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Zolve, a self-proclaimed “Facebook for Real Estate Professionals,” launches tomorrow. The network already has 2,000 per-registered members, and a pretty interesting birth story. Zolve was actually designed in a garage in Baghdad by an Army captain and brokerage owner during his free time over there. No kiddin’.
The site is basically a place for realtors to get referrals and connect with other real estate professionals to increase business opportunities. For $395 a year (for the first year), members can set up their own pages, complete with photos (of properties and of themselves, I assume) and plenty of blogging space. There’s also an application that allows clients to leave feedback, eBay-style.
“Zolve is the first network built by real estate professionals, for real estate professionals, to connect, make money and build their spheres of influence,” said Zolve founder Brian Wilson in a release. “Its impact could be utterly transformative to how real estate professionals do business online.”
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.