Catylist Celebrates 10 Years of CIEs
2012 is a big year for us – it’s our 10th anniversary as a company. We’ve gone through a lot over the years, and this milestone is an important one.
We rolled out our first Commercial Information Exchange (CIE) in 2002, shortly after launching a data-sharing platform for members of the CCIM Institute. At the time, the “Catylist Tech Headquarters” was a spare closet in the REALTOR® building in Chicago. Our team doubled in size that first year, and by the start of 2003 we’d launched 10 CIEs in markets around the country. We now host over 30 CIEs and Commercial MLS platforms, more than any other provider.
We had a lot to learn in those early days, and we’ll always be grateful to the first two pioneering groups that stuck with us through those growing pains, helping us build the service into what it is today:
“FGCAR was there at the beginning — and it has been a good partnership: a receptive partnership, an innovative partnership, and one that will last because both parties respect and listen to each other. For both our sakes, we wish Catylist many more decades of good service to commercial real estate.”
Lois Kostroski, Executive VP
Florida Gulfcoast Commercial Assoc. of REALTORS®
“Congratulations to Catylist on reaching such a milestone over the past 10 years! Catylist has taken the opportunity to implement many enhancements and exceeded expectations over the years. Thank you for all of your enthusiasm and motivation to adapt to our CIE’s changing needs!”
Carol Quick, CIE Administrator
Pikes Peak Association of REALTORS®
CIEs are more important than ever
We started the company with a belief in a few simple ideas, and looking back it’s nice to see that we’re still on the same path:
- Sharing is Good – Sharing information about commercial property listings ultimately benefits everyone. Owners, tenants, investors, brokers on both sides of the deal – everyone.
- Commercial ≠ Residential – The Residential MLS is no place for commercial property listings. CRE deserves technology dedicated to the complexities of industrial properties, office spaces, shopping centers, etc.
- Data is King – We help communities pool and share their intellectual property. That collection of information is extremely valuable – they should never give up ownership.
- Grassroots > Top Down – Most Commercial Real Estate is done locally and every market is different. It’s better to build a national network of established local communities than to ignore these differences and develop a one-size-fits-all national platform.
As big national services like LoopNet and CoStar consolidate and continue to raise their fees, the CIE movement is more important than ever. All local CRE communities should have access to quality tools and information at an affordable price. For commercial real estate pros, success should be about the level of service you provide, not about how much money you have to spend.
While we’d like to attribute this milestone to our keen vision, business savvy, or true grit, we know that we’re still around because of you, our clients. Thanks again for a decade’s worth of enthusiastic support and thoughtful feedback. Keep it coming.
Here’s to a successful 2012, for all of us in the industry!