Archives 2021

Part IIIn Part I, we provided tips on how to project the appreciation of a commercial real estate property; however, it is just a byproduct of good underwriting/investment fundamentals and exogenous variables. While price appreciation cannot be completely guaranteed, depreciation of real estate is more of a tactic or strategy. This week, we will look at strategic decisions real estate investors should make throughout the lifespan of an investment. One of the most common strategies to managing a real estate investment portfolio is the exercise of depreciation. Reasons to Consider a Depreciation StrategyBefore we deep-dive into the nuances of calculating the depreciation of a CRE property, you should understand why it is so important. Depreciation offers multiple benefits, but the primary reason for executing this strategy is for tax deductions. Here’s some other tax saving strategies. To get more granular, depreciation deductions reduce your taxable income while your cash flow remains the same. Many even consider depreciation to be just as important as the cash income and potential increase in market value that a property generates. The deductions can even lead to a favorable change in the investor’s tax bracket.Key Items Investors Need to KnowNow that you understand the benefits, what else is important to know when it comes to calculating the depreciation of your property? To start, keep in mind that the larger the investment, the greater the amount of depreciation. Also, the “useful life” of the property does not include the land, just the building and improvements. The Internal Revenue Service (IRS) created the standard depreciation period for CRE to be “fully depreciated” after 39 years. Straight-line Depreciation MethodSo, how do you calculate it? The straight-line depreciation method describes the formula that determines how much a specific asset “loses value” in one year, and then depreciates the asset by that amount each year thereafter. This approach assumes a constant rate (or straight-line) of depreciation. Here is an example to illustrate the process:Value of building (excluding land): $2 millionDeductible annual depreciation: $2 million / 39 years = $51,282.05Taxable income: $250,000/year — $51,282.05 (depreciation) = $198,717.95 As mentioned, these calculations can even cause you to fall under a different tax bracket if you take the time to make these deductions. In fact, in the example above, the investor would go from the 35% tax bracket down to 32%.Cost SegregationAnother useful tool for this topic is cost segregation, or accelerated depreciation. This is essentially a strategic tax planning tool that allows you to increase cash flow by accelerating depreciation deductions and deferring both federal and state income taxes. The ultimate goal is to determine all property-related costs that could be depreciated over five, seven, and 15 years. For example, certain electrical outlets for kitchen appliances or computers could be depreciated over five years.Depreciation Recapture If the property is sold for a gain, this tax provision can be exercised by the IRS to collect on the asset that the owner had previously used depreciation deductions to offset their taxable income. The depreciation recapture is calculated by taking the adjusted cost basis of the asset compared to the sale price of the asset. The gain realized upon selling the property must be reported on IRS Form 4797 as ordinary income for tax purposes. Depreciation recaptures on real estate property gains are capped at a maximum of 25% (2019). When it comes to CRE, depreciation deductions are strategic moves that should be held at a high level of importance when it comes to reducing your taxable income. Keep these items in mind and it will pay off.

Our research team releases regular monthly housing trends reports. These reports break down inventory metrics like the number of active listings and the pace of the market. In light of the ongoing COVID-19 pandemic, we want to give readers more timely weekly updates.  Generally, you can look forward to a Weekly Housing Trends View near the end of each week along with a weekly video update from our economists. Here’s what the housing market looked like over the last week.

We’re now at a period where the year ago comparisons we’re making are against the early days of the pandemic when the real estate market, like many of the sectors of the economy, largely hit pause. When comparing today’s frenzied market to last year’s frozen market, the differences are going to be large. While home prices never declined, they were flat this time last year, which is one of the reasons we’re seeing home prices register such large gains compared to that time. A similar story plays out for new listings. In sum, the housing market remains competitive and while the new listings trend is an optimistic sign for hopeful buyers, they still face a challenging market. Fortunately, we are seeing more usual seasonal trends in the housing market this year, and that means we’ll likely see a big pick-up in the number of options for buyers as we move toward summer. For sellers, getting in early optimizes odds of a quick sale at a good price before there’s too much competition, but that means acting to list now–the best time to sell a home is next week.

Weekly Housing Trends Key Findings

Key Findings:

• Median listing prices grew at 18.7 percent over last year, marking 35 consecutive weeks of double-digit price growth. In the second half of 2020, buyers could handle higher prices without batting an eye thanks to falling mortgage rates which meant falling monthly payments even as prices rose, but this may soon change. The monthly payment for the median priced home increased $100 in the last month thanks to soaring home prices and now climbing mortgage rates. On top of this, although they remain historically low, mortgage rates are expected to increase further later in the year. Thus, affordability will be a growing challenge for home buyers in the months ahead, as prices and rates both climb.
• New listings–a measure of sellers putting homes up for sale–notched a 36 percent gain compared to this time last year following last week’s 7 percent drop. As we compare to the early days of the pandemic when the spring home buying season was disrupted, we expect to see some big numbers ahead for gains in new listings. This is not only expected, it’s needed. The housing market is still relatively under supplied, and buyers can’t buy what’s not for sale. Relative to what we saw in 2017 to 2019, March 2021 was still roughly 117,000 new listings lower, adding to the pre-existing early-year gap of more than 200,000 fresh listings that would typically have come to market in January or February. As the weather warms, the key weeks for selling activity are still ahead of us, and we expect to see more new listings growth. 
• Total active inventory showed a smaller decline for the first time since November 2020, but it remains 53 percent below this time last year. The total number of homes actively available for sale continues to be less than half of what we saw last year, and we’re measuring from somewhat lower early-pandemic levels. However, a bounce back in new sellers as we move into the heart of home selling season is a welcome sign for buyers and one of several contributors to a smaller decline in homes actively for sale this week. 
• Time on market was 18 days faster than last year.  Thanks to competitive market dynamics, home buyers have to move quickly to submit offers early enough for consideration by potential sellers. These fast moving conditions can be challenging, especially for first-time home buyers.  Roughly half of potential first-time home buyers reported falling in love with a home but not successfully purchasing it.  Among these buyers, roughly 4 in 5 of them cited getting outbid or unaffordability as the reason they didn’t buy the home they loved.

Data Summary

Recent Weeks:

All Changes year-over-year	First 2 Weeks March 2020	Week ending Mar 27 2021	Week ending Apr 3 2021	Week ending Apr 10 2021
Median Listing Prices	+4.5%	+17.2%	+17.2%	+18.7%
New Listings	+5%	+6%	-7%	+36%
Total Listings	-16%	-53%	-54%	-53%
Time on Market	4 days faster	9 days faster	12 days faster	18 days faster

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You can download weekly housing market data from our data page.

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Weekly Housing Trends View — Data Week April 10, 2021

Our research team releases regular monthly housing trends reports. These reports break down inventory metrics like the number of active listings and the pace of the market. In light of the ongoing COVID-19 pandemic, we want to give readers more timely weekly updates.  Generally, you can look forward to a Weekly Housing Trends View near the end of each week along with a weekly video update from our economists. Here’s what the housing market looked like over the last week.

After increasing last week for the first time in 2021, new listings were down again, highlighting the up and down progress on the road to a more normal housing market. We’re still far from reaching “normal” thanks to continued strong buyer interest far outstripping the availability of homes for sale. While this creates challenges for buyers who have to act fast and be prepared to offer a lot, these conditions put sellers in a strong position.

Weekly Housing Trends Key Findings

Key Findings:

• Median listing prices grew at 17.2 percent over last year, marking 34 consecutive weeks of double-digit price growth. Monthly payments increased $100 in the last month thanks to soaring home prices and now climbing mortgage rates. The monthly payment for an 80% loan for the typical listing hit $1,260 in March, matching the previous peaks that we saw in both fall 2018 and spring 2019. Although they remain historically low, mortgage rates are rising and are expected to increase further later in the year, thus affordability will be a growing challenge for home buyers in the months ahead, especially first-time buyers who don’t have home equity to tap into.  
• New listings–a measure of sellers putting homes up for sale–had a 7 percent drop compared to this time last year, slipping after last week’s 6 percent gain. In a sign of the pandemic’s continued impact, seller trends are up and down this spring. Relative to what we saw in 2017 to 2019, March 2021 was still roughly 117,000 new listings lower, adding to the pre-existing early-year gap of more than 200,000 fresh listings that would typically have come to market in January or February. As the weather warms, the key weeks for selling activity are still ahead of us, and we expect to see more new listings growth, but we are watching rising COVID case numbers as a possible risk to that projection. 
• Total active inventory continues to decline, dropping 54 percent. Because homes are selling faster and seller motivation continues to lag behind that of buyers, the total number actively available for sale at any point in time continues to drop leading to limited availability of homes and competitive conditions for home shoppers. 
• Time on market was 12 days faster than last year.  As buyers seek to stand out in a competitive environment and find a home so that they can lock-in still relatively low mortgage rates, many are submitting offers quickly. These fast moving conditions are likely a contributing factor to the time first-time home buyers take just planning to enter the housing market–over 40% of first-time homebuyers said they spent a year planning to buy a home.

Data Summary

Recent Weeks:

All Changes year-over-year	First 2 Weeks March 2020	Week ending Mar 20 2021	Week ending Mar 27 2021	Week ending Apr 3 2021
Median Listing Prices	+4.5%	+15.6%	+17.2%	+17.2%
New Listings	+5%	-14%	+6%	-7%
Total Listings	-16%	-52%	-53%	-54%
Time on Market	4 days faster	8 days faster	9 days faster	12 days faster

You can download weekly housing market data from our data page.

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Weekly Housing Trends View — Data Week April 3, 2021

Our research team releases regular monthly housing trends reports. These reports break down inventory metrics like the number of active listings and the pace of the market. In light of the ongoing COVID-19 pandemic, we want to give readers more timely weekly updates.  Generally, you can look forward to a Weekly Housing Trends View near the end of each week along with a weekly video update from our economists. Here’s what the housing market looked like over the last week.

The housing market continues to be competitive for buyers resulting in higher home prices and quick-selling homes. One bright spot for buyers is new listings increased for the first time this year, and more is likely ahead in upcoming weeks as we move into the heart of home selling season. More listings should give buyers more options, but this good news is somewhat tempered by higher mortgage rates, which will increase the monthly cost of those homes even if price gains slow.

Weekly Housing Trends Key Findings

Key Findings:

• Median listing prices grew at 17.2 percent over last year, marking 33 consecutive weeks of double-digit price growth. Monthly payments increased $100 in the last month thanks to soaring home prices and now climbing mortgage rates. The monthly payment for an 80% loan for the typical listing hit $1,260 in March, matching the previous peaks that we saw in both fall 2018 and spring 2019. Although they remain historically low, mortgage rates are rising and are expected to increase further later in the year, thus affordability will test buyer demand in the months ahead and likely help slow the pace of price growth.  
• New listings–a measure of sellers putting homes up for sale–notched a 6.3 percent gain compared to this time last year. In the early weeks of the pandemic, sellers–as measured by the new listings trend–were the first to respond to evolving conditions. Thus, while the year over year improvement is welcome, we’re comparing against a low year-ago base. Relative to what we saw in 2017 to 2019, March 2021 was still roughly 117,000 new listings lower, adding to the pre-existing early-year gap of more than 200,000 fresh listings that would typically have come to market in January or February. As the weather warms, the key weeks for selling activity are still ahead of us, and we expect to see more new listings growth, but we are watching rising COVID case numbers as a possible risk to that projection. 
• Total active inventory continues to decline, dropping 53 percent. Because homes are selling quickly and seller activity continues to lag, the total number actively available for sale at any point in time continues to decline leading to scarce options and competitive conditions for home shoppers. 
• Time on market was 8 days faster than last year.  Whether they are aiming to capitalize on low mortgage rates before they disappear or gain a competitive edge by submitting the first offer, today’s buyers are acting fast and homes are selling faster as a result. These fast moving conditions are likely a contributing factor to the time first-time home buyers take just planning to enter the housing market–over 40% of first-time homebuyers said they spent a year planning to buy a home.

Data Summary

Recent Weeks:

All Changes year-over-year	First 2 Weeks March 2020	Week ending Mar 13, 2021	Week ending Mar 20, 2021	Week ending Mar 27, 2021
Median Listing Prices	+4.5%	+14.2%	+15.6%	+17.2%
New Listings	+5%	-24%	-14%	+6%
Total Listings	-16%	-51%	-52%	-53%
Time on Market	4 days faster	7 days faster	8 days faster	9 days faster

You can download weekly housing market data from our data page.

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Weekly Housing Trends View — Data Week March 27, 2021

Our research team releases regular monthly housing trends reports. These reports break down inventory metrics like the number of active listings and the pace of the market. In light of the ongoing COVID-19 pandemic, we want to give readers more timely weekly updates.  Generally, you can look forward to a Weekly Housing Trends View near the end of each week along with a weekly video update from our economists. Here’s what the housing market looked like over the last week.

Buyers are flooding the housing market early in the year, as they have in the last few years, eager to find a home of their own. With plenty of buyers and not as many sellers, homes are selling fast at prices much higher than this time last year. Seller activity typically picks up as we approach May, and the data suggest this may be ahead, welcome news for homebuyers.

Weekly Housing Trends Key Findings

Key Findings:

• Median listing prices grew at 14.2 percent over last year, notching 31 consecutive weeks of double-digit price growth. The market continues to see home prices soar for two reasons. First, because there are many buyers and few sellers. The way free markets balance scarce supply with high demand is with rising prices. Second, low mortgage rates meant that although the sticker price of homes is much higher, the monthly costs had not risen much, although that is changing as rates rise. The monthly principal and interest payment on the typical listing in January and February 2020 was $1,070 and $1,095, respectively. In 2021, monthly payments were $50 and $100 more, totaling $1,120 and $1,200, respectively. Additionally, although they remain low, mortgage rates have begun to increase and are expected to rise further later in the year, thus affordability will test buyer demand in the months ahead and likely help slow the pace of price growth.  
• New listings–a measure of sellers putting homes up for sale–continue to fall behind the year ago pace, registering 24 percent lower this week. Although they remain below the year ago pace, we saw some week to week growth in the number of sellers that’s typical of this time of year, and we expect more ahead. While competitive conditions have drawn buyers out early in recent years, excepting 2020, the first weeks of May have historically been when we see the biggest numbers of sellers put their homes up for sale. Thanks to the post-holiday COVID surge and severe winter weather, we’re starting the year behind–missing more than 200,000 fresh listings that would typically have come to market in January or February. Put another way, the key weeks for selling activity are still ahead of us and we’ll need to see more new listings growth to see healthy sales activity this spring. 
• Total active inventory continues to decline, dropping 51 percent. Because homes are selling quickly, the total number actively available for sale at any point in time continues to decline. 
• Time on market was 7 days faster than last year.  While COVID adjustments have increased the time it takes to do many things, putting an offer on a home is not one of them. Buyers in today’s market must be prepared to submit an offer fast in order for sellers to consider it.

Data Summary

Recent Weeks:

All Changes year-over-year	First 2 Weeks March 2020	Week ending Feb 27	Week ending Mar 6	Week ending Mar 13
Median Listing Prices	+4.5%	+14.0%	+14.3%	+14.2%
New Listings	+5%	-27%	-27%	-24%
Total Listings	-16%	-50%	-51%	-51%
Time on Market	4 days faster	6 days faster	6 days faster	7 days faster

You can download weekly housing market data from our data page.

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Bitcoin has recently been in the news between its record-setting gains, corporate purchases by companies such as Tesla, and several investment firms discussing its merits. What is Bitcoin, and should you, as an investment real estate owner, sell and buy Bitcoin?

This should no way be construed as investment advice. Bitcoin is a speculative and volatile investment, while selling investment real estate will result in substantial tax ramifications.

What is Bitcoin?

There are mysteries of the founder of Bitcoin, who is said to be Satoshi Nakamoto. No one knows the person or where they may be located. Many believe it is actually a pseudonym of a different person, group of people, or government entity.

Bitcoin is a cryptocurrency, or an electronic version of value, that uses the blockchain to verify and store ownership and transactions. Bitcoin has several merits, such as anonymity and ease of exchange, but can be easily stolen if not stored property and is extremely volatile in price.

In 2011, Bitcoin was around $1.00 per coin. Today it fluctuates in the $50,000 range. If you purchased $1,000 of Bitcoin in 2011, it would have a value of $50,000,000 today.

Selling your investment real estate.

Let’s use the example of a strip center purchased in 2011 for $650,000. This investment could be sold today for $2,000,000. In this example, we are looking at a snapshot in time. In reality, the owner’s income and tax benefits over the last decade will not be addressed in this example.

Knowing all the details is important, so the owner has a loan with a current balance of $500,000. They are in the 15 percent federal and 9.3 percent state tax brackets. The net adjusted basis after capital improvements and accumulated depreciation is $875,000.

Selling would result in total taxes (federal, state, and depreciation recapture) of $245,500, leaving after-tax equity of $1,129,500. This is the cash the owner will pocket after taxes, loan payoff, and sale expenses.

It is all in the timing.

This article intends to compare a proven and solid investment such as commercial real estate to a speculative investment such as Bitcoin. I need to mention there are merits to cryptocurrency as an investment and its use, but Bitcoin may not be the one for you. Other cryptocurrencies have a better use case and may prove to be a better investment.

Purchasing Bitcoin in 2011 had much uncertainty involved. Today, many corporations and institutional investors may make it appear like the go-to investment, but your research is important.

In my example, they essentially doubled their investment in ten years, which is not too bad. Plus, they had income and tax benefits along the way. A 1031 like-kind exchange may have been a better option for the investor as they could essentially have had $1,375,000 to use to acquire another property. Using leverage, this could be an acquisition in the range of $5,500,000.

Commercial real estate is my investment of choice. Still, it is good to have a diversified portfolio, and the right cryptocurrency could prove extremely profitable.

Burt M. Polson is the CEO of ACRESinfo.com, a commercial real estate brokerage company, and CEO of StoneMarkerInvestments.com, a private equity real estate fund. Call him at (707) 254-8000 or email burt@acresinfo.com and burt@stonemarkerinvestments.com.

Should you sell your investment real estate and buy Bitcoin?

Given the social impact of COVID-19 and other recent worldwide events, it is no surprise that investors seek medical office buildings as a bankable, essential asset class. In addition to the relative stability these investments offer, the number of outpatient centers across the U.S. continues to increase as patients desire more convenient and more affordable access to healthcare. Here are considerations that make medical office buildings a promising investment.

1. Retention of Tenants is RegularDoctors stay at a location that suits them well because relocating usually results in a loss of 10 to 20 percent of their patient base. Furthermore, with heavy, expensive build out costs, many tenants would prefer not to move after their lease expires. When considering this property type, don’t be deterred by a shorter-term lease. Doctors prefer to renew than relocate provided their landlord is reasonable.
2. Medical Office Building Tenants Usually Maintain Strong CreditAlthough every tenant is unique in their own way, medical office building tenants tend to have strong credit. This is great for attracting other high-credit, long-term tenants as many healthcare providers prefer to be near complementary services. Medical synergy is often the reason medical professionals chose an office location.
3. Rental Rates Are Higher Than a General OfficeSmart buildings are taking over the commercial real estate industry and the healthcare sector is no exception. With changes in medical technology advancements, there could be a higher tenant improvement cost for the build out. Tenant improvements amortized into a lease rate increase the rental rate and the overall building value. In general, rental rates for medical office buildings are usually higher than a general office due to the cost of tenant improvements.
4. Low Risk Factor for the InvestorDepending on the practice size and how many doctors there are, the lease often includes more than one personal guarantee. A personal guarantee is an unsecured guarantee with no specific piece of property to be used as recourse. By having a personal guarantee in a commercial lease contract, the tenant is putting their own personal property at risk. With more guarantees occupying the lease, the risk factor is lower for the investor.
5. Commercial Banks Consider Medical Professionals BankableWhen underwriting a loan, commercial banks want to ensure that the property creates cash flow beyond the mortgage and the investor can cover all operating expenses. Commercial banks often consider medical professionals highly bankable which helps the investor secure a fair market loan.

Tips for Investing in Medical Buildings

Our research team releases regular monthly housing trends reports. These reports break down inventory metrics like the number of active listings and the pace of the market. In light of the developing COVID-19 situation affecting the industry, we want to give readers more timely updates on weekly housing trends. 

Generally, you can look forward to a Weekly Housing Trends View near the end of each week along with weekly coverage of our Housing Market Recovery Index and a weekly video update from our economists. Here’s what the housing market looked like over the last week.

As we move closer to the heart of home buying season, we’re starting to see some relatively promising signs in trends among sellers. While there are still fewer newly listed homes compared to a year ago, the share of newly listed homes is rising meaning that buyers are seeing more fresh listings relative to longer-for-sale homes. Unfortunately, the total number of homes for sale continues to decline meaning fewer overall options for buyers, causing prices to rise, homes to sell quickly, and buyers to show some signs of frustration. While buyer demand growth remains high, it slowed in the last week as some buyers are likely reevaluating their options in light of these tough housing market conditions. 

Weekly Housing Trends Key Findings

Key Findings:

• Median listing prices grew at 12.9 percent over last year, notching the 27th consecutive week of double-digit price growth, easily double the rate we would see in a more normal housing environment. With home shoppers active and sellers still lacking, this upward pressure on prices is likely to remain. Still low mortgage rates in 2021 have helped offset the pain of higher prices, but mortgage rates are expected to rise later in the year, thus affordability is likely to become a top-of-mind consideration for buyers.  Tools like the mortgage calculator can help buyers understand what price and mortgage rate changes mean for their monthly payment.
• New listings–a measure of sellers putting homes up for sale–continue to fall behind the year ago pace, registering 23 percent lower this week. After the upswing in newly listed homes at the end of 2020, new listings have tread a different path in 2021, with large and consistent declines. Despite early weakness, we expect to see new listings grow in March and April as they traditionally do heading into spring, and last year’s extraordinarily low new listings comparison point will mean year over year gains. One other potential bright spot for would-be homebuyers, new construction, which has risen at a year over year pace of 20% or more for the last few months, will provide additional for-sale inventory relief.
• Total active inventory continues to decline, dropping 48 percent. With buyers active in the market and seller participation lagging, homes are selling quickly and the total number actively available for sale at any point in time continues to drop lower. In January as a whole, the number of for sale homes dropped below 600,000.
• Time on market was 11 days faster than last year meaning that quick decisions are still the norm. On the plus side for today’s buyers, this means that the share of fresh listings on the market is slightly greater than it was at this time last year. On the downside, today’s for-sale homes won’t be for sale long, so buyers will need to act fast when they find a home that fits.

Data Summary

	First 2 Weeks March 2020	Week ending Jan 30	Week ending Feb 6	Week ending Feb 13
Median Listing Prices	+4.5% YOY	+13.5% YOY	+12.9% YOY	+12.9% YOY
New Listings	+5% YOY	-21% YOY	-29% YOY	-23% YOY
Total Listings	-16% YOY	-45% YOY	-47% YOY	-48% YOY
Time on Market	4 days faster YOY	10 days faster YOY	10 days faster YOY	11 days faster YOY

You can download weekly housing market data from our data page.

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Weekly Housing Trends View — Data Week February 13, 2021

Las Vegas Retail Market Report

Fourth Quarter 2020 

Inventory
Total retail inventory in the Las Vegas market area amounted to 116,879,711 square feet, up 691,407 square feet from one year ago. There is currently 892,224 square feet under construction.

Sale Activity

In the fourth quarter, 99 retail transactions closed with a total volume of $281,177,118. The 99 buildings totaled 1,009,637 square feet and the average price per square foot equated to $306.55 per square foot. That brings the total for the 2019 calendar year to 302 transactions totaling $656,465,854. The total square footage sold was 2,851,038 square feet for an average price per square foot of $262.10. The average Cap Rate was 5.9%

Tallying all retail building sales.

Mark of a Market.

One of the largest transactions (excluding the resort corridor and specialty properties) that has occurred within the Las Vegas market is the sale of Crossroads Commons at 8825-8975 W. Charleston Blvd, as part of a 2 property portfolio sale. This 157,152 square foot retail building sold for $46,601,546 or $296.54 per square foot. The property sold on 12/23/2020. The Buyer was SF Crossroads, LLC. The Seller was Panther Crossroads Commons LLC.

Fourth Quarter 2020 Las Vegas Retail Market Report

Have you ever started a search on a listing site only to find out that the results are only visible to registered or paying members? Some commercial real estate listing websites require you to register or pay for membership in order to receive an agent’s email address or even simply to get in touch with them. At QuantumListing, we understand how it feels to search for commercial real estate space and, quite literally, reach roadblocks. We understand these pain points; that’s why QuantumListing’s website visitors can search our site completely for free with no paywall or registration required. 

User experience is a high priority at QuantumListing. Our goal is to make it easy for you to get in touch with commercial real estate professionals within the QuantumListing network. To get started, simply go to the QuantumListing home page and fill in the first box that says “Enter Location”  below “Search all our Users’ Listings for Free.”

Tips for Search Success

After you enter the location and click the red search button, there are a variety of ways to proceed. We wanted to share some tips and best practices with you as a guide to your commercial real estate searching success: 

Tip 1: Once you’ve entered your search location and see the initial results, we recommend that you narrow or expand the search by clicking the green SEARCH FILTER button. Expand the location’s radius in order to view a larger selection of listings. This is especially helpful when you search a small town and want to explore the surrounding area. 

For example, when you search Ridgefield, Connecticut (which happens to be the location of QuantumListing’s new headquarters), there are 13 listings. When you expand the radius to 20 miles, there are now almost ten times the amount of listings (126) all within a reasonable driving distance. 

Tip 2: While you can certainly start your search with a particular city in mind, you can also cast a wider net. For example, QuantumListing visitors and members often search one of our 50 U.S. states by simply typing the state name into the search bar and clicking on the first search criteria that populates.

Once you do this, you can narrow down your search by selecting an asset type like Office or Retail. You can also select whether you are looking to rent space or buy. This is also a good place to specify any requirements such as price or square feet.  

When searching at the state level is too wide of a range, you can type a county name and proceed with the same steps as described above! To use our example of Ridgefield again, typing in Fairfield County will bring all the listings within that area. 

Tip 3. Another helpful resource is our state search page, which you can check out by clicking here. From here, you can see all 50 states, which is a great launching point for a search. If you are wondering why many listings and brands are highlighted in green boxes at the top of the search pages, you can find out more by reading about our On Demand Marketing Center. 

Tip 4: A fourth resource for you to start your QuantumListing search is to look at the second box on the homepage underneath where it says “Create a search request and/or get help from a professional.” From here, all you need to do is select the Asset and Trade Type (for example, Office for Lease) from the drop down menus and then you can fill out the form to stay up to date on your search requests!

Once You Click on a Listing, What Do You Do Next?

Once you click on a listing card and go to its detail page, there are several ways to get in touch with the agent. When you first arrive on the listing detail page, a pop-up will appear after 10-15 seconds asking if you would like additional information from the broker. Simply type in your contact information so that the QuantumListing member can contact you directly. They will receive notice that you are interested in their property and our team will also be in touch with them to follow up.

You can also click the blue “Contact the Agent,” button which produces the same pop-up window as described above. From this lead form, you can also subscribe to our email list in order to stay up to date on our weekly email blasts, which include our listings. 

Call or Email the Listing Agent with a Click

Please note that you can call or email the agent directly. In fact, when you click on their email address, a pre-populated email template and message will appear from your computer or phone’s primary email platform.

Lastly, we are firm believers in the power of the network effect which is why we have enabled QuantumListing to sync with social media. When you click the red share button below a listing, you can easily share the listing to Facebook, Twitter, and LinkedIn. Did you know LinkedIn is the Largest Commercial Real Estate Network In The United States?

All of the tips described above show how easy it is for you to get in touch with our network of commercial real estate professionals without even registering for a QuantumListing account.

We look forward to sharing more tools with you in the next post, where we will focus on how to take your commercial real estate search to the next level. Please keep in mind that when you are already logged in to QuantumListing, you can search for listings anytime from the search bar at the top of every page. 

Sneak Preview

You can view all of our members’ active listings without registering for an account. However, the next set of tips will focus on the advantages and features our Basic Members (free registration) and Premium Members get in order to take their commercial real estate search to the next level. To see a preview of this information, hover over the tool list on the right hand side of the listing page to see some of the different mechanisms to help you along the way to finding your next space. 

https://quantumlisting.com/blog/how-to-search-commercial-real-estate-on-quantumlisting