Guide to the Best 5 Commercial Real Estate Auction Platforms in 2021

 

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Best 5 Commercial Real Estate Auction Platforms

A well-built commercial real estate platform helps investors, sellers, and brokers to connect seamlessly with each other and make the buying/ selling process simpler than ever before. However, with increasing demands, there are so many different CRE listing platforms on the market, but which is the best? It all depends on your needs. For instance, if you are a broker, you want maximum listing exposure, and if you are an investor, you want to discover the best opportunities every day.

To ease the process, we’ve compiled a list of top commercial real estate websites that can help you achieve results faster. There are some commercial real estate auction platforms that stand out due to their innovative methodology and some due to advanced technology. As we know, all websites are not created equal. Make sure you choose the best as per your needs and enjoy the potential of each feature of the platform.

List of top CRE Auction Platforms that are Leading in 2021

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Ten-X is an end-to-end CRE transaction platform based on an auction format. It has more than 400+ investors and 3530 unique visitors every month on each property. The platform empowers brokers, sellers, and buyers with data-driven technology and a comprehensive set of tools that enable its users to expand market visibility and decrease time to close. Moreover, it makes it easy to onboard assets, evaluate success, and do marketing campaigns in real-time.

2. RealINSIGHT Marketplace

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Launched in 2017, RealINSIGHT Marketplace is one of the top online commercial real estate auction platforms that have the highest sell-through rate in the CRE industry, USA. Supported by a team of professionals, the company’s goal is to efficiently connect with the investors and seamlessly close CRE deals online. The company has experience in selling properties under different property types, including real estate asset management, multifamily, office, hospitality, retail, and more. The company conducts three types of auctions: classic auction, custom auction, and Absolute auction. Moreover, the platform comes with a reliable mobile app that enables you to connect with experts anywhere and anytime you want. With dedicated dashboards, investors, sellers, and brokers get powerful tools and deeper insights about the marketplace, leading to enjoy faster commercial real estate transactions.

3. CREXi

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Either you want to buy or lease commercial real estate, CREXi is a top-notch online commercial real estate marketplace that makes your job easier. It offers easy-to-use tools and smart documentation that manages everything from listing to closing. Headquartered in the USA, the CRE platform is known for its user-friendly and hands-on customer services. It enables its brokers to find, manage, and qualify leads faster with customizable emails. An intuitive interface helps you to consolidate entire CRE processes for smarter transactions.

4. LoopNet

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The most heavily trafficked commercial real estate marketplace is LoopNet. It is used to connect tenants and investors who are in search of commercial real estate properties available for sale & lease. The website has successfully listed more than 500 properties and has 12.6 million monthly site visitors. To ease the buying/selling process in auctions, the platform gives all the details about the property, including location, price, agent contact information, before you make your bid. It becomes a lot easy to participate in auctions and get your desired property at cost-effective prices.

5. Biproxi

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Biproxi is a renowned commercial real estate platform that improves CRE auction sales and boosts investor confidence. It is a top-notch marketplace which has over 10M+ CRE properties. The platform enables brokers and buyers to transact using both auction and direct offer methods. With its Live Offer feature, it provides even more flexibility to brokers.

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