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	<title>AgentsCompared.com Blog &#187; The Competition</title>
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		<title>Airing of Grievances &#8211; My Top Ten</title>
		<link>http://www.agentscompared.com/blog/07/08/2009/airing-of-grievances-my-top-ten/</link>
		<comments>http://www.agentscompared.com/blog/07/08/2009/airing-of-grievances-my-top-ten/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 12:12:23 +0000</pubDate>
		<dc:creator>Michael Erdman</dc:creator>
				<category><![CDATA[Me]]></category>
		<category><![CDATA[The Competition]]></category>

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		<description><![CDATA[As promised, and in no particular order, here is my non-exhaustive list of beefs with &#8220;Find an Agent&#8221; websites presently available to prospective U.S. home buyers and sellers (and real estate agents): 1. Alphabetical contact information. Where&#8217;s the value to &#8230; <a href="http://www.agentscompared.com/blog/07/08/2009/airing-of-grievances-my-top-ten/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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<p>As promised, and in no particular order, here is my non-exhaustive list of beefs with &#8220;Find an Agent&#8221; websites presently available to prospective U.S. home buyers and sellers (and real estate agents):  </p>
<p>1.  <strong>Alphabetical contact information.  </strong>Where&#8217;s the value to the consumer here?  Are we to conclude that agents with &#8220;A&#8221; surnames are superior to agents with &#8220;C&#8221; surnames?  These sites are nothing more than online phone books.  </p>
<p>2.  <strong>Restricted sites. </strong> Some sites limit membership to agents that have received an invite, are considered &#8220;top producers&#8221; or experienced, or work for a particular brokerage.  Other sites limit the number of agents that are displayed in a particular zip code or town.  Again, where&#8217;s the value to the consumer?  An agent that might be the best match for me may not even be permitted to promote himself or herself on the site, meaning I may never find him or her.  Insulating a select group of agents from competition does not help the consumer.</p>
<p>3.  <strong>Pocket pickers. </strong> We&#8217;re not opposed to agents paying for referrals or leads, but don&#8217;t both agents and consumers benefit when those costs are kept to a minimum?  AgentsCompared.com does not charge any referral, lead or territory fees, and has created a competitive marketplace for referral fee offers.    </p>
<p>4.  <strong>Featured placements in search results.</strong>  How can a site hold itself out as an objective place to research agents when it permits agents to jump to the head of search results pages by purchasing &#8220;featured&#8221; placement and/or advertising on the site?  AgentsCompared.com sticks to the issues, inviting agents to distinguish themselves on criteria most important to buyers and sellers (level of service, price, qualifications, etc.).  </p>
<p>5.  <strong>Sticking it to the consumer. </strong> To run searches and view results, some sites require consumers to pay a fee, register, provide personal information, or navigate multiple pages.  Who does this benefit?</p>
<p>6.  <strong>Hurry up and wait.</strong>  Buyers and sellers of course use the Internet in part because it&#8217;s a <em>quick way</em> to obtain lots of relevant information.  So why do some sites have consumers waiting around for an email that typically contains only generalized information about an agent?    </p>
<p>7.  <strong>Matching sites.  </strong> For an important decision like who is going to represent me in the purchase or sale of a home, I don&#8217;t want somebody I don&#8217;t know, or a computer, making the decision for me.  Instead I want easy access to all of the information I consider relevant so I can make the decision myself.    </p>
<p>8.  <strong>Purchased agent lists.</strong>  This is all too common place now.  Many sites simply purchase a list of licensed agents from the state real estate commission, or a vendor, and slap it online.  Often times agents have no idea their information is on the site, and can&#8217;t modify it without &#8220;claiming&#8221; their profile and/or paying a fee.  The information is often stale, useless, and can only be displayed alphabetically.  </p>
<p>9.  <strong>He said, she said. </strong> Perhaps I&#8217;m in the minority on this point, but I just don&#8217;t find sites that invite people to rate, rank and/or review agents to be very helpful.  Most agents aren&#8217;t reviewed, and most former clients don&#8217;t review their agents.  As for those that have been reviewed, there is no way to know who provided the feedback &#8211; a competitor?  prankster?  unreasonable former client?  the agent himself?  Why not instead insist on several recent references and actually follow-up on them?  </p>
<p>10.  <strong>Same old same old.</strong>  There isn&#8217;t a single &#8220;Find an Agent&#8221; website out there that sidesteps all of these flaws and zeroes in on what will help consumers make a more informed decision when choosing a real estate agent.  Until now.  </p>
<p>What have I missed?  Good or bad, I welcome your feedback.</p>
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