Above, Michael Ketchmark, left and Anthony Lamacchia
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Ketchmark vs. Lamacchia in Contentious Debate, as Both Make Forceful Points
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Interesting article. Not once was it mentioned on how the real estate industry can change to help their clients whether in selling, buying and costing the seller and buyer less money. The public is aware of all the lawsuits and they are going to demand changes. Both gentlemen in the article were basically protecting their jobs. A process that is over 100 years old needs change. Travel agents decreased, the old fashion sign painter disappeared and on and on. The industry has to wake up and stop defending it self and change or else it will go the way of the DODO bird and some innovative process will take its place.
I would suggest to Mr. Lamacchia to destroy his cell phone, computer and go to a Chevrolet dealer and ask for one of the 1950”s salesmen special cars that were two doors radio, heater and stick shift not to mention roll up windows. I sure hope his is advertising in the newspaper. I hope the above shows how change is needed. Without the consumer there is no business.
Interesting article. To me the debate is a ping pong match. I would like to see disclosure of details regarding the listing contract documents the sellers agreed too that were used as evidence in the 1st trial. Every client selling a property always had a choice, a voice before signing an agreement for services. Salesperson in the industry of real estate provide hundreds of hours of service we never get paid for be it a withdrawal listing ( typical is sellers decision, over pricing against sold data) or a buyer ( represented or not) that toured 30 homes and didn’t decide to make a purchase offer. It is my opinion that the commissions we do earn from sales closing in part is earned income from our services we provide usually seven days a week, 12 hours most days. I have been working full time for 28 years in Maryland as a salesperson. It is my opinion that the public never sees the true picture of our work day or night 7 days a week. All they see is the dollar figure of commission on the settlement sheet with very little memory of how that figure is divided then the expenses we pay for to perform our work. Everyday we Service current business, past transactions while procuring new business and for no hourly wage. Again the general public doesn’t understand our worth and want we truly bring home, net worth after expenses.
Beautifully said, thank you! I have been a realtor for 19 years and the conversation around this lawsuit completely devalues and disrespects the hard work that we put in every day and don’t get paid for. I have wonderful client testimonials , which proves the value that realtors offer during one of the most stressful times of a person’s life, buying or selling a home.