What is a 3rd party referral site, and why you would NOT want to do business with one of these companies?
There is a reason 3rd party referral sites do not put an outside link, to another site, for un-editable reviews. Because they are very bad. Everyone knows you cannot edit Google, BBB reviews and sites like these.
These are companies, that collect money (many times illegally), take most of your money then "Refer" you to a broker in your state. The main problem for you as a customer, you do not get to ask questions or interview the broker before you pay. many of these referral companies are not interested in finding the best broker to serve you, they are ONLY interested in finding the cheapest broker to maximize their profit!
They constantly search for different brokers that work cheap. In fact, they have an open bidding process to find the cheapest brokers and often the worst brokers to work with. These brokers, they refer you, often provide terrible customer service and because they work so cheap, will try to up-sell you on many vital services or steal your buyer leads.
How do you know you are dealing with one of these 3rd party referral sites?
You should always call a company before you list and research who your listing broker will be. When you call, simply ask, are you my listing broker or will you be referring me out to some other broker?
Here are a few known 3rd party referral sites, and there are many.
* Legitimate real estate companies are required by to put the listing broker on the real estate commission website, so it is easy to see. It is important, you know before paying, who your listing broker will be. It's the law!