Introducing the ReferralAuction(TM)
Today, we’re expanding our patent-pending auction platform to include business referrals among Realtors®. The new product, ReferralAuction™, allows real estate brokers and agents to efficiently find and qualify out-of-town agents to handle their referrals.
As a Realtor®, you likely already swap referrals both on-line and off. However, when referring your client to an agent whom you’ve never met, two questions remain:
- Is the agent qualified to handle the referral?
- Will the agent pay my referral fee if a deal is done?
A ReferralAuction™ uses the AgentRank™ algorithm to ensure a referral is awarded to an agent who has a proven track record to make a sale.
Both the referral source and recipient have the opportunity to review the performance of each to discourage deceitful behavior.
Tags: auction, realestate, realtybaron, referrals