Realtor.com To Provide Comprehensive Commercial Listings

Presenting the latest press release from Realtor.Ccom about the continuing provision of commercial listings onto the single largest real estate website on the internet.  The bottom line: CommercialSearch.com listings data from Xceligent will be available to Realtor.com users come 3Q 2013.

SAN JOSE, Calif. and INDEPENDENCE, Mo., May 15, 2013 /PRNewswire/ – Realtor.com®, operated by Move, Inc. (NASDAQ:MOVE), and Xceligent, Inc., a leading provider of proactively researched commercial real estate information and marketing, today announced a strategic agreement to launch enhanced commercial search functionality on realtor.com® the official website of the National Association of REALTORS®.

As a result of this agreement, in the third quarter of 2013, Xceligent-owned site CommercialSearch.com (“CommercialSearch”) will begin powering amplified commercial functionality on realtor.com®. Realtor.com® users will have access to the hundreds of thousands of commercial listings Xceligent has aggregated into CommercialSearch from multiple sources including: its fully-researched markets, hundreds of MLSs, CIEs (Commercial Information Exchanges) of every market size, and the majority of the top 50 companies who provide commercial listings in the country. This combined information availability has made CommercialSearch one of the largest content sources of any public facing commercial real estate marketing site.

“Over the last few years, we have seen increased investor activity in the residential housing market.  Many career real estate investors begin by investing in residential and eventually transition into commercial as they expand their portfolios,” commented Errol Samuelson , president of realtor.com®. “Enhancing our commercial real estate search bridges the information gap for residential real estate investors who cross over into the commercial space. CommercialSearch’s robust data set and primary sourced data made it a natural fit with realtor.com® and its commitment to accuracy and the industry.”

That primary sourced data that will soon be available to realtor.com® users comes from Xceligent’s flagship research product, CDX, which relies on hundreds of researchers proactively gathering information on every commercial building in a market. Currently in over 40 markets and rapidly expanding into the largest 65 markets, this data has helped create the foundation of CommercialSearch’s national listing content. Additionally, any agent in any US market can currently contribute listings directly to CommercialSearch, thereby adding to the content that Xceligent’s research team is providing to CommercialSearch as a marketing benefit for the members of its main research system.

“Realtor.com®‘s unparalleled credibility and reach paired with our unique ability to aggregate a national commercial inventory make this an alliance very powerful,” Xceligent CEO Doug Curry says. “We are confident that this agreement will provide an unrivaled value proposition through our new industry standard marketing platform and bring extraordinary exposure to the commercial listings marketed through CommercialSearch.”

Last year, the National Association of REALTORS® announced a strategic alliance with Xceligent. As part of the REALTOR Benefits® Program, Xceligent is the National Association of REALTORS’® exclusive provider of commercial real estate information services. For more information about realtor.com® commercial listings or CommercialSearch, please visit:

http://commercial.realtor.com/?iid=rdc_hdr_commercial and http://www.commercialsearch.com/.

17. May 2013 by Wayne Grohl
Categories: New Technology | 6 comments

Comments (6)

  1. Let’s see. You’re trying to promote a commercial property website to commercial brokers. I hit the link and, while there is a search device for commercial property, the tabs at the top of the page are “Find A Homoe”, “Home Finance”, “Moving” and “Home and Garden”. Wow, very commercially oriented. But, I’m still curious, so I do a search that yields some of the properties that I know are on the market. And what are the tabs at the top of each of the search result pages? The same four residential tabs. Contact me when you’re serious about commercial. This is not yet there.

    • Hi Bob,

      Sorry if I was unclear. I did write “The bottom line: CommercialSearch.com listings data from Xceligent will be available to Realtor.com users come 3Q 2013.

      (Bolding for emphasis.)

      Thanks!

      WG

  2. what does this mean for Association MLS’s? Where does staff get more info?

    • Hi Roger:

      As Realtor.com ramps up into the new offering, I expect some posts here at The Source to address this and other questions concerning Association listing data and practices.

      Thanks for reading!

      WG

  3. Great, Great Great, Hopefully I will no longer have to have memberships in 4 org. to obtain Commercial info.
    Exicitedly awaiting last quarter of this year YEA !!!!
    Carole

  4. WOW just what I was searching for. Came here by searching for
    nar

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