RPR for Commercial

[Podcast] The $650 Billion Problem in Commercial Real Estate with David Bitner
Residential real estate isn't the only industry getting beat up in the headlines. Commercial real estate is getting their fair share of press. That's why James and Keith of the Real Estate Insiders Unfiltered podcast brought in commercial real estate expert David Bitner, the Executive Managing Director and Global Head of Research for Newmark. David has decades of experience in the CRE realm and shares his insights on the potential $650 billion problem looming in the sector. Also, learn about the latest trends, potential challenges, and opportunities in the rapidly growing market — and why data needs to continue playing a crucial role in decision making. Listen to this podcast on: Apple Spotify YouTube Other Visit the episode homepage for show notes and more

How RPR Commercial Provides Value for REALTORS
There's a lot of talk right now about "value" as it pertains to the business of real estate. As in, what value do REALTORS® bring to the table? For REALTORS® navigating the complex landscape of commercial and land transactions, having a centralized database that seamlessly integrates all these aspects is invaluable. Enter RPR, your Realtors Property Resource. RPR is a game-changing platform that combines ease of use with unparalleled access to a wealth of data, and all at no extra cost to users, because it's included in your National Association of REALTOR® member dues. RPR: Your go-to, commercial real estate hub One of the standout features of RPR is its inclusivity, offering a single destination for REALTORS® to access commercial and land data all in one place across the U.S. Gone are the days of toggling between multiple platforms or databases to gather information relevant to a transaction. With RPR, REALTORS® have access to a streamlined application that pulls in a collection of heavy-hitting partners, to improve and maximize the user experience to its fullest. In this article, we'll examine three key, value-packed features of RPR Commercial that can help commercial practitioners. Because providing them with access to accurate and comprehensive data, can make all the difference between success and missed opportunities. We'll look at RPR Commercial as a whole, but put a spotlight on Site Selection, Trade Area data and the comprehensive list of RPR's commercial data partners. RPR Commercial Site Selection You can really set yourself apart from other commercial agents by utilizing the analytic tools that RPR Commercial provides. When you're able to sit down and show clients how much spending potential is in one particular area over another, or calculate ROI based on discretionary income and key demographic indicators, you're bringing much more than a "hunch" to the table. You're bringing data and analytical insight into the equation and it will impress your clients to no end. RPR's Commercial Site Selection tool is the perfect option when the question is, "Where are the right people for a business?" This RPR feature gives commercial real estate practitioners an edge when it comes to finding ideal areas for professional or retail business sites. Here's a summary of what it can do for you: Select specific attributes from broad data categories such as economic, demographic, spending, tapestry and more. With these attributes selected, a user can search a large geography such as a county, and identify where these conditions exist in smaller geographies such as ZIP codes or neighborhoods. This drilling down allows a user to search for properties only in these geographies with their desired attributes, ensuring that the core drivers of a client's business are in the area, which is a time saver from looking through properties that aren't. Seeing these steps unfolded visually is highly recommended. Just watch this step-by-step video walkthrough. It will take what might seem like a complicated process and break it down and simplify it for you. Trade Area data and reports You've surely heard the saying: "location, location, location." Well, it certainly applies to commercial real estate when finding a location that will support a client's business. Learn where customers are, and gain insight into their mindsets with RPR's Trade Area details and consumer segmentation data from RPR (via Esri). Create customized, easy-to-understand reports that offer deep insights into the people, their lifestyles and behaviors in neighborhoods across the country. A Trade Area Report from RPR goes beyond area demographics — it goes into the psychographics (how consumers think), which is even more crucial to determining a given area's spending potential. RPR's Trade Area data provides users with the community details that help set a property apart when marketing to potential buyers and tenants, or to ensure that an owner occupier or investor is choosing an area with a community that will support their business or investment. Watch this video on RPR Trade Areas for a step-by-step run through the process: Commercial listing and data partners that add tons of value RPR's strength is further amplified through partnerships with Commercial Information Exchanges (CIEs), and National Commercial Listing feeds, including: Brevitas Crexi Catylist/Moody's Land Broker Coop TotalCommercial.com OfficeSpace.com As well as a handful of critical data partners that add uber-efficient access to demographic, tenant, traffic counts, POI (Points of Interest) data and commercial comps. CompStak (for access to commercial property comparables) Esri Precisely SMR Research These partnerships expand the reach of RPR's database, ensuring that REALTORS® have access to the most up-to-date and comprehensive data available in the market. Whether searching for commercial listings, researching properties or land parcels, REALTORS® can trust that RPR provides the most accurate and reliable information available thanks to the commitment and collaboration with valued partners. RPR: a high value, no-cost way to make informed decisions Ease of use is another key benefit of RPR Commercial. The platform is designed with REALTORS® in mind, offering intuitive tools and user-friendly interfaces that make navigating complex data sets a breeze. Whether researching property values, analyzing market trends, or generating reports for clients, REALTORS® can rely on RPR's easy-to-use tech to get the job done efficiently and effectively. But perhaps the most compelling aspect of RPR is its cost — or rather, lack thereof. Unlike other data platforms that come with hefty subscription fees or usage charges, RPR is available to commercial users at no additional cost. This means that REALTORS® can access a wealth of valuable data without worrying about breaking the bank. In an industry where time is money and data is king, RPR is the ultimate tool for commercial specialists who are looking to unlock their full potential. To view the original article, visit the RPR

RPR's Data Partners: Your Secret Weapon in Commercial Real Estate
RPR (Realtors Property Resource) offers commercial real estate practitioners a wealth of listing and property data, plus access to an array of analytical and ROI-focused tools. With over 800K listings, 57 million off-market property records, site selection tools, consumer demographic research, trade area data, traffic counts, POIs (points of interest) and more, RPR Commercial is basically a one-stop-shop for all things CRE. However, one question we hear over and over is: where does RPR get all of this commercial data and information? As an aggregator of data and resources, RPR is the ultimate commercial hub for REALTORS® to conduct commercial real estate business. In this article, we'll present our impressive list of commercial partners by what category they fall under and how our partnership can help you in your daily commercial duties. RPR Commercial partnerships can help power your business RPR has collabs, partnerships and affiliations with some of the biggest names in commercial real estate. Here's a list, by category: For Sale/For Lease Data Partners Brevitas: Brevitas is a national commercial listing platform that is integrated into RPR. Their real estate marketplace provides REALTORS® a turn-key marketing solution and an instant competitive edge by offering a robust collection of property search and marketing tools. CREXi: CREXi offers a database of commercial listings, including more than 48 million property records. It also provides RPR with daily updated data, which helps commercial real estate professionals quickly manage deals and close them faster. TotalCommercial: TotalCommercial.com has been providing commercial real estate listing information online since 1995. TotalCommercial.com shares its listing information through RPR to offer REALTORS® more listings and more property research resources. Land Broker MLS: LandBrokerMLS.com was formed in 2018 by real estate brokers and agents to assist rural real estate professionals in their ability to view land listings. LandBrokerMLS contributes listing data to RPR's commercial platform. Biproxi: Biproxi's new public marketplace is called Officespace.com and it provides powerful listing capabilities for "for sale" and "for lease" properties. Biproxi's Officespace.com provides listing information for RPR's commercial real estate users. Catylist: Moody's Analytics Catylist offers a commercial property listing and marketing solution to numerous REALTOR® associations and CIEs (Commercial Information Exchanges). It helps RPR receive licensed commercial listing content from many markets across the country. CompStak: CompStak is a nationwide crowdsourced commercial comp database that offers RPR users to receive 500 free credits to search and share commercial comparables. Get started by clicking on the CompStak logo in the Additional Resources section of any RPR commercial property page. Officespace.com: See BiProxi above. ICSC: ICSC, The International Council of Shopping Centers, has a special agreement with RPR to offer retail and commercial real estate data, which contributes significant insight relevant to the shopping center industry and broader commercial sectors. Off-Market Properties Black Knight: Black Knight is the backbone of RPR property data. It provides RPR users with quick access to public records including tax details, zoning, ownership information down to the corporate level, and much more, including Assessment and Recorder datasets. Site Selection Data Esri: Esri is RPR's main source of consumer data. It supplies RPR with economic, demographic, and spending data, as well as tapestry segment profiles. This particular data fuels RPR analytical tools such as Trade Area Reports and Site Selection Analysis. Financial Analysis Valuate: Valuate® is a web-based financial analysis and marketing tool for the purchase and sale of commercial and residential investment properties. From RPR, users can easily access the platform to perform real-time, interactive ROI analyses in a collaborative work environment. Traffic Counts Kalibrate: Kalibrate powers the traffic counts found on RPR's commercial maps. They provide this data quarterly from various sources, including governments, transportation departments, and Kalibrate's own field verifications. Tenant Data SMR Research: SMR works with RPR to provide a proprietary database of 25 million U.S. companies, schools, and other institutions for commercial property insights, and the data is updated quarterly. ClimateRisk Assessment and Mitigation Climate Check: ClimateCheck®, available in the RPR "Additional Resources" section, offers an assessment of a property's climate risk. It will rate a property's future risk of climate change-related hazards and assign a rating from 1 to 100, with 100 representing the highest risk. Risk Factor: Also available in the RPR "Additional Resources," Risk Factor provides climate and environmental risk data for real estate properties, helping REALTORS® understand and communicate potential risks related to climate change. Existing Businesses (POIs – Points of Interest) Data Axle: Known for its robust business databases, Data Axle provides detailed company profiles and other commercial real estate-related data to enhance the commercial offerings on RPR. Esri: Supplies RPR with economic, demographic, and spending data, as well as tapestry segment profiles. RPR: Commercial listings, data and tools–all under one roof As you can see, RPR brings a vast amount of commercial resources and data and puts them all in one place so you can search listings, conduct research and tap into resources that help your clients make data-backed decisions. And if you're a REALTOR®, there's no extra charge to use as part of your membership in The National Association of REALTORS®. However, if our impressive list of commercial partnerships doesn't convince you, listen to what Dave Ferro, Managing Broker and Vice President of Watson Realty Corp in Gainesville, Florida, has to say about RPR Commercial: "I go to RPR Commercial to save time and simplify. That perfectly sums it up for me. I don't have to go to each individual's website for listing info. I can see all my properties and deals in one location. It's such a great place to search, every commercial agent should try it." To view the original article, visit the RPR