The National Association of Realtors (NAR) and Move Inc. have completed an agreement under which Move Inc. will provide commercial and investment real estate information on behalf of NAR’s commercial members through Move Inc.’s network.
The new initiative will drive traffic to NAR’s commercial real estate marketplace, CommercialSource.com, increasing exposure to many of the nation’s local commercial information exchanges, which are affiliated with the Realtors’ Commercial Alliance, NAR’s commercial division.
The agreement will provide unprecedented access to commercial property listings to both consumers and investors; the listings will be displayed on Move’s flagship site Realtor.com.
When the new venture is fully operational, visitors will have online access to commercial real estate searches on Move Inc.’s Internet assets, including Realtor.com and Move.com. The agreement will give commercial practitioners national exposure for all their sale and lease listings and provide the commercial real estate industry with a means to search for properties across the country.
Seattle-based eProperty Data will provide a data feed to Move Inc. for this new search capability. Recently, eProperty Data was acquired by NAR’s new for-profit subsidiary, Second Century Ventures LLC.