However, many of the recommendations, ads and promotions about agents are either unreliable or inaccurate. For example, Zillow.com has 'all star' and 'local expert' designations that agents can earn. However, a quick look at a North Dallas zip code brings up mostly agents who haven't sold a home in that area in the past 5 years. The Trulia.com site ranks agents who are 'pro' members of their site ( ie. they pay a fee to be listed).
Any site that requires agents to advertise in order to be rated, isn't an accurate reflection of an area expert. Anyone can buy an ad saying they are an expert or claim "I'm the best" on these agent review sites. Now there is a new service call VerifiedAgent.com that says they offer an objective list of top agents that have been verified to be "honest, experienced and professional". In order to be designated as a "Verified Professional Agent," a real estate professional must:
- work full time in real estate,
- have a clean record of ethical behavior,
- have closed at least 24 sales in the past 3 years,
- have at least 10 past clients who would fully recommend the agent to friends and family,
- and have at least 3 competing agents from other companies who have completed a transaction with the agent and attest to that agent's professionalism.
As much as this new verification site sounds like a good idea to help folks choose a qualified agent, I don't think it will take off. A quick search for an agent with the last name of Smith or Jones turned up no one - in the entire United States. Since you won't find me on their site, just do what you should do before you hire any agent. Ask for my references and my track record. I'm happy to share it with any potential client. [where: 75230]