For Immediate Release
ActiveRain Launches Nationwide Referral Exchange
Largest Social Networking Site For Real Estate Professionals
Creates Clearing House For National and Local Referrals
SEATTLE, July 24, 2007 - ActiveRain, the world's largest social networking site for real estate professionals, today unveiled the ActiveRain Referral Exchange, a national referral hub for ActiveRain members seeking to connect buyers and sellers to other real estate professionals outside their area.
The ActiveRain Referral Exchange, a part of the ActiveRain Real Estate Network, is a central online exchange designed to become the standard repository for referral exchanges for the real estate industry. The platform enables referring agents to communicate with other agents and review previous ActiveRain blogs to determine whether there is a good match. Any referral fees or compensation is arranged directly and confidentially between parties and is not reported to ActiveRain.
The ActiveRain Referral Exchange was designed as a stand-alone platform to enable registered ActiveRain members to connect and create profitable new business relationships. ActiveRain members include more than 35,000 real estate agents, mortgage lenders, appraisers, title company officers and other real estate professionals.
"The ActiveRain Referral Exchange is another great reason to start blogging at ActiveRain today and participate in a dynamic community helping real estate professionals generate more business, improve their business knowledge and get closer to clients," said ActiveRain CEO Matt Heaton. "With the launch of the ActiveRain Referral Exchange, frequent and articulate ActiveRain bloggers are further rewarded because referring agents can review that agent's style and local market expertise to find a referral partner."
At launch, participation in the AR Referral Exchange is free of charge. ActiveRain plans on charging a $20 monthly fee to participate in the Referral Exchange as adoption reached critical mass in certain metropolitan markets. For the remainder of 2007, that fee is being waived.
To visit the ActiveRain Referral Exchange, visit http://www.activerain.com
"The ActiveRain Referral Exchange is the next logical step in the evolution of ActiveRain and is an extension of the trust that exists among members of this community," Heaton said. "The ActiveRain Referral Exchange demonstrates the true power of Web 2.0 by making available a powerful platform that allows individuals to pursue their mutual interest on their own terms."
ActiveRain is the nation's largest social networking site for real estate professionals. More than 35,000 real estate agents, mortgage lenders, appraisers, title company officers and others in the real estate industry participate in the network to exchange ideas and generate leads. For more information, visit http://www.activerain.com/.
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Greg Berardi, 415.239.7826, firstname.lastname@example.org