LoopNet, Inc. generates first commercial real estate search application

Are you comfortable with the name of LoopNet, Inc.? LoopNet, Inc. is exceedingly acclaimed for operating the largest online commercial real estate marketplace in the realm of San Francisco and at this point in time, it has brought to the fore the first commercial real estate search application for iPhone and iPod touch users. The LoopNet Commercial Real Estate Search Application, which is available as a free download from iTunes, enables users to search, find and access all 745,000 available properties nationwide from their mobile devices.

What have been the real benefits to LoopNet, Inc. then? LoopNet, Inc., thanks to this application,
remains at the front of technology and information services offerings for the commercial real estate industry, increasing the speed and ease with which investors, brokers can stumble on information on property.

Speaking on this achievement, Mike Manning, Vice President of Marketing for LoopNet, said, “The new LoopNet iPhone application for commercial real estate search provides industry professionals with amazingly easy access to listings from anywhere at any time, and uses the iPhone’s GPS capabilities to return results based on the searcher’s physical location.” “This benefits both property searchers and real estate professionals marketing property. With listings at your fingertips on the go, business gets done in real time from wherever the broker, prospective investor, or tenant happen to be.”

What are the different traits/features of LoopNet’s iPhone application? These include

• Location Finder: Explore properties in your immediate area using the iPhone’s built-in GPS capabilities, then walk or drive around and explore properties in your vicinity … without having to go back to the office to access a computer or run a listings report.
• Custom Search: Filter results by price, building size and property type (office, industrial, retail, land, multifamily, etc.).
• Driving Directions: Use Google Maps to plot properties or email directions to a client or friend.