The National Association of REALTORS® and CompStak announced on October 13th a partnership to integrate CompStak into the Realtors Property Resource® platform. NAR commercial members will have access to CompStak Exchange, an analyst-reviewed comp data and analytics platform. Members will receive exclusive credits to discover timely comps in their respective markets. The CompStak platform handles millions of data points weekly to create its comprehensive commercial real estate data set.
RPR (Realtors Property Resource®) offers a summary from the C5 Summit. This wrap up comes from Emily Line, a guest on a commercial tech panel, where she revealed how and why RPR is tallying lots of perfect scores with commercial users of the platform.
Wowing the crowd with their innovative loyalty program for the rental market, 2022 REACH Commercial Portfolio company Stake was voted crowd favorite by thousands of in-person and virtual attendees at the 2022 iOi Pitch Battle. Revive earned the top prize as overall winner. Learn more about the Pitch Battle here.
Obie, a Chicago-based insurance technology company, earned a spot on the Inc 5000 list for their focus on delivering speed and transparency to real estate investors. Learn more.
Interested in connecting with commercial real estate technology entrepreneurs? Want to test the latest innovation for your business? Meet with top startups from NAR’s REACH Commercial program at the upcoming IREM and SIOR fall conferences in Dallas, TX. Book a meeting with the REACH team by sending a note to hello@narreach.com.
The new Createmagazine celebrates the ingenuity that commercial real estate practitioners bring to their work. Formerly Commercial Connections, the inaugural issue of Create features commercial pros who are bringing new life to underused spaces, an energy expert who helps commercial building owners and managers plan solar installations, and more!
After the strong rebound for the U.S. economy in 2021, growth in 2022 has slowed in the face of rising inflation, the household incomes squeeze, and geopolitical events. While the economy continues to deal with elevated inflation, there is a slowdown in the growth of commercial real estate in Q3 2022.
NAR surveyed members about their feelings of safety in commercial real estate, their experiences, and the precautions they take to protect themselves. Read more.
Based on the 2022 Sustainability Commercial Report, 61% percent of real estate agents were extremely comfortable answering clients’ questions about building performance. This shows that sustainability is a hot topic, so don’t give it the cold shoulder. Encourage your agents to use this report to find out more ways to sell sustainable solutions to their clients!
The multifamily sector continues to strengthen, with demand returning to gateway cities as newly popular destinations continue to attract renters. Read the story.
Local REALTOR® associations can apply for a Smart Growth grant to improve walkability in your community. Learn how the City of Myrtle Beach established a Smart Growth mindset by funding an in-depth walkability study that continues to inform local decision-makers on infrastructure improvements. Questions? Contact Hugh Morris.
The Counselors of Real Estate has awarded the first-ever Jared Shlaes Prize to the Pacific Legal Foundation’s Ethan Blevins. The $10,000 award, given annually to a Real Estate Issues author whose writing style personifies clarity of thought, is in honor of the late Jared Shlaes, CRE, creator and founder of The Counselors' peer reviewed journal. Read the winning article here.
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