Press Release: ActiveRain Launches Nationwide Referral Exchange

By
Real Estate Technology with ActiveRain

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."

About ActiveRain

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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Media Contacts:

Greg Berardi, 415.239.7826, greg@bluemarlinpartners.com

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Ambassador
917,448
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
I saw this new feature when I logged on tonight before I read the post. I already go to my associates to send out referrals, before RE/MAX now. Why ? I feel like I know them and you do through their words. But, it sounds good to me, I'm sure there will be abuse, so I guess the moderators just got a new job description.
Jul 24, 2007 02:11 PM #65
Rainmaker
611,957
Sharon Simms
Coastal Properties Group International - Christie's International - Saint Petersburg, FL
St. Petersburg FL - CRS CIPS CLHMS RSPS
I saw the feature on Inman News before even logging in to Active Rain. Now that's publicity! Glad Matt is doing some of the tweaking Tony suggested. Glad especially that you're working on an e-mail notification system. Would be even nicer if we could give you a separate e-mail to send those to that's more actively read.
Jul 24, 2007 02:24 PM #66
Rainmaker
506,691
Tim Maitski
Atlanta Communities Real Estate Brokerage - Atlanta, GA
Truth, Excellence and a Good Deal
I just checked out some of the "referrals" some people are starting to post.  I don't think that they get the concept yet.  There are several agents saying that they are willing to receive referrals.  I think it's supposed to be a place where you give out a referral and agents apply for the specific job on a case by case basis.
Jul 24, 2007 02:26 PM #67
Rainmaker
336,793
Thesa Chambers
Fred Real Estate Group - Bend, OR
Principal Broker - Licensed in Oregon
I noticed this today and was so excited... thanks for the improved feature - life is good
Jul 24, 2007 02:27 PM #68
Rainmaker
210,683
William Collins
ERA Queen City Realty - Scotch Plains, NJ
Director of Property and Asset Management

Matt,

Thanks for the post. A formal platform will certainly help to facilitate referrals.

Jul 24, 2007 03:02 PM #69
Rainer
23,739
Galel Fajardo
Costa Mesa, CA
Call my cynical but this is a big mistake. It's already "cheapening" this site... It's unfortunate. 
Jul 24, 2007 03:39 PM #70
Rainer
77,539
Chuck Dellorto
Coldwell Banker - Licensed in INDIANA & ILLINOIS - Dyer, IN
"Talk To Chuck"

This is alot to digest. I am going to park for awhile and let the dust settle to see the correct way of using the referral program.

Thanks for the enhancement.

Jul 24, 2007 04:59 PM #71
Rainer
31,165
Sue Nelson, Broker/Associate Las Vegas Real Estate ~Team Rhino~
ERA Sunbelt Realty - Las Vegas, NV
I agree... I'm confused.... is it already being abused or is it intended for us to post a referral to or from a particular area? 
Jul 24, 2007 05:31 PM #72
Rainmaker
509,703
Ann Heitland
Retired from RE/MAX Peak Properties - Flagstaff, AZ
Retired from Flagstaff Real Estate Sales
Great! I'll have to check it out later. Right now, I've got a list of associates in various states that I would refer to.
Jul 24, 2007 05:44 PM #73
Ambassador
260,746
Fran Gatti Licensed in CA & OR
RE/MAX Integrity - Medford, OR
Managing Principal Broker - RE/MAX Integrity

Woo Hoo, I'm ready for this.  You continue to do a wonderful job and it is very much appreciated.

Thanks,

Fran

Jul 24, 2007 05:47 PM #74
Rainmaker
1,444,199
Donna Harris
Donna Homes, a PLR affiliate - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator
I don't like this concept because I would never post for a referral and then depend on someone to check a message board in hopes that someone would respond.  I'm one that will go out and locate the agent I have a fit with and would fit my referral client... posting a referral and waiting for a response is so passive.  I, personally, don't see it working well if you're looking for a prompt response from another agent who doesn't even know you're waiting to hear from them... we'll see.
Jul 25, 2007 07:00 AM #75
Rainer
13,820
marc mcgee
hotpads.com - Washington, DC
I invite you to read my blog about the new program at activerain "marc mcgee" - I think it's a positive innovation.  People who try to abuse systems are everywhere, but it's easy enough to filter them out as we move forward more efficiently.taruma
Jul 25, 2007 10:32 AM #76
Rainer
9,464
Adrian Alvarado
MGR Real Estate Inc. - Ontario, CA
Inland Empire Real Estate
Great addition to an already great site. ActiveRain continues to improve everyday and its great being a part of it. Thanks to everyone at AR for their great work and great ideas to make the site better
Jul 25, 2007 05:20 PM #77
Rainmaker
297,977
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor


Matt, Great Improvement!!, wish all the best for everybody and lets start working !!!!! :)

 

Jul 25, 2007 09:10 PM #78
Rainmaker
1,108,361
Jeff Turner
RealSatisfied - Santa Clarita, CA
Guess I'm going to have to become a Realtor® now. :)  
Jul 27, 2007 10:48 AM #79
Rainmaker
113,717
Chris Lengquist
Ad Astra Realty - Olathe, KS
Kansas City Real Estate Investing
I know you'll figure out the bumps in the road.  I wondered where this was all going.  Now I know.
Jul 30, 2007 11:49 AM #80
Rainer
25,376
Caroline Carrara
EWM/Christie's-Las Olas, Real Estate - Fort Lauderdale, FL
What a splendid addition....
Aug 03, 2007 05:29 AM #81
Rainmaker
348,714
Ruth Jacobs
Quantum One Realty - Palm Beach Gardens, FL
North Palm Beach, Real Estate Specialist, CDPE, SF
Love to see all the great, innovative ideas.  Glad to be associated with AR.
Aug 04, 2007 01:24 PM #82
Rainer
54,509
Art Blanchet
On the Outside Lookin' In - Sebastian, FL
Stranger in a Warm Land
Thanks for utilizing the network - I'll analyze this and see how it all fits...
Aug 09, 2007 02:06 AM #83
Rainmaker
585,236
Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

And all these years later its still working! I found this while Googling other referral companies! 

Oct 27, 2016 06:33 AM #84
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