CREXi Product Overview
CREXi, or the Commercial Real Estate Exchange, Inc., is a comprehensive and innovative platform designed to transform the commercial real estate industry. It serves as a one-stop solution for all stakeholders, including brokers, buyers, and tenants, by streamlining the entire process of buying, selling, and leasing commercial real estate.
Key Functions
- Marketplace: CREXi provides a robust marketplace where commercial brokers can list their properties, reaching millions of potential buyers and tenants. This platform facilitates easy and efficient property searches, enabling users to find the commercial properties that meet their needs.
- Listing and Lead Management: Brokers can list properties and start receiving and tracking leads with minimal effort. The platform is powered by AI and machine learning to deliver high-quality leads promptly after listing a property.
Key Features
- Advanced Search Filters and Interactive Maps: Users can utilize advanced search filters and interactive maps to locate properties that match their specific criteria, enhancing the search experience.
- Market Analytics and Intelligence: CREXi offers an Intelligence subscription that includes access to sales comparables, market reports, analytics, demographic information, and tools to research CRE trends through its Data Center. This feature provides valuable insights and data to inform decision-making.
- Document Management and Virtual Tours: The platform supports document management and virtual tours, making it easier for buyers and tenants to evaluate properties remotely.
- Brokerage Tools and CRM Integration: CREXi includes a range of brokerage tools, such as lead management, customizable alerts, and CRM integration. These tools help brokers manage their listings, leads, and client relationships more effectively.
- Transaction Management: The platform simplifies the transaction process by providing tools for managing deals from start to finish. This includes features like transaction tracking and collaboration tools to ensure smooth and efficient deal closures.
- Auction Platform: CREXi features an online auction platform that brings sellers and buyers together in a digital environment. This platform allows for competitive bidding and can facilitate non-contingent contracts in as little as 30 days.
- Elite White Glove Service: For select listings, CREXi offers an Elite service, a fully managed white glove service that includes customized property marketing to maximize exposure and lead generation.
Premium Services
- CREXi PRO Membership: This paid membership provides brokers with exclusive tools and analytics to close deals faster. It includes a dedicated customer success manager, targeted email campaigns, and a PRO badge on listings to enhance credibility.
- Salesforce Integration: CREXi leverages Salesforce’s Einstein AI platform to automate administrative tasks, saving sales reps significant time. This integration helps in drafting emails, summarizing call notes, and conducting market research, allowing sales teams to focus more on building customer relationships and closing deals.
Additional Capabilities
- Financial Analysis and Property Valuation: The platform offers financial analysis and property valuation tools, enabling users to make informed decisions based on comprehensive data.
- Custom Reports and User Permissions: Users can generate custom reports and manage user permissions, ensuring that the right people have access to the necessary information.
In summary, CREXi is a powerful platform that consolidates the commercial real estate process into a single ecosystem, providing a suite of innovative tools and advanced functionalities to support brokers, buyers, and tenants in their commercial real estate transactions. Its integration of AI, market analytics, and streamlined transaction management makes it an indispensable tool for success in the CRE industry.