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Guide to the Best Commercial Real Estate Listings Platforms
A crucial part of your job as a commercial broker is ensuring your listings have the largest potential audience viewing them.
Simply put, the larger the audience, the more likely a potential buyer will make contact. Having worked hard to win the listing, you no doubt want to make sure your listings are on the best platforms possible.
This point is easier said than done. Every month there seems to be a new CRE listing platform, making the decision of where to list more difficult. It would be easy to say; “Why not have a presence on all the listing platforms?”. With only so many hours in a day, a broker’s ability to decide what platforms to devote time to is an important decision.
To help with your decision-making process, we’ve compiled this list of the major commercial real estate listing platforms. Not all of these commercial real estate listing sites are created equal. Make sure to do your research on what works best for your needs based on data offered, ease of use and cost.
If you are at the stage of looking for new properties to list rather than places to list, consider off-market tools like Reonomy.
Reonomy provides contact information beyond the LLC, including names, phone number, emails and mailing addresses. You can use this contact information to systematically contact your curated lead list and win new listings!
Reonomy can also help you skip listing platforms altogether by helping you find buyers. Search for recent sellers in your area that may have cash on hand, or explore the portfolio of recent buyers who may be looking for properties similar to your listings.
Here is a definitive guide to the top sites for finding, listing or marketing your commercial listing. But keep in mind, as with any tech, this list will be constantly changing. It’s important to keep up to date on CRE tech trends and get the best deal for your company.
Update: Commercial Search
Commercial Search is a Commercial Real Estate listing site spun off from Xceligent, including listings from the Xceligent research markets along with the content from hundreds of Associations, CIEs, and MLSs.
The site was competing with Loopnet, but due to Xceligent filing for Chapter 7 Protection has shut down. Updates to come on what can be expected from Commercial Search.
Total Commercial
LoopNet
Free membership allows you to add your listing, but for access to their other services including email campaigns, custom websites, and video tour inclusion, there is a Premium option that starts at $69.96/month. There are other additions such as the Pro Tools package as well.
CityFeet
Plans are available monthly or quarterly, with the Standard plan starting at $99/month and the Platinum plan which includes access to their partner network and top search placement, starting at $316.65/month.
Craigslist
CREXi
Commercial MLS
Commercial Cafe
Catylist
Brevitas
OfficeSpace.com
Real Massive
Rofo
The Square Foot
Search Office Space
Showcase
Owned by CoStar Group, has a US site and a UK site, which you can switch between on the homepage. The search engine allows you to search commercial real estate by asset type with options to buy or lease.
CIMLS
Instant Offices
Land and Farm
Leavitt Digital
In other words, it allows you to list your properties in one location and have it distributed through a long tail of local listing platforms.
42 Floors
It is free for CRE professionals to add their listings to the site, with the option of added features and exposure through their Elite Property upgrade.
Truss
Truss is free to sign up and find a space, and they also offer a 3D virtual tour tool, allowing individuals to check out spaces of interest at any time.
OffMarket
It provides buyers access to “off market” commercial properties, reducing competition and eliminating middlemen associated costs while simultaneously offering sellers maximum exposure and direct access to credible, pre screened, eager investors.
BizBuySell
The site also includes features such as broker matching and financial assistance for potential investors. The basic ad product for sellers costs $49.95 for 6 months while their showcase ad product costs $69.95 for 6 months.
PropertySend
This CRE marketplace platform allows brokers, buyers and owners to both list and advertise their properties live on the platform with a free to search feature for site viewers — increasing a listings’ reach. The platform covers a wide selection of commercial spaces such as office, sports & entertainment, industrial and retail.
Which Platform Should You Choose?
Whatever your needs, there is likely a commercial real estate listing service or search engine available to meet them. This list provides the necessary information needed to choose the sites that best fit your needs and budget — especially for those looking for alternatives to CoStar or Xceligent.
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