Commercial Real Estate Stock LoopNet Is A Good Bet For 2008
SOURCE: The Motley Fool
LoopNet is a leader in the less volatile commercial real estate market and provides a type of one-stop shopping which allows subscribers a wide variety of services devoted to commercial real estate. These services include the ability to "search, list, market, research, and finance commercial real estate properties over the internet."
Their website, loopnet.com claims over 2.5 million registered members with $425 billion of commercial real estate available to purchase. Access to the company's free listings is available to anyone who registers but the premium monthly subscribers provide 76% of revenue just in the last quarter.
The amount of information available, as well as the shear number of properties that are listed, makes LoopNet a real asset for industry professionals. Even though there are other online competitors in this area, none of the other websites have all these offerings available in one location. This is why LoopNet claims that all of the top U.S. commercial real estate firms use their site.
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LoopNet is a leader in the less volatile commercial real estate market and provides a type of one-stop shopping which allows subscribers a wide variety of services devoted to commercial real estate. These services include the ability to "search, list, market, research, and finance commercial real estate properties over the internet."
Their website, loopnet.com claims over 2.5 million registered members with $425 billion of commercial real estate available to purchase. Access to the company's free listings is available to anyone who registers but the premium monthly subscribers provide 76% of revenue just in the last quarter.
The amount of information available, as well as the shear number of properties that are listed, makes LoopNet a real asset for industry professionals. Even though there are other online competitors in this area, none of the other websites have all these offerings available in one location. This is why LoopNet claims that all of the top U.S. commercial real estate firms use their site.
Read full report »
