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Hyperlocal lifestyle real estate search is finally here- SpatialMatch

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Walkability? Where are you walking to?

diningLiving in a city like Austin, for example, you know something like this has to be coming because the demand for lifestyles is ultra high. Since the erection of the first high rise condo development in downtown Austin, walkability has become a really big deal- most areas in and around Austin rank highly in this factor, but what are people walking to?

Showing you all of the “home sweet home spots”

SpatialMatch answers that question before you buy or lease by allowing you to see everything of personal interest within close proximity so that you can target exactly what makes you feel at home, and you are shown the available homes within your designated areas.

Amazing UI plus data equals SpatialMatch

SpatialMatch is truly a beautiful interface (see video), well laid out (customizable), stimulating, and jam packed with information like home values, all of which are whitelabled for MLSs, Brokers, and even Agent IDX. We expect to see it becoming very common place in tandem with traditional search, as demand in modern urban areas is high for this type of product. Suburban areas will also benefit as schools, stores and even parks are searchable. SpatialMatch features 60 million properties, 12.5 million businesses, 134k schools and universities, local information and amenities, and even weather.

Summary?

I can see this type of search being blended with ratings from sites like Yelp, or geo location utilities to learn “who’s around” details like Gowalla, being used to gain your social user names to check where your friends are and learning what your friends think of these same locations and seeing if any of your friends have checked in at the same homes or businesses you’re looking at- the verticals are limitless utilizing geo and social tech to expand this into the super-personal realm also giving agents a contact point who they friend in social spaces- “friend”- a new word and spaces for contact forms within search that has hardly been explored or utilized.

The thing I like about SpatialMatch is that it’s not designed nor will it compete with Agents or Brokers, in fact, it’s an enhancement designed for Agents and Brokers to fully display area knowledge and resources that move the buyer forward while providing listing agents another layer of value to listing consumers looking for new and exciting ways to bring home buyers to the table.

Making real estate search more personal is the next logical step in search evolution, and connecting personally via tools like SpatialMatch will fuel the demand for more development in how we display and visualize data. I cannot imagine that Zillow or Trulia are far behind in the geo trend but this is the first time in a long time I’ve seen the traditional space actually move in front in the race for eyeballs, I guess the question now is, where is Realtor.com (Move) in the race?

AgentGenius.com is not affiliated with SpatialMatch.

Benn Rosales is the Founder and CEO of The American Genius (AG), national news network for tech and entrepreneurs, proudly celebrating 10 years in publishing, recently ranked as the #5 startup in Austin. Before founding AG, he founded one of the first digital media strategy firms in the nation and also acquired several other firms. His resume prior includes roles at Apple and Kroger Foods, specializing in marketing, communications, and technology integration. He is a recipient of the Statesman Texas Social Media Award and is an Inman Innovator Award winner. He has consulted for numerous startups (both early- and late-stage), has built partnerships and bridges between tech recruiters and the best tech talent in the industry, and is well known for organizing the digital community through popular monthly networking events. Benn does not venture into the spotlight often, rather believes his biggest accomplishments are the talent he recruits, develops, and gives all credit to those he's empowered.

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15 Comments

15 Comments

  1. Grant Gould

    April 11, 2010 at 1:49 am

    @billlublin Bill – How have you been? About to launch SpatialMatch and would like to circle back w/ U. Check out post https://cot.ag/aM2Tqm

  2. Grant Gould

    April 11, 2010 at 3:35 am

    @darthcheeta My favorite topic. We have built the ultimate data visualization tool. https://cot.ag/aM2Tqm is a good post about SpatialMatch.

  3. SproutStart

    April 14, 2010 at 9:37 pm

    @agentgenius Hyperlocal lifestyle real estate search is finally here- SpatialMatch https://bit.ly/azzqVM

  4. Melissa Pedersen

    April 15, 2010 at 12:59 am

    RT @SproutStart: @agentgenius Hyperlocal lifestyle real estate search is finally here- SpatialMatch https://bit.ly/azzqVM

  5. Jim Qualls

    April 15, 2010 at 5:00 am

    RT @SproutStart: @agentgenius Hyperlocal lifestyle real estate search is finally here- SpatialMatch https://bit.ly/azzqVM

  6. Matthew Shadbolt

    April 16, 2010 at 4:49 pm

    Reading: 'Hyperlocal lifestyle real estate search is finally here- SpatialMatch' https://bit.ly/cd3t7h

  7. fundament

    April 16, 2010 at 6:37 pm

    RT @Corcoran_Group: Reading: 'Hyperlocal lifestyle real estate search is finally here- SpatialMatch' https://bit.ly/cd3t7h

  8. Genevieve

    July 9, 2010 at 10:16 am

    Do you ever walkscore??? We use walkscore.com in all of our listings as well as a tool on our website to let our client base know what they can hop, skip and jump to. Sounds like SpatialMatch is very similar. We’ll have to check it out!

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Social Media

Facebook’s Résumé takes another shot at LinkedIn

(SOCIAL MEDIA) Facebook took another swipe at LinkedIn by introducing a new Résumé feature.

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resume On This Day load bob alice terrorism trends fine spam facebook advertising jobs earnings

Any job hunter is likely familiar with the little section somewhere during the application process where you’re asked to enter in social media information. Thankfully, Facebook is usually an optional field.

While I try to keep what the public can see of my social media profiles toned down enough as to not cause my grandmother to blush, I’m still not quite comfortable sharing my profile with prospective employers.

I’m sure many out there feel the same, and Facebook knows this.

Tinfoil hat theories aside, LinkedIn may be shaking in their boots as Facebook begins to advance their growth in the professional sector in their pursuit of social media domination.

Facebook has begun experimenting with a new Résumé/CV feature that works as an extension of your standard “Work and Education” section on a Facebook profile page, allowing users to share work experience in more detail with friends and family but most importantly: potential employers.

Luckily, the new Résumé/CV feature won’t be sharing personal photos or status updates, but will rather combine all the relevant information into a single, professional-looking package.

So far this feature appears to be rolled out to a small number of users, and it’s unclear when it will be officially launched, but this isn’t the first time Facebook has dipped their toes in the waters of the job sector, or took a jab at LinkedIn.

Several months ago, Jobs was launched, a feature that allows Business Pages to post job openings through the status composer, and keep track of them on their Page’s Jobs tab.

A Facebook spokesperson commented on the intent behind the new Résumé/CV feature, “At Facebook, we’re always building and testing new products and services.

We’re currently testing a work histories feature to continue to help people find and businesses hire for jobs on Facebook,” and so this is just the beginning of Facebook’s plan to become a one-stop-shop and create a more seamless way for people to find and get jobs.

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Tag photos, connect with friends, order food?

(SOCIAL MEDIA) Facebook seems to be sprawling into every nook and cranny of life and now, they’re infiltrating food delivery.

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food delivery facebook

Facebook is now bringing you food! Although, no one was really asking them to.

In the age of Instagram and Snapchat, Facebook is attempting to transform into more than just a social media platform. They have partnered up with food delivery services to help users order food directly from their site.

They hope to streamline the process by giving users a chance to research, get recommendations and order food without ever leaving the site.

Facebook has partnered with their existing delivery services including EatStreet, Delivery.com, DoorDash, ChowNow and Olo in addition to restaurants to fast track the process.

The scenario they imagine is that while scrolling through the newsfeed, users would feel an urge to eat and look to Facebook for their options.

After chatting up friends via Facebook Messenger to ask for the best place to go, users would visit the restaurant’s page directly, explore their menu and decide to order. When ordering, you will have the option to use one of the partnered delivery services either with an existing account or by creating a new one.

The benefit is you stay on one site the entire time. With the time you save, the food can get to you faster, which is a plus for everyone.

Assuming that people already live on Facebook 24/7, this seems like a great update. If you like getting recommendations from your favorite social media resources, it’s even better.

The problem is that in recent years their younger audiences have dropped off in favor of other sites. Regardless of what they think, not everyone is flocking to Facebook for their every need.

My guess is that this service will benefit those already using Facebook, but is less likely to draw new audiences in.

Adding more services may not be the key to success if Facebook can’t refine their other features. They have already been criticized for their ad reporting practices, though they seem to fix everything with a new algorithm.

Facebook has continued to stray away from their original intent, and food delivery won’t be their last update.

Facebook wants to be everything, but not everyone may want the same.

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Hate Facebook’s mid-roll ads? So does everyone else

(SOCIAL MEDIA) Those pesky ads that pop up in the middle of that Facebook video, aka mid-roll, seem to be grinding everyone’s gears.

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mid-roll

In an ongoing effort to monetize content, Facebook recently introduced “mid-roll” ads into videos by certain publishers, and it has now been testing that format for six months. If you aren’t a big fan of those ads interrupting your content consumption experience, you aren’t alone; publishers aren’t crazy about them either.

In a report on the program, five publishers working with Facebook’s new mid-roll ad program were sourced and all five publishers found that the program wasn’t generating the expected revenue.

One program partner made as little as $500 dollars with mid-roll ads while generating tens of millions of views on their content.

Two other partners wouldn’t specify exact revenue number, but they did acknowledge that the ad performance is below expectations. As far as cost goes, certain publishers mentioned CPMs between 15 cents and 75 cents.

That range is large because a lot of the data isn’t clear enough to evaluate their return on investment. According to the Digiday report, publishers receive data on total revenue, along with raw data on things like the number of videos that served an ad to viewers.

The lack of certain data points, along with the confusing structure of the data, makes it difficult to assess the number of monetized views and the revenue by video. For context, YouTube, as arguably the biggest player in video monetization, provides all these metrics.

Another issue is that licensing deals are cutting into margins. Facebook pays publishers, via a licensing fee, to produce and publish a certain number of videos each month. In exchange, Facebook keeps all money until it recoups the fee, after which revenue is split 55/45 between the publisher and Facebook.

While these challenges doesn’t change the fact that revenue is low, it does make it difficult to dissect costs in a meaningful way.

Why is revenue so low to begin with?

For starters, a newsfeed with enough content to feed an infinite scroll probably isn’t the best format for these kinds of ads. As a user, when I’m watching the videos and the ad interrupts the experience, I’ve always scrolled right on through to the next item on my feed. It’s a sentiment echoed by one of the publishers in the Digiday story.

Because of that, Facebook’s new Watch program, which creates a content exclusivity not found on the news feed, might produce better results in the future. Either way, Facebook will need to solve this revenue challenge for publishers, or they might pull out of the programs altogether.

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