For decades now, you have gone to listing sites and have been immediately greeted by that oh-so-familiar search bar, and within a few clicks (with a little help from the magic of the internet), properties of all shapes and sizes pop up. In RPR Commercial, the same basic process holds true, but the use cases for search have grown well beyond just finding available space. There are a few lesser-known, non-listing search functions that you may be unfamiliar with.
Finding Sold Comps
This is a close relative of doing a listing search, but utilizes their public record data and date fields to locate sold properties that you can use in your broker opinion.
Here’s how to do it:
- Go to search and make sure the “all property” radio button is selected.
- Click advanced to the far right of the search bar and scroll down to the sold date range.
- Use the within option to find properties that have sold within the last few days or up to three years.