LoopNet continues to grow it’s Commercial Listings database
Posted: June 19th, 2007
Category: real estate news
Many of my loyal readers already know how much I love LoopNet, but now the entire CCIM membership will get to enjoy the benefits of this great online database of commercial properties. As a local commercial broker in Cherokee County, the most frequently asked question I get from other agents is… ‘Why doesn’t commercial real estate have an MLS system like residential does?’ I say great question…my best guess is too many good ol’ boys resisting change, too many greedy brokers not embracing co-brokerage, and the logistical difficulties of aggregating so many different property types and details. However, LoopNet does the best job of offering quality tools at a fair price and are very close to emulating the residential MLS system. They are now growing to expand their coverage and my guess/hope is that win this niche in the market and overtake the competitors.
Today they moved one step closer by partnering with the elite corp of 8,600 CCIM commercial brokers. CCIM has run it’s own database listing system for years with various partners providing service. Now LoopNet powers CCIMnet.com and not a minute too soon. LoopNet has made a great move earlier this month by securing a minority equity position in Xceligent, thereby gaining all of Xceligent’s listings.
Take a look at my listings as presented by LoopNet.
Leave a Reply
Quick Search
Participate
- Atlanta real estate
- marietta real estate
- woodstock real estate
- holly springs real estate
- canton real estate
- ball ground real estate
- jasper real estate
- ellijay real estate
- alpharetta real estate
- roswell real estate
- waleska real estate
Great Post. I couldn’t agree more. LoopNet rocks!
Glad you agree. Some people still think Costar is the way to go and I just think LoopNet is killing them on user-friendliness and the Google juice is hard to beat.
We have always used LoopNet but we also boost our listing exposure by submitting our LoopNet urls to http://www.MyNextDeal.com which indexes the listings and drives lots of traffic to them. It’s a pretty cool service for increasing exposure.
I just discovered MyNextDeal.com a few days ago and was wondering what method brokers use to get their listings posted? Do you submit a feed or individual LoopNet URL’s?
if you are a loopnet premium member, your listings are on a dedicated url that looks like this:
http://www.loopnet.com/MyListings/john@realestate.com
where the email is the email you use for logging in to loopnet. so just submitting this url to mynextdeal is all you have to do.
for non-premium members, i think they need to submit listings one by one.
Thanks for the update on Loop.Net–It certainly has a lot of users in Southern Calif. I don’t know anything about MyNextDeal.com, but posters to any listing service should check out their terms carefully. Our California Association of Realtors has just published an article describing various real estate sites that may take licensing rights from your listing and actually allow another broker to claim it as their listing!
Julia:
I am just learning about MyNextDeal.com and if I get any confirmation on who can claim the listings, then I will let you know. Thanks for the heads up!