Northern Illinois Commercial Association of REALTORS® to launch a Catylist CIE

We’re excited to welcome our newest CIE client! NICAR’s new CIE will finally give commercial real estate professionals in Northern Illinois a place to share information, including property listings for sale and lease, and access to a historical database of over 80,000 transactions.

Learn more about how a Commercial Information Exchange can benefit your local community, or read on for the full press release:

Northern Illinois Commercial Association of REALTORS® to Launch Catylist Online Listing Service Designed for Commercial Real Estate Professionals

WHEATON, IL (July 7, 2011) – Years of comprehensive review and evaluation of Commercial Information Exchange (CIE) systems has resulted in a contract between the Northern Illinois Commercial Association of REALTORS® (NICAR) and Catylist to bring the nation’s leading CIE offering to the area for commercial real estate professionals. Catylist, whose CIE service is in use throughout the country, is currently developing a locally-branded website and marketing platform for the 200+ members of NICAR.

The new service is scheduled to launch August 1, 2011. The site will connect commercial professionals, owners, tenants and investors looking to buy, sell, and lease commercial properties throughout Northern Illinois and beyond. The public search will also allow the business community to locate professionals by specialty, property type, and market area served.

According to 2011 NICAR President Elect, Dan Cawley, SIOR, “After years of careful investigation and review, the board has determined Catylist will be the host of our long awaited and highly anticipated Information Exchange service. NICAR’s Board is committed to providing the best tools and services available to its members and this decision is a giant step for the Association, affiliates and the consumer of our services. The ability for our members to control and own the information will produce the most accurate resource of its kind available in the marketplace thereby raising each participating member’s ability to serve!”

The online database will operate using Catylist’s exclusive Scenario Search technology, allowing users to refine their search by adding/removing a multitude of real-time filters. The instantaneous search results provide a more efficient means of quickly identifying properties that match a user’s search criteria.

Advanced mapping and aerial tools incorporate varying perspectives from Google Maps, Google Street View, and Microsoft Virtual Earth Bird’s Eye. GIS mapping layers will allow users to overlay population density, household income, and education level on all property searches. Members will also have access to comprehensive demographic reports and local market statistics.

NICAR members will receive a full-featured marketing system with the ability to simultaneously market properties on over 40 websites, promote their expertise, create high-end marketing presentations, communicate with local and national commercial professionals, and access a variety of integrated marketing tools on the member-only side of the website.

About NICAR

The Northern Illinois Commercial Association of REALTORS® (NICAR) is a commercial trade association covering 13 counties in northern Illinois, including Cook, DuPage, Kane, Ogle, DeKalb, Kendall, Lake, McHenry, Kankakee, Grundy, Will, Boone, and Winnebago. NICAR as an organization is the only “voice” that advances the interests of commercial practitioners. NICAR is governed by a committed volunteer board of directors. Members include the most influential and dedicated professionals in commercial real estate, government, mortgage banking, title insurance, building contractors, and other related disciplines.