You might wonder: Is there an MLS for commercial real-estate? You can find answers to this question in different online resources. There are several different types of MLS, but the largest one is LoopNet, which has over 500,000 listings worth $425 billion. This service has over five million visitors per month and provides high-quality videos and HD photos of real-estate properties. LoopNet was acquired by CoStar in 2012.
MLS is an acronym for Multi-Listing Service, which is a database and listing platform that helps brokers list all types of properties. Other online databases, such as Zillow and Trulia, have listings for commercial real estate. Before making your final decision, consider the benefits and drawbacks of listing on both MLSs. There are many benefits to using one. The most important advantage is access to a huge number of properties for sale.
Biproxi is a subscription-free listing platform that uses proprietary technology to verify listings. Ten-X offers free commercial real estate listing management as well as marketing platforms for leasing and sales. You can also get access to data analytics, contact information, and other tools. As an added bonus, listing management is free. For property owners, it is possible to find a property that meets your needs on CommercialEdge.