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What is ICREX?
The Indiana Commercial Real Estate Exchange is a resource and marketing tool for members, affiliates and commercial real estate practitioners. It’s the only property listing service that allows subscribers to advertise all of their properties for sale or lease on a national platform for a flat fee. ICREX is a service provided by ICBR. All levels of ICBR membership have the option to subscribe to ICREX for an additional fee.
Who can subscribe to ICREX?
- ICBR members (REALTOR® members, Vendors, and Economic Development Corporations).
- REALTORS® and brokers who belong to a local board that is part of the ICREX Commercial Society.
- Out of state REALTORS®.
- Non-REALTOR® licensed brokers.
- Institute Affiliates
How can ICREX help my business?
ICREX is more than just a listing site, it is a comprehensive marketing tool for you and your properties. Dedicated strictly to commercial real estate, the site brings in the traffic you want and need. Subscribers can access comps, market data and marketing tools.
Who can view my listings?
The public may search ICREX property listings and subscribers for free, no login is required. In addition, all ICREX subscribers have access to the database of listings and users.
What is the difference between ICREX and a search engine like Zillow?
Data. ICREX subscribers have access to comprehensive sales/lease comparables and building/land records dating back to 2008. All data is collected from and verified by the state of Indiana, making ICREX the most accurate database available. In addition to these data tools, ICREX provides marketing reports and statistics as well as access to the REALIST database and RPR Commercial.
Is ICREX mobile friendly?
Yes! ICREX is set up with adaptive viewing for mobile phones and tablets. Subscribers may also opt-in to receive instant inquiries via SMS/text message.
How does a broker use ICREX?
As a commercial information exchange, brokers use ICREX as a tool to post properties for sale or lease. However, it is much more than a listing tool. ICREX offers the collection of property data, tools to manage and analyze that data, mapping features, demographics, high resolution photos, e-mail marketing and more.
How does the public use ICREX?
Unlike other commercial listing services, the public may search ICREX for free and without having to create an account. Subscribers’ listings are available to the public through many simple search and filter options. The public does not have access to any market data or information beyond listings. That is strictly a benefit to brokers using the CIE.
What tools does ICREX have to help me with my listings?
ICREX allows subscribers to input an unlimited number of listings. These listings are then automatically pushed out to additional nation-wide sites. Subscribers can access sales and lease comparables, market statistics, customized reports and brochures, generate market analysis and utilize search engine optimized profiles with detailed resume and experience fields.
I'm already a member of another Board of REALTORS®, do I have to join ICBR to get access to ICREX?
No. ICREX subscriptions are open to all licensed REALTORS® and non-REALTOR® brokers. Members of other boards may subscribe at a discounted rate if their board is a member of the ICREX Commercial Society. If you are not sure if your board belongs, speak to them today about joining.
What training is available for ICREX?
Can I add my own comps?
Yes. Subscribers of ICREX may enter their own comps. All data is also verified by and collected from the state of Indiana. Sales/lease comparables are updated quarterly and building/land records are updated annually.
Our company has too many listings to manually input them all...how can we get them into ICREX?
ICREX allows new subscribers to do a one-time data dump. Catylist will import your existing listings, saving you the time of doing each listing one-by-one. From there, listings are yours to maintain and update on a monthly basis.
We use our company website to show listings. Can we link ICREX to our website?
Yes. Catylist, the platform provider for ICREX, offers additional products to help you with your business. SiteLink, a commercial real estate search engine, integrates active listings for specific agents or companies into your website without re-entering information. Everything is sync’d in real-time. This product is only available to ICREX subscribers.
What exposure can ICREX provide?
Subscriber listings are pushed out to a statewide, national and international audience of more than 100,00 commercial real estate professionals through the 14 sites that make up Catylist’s National Distribution Network. In addition to that exposure, ICREX.net receives on average 4600 visits per month.