This year's Nielsen survey, the largest of its kind, shows seven in every ten (70 percent) trust consumer opinions posted online.
It has been suggested that a neutral third party could create and control such a scheme for consumers if the real estate industry fails to adopt its own review program.
A consumer-generated REALTOR® review, rating and comment system would be a significant shift for the real estate industry to adopt, pointing a new direction.
I'm interested to hear your views on these questions:
- Do you believe the industry should control a rating/review program for REALTORS®?
- What criteria should be rated/reviewed? E.g. list - sale price ratio, expiries, days on market, etc.
- Is there anything specifically that you would be opposed to being rated or reviewed on? if so, Why?