How can you maximize revenue for your seller/lessor, or minimize costs for the buyer you are representing or the corporate tenant you are trying to place? Reis helps you support your position with a set of recent Sales Comparables that offer a quick way to establish current conditions in the transaction market. In addition, Reis's Rent Comparables module helps determine whether the subject property is a performance outlier whose price per unit or square foot should be higher or lower than the average.
Other firms obtain their property level information from broker listings or sales brochures, whose purpose is not to provide impartial information but rather to attract lessees or buyers. Listings are often duplicated, outdated, incomplete, or mis-categorized, leading to unreliable inventory levels, supply and demand trends, and market averages. Reis, on the other hand, carefully defines competitive stock, ensuring the reliability of inventory and trends, while our rigorous QA confirms the accuracy of property level data.
With Reis, you’ll have fast access to the nation's best sales and rent comparables reports. Our sales comparables reports detail the average price per unit or square foot, total price, cap rate, and buyer/seller information, while our rent comparables reports reveal asking and effective rents, vacancies rates, and structural details. Both report types are available in combination, and within the context of market and submarket trends and forecasts. In short, we deliver all the information you’ll need to quickly establish current conditions in the transaction market to support your assertions about fair value for the properties you represent.
Close deals faster by using Reis as your source for commercial property information and comparables, comprehensive market and submarket reviews, powerful analytic tools and critical economic insights. We provide the most objective, comprehensive, and trusted information available anywhere.