As a Carlsbadistan.com commenter pointed out yesterday Marty Ummel and her husband Vernon are taking their fight against local Realtor Mike Little to the media with a vengeance.
Yesterday, Marty appeared in a feature story on the Today Show then she and Vernon sat down on the couch with Ann Curry for an extended interview.
This story is getting even more legs because, as everyone knows, the entire real estate industry is incentivized by getting buyers to pay as much as possible for property. If Realtors representing buyers were paid a commission based on the amount of money they saved their clients vs. the asking price, then they would likely be more interested in getting the best deal possible for their clients. But then, of course, they would get paid a lot less.
[Link: The Today Show]
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I saw the segment. NBC’s legal analyst trashed the buyer’s case – – said it lacked merit, different houses have different values, a pool may not increase value, and the price is set by negotiation by seller and buyer, etc. These buyers can’t win if the judge sees the case the way this analyst did.