ActiveRain's Membership Surges to 35,000 in First Year

World's Largest Social Networking Site For Real Estate Professionals Grows

Faster Than Wikipedia In Inaugural Year



11 Jul, 2007, 01:00 ET from ActiveRain

    SEATTLE, July 11 /PRNewswire/ -- ActiveRain, the world's largest social
 networking site for real estate professionals, marked its one-year
 anniversary today by surpassing 35,000 members and 120,000 posts, and
 projecting monthly double-digit growth over the next 12 months.
     "ActiveRain's phenomenal growth reflects the fact that the real estate
 profession is experiencing rapid, fundamental change," said ActiveRain CEO
 and co-founder Matt Heaton. "Because eight in 10 residential real estate
 transactions now start online, blogging and social networking today are as
 important as having a website or earning your Realtor designation in years
 past. ActiveRain is at the center of this movement because it is enabling
 agents to raise their visibility among buyers and sellers, and generate
 more leads and sales."
     In its first year, ActiveRain's reported the following milestones:
 
     -- Membership grew more than 17% every month.
     -- Members averaged 10,000 posts per month.  By comparison, Wikipedia had
        only 20,000 entries in its first year.
     -- Site visits jumped 500% in the past six months to 800,000.
     -- More than 13% of site visits exceeded 10 minutes, and 5% spent more
        than 30 minutes on the site.
     -- ActiveRain members are frequent site participants.  In the past three
        months, 6% visited the site more than 100 times.
     -- In June, ActiveRain was named as a finalist for The Inman News
        Innovator Award in the Most Innovative Media Site category.
     "ActiveRain has become the focal point for the online real estate
 community because its collective voice translates into greater productivity
 and knowledge for all members," said ActiveRain President and co-founder
 Jon Washburn. "The more posts generated at ActiveRain, the greater the
 likelihood that an agent's entry will be seen online by buyers and sellers,
 who can then evaluate that individual and their local market expertise.
 Powered by this Web 2.0 model, ActiveRain expects monthly double-digit
 growth over the next 12 months because our members are only becoming more
 active."
     About ActiveRain
     ActiveRain is the nation's largest social networking site for real
 estate professionals. More than 30,000 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.
 
 

SOURCE ActiveRain
    SEATTLE, July 11 /PRNewswire/ -- ActiveRain, the world's largest social
 networking site for real estate professionals, marked its one-year
 anniversary today by surpassing 35,000 members and 120,000 posts, and
 projecting monthly double-digit growth over the next 12 months.
     "ActiveRain's phenomenal growth reflects the fact that the real estate
 profession is experiencing rapid, fundamental change," said ActiveRain CEO
 and co-founder Matt Heaton. "Because eight in 10 residential real estate
 transactions now start online, blogging and social networking today are as
 important as having a website or earning your Realtor designation in years
 past. ActiveRain is at the center of this movement because it is enabling
 agents to raise their visibility among buyers and sellers, and generate
 more leads and sales."
     In its first year, ActiveRain's reported the following milestones:
 
     -- Membership grew more than 17% every month.
     -- Members averaged 10,000 posts per month.  By comparison, Wikipedia had
        only 20,000 entries in its first year.
     -- Site visits jumped 500% in the past six months to 800,000.
     -- More than 13% of site visits exceeded 10 minutes, and 5% spent more
        than 30 minutes on the site.
     -- ActiveRain members are frequent site participants.  In the past three
        months, 6% visited the site more than 100 times.
     -- In June, ActiveRain was named as a finalist for The Inman News
        Innovator Award in the Most Innovative Media Site category.
     "ActiveRain has become the focal point for the online real estate
 community because its collective voice translates into greater productivity
 and knowledge for all members," said ActiveRain President and co-founder
 Jon Washburn. "The more posts generated at ActiveRain, the greater the
 likelihood that an agent's entry will be seen online by buyers and sellers,
 who can then evaluate that individual and their local market expertise.
 Powered by this Web 2.0 model, ActiveRain expects monthly double-digit
 growth over the next 12 months because our members are only becoming more
 active."
     About ActiveRain
     ActiveRain is the nation's largest social networking site for real
 estate professionals. More than 30,000 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.
 
 SOURCE ActiveRain