Commercial Real Estate Exchange, Inc. (Crexi) is revolutionizing the way commercial real estate professionals conduct business by accelerating deal velocity and unlocking access to property and industry data.
In 2015, Crexi embarked on a journey to transform the industry, creating a single-source hub for professionals to market, analyze, and trade commercial property.
Today, Crexi’s data subscription, transaction services, deal pipeline support, and dynamic listing marketplace empower millions of CRE stakeholders each month to explore over $7 trillion of property value nationwide and has helped users close upward of $615 billion in transactions.
Crexi’s growing team of 300+ employees — with offices in Los Angeles, Irvine, and Miami — strive to set a new standard for commercial real estate: shaping the industry of tomorrow by creating more access today.
Who Uses Crexi?
Crexi is the fastest-growing CRE marketplace dedicated to accelerating deal velocity and providing access to accurate industry data. With over 50M+ lifetime users, Crexi supports buyers, sellers, and investors throughout their CRE deal cycle.
CRE professionals can streamline much faster, manage and expand their businesses. Mitsubishi Estate Company (“MEC”), Industry Ventures, and Prudence Holdings are among the new investors who have contributed $30 million to Crexi. Lerer Hippeau Ventures and Jackson Square Ventures, two previous investors, also contributed to Crexi.
Crexi generates revenue in three ways:
- A subscription-based service for brokers planning to sell or lease real estate.
- A bidding service in which Crexi receives a surcharge from any transaction that closes.
- A data and analytics service that allows consumers to gain insight into the emerging developments in commercial real estate premised on the wide assortment of estates available through Crexi’s services.
The platform promotes its service and operation by providing innovative technology to those participating in the CRE market.
Crexi’s users can manage properties, including property sales, leases, and the closures of those properties as well.
Crexi allows investors, real estate professionals, buyers, and sellers to utilize their services digitally, without requiring the user to leave their platform.
Crexi is for real estate professionals and users who wish to avoid the financial consequences of a recession. According to CEO Mike DeGiorgio, Crexi is recession-proof, primarily due to auction services that continuously generate the platform’s revenue.
Crexi Product Overview
Search and list properties for FREE on the Crexi Marketplace
- Crexi is reimagining commercial real estate, building industry-leading software for
professionals to more effectively market, analyze, and trade commercial property.
Add unlimited listings for FREE, reach quality leads, and close deals with the power
of Crexi, at no cost.
Research & Evaluate with Crexi Intelligence
- An Intelligence subscription provides access to Crexi data to analyze real-time
market trends, demographics, detailed property records & nationwide sales comps
to evaluate deals with confidence.
Market & Prospect with Crexi PRO
- A PRO subscription provides brokers with advanced property marketing tools,
access to industry and prospecting data, and the ability to directly connect with
qualified leads. Includes full access to Intelligence
Transact Online with Crexi Auction
- Crexi Auction empowers users to sell their next property online with certainty.
Reach qualified buyers with tailored marketing support, and close quickly in an
average of 75 days from list to close.
Crexi Competitors
Today, Crexi’s data subscription, transaction services, deal pipeline support, and dynamic listing marketplace empower millions of CRE stakeholders each month to explore over $7 trillion of property value nationwide and has helped users close upward of $615 billion in transactions.
Crexi aims to consolidate, and create a centralized marketplace, and data offering to allow users to conduct all of their business in one place.
Other real estate professionals, on the other hand, are free to use other CRE platforms. The real estate industry has undergone a revolution as a result of the rising digital economy, with both positive and negative consequences.
The advantages and disadvantages of using Crexi and other competitors who offer a comparable experience are listed below:
LoopNet vs. Crexi
Both Crexi and LoopNet are valuable platforms in the commercial real estate industry, but they differ in terms of their interfaces, features, pricing models, and market reach. Choosing between the two depends on individual needs and preferences.
LoopNet Overview
- Interface and Usability:
- Well-established platform with a familiar but somewhat dated interface.
- Straightforward navigation for property search and listings.
- Property Listings:
- Offers a broad range of commercial property listings.
- Comprehensive search filters for property type, size, and location.
- Pricing:
- Offers both free basic access and premium features for a fee.
- Premium features can enhance property visibility but come at an additional cost.
- Market Insights:
- Provides market research and data, but may not be as comprehensive as Crexi’s tools.
- Collaboration Tools:
- Facilitates networking and collaboration among real estate professionals.
- LoopNet’s platform allows users to connect with others for deal-making.
- Customer Support:
- Offers customer support but may have varying response times.
- Support may depend on subscription levels.
- International Reach:
- Primarily focused on the United States, which could be a limitation for users seeking international properties.
- Free Access:
- Basic access to property listings is free, but premium listings and features come at an additional cost.
Crexi Overview
- Interface and Usability:
- Offers a modern and user-friendly interface.
- Intuitive navigation for easy property search and listing.
- Property Listings:
- Strong focus on commercial real estate with diverse property types.
- Robust filtering options for refined property searches.
- Pricing:
- Offers flexible pricing plans tailored to user needs.
- Transparency in pricing with clear information on subscription costs.
- Market Insights:
- Provides valuable market research and analysis tools.
- Allows users to access comprehensive data for making informed decisions.
- Collaboration Tools:
- Offers efficient deal room collaboration for seamless communication.
- Enhanced networking features, including integration with LinkedIn.
- Customer Support:
- Known for responsive and helpful customer support.
- Offers various support channels and resources for users.
- International Reach:
- Expanding beyond the United States, catering to international markets.
- Free Access:
- Provides a free version with limited features, but offers more accessible basic access compared to LoopNet.
Crexi Contact Information
Crexi may be contacted through:
- The chat button on the bottom right of Crexi.com
- Crexi’s Learn Center: https://learn.crexi.com/en/
- Crexi Support Line: 888-273-0423
Crexi Pricing Information
Crexi Marketplace is offered for free, allowing users to add unlimited listings, reach quality leads, and close deals at no cost.
For $299 per month, the Crexi Intelligence plan provides access to real-time market trends, demographics, detailed property records, and nationwide sales comparisons.
The Crexi PRO subscription, which includes full access to the Intelligence plan, offers advanced marketing tools and industry data. For PRO pricing details, users need to contact Crexi directly.
Crexi Login Information
On the top right-hand corner of the Crexi homepage website, https://www.crexi.com/insights/about-us is a login or sign-up option.
Sign up for the free version or PRO version of Crexi using your email address.
Crexi will send an email with further instructions. Help is available at the bottom of the Crexi homepage website.