Please Help! CRE Listings
Hello friends,

My client is a commercial real estate brokerage.

We are trying to understand more of the processes taken by commercial real estate realtors and investors on how they list their properties (Think LoopNet,Spacelist, etc.)

So if you can please help me out by answering these three questions below that would be great.

1. What do you use and why
2. How much are you paying for those services
3. What would you recommended for websites like LoopNet or Spacelist to change about their business structure
[{"id": "dylx85a", "text": "1. Costar\n2. Not positive as my firm pays for it. I am sure you get a bigger discount the more licenses the firm buys\n3. Right now it feels like Costar is the only option that's legit, and that's unfortunate. As much as I do not like Costar, there really aren't any better options. For as much as each license costs, there are a ton of things I would fix if I could. It's really not very user friendly and they make it way too hard to print reports/surveys in a way that looks nice. ", "replies": [{"id": "dylxzxo", "text": "Thank you for the insight. Apart from not being user-friendly and hard to print reports nicely, what else would you fix? Are they any features you really wish they had?\n\nI appreciate it", "replies": [], "depth": 2}], "depth": 1}, {"id": "dymbfxw", "text": "Costar\n\nReal Capital Markets\n\nCrexi - a free option that gets a surprising amount exposure for my listings\n", "replies": [{"id": "dymib7z", "text": "There is no fees at all with Crexi?", "replies": [{"id": "dymiu86", "text": "You can pay for Crexi \"pro\" with more access to certain features, but I have had success with the base model.  ", "replies": [{"id": "dymjpcn", "text": "Wow. I have been reading up on Crexi and there is a lot of information to take in. So Crexi allows you to list and search for free? Do you upload your property information directly on Crexi ?", "replies": [{"id": "dyohxpb", "text": "Yes and yes. It's more limited than Costar but has great functionality and features a lot of the better listings. It was designed by engineers at Apple so the interface is really nice. ", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dymctz4", "text": "if only costar could be like mls....", "replies": [{"id": "dyme26c", "text": "Can you elaborate on that?", "replies": [{"id": "dyme94f", "text": "i actually dont have costar, but i have loopnet, which costar owns...you just have to pay at every stop...my company fortunately pays for me but it's a business...so they're always trying to sell you different packages and options...there are several different levels to listings...i only have a few listings that are premium, so that means a lot of my other listings dont show up....and since i dont have costar, a ton of listings aren't available....on purpose...also, the interface is sometimes annoying, but it's workable....mls on the other hand is very black and white, straight to the point...", "replies": [{"id": "dymi8w7", "text": "I see. In regard to LoopNet, is it not subscription-based postings? I thought there is a monthly fee that decides whether your posts are premium or not, but I guess that is not the case. \n\nAre there fees involved with MLS? Please correct me if I am wrong but my understanding is that some services like LoopNet pull the listings from MLS?\n\nI am trying to find the MLS website where I can learn more but I don't know why I cant find it.", "replies": [{"id": "dyminpw", "text": "There is no MLS in CRE.", "replies": [{"id": "dymjsa9", "text": "Ah that makes sense now, thank you.", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dymmgw3", "text": "Most deals I work on are confidential, so I typically can\u2019t use any of the traditional outlets. Other agents at our firm though mainly use costar, loopnet and crexi. We also have an internal system that generates most of our offers though. The issue I run into with costar and loopnet is the lack of consistent information. Too many holes to really understand the deal. ", "replies": [], "depth": 1}, {"id": "dz7cuk2", "text": "1. Loopnet &amp; Costar &amp; Physical signs\n2. Too much\n3. More transparency about rates. They seem to have different rates for everyone and sell you on one only to disclose other fees and expenses later.", "replies": [], "depth": 1}]