, training, and strategic planning. Lamacchia launched "Crush it in Real Estate" in 2012, a nationally recognized training program. Anthony advocates for homeownership and serves on various REALTORS® committees. In 2020, he achieved multiple accolades and led his brokerage to surpass 400 agents and sell $1 Billion. His continuous success is marked by numerous awards, appointments, and recognition in national media.

The episode kicks off with Anthony's intriguing journey into the National Association of Realtors (N.A.R.) and his unique perspective on the N.A.R. Lawsuit. Delving into the intricacies of misinformation surrounding the U.S. Housing Market, Anthony provides a comprehensive breakdown of his thoughts.

Listeners are in for a treat as Anthony explores the possibility of Sellers refusing to pay Buyer's Agent compensation. Unraveling the potential impact on Buyer's Agents and the shift in power dynamics within the market, Anthony sheds light on the significance of staying informed on discount brokerages.

A highlight of the episode is Anthony's candid account of his phone conversation with Michael Ketchmark, the defending attorney in the N.A.R. Lawsuit. The discussion revolves around the real victims of the lawsuit - home buyers.

As the trio continues their discussion, they address key struggles in the real estate industry and the obstacles that agents might face with the N.A.R. Lawsuit. From the rising trend of copycat lawsuits to Anthony's thoughts on the hypothetical inclusion of his team, the hosts provide valuable insights into the challenges ahead for real estate professionals.

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VIDEO CONTENTS:

00:00 Introduction

02:07 The NAR Lawsuit’s Mis-Information

16:17 The Impact of $0 Buyer Agent Fees

21:40 Anthony’s Conversation with Michael Ketchmark

30:00 The Current Real Estate Industry

38:50 The Copycat Lawsuits

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Show Notes:

Follow Anthony on Instagram:

@ajlamacchia

@crushitinrealestate

Search the hashtag #crushitmindset