RealUp Blog http://blog.realup.com RealUp Blog 10 Mar 2010 23:49:43 -0500 en Real Developers http://blog.realup.com/blog.asp?bid=136 http://blog.realup.com/blog.asp?bid=136#comments 03 Mar 2010 05:22:14 -0500 http://blog.realup.com/blog.asp?bid=136 RealUp is the free commercial real estate website that is especially usefull for real estate developers. Thousands of commercial developers benefit from our free industry data and services.

According to Wikipedia, real estate developers are the coordinators of the activities that help convert ideas on paper into real property.

Commercial real estate development is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved parcels to others.

Developers buy land, finance real estate deals, build or initiate the building of projects and orchestrate the process of development from beginning to end. Typically, developers purchase a tract of land, determine how to market the property, develop the building plan and design, obtain approval and financing, build the structure, lease, manage, and ultimately sell.

Developers work side-by-side with architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more. Out of this mix, developers usually take the greatest risk in the creation or renovation of real estate but they ultimately receive the greatest rewards.

Because real estate developers serve as the intermediary between multiple third party providers and have a hand in the entire development process, they are able to benefit from RealUp's services and data on multiple levels.

Whether it is searching for properties to buy or lease, researching sales comps and demographics, locating third party service providers or eventually selling or leasing a finished project, commercial real estate developers can find all of the tools they need to be successful on RealUp.]]>
RealUp is the free commercial real estate website that is especially usefull for real estate developers. Thousands of commercial developers benefit from our free industry data and services.

According to Wikipedia, real estate developers are the coordinators of the activities that help convert ideas on paper into real property.

Commercial real estate development is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved parcels to others.

Developers buy land, finance real estate deals, build or initiate the building of projects and orchestrate the process of development from beginning to end. Typically, developers purchase a tract of land, determine how to market the property, develop the building plan and design, obtain approval and financing, build the structure, lease, manage, and ultimately sell.

Developers work side-by-side with architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more. Out of this mix, developers usually take the greatest risk in the creation or renovation of real estate but they ultimately receive the greatest rewards.

Because real estate developers serve as the intermediary between multiple third party providers and have a hand in the entire development process, they are able to benefit from RealUp's services and data on multiple levels.

Whether it is searching for properties to buy or lease, researching sales comps and demographics, locating third party service providers or eventually selling or leasing a finished project, commercial real estate developers can find all of the tools they need to be successful on RealUp.]]>
http://blog.realup.com/blog.asp?bid=136#comments http://blog.realup.com/blog.asp?bid=136
Property of the Week http://blog.realup.com/blog.asp?bid=130 http://blog.realup.com/blog.asp?bid=130#comments 01 Mar 2010 06:34:57 -0500 http://blog.realup.com/blog.asp?bid=130 Our featured property of the week is brought to you by Brian Passeri of Keller Williams Commercial.

The property for sale is a 1,800 sq.ft. office building located in Forest Lake, Minnesota.

This property, currently operating as Forest Lake Animal Hospital is a perfect business opportunity for small or new business owners.

The building has great visibility off of Highway 61 in Forest Lake and is only a block or two from the water.

The surrounding area has more than 25,000 in population, a housing occupancy rate of 97% and a solid average income of close to $60,000 a year.

For more information and to view this featured property listing, please visit:
http://www.realup.com/407lakests]]>
Our featured property of the week is brought to you by Brian Passeri of Keller Williams Commercial.

The property for sale is a 1,800 sq.ft. office building located in Forest Lake, Minnesota.

This property, currently operating as Forest Lake Animal Hospital is a perfect business opportunity for small or new business owners.

The building has great visibility off of Highway 61 in Forest Lake and is only a block or two from the water.

The surrounding area has more than 25,000 in population, a housing occupancy rate of 97% and a solid average income of close to $60,000 a year.

For more information and to view this featured property listing, please visit:
http://www.realup.com/407lakests]]>
http://blog.realup.com/blog.asp?bid=130#comments http://blog.realup.com/blog.asp?bid=130
There's An App For That... http://blog.realup.com/blog.asp?bid=139 http://blog.realup.com/blog.asp?bid=139#comments 25 Feb 2010 11:10:31 -0500 Dave Overdier, Technology Manager http://blog.realup.com/blog.asp?bid=139 RealUp has become an Official iPhone App Developer! We are currently working with TouchCentric to create an app that will nicely complement our great website.

The RealUp app will be free of charge, just like many of the other great services that our company provides its users. This mobile app will take advantage of the iPhone interface and functionality to create a unique search experience for our users.

The app is currently in the testing phase, meaning that the basic application is built and we must now make sure that all of the functions work properly. This will ensure that we are delivering the best tool possible for our mobile RealUp users.

Once through the testing phase, we will begin distribution within iTunes so that any iPhone or iPod Touch user can download and start using our mobile app immediately. This just another value that RealUp is adding for our commercial real estate professionals.

Naturally, as with any app, we will constantly be examining our users needs so that we can continue to deliver the functions to make our app number one for commercial real estate. And don't worry Android and Blackberry users, more apps are on the way soon.

So, keep an eye out for our official release date, and in the mean time make sure that you are getting the exposure you need to sell your industrial, multifamily, or other commercial property by listing and advertising with RealUp.com!]]>
RealUp has become an Official iPhone App Developer! We are currently working with TouchCentric to create an app that will nicely complement our great website.

The RealUp app will be free of charge, just like many of the other great services that our company provides its users. This mobile app will take advantage of the iPhone interface and functionality to create a unique search experience for our users.

The app is currently in the testing phase, meaning that the basic application is built and we must now make sure that all of the functions work properly. This will ensure that we are delivering the best tool possible for our mobile RealUp users.

Once through the testing phase, we will begin distribution within iTunes so that any iPhone or iPod Touch user can download and start using our mobile app immediately. This just another value that RealUp is adding for our commercial real estate professionals.

Naturally, as with any app, we will constantly be examining our users needs so that we can continue to deliver the functions to make our app number one for commercial real estate. And don't worry Android and Blackberry users, more apps are on the way soon.

So, keep an eye out for our official release date, and in the mean time make sure that you are getting the exposure you need to sell your industrial, multifamily, or other commercial property by listing and advertising with RealUp.com!]]>
http://blog.realup.com/blog.asp?bid=139#comments http://blog.realup.com/blog.asp?bid=139
Owned http://blog.realup.com/blog.asp?bid=135 http://blog.realup.com/blog.asp?bid=135#comments 24 Feb 2010 05:08:05 -0500 http://blog.realup.com/blog.asp?bid=135 RealUp is the free commercial real estate website used by tens of thousands of commercial real estate professionals nationwide. Property owners and investors benefit from our free industry data and services every day.

Commercial property owners happen to make up a large percentage of our RealUp user base following brokers. Ownership of a property is determined by who holds the title which is proven by the deed.

A real estate owner has a standard bundle of legal rights that is transferred from the seller to the buyer. Ownership rights include: the right of possession, the right of control, the right of exclusion, the right of enjoyment and the right of disposition.

Ownership of real property can sometimes be limited by easements, liens or encroachments to the property. For example, an easement is the right of one party to use the property of the owner. This can include passing over the property to reach another, using a fishing pond on the property, etc. Easements can be granted or removed at any time given the right circumstances.

There are several well known organizations dedicated to commercial property owners and associates including the Building Owners and Managers Association (BOMA), the National Association of Industrial and Office Properties (NAIOP) – which RealUp is a proud member of - as well as hundreds of local commercial property owners associations.

Property owners and investors can search RealUp for new property to buy using our advanced commercial real estate search engine with over 200,000 property listings online. Commercial owners can also list properties for sale and for lease on to RealUp. Both searching and listing properties are always free using RealUp.com!]]>
RealUp is the free commercial real estate website used by tens of thousands of commercial real estate professionals nationwide. Property owners and investors benefit from our free industry data and services every day.

Commercial property owners happen to make up a large percentage of our RealUp user base following brokers. Ownership of a property is determined by who holds the title which is proven by the deed.

A real estate owner has a standard bundle of legal rights that is transferred from the seller to the buyer. Ownership rights include: the right of possession, the right of control, the right of exclusion, the right of enjoyment and the right of disposition.

Ownership of real property can sometimes be limited by easements, liens or encroachments to the property. For example, an easement is the right of one party to use the property of the owner. This can include passing over the property to reach another, using a fishing pond on the property, etc. Easements can be granted or removed at any time given the right circumstances.

There are several well known organizations dedicated to commercial property owners and associates including the Building Owners and Managers Association (BOMA), the National Association of Industrial and Office Properties (NAIOP) – which RealUp is a proud member of - as well as hundreds of local commercial property owners associations.

Property owners and investors can search RealUp for new property to buy using our advanced commercial real estate search engine with over 200,000 property listings online. Commercial owners can also list properties for sale and for lease on to RealUp. Both searching and listing properties are always free using RealUp.com!]]>
http://blog.realup.com/blog.asp?bid=135#comments http://blog.realup.com/blog.asp?bid=135
Property of the Week http://blog.realup.com/blog.asp?bid=129 http://blog.realup.com/blog.asp?bid=129#comments 22 Feb 2010 06:34:40 -0500 http://blog.realup.com/blog.asp?bid=129 Our featured property of the week is brought to you by Bill Holdeman of RE/MAX Realty Professionals.

The property for sale is a 4,287 sq.ft. retail/mixed-use building located in Bloomington, Indiana.

This unique downtown building is home to several apartments and a barber shop. The main living area has wonderful arched doorways. Hardwood flooring believed to be under all carpeted areas.

Kitchen was updated including cabinetry, side by side refrigerator, gas range, trash compactor and a hookup for washer and drye. Newer double pane insulated windows are on the main level and the upstairs apartment. There are 5 ceiling fans, a fireplace with insert and wonderful sunroom.

Upstairs apartment, accessed from rear of home, has living room with lots of windows for natural lighting, 2 bedrooms, a full bath and extra spacious kitchen and dining area. Street front apartment, next to current barber shop, has a living room, eat-in kitchen, bedroom and bath. There are 2 entrances, one from alley way the other from Walnut St.

Barber shop has large 13 X 23 street front room, a 10 X 14 room for supplies and a half bath. The four units have separate meters for electricity and gas. Water is on one meter only. Front of building has 5 parking spaces with another 4 at rear of building.

Currently the apartments are vacant and the Barber shop is month to month so the rents under the unit section are proposed. There is even room to add another efficiency apartment.

Also, the main home (unit 1) could be converted to a 3 bedroom via the sunroom. This is a great opportunity to get into the rental market or property could be demolished and new apartments built.

This property has a great location! From downtown, go North on Walnut and the property is located on West side of Street close to 12th Street.

For more information and to view this featured property listing, please visit:
http://www.realup.com/809nwalnutst]]>
Our featured property of the week is brought to you by Bill Holdeman of RE/MAX Realty Professionals.

The property for sale is a 4,287 sq.ft. retail/mixed-use building located in Bloomington, Indiana.

This unique downtown building is home to several apartments and a barber shop. The main living area has wonderful arched doorways. Hardwood flooring believed to be under all carpeted areas.

Kitchen was updated including cabinetry, side by side refrigerator, gas range, trash compactor and a hookup for washer and drye. Newer double pane insulated windows are on the main level and the upstairs apartment. There are 5 ceiling fans, a fireplace with insert and wonderful sunroom.

Upstairs apartment, accessed from rear of home, has living room with lots of windows for natural lighting, 2 bedrooms, a full bath and extra spacious kitchen and dining area. Street front apartment, next to current barber shop, has a living room, eat-in kitchen, bedroom and bath. There are 2 entrances, one from alley way the other from Walnut St.

Barber shop has large 13 X 23 street front room, a 10 X 14 room for supplies and a half bath. The four units have separate meters for electricity and gas. Water is on one meter only. Front of building has 5 parking spaces with another 4 at rear of building.

Currently the apartments are vacant and the Barber shop is month to month so the rents under the unit section are proposed. There is even room to add another efficiency apartment.

Also, the main home (unit 1) could be converted to a 3 bedroom via the sunroom. This is a great opportunity to get into the rental market or property could be demolished and new apartments built.

This property has a great location! From downtown, go North on Walnut and the property is located on West side of Street close to 12th Street.

For more information and to view this featured property listing, please visit:
http://www.realup.com/809nwalnutst]]>
http://blog.realup.com/blog.asp?bid=129#comments http://blog.realup.com/blog.asp?bid=129
Presenting... http://blog.realup.com/blog.asp?bid=133 http://blog.realup.com/blog.asp?bid=133#comments 19 Feb 2010 16:27:18 -0500 http://blog.realup.com/blog.asp?bid=133 RealUp has added another new addition to our team! Steve Brady has been hired as Sales Manager and will be responsible for advertising and marketing initiatives.

Steve has consulted for national media companies on how to monetize their networks better and create better products and marketing campaigns for clients.

Steve has an extensive background in advertising sales and new media. He also comes from startup backgrounds, which he thoroughly enjoys.

"I am very excited about the opportunity. I the team has done a great job building a fantastic user experience, growing membership base, and high visibility," commented Steve Brady. "Now, we have to get our advertising programs out there so that our users now how they can effectively use RealUp to sell more properties or services."

Steve will help commercial real estate professionals cut through the clutter with a great brand experience and direct response tools.

Steve is originally from Ohio, and has his BBA in finance from Kent State University. He currently lives in Chapel Hill, NC. He has worked for Starpoint Digital Media, FEIC, Health Club Media Network among others and loves the challenge of building businesses.

For more information on advertising programs through RealUp.com please contact Steve Brady at steve@realup.com or directly at 888-878-2975]]>
RealUp has added another new addition to our team! Steve Brady has been hired as Sales Manager and will be responsible for advertising and marketing initiatives.

Steve has consulted for national media companies on how to monetize their networks better and create better products and marketing campaigns for clients.

Steve has an extensive background in advertising sales and new media. He also comes from startup backgrounds, which he thoroughly enjoys.

"I am very excited about the opportunity. I the team has done a great job building a fantastic user experience, growing membership base, and high visibility," commented Steve Brady. "Now, we have to get our advertising programs out there so that our users now how they can effectively use RealUp to sell more properties or services."

Steve will help commercial real estate professionals cut through the clutter with a great brand experience and direct response tools.

Steve is originally from Ohio, and has his BBA in finance from Kent State University. He currently lives in Chapel Hill, NC. He has worked for Starpoint Digital Media, FEIC, Health Club Media Network among others and loves the challenge of building businesses.

For more information on advertising programs through RealUp.com please contact Steve Brady at steve@realup.com or directly at 888-878-2975]]>
http://blog.realup.com/blog.asp?bid=133#comments http://blog.realup.com/blog.asp?bid=133
Middle Management http://blog.realup.com/blog.asp?bid=134 http://blog.realup.com/blog.asp?bid=134#comments 17 Feb 2010 17:04:38 -0500 Levi Neely, Customer Service Manager http://blog.realup.com/blog.asp?bid=134 RealUp is bringing its ad management to the next level and beyond with a bold move to Google Ad Manager. Why you ask? Because it's all about our clients getting the most for their advertising dollars and we want to ensure that in the best way possible.

With this robust online ad manager, we will be able to specifically target your ads where ever you want them to be within our site. In fact you can target ads our site visitors' geography, day and time, bandwidth, browser, language, operating system, and domain.

Not only that, but we will better be able to make yours ads exclusive so that you get the most exposure for your targeted audience.

Another great feature to this application is the ability to run reports on the efficiency and power of your ads. This means we can share with you the traffic that you are getting as a result of using our site to advertise your property/service/product.

And with Google's proven infrastructure, you will have no worries that your ad will not show up as it should. Load times will be fast and reliable, as you should expect from a name like Google.

This is just another step that we here are RealUp are taking to ensure you the most bang for your advertising buck. So, all you brokers, auction houses, and commercial real estate industry leaders let us make your listings and services shine. Give us a call at 888-878-2975 so that we can put Google Ad Manager and RealUp's growing user base to work for you.]]>
RealUp is bringing its ad management to the next level and beyond with a bold move to Google Ad Manager. Why you ask? Because it's all about our clients getting the most for their advertising dollars and we want to ensure that in the best way possible.

With this robust online ad manager, we will be able to specifically target your ads where ever you want them to be within our site. In fact you can target ads our site visitors' geography, day and time, bandwidth, browser, language, operating system, and domain.

Not only that, but we will better be able to make yours ads exclusive so that you get the most exposure for your targeted audience.

Another great feature to this application is the ability to run reports on the efficiency and power of your ads. This means we can share with you the traffic that you are getting as a result of using our site to advertise your property/service/product.

And with Google's proven infrastructure, you will have no worries that your ad will not show up as it should. Load times will be fast and reliable, as you should expect from a name like Google.

This is just another step that we here are RealUp are taking to ensure you the most bang for your advertising buck. So, all you brokers, auction houses, and commercial real estate industry leaders let us make your listings and services shine. Give us a call at 888-878-2975 so that we can put Google Ad Manager and RealUp's growing user base to work for you.]]>
http://blog.realup.com/blog.asp?bid=134#comments http://blog.realup.com/blog.asp?bid=134
Property of the Week http://blog.realup.com/blog.asp?bid=127 http://blog.realup.com/blog.asp?bid=127#comments 15 Feb 2010 06:10:33 -0500 http://blog.realup.com/blog.asp?bid=127 Our featured property of the week is brought to you by Ashley Parker of Richard Bowers & Company, a TCN Worldwide affiliate.

The property for lease is a 984 – 20,000 sq.ft. office space located in the heart of Buckhead in Atlanta, Georgia. There is a full 10,000 sq.ft. floor available as well as a 150 Kilowatt generator.

This Piedmont Court property is centrally located in Buckhead and is equipped with free parking, on-site management, and property entrances and exits on Piedmont Drive, East Paces Ferry Road and Maple Drive.

There is immediate access to I-85, GA-400, Buckhead and Midtown. The property is adjacent to Fairfield Inn & Suites and close to Buckhead MARTA Station.

Several restaurants within walking distance include Bone's, Pricci, Buckhead Diner, Aria, Antica Posta, Corner Café, Fogo de Chao and many more.

For more information and to view this featured property listing, please visit:
http://www.realup.com/3098piedmontrd]]>
Our featured property of the week is brought to you by Ashley Parker of Richard Bowers & Company, a TCN Worldwide affiliate.

The property for lease is a 984 – 20,000 sq.ft. office space located in the heart of Buckhead in Atlanta, Georgia. There is a full 10,000 sq.ft. floor available as well as a 150 Kilowatt generator.

This Piedmont Court property is centrally located in Buckhead and is equipped with free parking, on-site management, and property entrances and exits on Piedmont Drive, East Paces Ferry Road and Maple Drive.

There is immediate access to I-85, GA-400, Buckhead and Midtown. The property is adjacent to Fairfield Inn & Suites and close to Buckhead MARTA Station.

Several restaurants within walking distance include Bone's, Pricci, Buckhead Diner, Aria, Antica Posta, Corner Café, Fogo de Chao and many more.

For more information and to view this featured property listing, please visit:
http://www.realup.com/3098piedmontrd]]>
http://blog.realup.com/blog.asp?bid=127#comments http://blog.realup.com/blog.asp?bid=127
Quantitative Research! Feedback Wanted! http://blog.realup.com/blog.asp?bid=132 http://blog.realup.com/blog.asp?bid=132#comments 12 Feb 2010 16:25:31 -0500 Levi Neely, Customer Service Manager http://blog.realup.com/blog.asp?bid=132 At RealUp, our mission is to listen to what our members are saying so we can continuously enhance our site to include all of the tools, services and data that you need.

We are sending out a new survey for 2010 to gather the thoughts of our users. This survey will allow you to tell us what products you want and how we can do a better job.

Here is a link to the survey:
http://www.surveymonkey.com/s/SBJNH9B

As an incentive to completing the survey, we are giving away free advertising! After the survey ends on February 20th we will be having a random drawing and 5 members will receive FREE email blasts and banner ads! We are giving away over $2,500 in advertising to 5 lucky winners.

We are again using SurveyMonkey to conduct our customer feedback survey. SurveyMonkey has a silly name but is very serious about online customer surveys. Our latest survey will only take a few minutes, and will greatly help us improve our service.

CLICK HERE FOR SURVEY

Once our survey data is compiled and analyzed you can expect to see our website enhanced with new features and services that you find most valuable!

Thanks for your participation!

http://www.surveymonkey.com/s/SBJNH9B]]>
At RealUp, our mission is to listen to what our members are saying so we can continuously enhance our site to include all of the tools, services and data that you need.

We are sending out a new survey for 2010 to gather the thoughts of our users. This survey will allow you to tell us what products you want and how we can do a better job.

Here is a link to the survey:
http://www.surveymonkey.com/s/SBJNH9B

As an incentive to completing the survey, we are giving away free advertising! After the survey ends on February 20th we will be having a random drawing and 5 members will receive FREE email blasts and banner ads! We are giving away over $2,500 in advertising to 5 lucky winners.

We are again using SurveyMonkey to conduct our customer feedback survey. SurveyMonkey has a silly name but is very serious about online customer surveys. Our latest survey will only take a few minutes, and will greatly help us improve our service.

CLICK HERE FOR SURVEY

Once our survey data is compiled and analyzed you can expect to see our website enhanced with new features and services that you find most valuable!

Thanks for your participation!

http://www.surveymonkey.com/s/SBJNH9B]]>
http://blog.realup.com/blog.asp?bid=132#comments http://blog.realup.com/blog.asp?bid=132
Property of the Week http://blog.realup.com/blog.asp?bid=126 http://blog.realup.com/blog.asp?bid=126#comments 08 Feb 2010 18:03:57 -0500 http://blog.realup.com/blog.asp?bid=126 Our featured property of the week is brought to you by Bob Green of John Dixon & Assoc.

The property is part of an auction of leased and vacant bank branches in NJ, NC, FL & TX on February 16-18.

Selling by order of a national REIT - this property sells at ABSOLUTE AUCTION!

2,158+/-sf on 0.41+/- acre. One floor commercial building. Zoned C-2. Built in 1941. 2009 Taxes: $2,877.23.

Auction Held: Wed, Feb. 17, 11:00am, on-site. Terms: 15% down, must close on or before March 8, 2010. Online bidding available, call for details.

For more information and to view this featured property listing, please visit:
http://www.realup.com/johndixonblackmtnnc]]>
Our featured property of the week is brought to you by Bob Green of John Dixon & Assoc.

The property is part of an auction of leased and vacant bank branches in NJ, NC, FL & TX on February 16-18.

Selling by order of a national REIT - this property sells at ABSOLUTE AUCTION!

2,158+/-sf on 0.41+/- acre. One floor commercial building. Zoned C-2. Built in 1941. 2009 Taxes: $2,877.23.

Auction Held: Wed, Feb. 17, 11:00am, on-site. Terms: 15% down, must close on or before March 8, 2010. Online bidding available, call for details.

For more information and to view this featured property listing, please visit:
http://www.realup.com/johndixonblackmtnnc]]>
http://blog.realup.com/blog.asp?bid=126#comments http://blog.realup.com/blog.asp?bid=126
Appraising The Situation http://blog.realup.com/blog.asp?bid=128 http://blog.realup.com/blog.asp?bid=128#comments 03 Feb 2010 18:10:44 -0500 http://blog.realup.com/blog.asp?bid=128 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.]]>
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.]]>
http://blog.realup.com/blog.asp?bid=128#comments http://blog.realup.com/blog.asp?bid=128
All the News That Fits http://blog.realup.com/blog.asp?bid=125 http://blog.realup.com/blog.asp?bid=125#comments 30 Jan 2010 11:20:12 -0500 http://blog.realup.com/blog.asp?bid=125 RealUp is a proud advertiser in the New York Times!

The New York Times Online offers a unique Self-Service Advertising program that allows advertisers to create customized pay-per-impression (CPM) ad campaigns online.

As a website, we already spend a large portion of our advertising budget on online advertising through Google, Yahoo, Microsoft, Business.com and others.

With the start of the New Year, we thought we would seize the opportunity to start advertising in one of the most renowned newspapers in the world, the New York Times.

Our campaign on www.NYTimes.com is slightly different than other pay-per-click ads we are running, in that we have actual banner/display ads instead of simple text ads rotating through the Business pages of the Times. Banner ads or display ads are great for building brand awareness for RealUp.

We were thinking outside of the box when designing our Leaderboard ad which is a mock-up of our property search bar. With this ad, we hope to entice visitors to click on the ad which will direct them to the actual commercial property listing search on our website.

With our New York Times campaigns now active, we have all of our tracking in place to be able to successfully monitor the traffic we get from this legendary newspaper. We are excited and honored to be a part of the New York Times!]]>
RealUp is a proud advertiser in the New York Times!

The New York Times Online offers a unique Self-Service Advertising program that allows advertisers to create customized pay-per-impression (CPM) ad campaigns online.

As a website, we already spend a large portion of our advertising budget on online advertising through Google, Yahoo, Microsoft, Business.com and others.

With the start of the New Year, we thought we would seize the opportunity to start advertising in one of the most renowned newspapers in the world, the New York Times.

Our campaign on www.NYTimes.com is slightly different than other pay-per-click ads we are running, in that we have actual banner/display ads instead of simple text ads rotating through the Business pages of the Times. Banner ads or display ads are great for building brand awareness for RealUp.

We were thinking outside of the box when designing our Leaderboard ad which is a mock-up of our property search bar. With this ad, we hope to entice visitors to click on the ad which will direct them to the actual commercial property listing search on our website.

With our New York Times campaigns now active, we have all of our tracking in place to be able to successfully monitor the traffic we get from this legendary newspaper. We are excited and honored to be a part of the New York Times!]]>
http://blog.realup.com/blog.asp?bid=125#comments http://blog.realup.com/blog.asp?bid=125
Property of the Week http://blog.realup.com/blog.asp?bid=124 http://blog.realup.com/blog.asp?bid=124#comments 25 Jan 2010 16:07:55 -0500 http://blog.realup.com/blog.asp?bid=124 Our featured property of the week is brought to you by Julie Seeley of Pyramid Brokerage Company.

The property for sale is a 5,447 sq.ft. office/professional building located in Jamesville, New York. This property is ideally suited for professional or medical use.

The lot size is 145x158 with1,200 Sq.Ft. of open space currently being used by a church.

The property consists of an upstairs apartment that is currently leased month to month for $550/month and a tailor rents the lower level for $650/month.

This former Funeral Home plus 2-story single family home is in a great location near the Jamesville Road exit off Route 481, Dewitt.

For more information and to view this featured property listing, please visit:
http://www.realup.com/pyr113283]]>
Our featured property of the week is brought to you by Julie Seeley of Pyramid Brokerage Company.

The property for sale is a 5,447 sq.ft. office/professional building located in Jamesville, New York. This property is ideally suited for professional or medical use.

The lot size is 145x158 with1,200 Sq.Ft. of open space currently being used by a church.

The property consists of an upstairs apartment that is currently leased month to month for $550/month and a tailor rents the lower level for $650/month.

This former Funeral Home plus 2-story single family home is in a great location near the Jamesville Road exit off Route 481, Dewitt.

For more information and to view this featured property listing, please visit:
http://www.realup.com/pyr113283]]>
http://blog.realup.com/blog.asp?bid=124#comments http://blog.realup.com/blog.asp?bid=124
Industrial Revolution http://blog.realup.com/blog.asp?bid=123 http://blog.realup.com/blog.asp?bid=123#comments 21 Jan 2010 15:16:44 -0500 http://blog.realup.com/blog.asp?bid=123 RealUp provides a free search and post platform for all types of commercial real estate including multifamily, office, medical, entertainment, land, retail and industrial properties.

Industrial property, is defined by the dictionary as property used for industrial purposes.

Types of industrial property include factory-office multiuse , factory-warehouse multiuse, heavy manufacturing buildings, industrial parks, light manufacturing buildings and research and development parks.

RealUp has many users from the industrial property segment. In fact, one of our listing partners, Hart Corporation is an international industrial real estate leader based in Southampton, Pennsylvania. Created in 1963, Hart Corporation specializes in several areas including sales and leasing of manufacturing, warehousing and distribution facilities.

The first factory in the United States was built in 1793 during the Presidential days of George Washington. Samuel Slater, a cotton spinner's apprentice from England built the factory, Slater Mill, which had 72 cotton spindles powered by nine children pushing foot treadles.

RealUp also stays involved in the industrial real estate sector through our professional associations. In fact, we recently joined the National Association of Industrial and Office Properties (NAIOP).

Today you can find hundreds of thousands of the most technologically advanced factories for sale and for lease nationwide on the internet with websites like RealUp.com. We have certainly come a long way since foot treadles!]]>
RealUp provides a free search and post platform for all types of commercial real estate including multifamily, office, medical, entertainment, land, retail and industrial properties.

Industrial property, is defined by the dictionary as property used for industrial purposes.

Types of industrial property include factory-office multiuse , factory-warehouse multiuse, heavy manufacturing buildings, industrial parks, light manufacturing buildings and research and development parks.

RealUp has many users from the industrial property segment. In fact, one of our listing partners, Hart Corporation is an international industrial real estate leader based in Southampton, Pennsylvania. Created in 1963, Hart Corporation specializes in several areas including sales and leasing of manufacturing, warehousing and distribution facilities.

The first factory in the United States was built in 1793 during the Presidential days of George Washington. Samuel Slater, a cotton spinner's apprentice from England built the factory, Slater Mill, which had 72 cotton spindles powered by nine children pushing foot treadles.

RealUp also stays involved in the industrial real estate sector through our professional associations. In fact, we recently joined the National Association of Industrial and Office Properties (NAIOP).

Today you can find hundreds of thousands of the most technologically advanced factories for sale and for lease nationwide on the internet with websites like RealUp.com. We have certainly come a long way since foot treadles!]]>
http://blog.realup.com/blog.asp?bid=123#comments http://blog.realup.com/blog.asp?bid=123
Property of the Week http://blog.realup.com/blog.asp?bid=122 http://blog.realup.com/blog.asp?bid=122#comments 18 Jan 2010 12:13:34 -0500 http://blog.realup.com/blog.asp?bid=122 Our lastest featured property is from Dean Saunders of Coldwell Banker Commercial – Saunders Real Estate.

The property for sale is 180 acres of industrial land located in Lakeland, Florida.

Centrally located between Tampa & Orlando, this property is a great investment opportunity for industrial, business park, convenience center and more.

There is easy access to high-traffic corridors, I-4 and US Hwy 92. Industrial development uses are warranted.

There is access to City of Lakeland utilities within 2,600 ft., 8" water line along Main Street and 24" water line along Reynolds Road.

For more information and to view this featured property listing, please visit:
http://www.realup.com/2600saludaroad]]>
Our lastest featured property is from Dean Saunders of Coldwell Banker Commercial – Saunders Real Estate.

The property for sale is 180 acres of industrial land located in Lakeland, Florida.

Centrally located between Tampa & Orlando, this property is a great investment opportunity for industrial, business park, convenience center and more.

There is easy access to high-traffic corridors, I-4 and US Hwy 92. Industrial development uses are warranted.

There is access to City of Lakeland utilities within 2,600 ft., 8" water line along Main Street and 24" water line along Reynolds Road.

For more information and to view this featured property listing, please visit:
http://www.realup.com/2600saludaroad]]>
http://blog.realup.com/blog.asp?bid=122#comments http://blog.realup.com/blog.asp?bid=122
Advertising Opportunities http://blog.realup.com/blog.asp?bid=120 http://blog.realup.com/blog.asp?bid=120#comments 07 Jan 2010 13:31:54 -0500 http://blog.realup.com/blog.asp?bid=120 With over 20,000 visitors and over 125,000 pageviews each month, RealUp has experienced tremendous growth.

Now is the time to advertise on RealUp, the fastest growing commercial real estate listing website in the nation.

RealUp offers several advertising and sponsorship opportunities. We can also custom tailor a marketing solution to fit your needs.

Advertising options include banner ads, email blasts, and exclusive sponsorships. Bulk discounts and advertising packages are also available.

Please click here to learn more or contact us to get started today.]]>
With over 20,000 visitors and over 125,000 pageviews each month, RealUp has experienced tremendous growth.

Now is the time to advertise on RealUp, the fastest growing commercial real estate listing website in the nation.

RealUp offers several advertising and sponsorship opportunities. We can also custom tailor a marketing solution to fit your needs.

Advertising options include banner ads, email blasts, and exclusive sponsorships. Bulk discounts and advertising packages are also available.

Please click here to learn more or contact us to get started today.]]>
http://blog.realup.com/blog.asp?bid=120#comments http://blog.realup.com/blog.asp?bid=120
Property of the Week http://blog.realup.com/blog.asp?bid=121 http://blog.realup.com/blog.asp?bid=121#comments 04 Jan 2010 13:32:05 -0500 http://blog.realup.com/blog.asp?bid=121 Our featured property of the week is a commercial property auction brought to you by John Dixon & Associates.

The auction will be held at John Dixon & Associates’ auction facility at 200 Cobb Parkway North, Suite 118, Marietta, Georgia on Thursday, January 21 at 2:00 p.m.

Three newly developed three-story multi-tenant office buildings; slab on grade; fieldstone and face brick exterior walls with interior wood frame backed with plywood; roofs are hip with architectural asphalt shingles; typical office finish assumed with commercial grade carpet, sheetrock insulated walls and suspended ceiling; forced heat and central air conditioning; surface asphalt parking and good quality landscaping.

The site is improved with an office complex consisting of three buildings and related site improvements completed in January 2009 which still require tenant improvements. The three buildings are near identical, each containing the same building gross areas.

The gross and rentable areas are 57,933 and 55,287 square feet, respectively. Based on the information furnished to the appraisers, as well as discussion with on-site personnel, construction details are summarized:
  • Foundation/Floors: Reinforced concrete slab floor at grade; concrete perimeter footings; upper floors are concrete over metal decking.
  • Frame: Structural steel interior frame with wood frame exterior walls.
  • Exterior Walls: First level is fieldstone over plywood backup; upper levels are brick over plywood backup.
  • Roof: Hip design, with architectural asphalt shingles over wood deck; gutters and downspouts.
  • Windows: Tempered fixed double pane in anodized frames.
  • Doors: Exterior doors are tempered glass in anodized frames; solid core wood interior doors.
  • HVAC: Electric with central heat and air conditioning, zoned for each floor.
  • Plumbing/Electrical: Building wired for data and security and is sprinkler protected.
  • Parking: Asphalt paved parking, striped for 184 vehicles.

For more information and to view this featured property listing, please visit:
http://www.realup.com/villageatwoodstock]]>
Our featured property of the week is a commercial property auction brought to you by John Dixon & Associates.

The auction will be held at John Dixon & Associates’ auction facility at 200 Cobb Parkway North, Suite 118, Marietta, Georgia on Thursday, January 21 at 2:00 p.m.

Three newly developed three-story multi-tenant office buildings; slab on grade; fieldstone and face brick exterior walls with interior wood frame backed with plywood; roofs are hip with architectural asphalt shingles; typical office finish assumed with commercial grade carpet, sheetrock insulated walls and suspended ceiling; forced heat and central air conditioning; surface asphalt parking and good quality landscaping.

The site is improved with an office complex consisting of three buildings and related site improvements completed in January 2009 which still require tenant improvements. The three buildings are near identical, each containing the same building gross areas.

The gross and rentable areas are 57,933 and 55,287 square feet, respectively. Based on the information furnished to the appraisers, as well as discussion with on-site personnel, construction details are summarized:
  • Foundation/Floors: Reinforced concrete slab floor at grade; concrete perimeter footings; upper floors are concrete over metal decking.
  • Frame: Structural steel interior frame with wood frame exterior walls.
  • Exterior Walls: First level is fieldstone over plywood backup; upper levels are brick over plywood backup.
  • Roof: Hip design, with architectural asphalt shingles over wood deck; gutters and downspouts.
  • Windows: Tempered fixed double pane in anodized frames.
  • Doors: Exterior doors are tempered glass in anodized frames; solid core wood interior doors.
  • HVAC: Electric with central heat and air conditioning, zoned for each floor.
  • Plumbing/Electrical: Building wired for data and security and is sprinkler protected.
  • Parking: Asphalt paved parking, striped for 184 vehicles.

For more information and to view this featured property listing, please visit:
http://www.realup.com/villageatwoodstock]]>
http://blog.realup.com/blog.asp?bid=121#comments http://blog.realup.com/blog.asp?bid=121
2010 http://blog.realup.com/blog.asp?bid=118 http://blog.realup.com/blog.asp?bid=118#comments 01 Jan 2010 02:17:47 -0500 http://blog.realup.com/blog.asp?bid=118 "Be always at war with your vices, at peace with your neighbors, and let each New Year find you a better man."

- Benjamin Franklin]]>
"Be always at war with your vices, at peace with your neighbors, and let each New Year find you a better man."

- Benjamin Franklin]]>
http://blog.realup.com/blog.asp?bid=118#comments http://blog.realup.com/blog.asp?bid=118
Now Hiring! http://blog.realup.com/blog.asp?bid=119 http://blog.realup.com/blog.asp?bid=119#comments 29 Dec 2009 19:39:49 -0500 http://blog.realup.com/blog.asp?bid=119 RealUp is now hiring a new Sales Representative / Account Executive. This position is based at our headquarters in Raleigh, NC.

We are seeking an experienced sales person to manage accounts, develop leads, cold-call and close sales. Additional duties may include marketing, public relations, and maybe even blogging.

Candidates must have 2-5 years of sales experience and real estate experience is a plus. Great customer service abilities and proven sales skills are a must. We offer a great base salary plus high commission and competitive benefits.

Please see our job posting on Craigslist for more information and to apply: http://raleigh.craigslist.org/sls/1529546036.html]]>
RealUp is now hiring a new Sales Representative / Account Executive. This position is based at our headquarters in Raleigh, NC.

We are seeking an experienced sales person to manage accounts, develop leads, cold-call and close sales. Additional duties may include marketing, public relations, and maybe even blogging.

Candidates must have 2-5 years of sales experience and real estate experience is a plus. Great customer service abilities and proven sales skills are a must. We offer a great base salary plus high commission and competitive benefits.

Please see our job posting on Craigslist for more information and to apply: http://raleigh.craigslist.org/sls/1529546036.html]]>
http://blog.realup.com/blog.asp?bid=119#comments http://blog.realup.com/blog.asp?bid=119
Property of the Week http://blog.realup.com/blog.asp?bid=117 http://blog.realup.com/blog.asp?bid=117#comments 28 Dec 2009 15:12:14 -0500 http://blog.realup.com/blog.asp?bid=117 Our featured property of the week is brought to you by Bill Adams of Coldwell Banker Commercial – Las Colinas.

The property for sale is an 8,536 sq.ft. office property located in Albuquerque, New Mexico.

This is an owner occupied/investment property with a 2,575 sq.ft. suite for the owner or second tenant.

The building is designed for two tenants each having a private entrance and an adjoining 50 car parking lot.

The vacant office (now occupied by the owner who will vacate) faces San Mateo. The new tenant has five year lease that will run through 2014.

This office building is located on the corner of San Mateo and Copper where over 33,000 vehicles travel through the intersection each day.

This location is one block north of Central and allows for easy access as it is on major east/west and north/south streets. There is excellent public transportation for your client.

For more information and to view this featured property listing, please visit:
http://www.realup.com/cbc112715]]>
Our featured property of the week is brought to you by Bill Adams of Coldwell Banker Commercial – Las Colinas.

The property for sale is an 8,536 sq.ft. office property located in Albuquerque, New Mexico.

This is an owner occupied/investment property with a 2,575 sq.ft. suite for the owner or second tenant.

The building is designed for two tenants each having a private entrance and an adjoining 50 car parking lot.

The vacant office (now occupied by the owner who will vacate) faces San Mateo. The new tenant has five year lease that will run through 2014.

This office building is located on the corner of San Mateo and Copper where over 33,000 vehicles travel through the intersection each day.

This location is one block north of Central and allows for easy access as it is on major east/west and north/south streets. There is excellent public transportation for your client.

For more information and to view this featured property listing, please visit:
http://www.realup.com/cbc112715]]>
http://blog.realup.com/blog.asp?bid=117#comments http://blog.realup.com/blog.asp?bid=117