No I'm not referring to every man's fantasy come true.

3-way linking is the subject I'd like to draw your kind attention to. I'm referring to gathering 60 agents of from one single franchise, dividing them into 3 groups of 20 for some non-reciprocal linking. Group A links to B, B to C and C to A.

My readings and discussions have uncovered some controversy over this matter. So I put it to you, Gurus of Google, Sultans of SEO, is three-way linking from extremely relevant sites (real estate site to real estate site & also within the same franchise) considered black or white hat?

Side note: I may be mistaken, but I believe I saw some links disappear from the bottom of Jim's site recently. Do you know something I don't, Jim?. Do share.