RealProspex takes the lead as the latest renovation in online CRE.RealProspex, a unique, free online marketplace for commercial real estate professionals which carefully vets each sales listing and matches them to the specified investment preferences of member investors, has been launched (www.realprospex.com). RealProspex's proprietary process sifts through all property listings posted on the site and vastly streamlines the tedious process of sifting through thousands of listings that are neither rated nor pre-qualified as viable, revenue-generating acquisitions. "We have harnessed the raw power of recent internet innovations to link buyers and brokers, without being overly scientific or impersonal im·per·son·al adj. 1. Lacking personality; not being a person: an impersonal force. 2. a. Showing no emotion or personality: an aloof, impersonal manner. ," said Meir Kessner, senior vice president, RealProspex. "Real estate is also an art, which is where RealProspex fills the gap in online commercial real estate listings. We have live individuals, with real estate backgrounds, reviewing each deal, and confirming its suitability and viability for our registered investors." By serving as a quality control "gatekeeper In an H.323 IP telephony or video environment, a gatekeeper is a device that manages domains and provides call control. It is used to translate user names into IP addresses, to authenticate users and to manage network resources. " and clearing the clutter, RealProspex is a value-added val·ue-add·ed adj. Of or relating to the estimated value that is added to a product or material at each stage of its manufacture or distribution: , time-saving time-saving adj → que ahorra tiempo time-saving adj → qui fait gagner du temps time-saving time adj → essential for any commercial real estate professional. Results to date confirm the site's benefits. Since its recent launch, RealProspex is listing an unprecedented amount of deals and signing up a substantial amount of sophisticated users daily. The RealProspex process is customized, yet streamlined. Commercial brokers may list their properties for free. Each newly listed property is scrutinized by the RealProspex team. Each and every buyer is personally called to review their preferences. To enhance the browsing See browse. experience, every potential deal is rated by a patent pending color-coded system: Green deals have in-place cash flow; Yellow deals have been identified as having upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar ; Red deals are those that have just been posted and are yet to be reviewed. Once rated, deals are continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. monitored and updated based on market conditions. As an additional courtesy, RealProspex provides the contact information for the listing broker on each deal, and stays on top of the deals to ensure information remains up to date. The result of RealProspex's screening is that buyers, based on their listed preferences with regard to property type, geographic region and other criteria, need not sift through hundreds or thousands of deals. "Our research confirmed that sophisticated real estate professionals like the concept of a central location for online listings, but dislike the frustrating frus·trate tr.v. frus·trat·ed, frus·trat·ing, frus·trates 1. a. To prevent from accomplishing a purpose or fulfilling a desire; thwart: , often fruitless fruit·less adj. 1. Producing no fruit. 2. Unproductive of success: a fruitless search. See Synonyms at futile. , process of searching for hours to find the one deal that might work for them," said Eliezer Breiner, RealProspex's vice president of business development. One of the strongest value-added benefits of working with RealProspex is that through the firm's push technology, registered buyers are alerted, via e-mail, of only those acquisition opportunities that specifically meet their criteria. The site also provides national exposure for smaller and regional brokerage houses, introducing their listings to a high quality, national investor base. |
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