- Loopnet.com – Loopnet is probably the largest and most well-known commercial real estate listing site. They claim to have over 630,000 active commercial real estate listings on their website. It costs $24.95 a month for visitors to have access to all of the property listings. The free membership for visitors allows full search capability, however, only a limited number of results are shown.
- Realup.com – Realup is brand new to the market and officially launched on May 17, 2009. It appears that all of the memberships for both buyers and sellers are free. The website says that “our property listings are charged based on a pay-per-results pricing model, setting us apart from our competitors and providing the greatest value to our partners and clients.” So, they are basically charging for the traffic or leads that your listing generates. This sounds good in principle but from my experience the technology for these “pay for the lead” type of systems is usually too weak to determine what a valuable lead is.
- Costar.com – Costar offers the ability to search for all commercial property types. Basic listings are free for real estate professionals and property owners. It costs $24.95 a month for visitors to have access to all of the property listings. The free membership for visitors allows full search capability, however, only a limited number of results are shown. They offer information on “space available for lease, comparable sales information, tenant information, properties for sale, property information for clients’ web sites, industry professional directory, analytic information, data integration, property advertising and industry news–throughout the United States as well as in the United Kingdom and France.”
- Lead-Trac.com – Lead Trac is designed to give investors and commercial real estate professionals access to following data about commercial real estate: property data, owner data, phone numbers. They also offer direct mailing and marketing tools within the website. Pricing starts at $69/user/county/month. In addition to the monthly plans, they have an unlimited access plan that they sell on a per county basis. This plan ranges from $1500 to $3000 per county per year.
- CIMLS.com – What makes CIMLS different than many other similar sites is the fact that visitors can search listings for free while realtors and property owners can also post their listings for free. Realtors and property owners have the option to upgrade to a Gold account for added exposure. The Gold account costs $14.00 a month for the first month and $20.00 a month for every month thereafter.
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Article Author:
Ted KarschTed has written 60 articles for us.
Visit Ted's Website: http://www.apartmentbuildinginvestor.com
Joshua Dorkin
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Ted Karsch.
{ 6 comments… read them below or add one }
Hello Ted, very useful info for CRE agents! The company I work for, Property Line, Inc. offers competitive services including free (outside of Nevada) listing, searching, bulk uploads, etc., for all commercial brokers and investors. Not to toot our own horn, but give us a look-see sometime and let us know what you think. Thanks!
RealUp also offers free comps and free demographics. It is also free to post a listing, and everything on RealUp.com is completely free for the first three months. Come check us out!
Carol Martell’s last blog post: RealUp Partners With Divaris Real Estate to Promote Listings
Hey! Don’t forget about BuildingSearch.com. You will find thousands of commercial real estate listings for lease or sale that are not on the big boards. Free search and free listings post for all.
Loopnet and Costar are two of my favorites. I’m wholesaling investor getting into the commercial aspect. Listings are great, but the better deals will always remain unlisted. That is why it is important to always be building your contact network.
Bryan Ellis’s last blog post: Adjusting For Cost Of Living Differences After A Non-Local Move
I can’t believe Commercial IQ (http://www.commercialiq.com) isn’t listed here, as it’s probably the 3rd largest. Also worth checking out is rofo.com they handle mostly offices, mostly on the west coast.
great post….Im checking the sites now….!!