Google have made it firm and clear that anyone that sells text link for the sake of manipulating search result will be penalize by having their PageRank (PR) deducted. Most of the bloggers who sold text link have their PR dropped by 2. Although there is some who faced much higher penalty on their PR.
I have blogged about ways that you may save your PR and it did work for me. My Malaysia Property website dropped to a low PR 2 for selling text links. At the start of this month, after my payment (of course ), I request for cancellation from text link ads and request reconsideration through Google Webmasters Tools.
The process was pretty simple. All I have done is deleted TLA and request that my account be closed (by contacting them, don’t know what there is no better way to like delete account). Then login to my Google Webmasters Tools and requst reconsideration. The next day, I got this
November 2, 2007
We’ve received a request from a site owner to reconsider the following site for inclusion in our index: http://www.syiok.com/
We’ll review the site. If we find that it’s no longer in violation of our Webmaster Guidelines, we’ll reinclude the site in our index. Please allow several weeks for the reconsideration request. We do review all requests, but unfortunately we can’t reply individually to each request.
As of today, a week after submission, I got back my PageRank of 3 from PageRank 2. It is not a big jump, but it shows that it worked. Which may be important for some people.