A T, Both Buyer and Seller in Los Angeles, CA

Are there any best resources to up to date listings for commercial properties other than LoopNet?

Asked by A T, Los Angeles, CA Wed Oct 9, 2013

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5
TRY THE MLS "CARETS" , 42FLOORS, AND CIMLS.COM
0 votes Thank Flag Link Sat Oct 12, 2013
Commercial Brokers have their own exclusive sources for listing Commercial Properties. LoopNet is not one of those.
The sites we use are membership only and they are very expensive. Your listing would be included on Commercial sites once you have a listing agreement in place with a Commercial Realtor.
CoStar is one of the sites and there are others. Some are strictly for the use of the particular brokerage, but again the property has to be listed by them.
0 votes Thank Flag Link Thu Oct 10, 2013
Co-Star and Loopnet are the two big sites for commercial real estate. Loopnet is free to search, Co-star is not, but Co-star has far more information than does loopnet, and all of their listings are confirmed as genuine written listings. A large percentage of the listings in Loopnet are pocket listings at best. In many cases they are not even pocket listings wherein the owners of the property don't know they have been entered in Loopnet and may have no intention of selling. Agents enter those "listings in order to get clients. The MLS is primarily residential and has almost no commercial listings. If you are lookings to lease in a particular area, you should drive around that area looking for signs on properties or in windows. Some commercial agents, particularly leasing agents, just rely on large signage on the property, their website and perhaps some advertising, but don't enter the listing anywhere. Drive the area and take notes. If you are an agent, and find a sign on a property, be sure to ask the listing agent if he cooperates. Some don't.
0 votes Thank Flag Link Wed Oct 9, 2013
Yep...Loopnet is the best. You can also drive the area you want to be in and write down the contact info on the signs. Costar is the other commercial site.

Sometimes you can find listings on craigslist too...but you have to be careful...there are lots of scams there.

Good luck!

Kat
0 votes Thank Flag Link Wed Oct 9, 2013
LoopNet is the best. Other sites (MLS, Realtor) may have a smattering of commercial listings, but none of them are anywhere near as complete.
0 votes Thank Flag Link Wed Oct 9, 2013
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