Commercial pro says RPR allows him a single point of entry to collect detailed property data, along with analytics to support business sustainability.
About Emily Line
Emily Line is Vice President of Commercial Services for the Realtors Property Resource® (RPR), a wholly owned subsidiary of the NATIONAL ASSOCIATION OF REALTORS® (NAR).
Entries by Emily Line
Cash flow analysis, demographics, economic indicators and in-depth property details make up these can’t-do-without RPR Commercial tools.
Trade Area Reports, Valuate, and on-market commercial listings were top of mind among members.
NAR has extended free access to RPR for all members with an Institute Affiliate membership through 2018.
Thanks to a recent integration with SMR Research, Commercial Practitioners now have access to seven million tenants that occupy space within a structure.
While many would love to call their city a home for Amazon, some locations make more sense than others, especially when it comes to finding the right people for the 50 thousand jobs the behemoth merchandiser intends to create.
From site selection and investment analysis tools to demographic and psychographic insights about communities, this valuable Realtor® member benefit truly helps validate a practitioner’s local expertise.
According to a recent Swanepoel T3 Group study, Commercial Real Estate ALERT: Analysis of the Latest Emerging Risks and Trends, demographics based on the interests of Millennials are more important than ever in business practices. “Millennial preference to live in mixed-use environments near work is contributing to high rents in urban locations, which is leading to increased apartment development that will further accelerate population growth in central business districts.
While new technologies are a welcome change to most in the commercial real estate space, it has led many practitioners to declare “I subscribe to several software systems. It would be terrific if they were all connected.”
RPR’s mobile app now includes Commercial data and reporting. The full extent of the app’s expansion into commercial territory will greatly enhance a Realtor’s ability to conduct on-location property searches, analyze hundreds of relevant data sets, and instantly create client-friendly, decision-prompting reports.
The perfect presentation package can be timely and expensive to compile for REALTORS® working with commercial clients. Having the right reports and data to help walk a client through your expertise is essential in gaining their trust and business.
To dive deeper into commercial members’ needs, RPR recently went into the field, so to speak, to ask more than 100 Commercial REALTORS® what they find to be the platform’s most valuable features—the tools that help them impress clients, win more business and save money; ultimately reiterating reasons to work with a REALTOR® versus a non-member.
Realtors Property Resource® (RPR®) delivers on-the-go access to an all-encompassing real estate platform, available exclusively to REALTORS®, and offered at no additional cost. Easily accessed through desktop, iOS and Android devices.