Midlands Regional CIE Blog

Midlands Regional CIE, Creating a Connected Marketplace

Midlands Regional CIE is connecting individual commercial brokers in the Lincoln-Omaha region on an efficient, cost effective platform uniquely designed for commercial real estate. Participating brokers share property data and eliminate fragmentation in the region utilizing the Catylist online network. Big and small companies alike can take advantage of resulting efficiencies and focus more resources serving clients.

INDIVIDUAL MEMBERSHIP
Joining Midlands Regional CIE allows you to join with individual membership, meaning your entire company does not need to join.

CUTTING EDGE PLATFORM
Commercial brokers acting now can become charter subscribers in the area’s first regional property database built
exclusively for commercial real estate.

ELIMINATE COMMERCIAL FRAGMENTATION
Midlands Regional CIE consolidates commercial property data into an efficient regional search, allowing brokers to effectively increase the speed and reach of marketing efforts.

CONNECT NATIONALLY
Participants in the Midlands Regional CIE become connected with a growing national network that includes 40 markets already utilizing the Catylist system.

OWN AND CONTROL YOUR DATA
Your property data is valuable. With Midlands Regional CIE, you own the data and you control it

MRCIE Incentives - Join Now and SAVE!

FOR COMMERCIAL BROKERS ONLY!

Join Midlands Regional CIE now and pay no fees through October 31, when you agree to six additional months service at the regular rate.

ELIMINATE COMMERCIAL FRAGMENTATION
Midlands Regional CIE consolidates commercial property data into an efficient regional search, allowing
brokers to effectively increase the speed and reach of marketing efforts.

LOW-COST REGIONAL SOLUTION
Networked nationally

OWN AND CONTROL YOUR DATA
Your property data is valuable. With Midlands Regional CIE, you own the data and you control it.

It’s Like a Commercial MLS, Only Different!

That’s an easy way to describe the all-new, commercial information exchange, or CIE, that launched on May 1.
Midlands Regional CIE (www.MRCIE.org) is a new joint venture between the Lincoln MLS and the Omaha Area MLS, filling a niche for commercial brokers across the region; in Nebraska, and adjoining states. Both the Lincoln and Omaha-Area residential MLSes have been around since the mid-1950s, and the newly expanded commercial service seemed like a natural extension to better serve the marketplace.

Midlands Regional CIE provides an affordable, but powerful, listing system that is designed to eliminate the
fragmentation of the commercial real estate market. Unlike an MLS, individual commercial practitioners can join
regardless of their REALTOR® status; with or without other licensees in their firm.

The system is affordable – $75 per month per licensee; only $50 per month for REALTOR® members.
Even better, those that subscribe today, pay no fees through October 31, provided they commit to an additional
six months at the regular rate. With the promotion, the sooner you subscribe, the more free-access time you take
advantage of, and the sooner you take advantage of the system’s robust features.

Like the MLS, this new commercial system allows brokers to own and control their listing data. But unlike an MLS,
Midlands Regional CIE does not contain offers of compensation. Commercial practitioners using the system will
continue to compensate based on individual arrangements made with each other.

NATIONAL NETWORK
In addition, being part of the Lincoln–Omaha–Council Bluffs region, Midlands Regional CIE connects as part of a
larger, national network. According to Derick Lewin, an Associate Broker at PJ Morgan Real Estate, “this is even more exciting, being able to automatically provide access to 40-plus markets, like San Antonio, New Orleans, Tampa Bay, and more.”

“Midlands Regional CIE will positively impact the region, resulting in more exposure for commercial properties in the Omaha–Lincoln region, locally reaching large numbers of agents not currently participating in other national platforms due primarily to cost,” said Lewin.

Unlike other commercial listing services, this one is affordable. Given time, Midlands Regional CIE could provide
a permanent solution to the ever-rising costs of LoopNet and CoStar, but it needs participation from brokers and
agents alike for that to occur. Lewin added, stating, “If Midlands Regional is adopted and utilized by many agents and brokerages quickly, the sooner it will become a viable alternative.”

INTRODUCING CATYLIST
Midlands Regional CIE operates on the Catylist platform, which was built from the ground-up for commercial real
estate 15 years ago. This updated, proven and tested system receives rave reviews from commercial brokers around the nation, giving the Board of Directors a certain amount of confidence as to the effectiveness of the system.

Catylist President and CEO, Ron Marten is a CCIM designee himself, with a vision of market-regions tied into a
national database. MRCIE will not only encompass Lincoln and Omaha, but will also serve greater Nebraska and
contiguous states, to provide an affordable solution to the market-fragmentation currently facing the industry.

The Catylist system is very intuitive, making it easy for agents and customers to find your listings. It also provides
mapping, GIS data-layers, statistical reports, and demographic reports. To top it off, the Catylist system has a sleek, easy-to-use design adaptable for smartphones and tablets.

The REALTOR® organization sees benefit in uniting commercial practitioners and other segments of the industry for long-term relevance and public policy issues. Working together all real estate professionals have much to gain.
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