Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Entries Tagged as 'Localism'

Localism: Still a Wasteland | KOMO: We Want Some of that Action

By The Tim on August 20th, 2009 at 8:10 AM · 19 Comments

A little over a year ago ActiveRain (basically a social network for real estate professionals) launched
Localism, an attempt at leveraging their nationwide network of real estate salespeople to generate content for thousands of “hyperlocal” city and neighborhood portals, presumably in order to create an attractive platform on which small businesses would spend their advertising dollars. Our review of Localism’s Seattle-area offerings concluded that the site amounted to little more than sales pitches from “hyperlocal” agents.

Checking in on Localism a year later reveals that not much has changed. The four local pages we reviewed are nearly as empty as they were, with none of the so-called “hyperlocal” blogs even managing to average more than about two posts per month. The contributors are all still all real estate salespeople, and the registration page still says “we’re not taking new accounts right now.”

With the rousing success of Localism in their first year, it’s no wonder that other corporations would be dying to jump onto the “let’s create a bunch of ‘hyperlocal’ blogs on templates” bandwagon—wait, what? No, that doesn’t make any sense. And yet, that’s exactly what KOMO News decided to do this week, launching their very own “community” pages.

KOMO’s new pages are definitely a few steps above the bland failure that is Localism. From day one they are allowing and encouraging people to register and contribute. The layout is more inviting and looks like it has more going on. Plus, at least as at the corporate level KOMO is local to the “hyperlocal” markets they are attempting to attract.

I do notice that advertising takes up quite a bit of “above the fold” space, and their right sidebar has a dedicated section for “Local Real Estate Agents,” so it is fairly obvious what KOMO’s motivation is here. I certainly don’t begrudge them the chance to try to make money, but I still don’t see what they’re offering that local blogs are not.

Just like Localism, many of the communities with shiny new KOMO pages already have popular, well-established blogs, run by dedicated locals. KOMO says they’re not attempting to compete with these sites, but in reality I doubt there are really two separate markets in the neighborhood blogging scene—one for authentic, community-driven blogs, and another for template-ized, corporate profit vehicles.

[Update: See an (official?) response from KOMO below, describing their perspective.]

→ 19 CommentsCategories: Features
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Localism – Hyper Local Real Estate Sales Pitches

By The Tim on July 9th, 2008 at 8:25 AM · 26 Comments

ActiveRain, a site that describes itself as “a free online community for real estate professionals designed to help them promote and grow their business,” has launched a new site called Localism. Localism describes itself as the “world’s most complete neighborpedia,” and the front page invites users to “Go Hyper Local!”

It is the latest entrant into what seems to be an already over-served online market. For people that want so-called “hyper local” content, there are already a ton of choices out there including sites like Yelp, StreetAdvisor, and outside.in. Also, because it’s so trivially simple to set up a free blog, many neighborhoods have dedicated blogs that are just a simple Google search away.

John Cook put out a pair of stories about Localism today, one on the P-I and one on his P-I blog. Here’s a brief excerpt:

Of course, since real estate professionals are doing most of the writing there will also be a fair share of stories about buying and selling homes.

Initially, the site — segmented into various communities by state, county, city and neighborhood — will be authored by some of the 90,000 real estate professionals on ActiveRain. But over time, ActiveRain founder Jonathan Washburn said it plans to open the platform to everyone. He also envisions people creating new online communities around schools, subdivisions or churches.

Since John Cook covered the basics of Localism’s press release in his stories, I thought I’d take a different approach. Let’s compare Localism to what I think is their toughest competition: local blogs. For this contest, I picked three (update: four) Seattle-area neighborhoods: two three are currently served by local blogs, and one is not. Let’s see how Localism compares…

[Read more →]

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