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Commercial Listings info

By
Real Estate Agent with Realty ONE Group CalBRE# 01245463

What have you found to be the best place to find and advertise your commercial listings/properties. The MLS is useless, but I have had some success with Loopnet. Does anyone here have any other suggestions or is Loopnet the best place to find and post listing info at?

Brian Brady
Matthews Capital Markets - Tampa, FL
858-699-4590

Loopnet is the standard today. 

CIMLS is a newer one 

 

Nov 29, 2006 06:41 PM
Keith Jeppson - Salt Lake City Real Estate
Everest Realty Group - Holladay, UT
loopnet is it for the Salt Lake market.  There is nothing in either the MLS or ccim.net.
Nov 29, 2006 07:03 PM
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH
I use Costar from time to time, but loopnet.com seems to have all the stuff that is on Costar
Nov 29, 2006 08:54 PM
Leigh Brown
Leigh Brown & Associates, RE/MAX Executive - Charlotte, NC
CEO, Dream Maker - Charlotte, NC
loopnet is the only decent option in Charlotte NC.
Nov 30, 2006 12:16 AM
Lawrence Yerkes
RE/MAX Preferred - Medford Township, NJ
Broker Associate, Southern New Jersey Real Estate Services

Patrick,

Here are resources for listing and finding available commercial properties:

* Local MLS - ours has a lot of smaller/lower priced commercial properties.

* LoopNet

* Area Commercial Information Exchanges  (See realtor.org for details) - our area does not have one.

* Agency and Franchise Web Sites

* Personal Web Sites

* CCIM.net - Catylist.com

* CoStar
 
I will be posting a blog article, going into more detail on these different options...

BTW, welcome to the Commercial Real Estate Group


UPDATE (2/11/07):   Here are a couple of review articles I've posted to date...

Commercial Search, Listing and Research Information Services Review: CoStar
Commercial Search, Listing and Research Information Services Review: LoopNet

Nov 30, 2006 01:18 PM
Patrick Sharples
Realty ONE Group - Anaheim, CA
Commercial ~ Investment ~ Leasing ~ Residential

Thank you for all of your input.

Brian - I signed up on CIMLS today. Thank you so much for the info!

Dec 01, 2006 05:17 PM
David A. Podgursky PA
THE PODGURSKY GROUP @ Re/Max Direct - Boynton Beach, FL
THE PODGURSKY GROUP - Make the Right Move!

Loopnet does work well for a lot of markets but maybe or maybe not in yours.  Ask around at some of the big firms.

You have to identify the niche spots as well.  MLS gets commercial properties that residential agents pick up.  A lot of the big name firms NAI, CB Richard Ellis, Colliers etc will not participate in the MLS so you're out of luck with them.

 I worked for a ReMax and a Prudential franchise.  We didn't do Loopnet... we had access to the MLS because we had to.  MLS is usually governed by the Board of Realtors.  If your office is a member, then all the associates HAVE to be.  So that helps part of your question.

What I did was create a CATALOG... it was easier if you got a couple people in your office together to make one.  In this day and age, just ask them if you can IDX them and if you get a buyer from it, rep them instead of giving it all to another agent :) ... We mailed the catalog out every week or every other week to all the big firms and agents we knew.  Usually if you do a full office catalog, you can get the company to pay for it.

now... my brother in law works for a Colliers.  He uses Costar ONLY.  He says the comp features are bettter - plus it is more exclusive to AGENTS because anyone can join and list on LoopNet.

Then there are specialty sites.  PropertyLine is one.  CCIM.net is for CCIMs only... ISOC has one, SIOR has one, ...

The other good thing to do is find the local Real Estate Exchange group - usually 99% agents who try not to market - they just expose to the captive audience and close properties in that group.  Go to 1-2 meetings until people know you and email your listings every week.

 

Feb 07, 2007 01:45 PM
David Abernathy
Waterfront Properties & Club Communities - Jupiter, FL
Palm Beach County Real Estate

We post on Loopnet and the MLS - almost all the commercial agents use loopnet and the MLS gives us access to the Residential agents that find a prospect :)

 

 

Feb 10, 2007 05:42 AM
David A. Podgursky PA
THE PODGURSKY GROUP @ Re/Max Direct - Boynton Beach, FL
THE PODGURSKY GROUP - Make the Right Move!

David,

I think it depends a lot on who you are and what market you are in.

You know that the residential companies that are members of the board - like RAPB Realtors Association of the Palm Beaches - have to have all their associates join the board as well.  So it would not make sense for them to join and not use MLS even if it is an extra fee. 

On the other hand, a lot of the BIG National firms do not use it.  Neither do some of the development/management firms. 

My brother in law in Ft Lauderdale uses CoStar - with Colliers

CB Richard Ellis isn't. Cushman Wakefield isn't.

Feb 10, 2007 02:18 PM