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Where is the Money for NAR to Rank Real Estate Agents?

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

I knew better than to stick my toes into the heated waters, but I really could not help myself. All of the discussion on various websites about agent ranking, well, it can rankle some of us for a variety of reasons, and being in the top percent has nothing to do with it. Sure, I rank high now and would benefit, but what happens if I decide not to work so hard anymore? Does that mean I'm worth less when I fall off the rankings? It's not fair to all of the membership of the trade association, NAR, which is backing the rankings. 

If a consumer wants to know how many homes an agent has sold, a consumer can ask how many homes did you sell last year? A consumer can always interview a real estate agent herself. There is more behind the story of NAR potentially exposing an agent's income and production to the public. Read more in my personal blog on my business website today about Should NAR Rank Real Estate Agents?

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(5)

Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Elizabeth, NAR certainly has opened a huge can of worms sort of speak.... I don't think it's fair for many who aren't ranking and producing especially those just starting out. I also agree with you if a consumer wants to know how many homes one sold they can just ask. Have a terrific evening and thanks for sharing your post.

Nov 13, 2013 10:39 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hey Bob: If clients are looking for an experienced agent, they can use the agent's BRE # in California and look it up online to how long the agent has been licensed. There are other ways to get information than for NAR to hand out production numbers.

This plan makes NAR look about as bad as say Thumbtack.com, and that's a site that lists the "best Sacramento real estate agents" that nobody has ever heard of, which means those agents pay to be listed. Who can trust any crap online with that kind of thing going on?

//

Nov 13, 2013 10:48 AM
James Dray
Fathom Realty - Bentonville, AR

There are some agents I know who just want about 1 deal a month or if they get to that number sooner they back off and take the rest of the year off.  They are good but want a limited budget.  How would NAR rate them?

Nov 13, 2013 06:51 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, think NAR needs to ask the membership what WE want for the dollars we pay them!    I know I would rank high also, but it is not fair to those who do a deal a month or a deal every 6 months.

Nov 13, 2013 11:34 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'm with Joan(#4) and those who think that since we pay the same fee to NAR, we all should be treated equally. If they want to give realtors who already have the most listings even more listings, I'd call it discrimination.

 

 

Nov 20, 2013 05:00 PM