Raleigh, NC (May 17, 2010) –- RealUp is proud to celebrate the first anniversary of their online commercial real estate listing service. RealUp.com was officially launched to the public on May 17, 2009 and has since become the fastest growing commercial property website.
In just one year, RealUp.com has grown into one of the largest commercial real estate listing websites in the world. RealUp now has over 110,000 registered members and 250,000 property listings online. This includes over $125 billion worth of property for sale and 450 million square feet of lease space. During the last 365 days, RealUp has served more than 250,000 visitors who have performed over a million searches for commercial real estate.
"Our great team has worked hard to create this revolutionary commercial real estate service and we are all thrilled to celebrate our first anniversary," said Brian Randy Funk, President of RealUp. "This success is thanks to the fantastic work of our employees, the extensive feedback from our customers, along with the support of our partners and affiliates."
Over the past 12 months, RealUp has been active in the commercial real estate community attending several industry events including the 2009 ICSC RECon convention where the website was first publicly unveiled. RealUp has also joined several industry associations, including NAIOP and ICSC, and has signed a partnership agreement with CCIM Institute. Furthermore, RealUp has earned BBB accreditation as well as TRUSTe certification.
In the last year, RealUp has partnered with some of the largest brokerages in the country including Century 21 Commercial, Grubb & Ellis, TCN Worldwide, Sperry Van Ness, and Coldwell Banker Commercial. RealUp also has listing agreements with many regional companies such as Howard Hanna, Tranzon, Divaris Real Estate, Pyramid Brokerage and Hart Corporation.
"We have had some great achievements this past year and we are all are excited for what lies ahead," said Bill Brown, Chairman of RealUp. "We look forward to expanding our service and working with the commercial real estate community for many years to come."
RealUp.com is the only commercial real estate website offering free listings, free recent sales comparables and free demographics data. RealUp has free information for all types of commercial property including office, retail, industrial, multifamily, and agricultural. In addition to these ground-breaking free services, RealUp offers several optional advertising solutions including email blasts, banner ads, and listing distribution. All RealUp exposure options come with guaranteed results and detailed tracking reports. This "freemium" business model has been instrumental in the growth of the website during the first year.
Finally, after thousands of hours of software development, RealUp has now removed the "beta" tag from the website. Throughout the year, RealUp conducted multiple customer surveys and received thousands of email suggestions. RealUp responded with major new improvements including a powerful new real estate search engine and revamped listing imports/uploads. The end result of these changes, along with thousands of website iterations, is that as of today "beta" is now a thing of the past.
About RealUp RealUp.com, LLC is a commercial real estate website offering free property listings and recent sales comparables. A subsidiary of TerraServer.com, the leader in online satellite photos, the company is based in Raleigh, NC and services the nationwide commercial market. RealUp is committed to providing commercial real estate professionals with up-to-date listings, information and advertising at the best value with guaranteed results. www.RealUp.com
As defined by Wikipedia, a real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its market value. Market value is the price at which an asset would trade in a competitive Walrasian auction setting.
Appraisals are necessary especially when investing in property because no two properties are exactly alike and therefore there is no market-based pricing mechanism. It is the unique features, locations and conditions of properties that require the need for the appraisal/valuation of real estate property.
There are three basic approaches to the appraisal process. The Cost Approach uses the current cost of the property less the accrued depreciation including deterioration, neglect, etc. The Sales Comparison Approach is based on the value of comparable properties that have recently sold in the area. (You can find free recent sales comparables on RealUp). The Income Capitalization Approach is the market value of the properties earning potential upon capitalizing on income, stability and equity.
RealUp has a significant group of members that are in the commercial appraisal industry. Appraisers find our website very useful specifically because we offer free nationwide recent sales comparables.
If using the Sales Comparison Approach that I mentioned above, this access to free sales data is a tremendous resource for appraisers especially in this slow market. Click here to search our nationwide sales comp database for free.
Do you want to learn more about the appraisal process or find a certified appraiser? Check the Appraisal Institute, the international association for professional real estate appraisers. Formed in 1991, the Appraisal Institute has more than 24,000 members and 91 chapters.
RealUp is growing its involvement in the commercial real estate industry. RealUp has recently joined NAIOP, the Commercial Real Estate Development Association.
Brian Randy Funk, President of RealUp.com, became a member as a "Developing Leader" of our local Research Triangle Chapter of NAIOP.
The National Association of Industrial and Office Properties (NAIOP) is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate. Founded in 1967 the association currently has 56 chapter networks and is comprised of more than 15,000 members throughout North America.
NAIOP offers its members unparalleled networking opportunities, educational programs, research on trends and innovation and strong legislative initiatives. Through many years of growth and support, NAIOP has developed into one of the nation's largest, most prestigious and valuable commercial real estate organizations.
With this new involvement with the NAIOP we hope to reach out and network through our local chapter and nationwide. The Research Triangle Chapter has more than 125 members making it the largest chapter in the association.
We feel like our involvement presents a tremendous opportunity to be active in local meetings, networking, business development, educational opportunities for professional growth and representation on local, state and national issues.
It is imperative that RealUp works together with industry associations in order to maintain a presence in the industry and to have direct involvement with our user base.
Reaching out through associations is an effective method of getting valuable feedback and learning what our customers need to be successful. As the New Year approaches we will be striving to increase our involvement among industry associations nationwide.
RALEIGH, NC (November 16, 2009) -- RealUp, the free Commercial Real Estate listing and information service, announces today its partnership with the CCIM Institute and its Real Estate Data Exchange, CCIMREDEX. Once CCIMREDEX officially launches in March 2010, all CCIM Institute members will be able to access all their RealUp listings on the site and will have the option to distribute their listings to RealUp.com. This free exchange of data demonstrates the dedication of both parties to provide brokers with tools that save time and bring success.
"RealUp has been a forerunner in integrating with CCIMREDEX," says Todd Kuhlmann, CCIM and Director of CCIMREDEX. "RealUp’s listing platform is a valuable benefit for our CCIM members to obtain additional exposure for their commercial listings free of charge. Because RealUp will be integrated with CCIMREDEX, our members will only need to enter their information one time."
CCIMREDEX, an online exchange for commercial real estate information – the first of its kind – will give members of the CCIM Institute unparalleled tools and resources to market properties for sale, lease or exchange, provide a repository for data, images and multi-media files and let users prepare detailed property and market analyses for virtually any location in the nation. The web-based resource also will offer links to third-party Commercial Real Estate listing services to provide local, regional and national exposure for sale or lease listings. A single-sign in process means property data has to be entered only one time before it’s pushed out to the marketplace.
"To be able to work together with a reputable association such as the CCIM Institute is a tremendous opportunity for us," said Brian Randy Funk, President of RealUp. "We are very excited about CCIMREDEX and are honored to be a key player in the project as the site readies for its official launch."
This partnership, which allows the exchange of nationwide property listings between the CCIMREDEX and RealUp.com websites, is the start of what looks to be a lasting relationship between the two Commercial Real Estate services. As a new partner, RealUp is showing its support through advertising and sponsorship with CCIM, including the CCIM & IREM Success Series 2009 in Honolulu, HI.
Those using the CCIMREDEX service will not only benefit from being able to access RealUp listings, but they will have the option to export their listings for free to RealUp.com and access the array of other free services and data that the website provides. RealUp offers free membership, free searching, free sales comparables, free demographics and free lending quotes. The CCIM Institute joins a reputable group of other organizations already benefiting from RealUp's free services including Sperry Van Ness, TCN Worldwide, Massey Knakal and Divaris Real Estate.
About RealUp RealUp.com, LLC is a commercial real estate website offering free information and guaranteed results for property listings. A subsidiary of TerraServer.com, the leader in online satellite imagery, the company is based in Raleigh, North Carolina and services the nationwide commercial market. RealUp is committed to providing commercial real estate professionals with up-to-date industry listings, information and data at the best value. www.RealUp.com
About CCIMREDEX CCIMREDEX is a Real Estate Data Exchange and a repository of commercial property data that is owned by the CCIM Institute. CCIMREDEX essentially provides a platform for CCIM Institute members to research, analyze and market properties all in one place. Members can access property locations, demographics, sales and lease history and enter property data one time with the ability to send it out to multiple listing outlets nationwide. www.CCIMREDEX.com
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Raleigh, NC (May 17, 2010) –- RealUp is proud to celebrate the first anniversary of their online commercial real estate listing service. RealUp.com was officially launched to the public on May 17, 2009 and has since become the fastest growing commercial property website. 
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As defined by 
RealUp is growing its involvement in the commercial real estate industry. RealUp has recently joined 
RALEIGH, NC (November 16, 2009) -- RealUp, the free Commercial Real Estate listing and information service, announces today its partnership with the CCIM Institute and its Real Estate Data Exchange, CCIMREDEX. Once CCIMREDEX officially launches in March 2010, all CCIM Institute members will be able to access all their RealUp listings on the site and will have the option to distribute their listings to RealUp.com. This free exchange of data demonstrates the dedication of both parties to provide brokers with tools that save time and bring success. 
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