Use RPR to Research Commercial Properties – Texas REALTORS®-2021十大正规彩票app

March 01, 2018

Here are five ways you can benefit from using RPR in your commercial business. Learn
more about RPR Commercial at blog.narrpr.com/commercial.

Property Details

Get information on square footage, zoning, owners, tenants, tax information, mortgage records, legal descriptions, and much more. RPR Commercial aggregates public records nationwide and partners with 26 contracted CIEs/CMLSs and 668 MLSs for on-market commercial listings. There are more than 320 million on-market listings, over 35 million off-market properties, and with the recent integration of SMR Research, an additional 7 million tenants occupying space available for your research exploration.

Property Cash Flows

After discovering the true income and expenses through conversations with the listing agent or building owner, you can plug those and other assumptions into Valuate Investor Analysis and produce the return ratio at the end of the hold period.

Economic Conditions

Be prepared to talk about key factors such as employment, cost of living, and top employing industries and compare multiple areas in your community. Pull up a thematic map within RPR for a quick look at market conditions including the average household income. Discover business points of interest (POI) in the area to note the type of industry, number of employees, and annual sales volume. Review both historical and current traffic counts to gauge market activity and business potential.

Demographic Data

Your clients also need to know about their potential customers, employees, or renters. RPR Commercial gives you basics like population density, age ranges, disposable income, education levels, and industry of employment.

Tapestry Segmentation

The next time you’re on a site tour or in a pitch meeting, share a Commercial Trade Area report with tapestry, also known as consumer segmentation data. This goes beyond the numbers and basic info you can collect from general economic and demographic sources by providing you with preferences and detailed descriptions of people who live around a property.

Legal Disclaimer

Texas REALTORS® provides content through various online platforms, including this blog. By interacting with any of our blog posts, you agree to comply with the following terms and conditions:

a. You will not post any defamatory, discriminatory, libelous, threatening, vulgar, sexually explicit, abusive, profane, rude, or obscene content (including comments);
b. You will not use our blog posts or posted content to do anything unlawful, misleading, malicious, or discriminatory; and
c. You will not post content or take any action on our blog posts that infringes someone else’s rights or otherwise violates the law.
d. You will not post any information intended to sell or advertise a business, product, or service.

Texas REALTORS®, in its sole discretion, reserves the right to remove any content you have uploaded, posted, or submitted onto any of our blog posts if we believe that it violates these terms or conditions.

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While Texas REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, Texas REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here. Any legal or other information found on this page or at other sites to which we link, should be verified before it is relied upon.