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nthony Lamacchia, CEO of Lamacchia Companies, found himself in an unexpected position - briefing President Donald Trump on the National Association of Realtors' commission lawsuit settlement and the Department of Justice's continued involvement in real estate matters. The meeting was a private roundtable discussion with 21 business leaders from various sectors, where Lamacchia represented the real estate brokerage industry.

    Lamacchia recalled that Trump was particularly animated when learning about the reversal of the DOJ settlement under Biden, calling it "judicially sanctioned extortion." He expressed frustration and requested a follow-up, asking Lamacchia to send more information by the next day. Despite not hearing back, Lamacchia remains hopeful that his efforts made a difference.

    The real estate industry is facing significant changes, with many agents reporting increased commissions post-settlement. According to Lamacchia, most agents see commissions either remaining the same or increasing, as buyers and sellers negotiate deals. A recent survey found that nearly 12% of agents reported buy-side commission increases, while over 20% saw sell-side commission increases.

    Lamacchia's meeting with Trump has raised eyebrows, but he emphasizes that it's not about politics - it's about protecting an industry. He believes the current system works and that consumers continue to use real estate agents despite the challenges. On a macroeconomic level, Lamacchia remains cautiously optimistic, predicting a real estate rebound beginning in the fall and accelerating through 2026.

    As the real estate industry navigates ongoing regulatory shifts, voices like Lamacchia's - unfiltered, informed, and unafraid - are likely to shape its direction. His mission is clear: to protect a good industry that's been unfairly targeted and advocate for change at the highest levels.