Going public with broker info

RealtorUnion.com is a new Web site that allows real estate agents and brokers to "freely and anonymously post, review and blog on specific broker's commission schedules, services and costs. As such it will allow agents to  quickly compare brokers, and brokers to freely advertise their services to agents," according to an announcement about the site.

The Web site is intended to help Realtors sort out which real estate brokerage company to work for. "Traditionally broker costs and services to agents have been time-consuming to gather, requiring an interview with the broker, or risking harmful rumors by asking an acquaintance in the business," a Web site description states.

"Here you will find all these broker services and costs at your fingertips, submitted by fellow agents confidentially."

It's not clear who created the site and there is no contact information provided at the site.

Registration to the site is free, and registered users can post information about brokerage companies such as commission splits with the broker, the minimum monthly broker fee and the required fee per transaction.

When an update or correction is submitted for a particular entry, "the Web site will display both entries until we  review and delete the incorrect entry. This review process can take up to seven business days. We look at the following items to make a determination which entry is the most credible: 1) date of postings, 2) source of information field selected, 3) thoroughness of completed fields, and 4) general credibility," the Web site states.

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