Realty Lifeline– agent-to-agent free referral network was announced today at PRWeb. Website is aimed at providing real estate agents to share the referrals. Any agent can submit and bid on referrals for free. However every referral will expire in 90 days. When submitting a bid no personally identifiable info of your seller or buyer is required. After another agent successfully accepts the bid, you finalize your bid with that agent:
What are Bids?
When a referring agent posts a Rerrral on our site, it is available for all other agents to view. If you would like to get that lead (or Referral), you must place a “Bid” on it. When you place a Bid on a Referral, the referring agent can review your profile and reviews from past Realty Lifeline transactions.How do I bid on Referrals?
You create a Bid by clicking on the Bid on this Referral button on the Referral Details page. The referring agent will review all of the Bids that he or she gets, then choose an agent that they want to work with. Who is selected is entirely dependent on the referring agent.What are Active Bids?
A Bid is active on a Referral unless you withdraw it, or unless the Referral expires.I’ve submitted my Bid… what’s next?
The Referring Agent will review Bids as they come in and make a decision on will get the Referral. When a Referral is awarded to you, you will see a message on the Home page and the Referral will appear under the Pending Transactions section.
This website indeed can become very popular among the real estate agents because it’s free and no third party is involved in the referral process.
So if the site is totally free, how does the site make any money? Its pretty bare at the moment, but I imagine it will fill up fairly quickly.
So if the site is totally free, how does the site make any money? Its pretty bare at the moment, but I imagine it will fill up fairly quickly.
It is difficult to to guess. I think site might have some start up capital. But when you think down to it, website like that does not cost that much. I think the idea behind it is more important. If they do it right, I am sure investors will be knocking on their doors.
It is difficult to to guess. I think site might have some start up capital. But when you think down to it, website like that does not cost that much. I think the idea behind it is more important. If they do it right, I am sure investors will be knocking on their doors.