Four startup commercial real estate technology companies presented their products to the Minnesota Commercial Association of Realtors on Tuesday. Each application was designed to help brokers do other tasks better.
Headquarters: San Francisco
Problem: Boring real estate flyers, static photos of properties
Solution: A Flyer.io interactive commercial real estate brochure that uses a panoramic image of interiors and exteriors and can be manipulated by using a tool such as Google Street View on smartphones, tablets or desktops
Price: $49 per month for pro subscription, $24 per month for basic version
Headquarters: New York
Problem: Difficulty getting reliable information about completed lease deals to compare the market
Solution: Crowd-sourced information about commercial real estate leases
Price: Free for brokers who contribute information about leases; paid service for real estate investors and landlords
Markets: New York, San Francisco, Los Angeles, Washington, D.C. and Chicago. Plans to start Minneapolis service in September.
Problem: Brokers take tenants on tours of potential properties and everyone is overwhelmed with info
Solution: Distribute iPad Mini’s with TenEight’s program or just download TenEight’s app on a smartphone so clients on a tour can take photos and rate properties to create objective ratings
Price: Two levels, $25 or $50 per month
Problem: Sometimes difficult to compare multiple lease offers side-by-side
Solution: Web-based program that allows brokers to compare multiple lease offers, organize the data and show it to clients
Price: $29 per month or $290 per year