Technology is the wave of the future, and resting on top of that wave is application software for smartphones like the iPhone. These free apps allow you to store and access real-time data anywhere, anyplace. This makes them ideal for use in the commercial real estate market, where agents are frequently away from their desks but not their phones.
That’s why two companies recently developed apps aimed at commercial agents. One is from a common name in the commercial market, the other specializes in augmented reality, but both can be vital sources of information when an agent’s on the go and has to shoot from the hip.
1. LoopNet Commercial Real Estate Search
You can easily search for properties on the market with the LoopNet app. You can use your current location if you want to see exactly where for-sale and for-lease properties are in your area, or you can run a custom search.
Once the search is complete a map will appear with different-colored markers, which pinpoint the locations of all available properties in that area that match your criteria. Clicking on a marker will bring up some of that property’s vital stats, such as price, property type and square footage.
One more tap will provide you with everything from the commission split to the price per square foot, tax ID/APN number and even the parking ratio. This intuitive screen also allows you to call the listing broker, map your route to the property via Google Maps or send the entry to a client.
The LoopNet app is available for all iPhone users.
Junaio uses augmented reality to display for-lease office/R&D and apartment units. While its design is not as intuitive as LoopNet’s, there’s something wonderfully convenient about aiming your phone down a block and seeing exactly where there are units to rent.
Once you tap on an available unit some basic information, such as the price, square footage, address, product type and when the listing was posted, will display. Those who want more information can click on “Open Web,” where they’re led to a browser containing the type of lease required, price per square foot, availability date and listing ID. Photos, a map and information on any other available units within that building will also display.
The Junaio app is available for Android users, as well as iPhone 3GS and iPhone 4 users.