REW Public Comment : RE/MAX Property Exchange (Lambiase, Anthony) 10/28/2005, REW-0269

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Comment No.: REW-0269
Received: 10/28/2005
Organization: RE/MAX Property Exchange
Commenter: Lambiase, Anthony
State: NJ
Attachments: None


Antitrust Division
U.S. Department of Justice
Liberty Place, Suite 300
Attention: Lee Quinn
325 7th Street, NW
Washington, DC 20530

Dear DOJ:

October 21, 2005

The consumer is truly winning and real estate listings are already "hyper" competitive. With the invention of the internet, I have first hand experience in a seller "consumer" dictating to me to list their property at one quarter percent (0.025%). With this kind of discount on my end as the broker, I believe its extremely competitive for the Realtor®. The very last thing we need is companies not even caring about the consumer or a commission but ancillary services and products on the back end of a real estate transaction to make money.

The new IDX policy is a win-win for consumers and REALTORS®. It works for consumers because it gives home sellers a choice whether to permit marketing of their property on the Internet and in selecting an MLS member with whom they want to work. It allows them to "opt-in" and have their property displayed on other brokers' Web sites even if they are working with a broker who does not participate in sharing his listings for display by his competitors. And it works for REALTORS® because it gives us the right to control where our listings are displayed on the Internet.

A concerned American and Broker Owner


Anthony Lambiase
Broker / Owner
RE/MAX Property Exchange

124 Little Falls Road Suite A
Fairfield, NJ 07004

OCT 28 2005
U.S. DEPT. OF JUSTICE [initialed]

Updated June 25, 2015

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