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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
A CIE is the commercial real estate equivalent of the residential Multiple Listing Service. [2] [3] CIEs help commercial real estate professionals (brokers, property owners, developers, investors, tenants, etc.) share information about commercial property, recent sale or lease transactions, market statistics, and contacts. [4]
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Luxury Homes by Keller Williams – Luxury Homes by Keller Williams is the company's luxury real estate arm. [citation needed] KW Commercial – Division of Keller Williams responsible for brokering commercial real estate. [12] KW Labs - Keller Williams' technology division that develops and test software created by the company. [22]
CCIMs have access to a suite of online technology tools through the Site To Do Business, and they can post properties for sale or lease through the online CCIMNet commercial real estate exchange. Of the more than 150,000 commercial real estate professionals in the United States, only an estimated 6 percent hold the CCIM designation. [6]