Do not allow syndication of agent statistics
This petition had 642 supporters
Trulia, Zillow and now REALTOR.com are moving toward models where they provide agent production statistics on public web sites. REALTOR.com is even considering an "Agent Match" program to suggest agents to the consumer. We, the REALTORS that NAR is supposed to represent, feel this is wrong... very wrong.
Because real estate agents have so many different business models, these statistics can be misleading. Most importantly, consumers should not be told "how" to choose their real estate agent.
Models such as this restrict trade, as it will steer more and more business toward only the top agents in any geographical location.
This strongly favors the team model where one agent takes "credit" in the MLS for all the sales of the many agents that work on their team even if they are uninvolved in the transaction. By contrast, a single agent can not possibly produce the same volume of transactions.
Many agents pride themselves on working based on referral and relationship, which means we're not always working in the same zip codes; but the REALTOR.com model will be providing statistics based on a geographic area.
The highest volume agents often list homes for builders, even if they are not involved in the actual transactions. This makes them more of a limited service agent serving in an administrative/marketing role, it does not make them a great "regular" full service agent for people looking to sell their home. Frequently those agents working for builders won't even be permitted to work the types of leads provided by these web sites.
These models make it nearly impossible for agents who are new, relocating or who have taken time off for health or family reasons and who's recent stats are "down".
We understand some sites are also considering providing statistics based on sales price compared to listing price... this can also be misleading since some properties are intentionally priced high or low based on the owner's priorities. The pricing is not the decision of the agent, so agents should not be judged based on this. Presentation also plays a key role... the property can be priced right and the owner may refuse to allow appopriate presentation. Again, this is not within the control of the agent.
Some business models have agents working specific niches... golf communities, equestrian properties, "green" homes, farms, land, etc. All of these things can throw off geographical, "days on market", price and other such statistics, and paint a picture that is very different from reality.
Dear National Association of REALTORS~ Your job is to represent us. We don't want this. You have ownership in Move. We expect you to put a stop to this.
Let the consumers decide how they wish to choose an agent, what their priorities are. There is no one "right" answer for anyone, which is why so many of us have different business models, and are still successful. We would like to run our businesses, without you working against us.
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