Why Recently Sold Feature on Realmo is a Leap Forward for the U.S. CRE Market
Every CRE player understands the pain of hitting paywalls while in search of reliable information on recent commercial real estate sales. Whether you’re an investor, a tenant, or a buyer, there is virtually no easily accessible real-time data – let alone an entire platform that makes such monitoring possible.
At least, there wasn’t, until Realmo pioneered free access to one of the key CRE insights and introduced a Recently Sold feature.
What’s the Deal?
The all-new section of the platform employs Realmo’s proprietary AI-powered engine to parse multiple commercial real estate databases across the U.S. market in real time. This brings unprecedented transparency to the time-consuming, and often confusing process of researching CRE properties.
There’s more. Realmo has implemented smart filters to simplify property lookup even further. You can search by location, price, legal basis, date of sale, and even prior and current owners. This new flexible sorting mechanism allows CRE investors, buyers, and other market actors to make better – and faster – commercial decisions.
How Does it Work?
The market-disrupting Recently Sold feature became a reality thanks to Realmo’s suite of custom AI tools that aggregate thousands of data points and make smart forecasts. Among the most insightful features that our users love are:
- Property valuation for smart price estimation;
- Cap rate-based income modeling for reliable business potential evaluation;
- Comparable sales analysis for making informed financial decisions;
- Alternative use scenarios for choosing lucrative business models;
- Comprehensive location intelligence for in-depth overview of the area.
For the first time ever, the U.S. commercial real estate market can benefit from both state-of-the-art AI capabilities and free, unlimited access to the property details. That includes Recently Sold, arguably one of the most sought-after CRE insights.
No other platform can offer you this.
What Does it Mean for the CRE Market?
The Recently Sold feature is a major leap forward not just for Realmo but for the entire CRE market. We believe that all core commercial property insights should be publicly available so anyone could make smarter financial decisions. Legacy platforms will have no other choice but to follow Realmo’s lead thus making easy access to reliable information a new norm.
If you haven’t tried Realmo’s Recently Sold feature yet, explore it now.