AgentRank is attempting to rank real estate agents based on professional experience, home sales, endorsement from former clients and other variables.
The founders of the AgentRank are very clear that rankings can not be manipulated and if you want to rank well in their system all you need to do is to sell homes and keep your clients happy. One of the factors that will affect agent’s rankings is based on whether or not the agent publishes a blog. Hopefully it will encourage agents using the system to start their own blog.
Out of curiosity I used the system to search for the real estate agents in my area. I found 7 agents, whose rank varied from 8 to 1. I presuming that 10 is the most an agent can be ranked at.
While I did not find any familiar faces, few things about AgentRank system jumped at me. While claiming to rank real estate agents based on endorsements from former clients, there is no mechanism for that if you would like to endorse an agent you worked with in the past. Since some of the agents do have endorsements at AgentRank, it leaves me to think that these endorsements are completely under control of individual agents.
While one agent on the list is in the real estate for 230 years- a clear advantage as far as rankings are concerned based on professional experience.
To provide unbiased ranking can be a difficult task. I learning that from my attempt of ranking real estate blogs. So I am sure AgentRank is working hard to improve their website and it’s features.
At the end of the day you have nothing to loose when you decide to join AgentRank. The membership is free and you will get some extra exposure and a link to your blog. You can also follow AgentRank Blog for further news and developments. Feel free to come back and share your experience with AgentRank.
BidEup, a newly launched website, claims to bring innovation to real estate industry, through “patent-pending methodology” (or did they mean technology?). Only real estate agents are welcomed to list properties on the website- at a minimum rate of $120 per 30 day listing. If you would like to list your property with all possible bells and whistles, it will set you back by about $300.
The innovation apparently lies in, as claimed by the website, being “first legally binding virtual market place”. However it is not clear what exactly this “legally binding virtual marketplace” is.
It may very well be that bidEup.com has some outstanding marketing plan in place. However, from a quick glimpse it looks like another “lead generating” website.
Is New Jersey Association of Realtors behind the times? Or is trying to protect both customers and real estate agents? The Inman News had a story today about possible legislation by the New Jersey Real Estate Commission:
The New Jersey Association of Realtors is opposing legislation that would allow real estate brokers and agents to provide cash rebates or other gifts to buyers and sellers.
Members of the state’s Real Estate Commission, a regulatory agency that enforces licensing law in the state, has considered the legislation but hasn’t yet announced a position….
….While officials at the U.S. Department of Justice’s Antitrust Division have taken action to oppose bans on rebates in several states, New Jersey Association of Realtors officials contend that the offer of rebates can actually be harmful to consumers.
As of now, cash rebates by real estate brokers is against the law in NJ. But New Jersey is not the only state prohibiting cash rebates. There are 10 other states that do not allow real estate brokers to offer cash rebates to customers.
UPDATE: Click here for the “up to date” version of the “top 100 Real Estate Blogs”.
The idea to compile such a list was born a few months ago. Just as other similar top lists where appearing. After talking to Mark from 45n5- who is an outstanding programmer and internet marketer, a decision was made to bring the idea to fruition. Mark was in charge of programing the list, while my job was to find the blogs to be placed in the list- an easy job I should say for a former real estate agent.
So I present you today with GeerRealtors Top 100 Real Estate Blogs. It is a must bookmark page for many reasons. Not only will you be able to see who is who among real estate bloggers. You can also see the latest posts from the blogs featured on the list. If you are on the list this will give you an opportunity to see how your blog compares to your colleagues and/or competitors. Visit those blogs and see what are they doing that makes them more popular than yours.
If you visit the list, you will notice that there are actually more than 100 blogs.This means that you also can submit your blog, and then work your way to the top. If I have missed your blog feel free to submit your blog, and depending to the rankings elsewhere (Google Page Rank, Alexa Rankings, Technorati Rank) you may very well end up in the top 100. If not, you have some work to do.
The list will be updated once a week, so if you see N/A next to your blog, it means it was added after the last update. Just bookmark the Top 100 Real Estate Blogs and come to look at it one week from now. Finally I hope the list itself will bring you a visitor or two.
And now, without further ado, I present you with the first edition of Top 100 Real Estate Blogs:
Real Estate Blogs Top 100
* GeekReltors Rank
Most of the real estate agents in the United States work for a commission- which means they do not get paid unless a property is sold. This of course can translate in endless hours of showing properties to clients who are not serious in purchasing a house. The work that real estate agents perform, in other industries can translate into $100 per hour or more. How do you think real estate industry would look if there was some sort of “hourly fee agreement” for using your services? People have no problem paying their doctors, accountants, lawyers and other professionals hourly fee. Why is real estate different?
I personally think an hourly fee agreement would accomplish two very important things:
- It would change the attitude of clients. People tend to value more the services they pay for.
- It would filter out serious buyers or sellers from those who are “just shopping around”.
What do you think? Feel free to leave comments as well as participating in the poll:
[poll=5]
If you are not an real estate agent, you are welcomed to participate in the above poll as well. It would be great to know your feedback.
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GR Rank*
