CBOR Renews CPIX.net Contract through 2020 with Long-Term Technology Vendor, Catylist, Inc.
Grand Blanc, Michigan, December 8, 2015. The Commercial Board of REALTORS® - Michigan (CBOR) is pleased to announce that a 5-year renewal contract with Catylist, Inc. has been finalized for CPIX.net, Michigan's Commercial Property Information Exchange. The agreement extends the current relationship through 2020.
CBOR, with 650 members, provides Michigan’s commercial real estate practitioners with industry-related professional services and benefits. One of CBOR’s greatest member benefits is www.CPIX.net, the statewide commercial property information exchange (CIE). CPIX, similar to a local MLS, is a commercial marketing platform that averages over 15,000 commercial properties available for sale or lease throughout Michigan. Additionally, integrated building data coupled with 12 years of property history, allows professionals the ability to analyze local market statistical trends. CPIX is governed and operated by the CBOR Board of Directors, and offers a state, national, and international public interface.
Catylist Inc. develops Commercial Information Exchange (CIE) technology and tools for commercial real estate associations. The Catylist CIE business model provides technology that competes on a national level, combining both commercial real estate knowledge and experience with the most advanced tools available to the commercial real estate professional. A true partnership exists as Catylist promotes preserving the local market presence by allowing the association to determine the rules and pricing based on local market needs and long term goals.
CBOR’s 2015 President, Gretchen Witherspoon, CCIM, SIOR, said “CBOR and Catylist have had a long term, very positive working partnership which we wanted to continue. I feel that Jon Gordon, CBOR 2016 President Elect and I negotiated the best renewal contract possible for our members and therefore we are proud to announce that this 5-year renewal contract with Catylist is the longest renewal term in CBOR’s history!”
Nancy McKellar, Executive Vice President of CBOR and CPIX executive director, said, “CPIX has developed into the most technologically advanced database for all types of commercial real estate practitioners, including salespeople, appraisers, site selectors, property owners, and economic development groups. Local governance by those that use and subscribe to CPIX has ultimately been the foundation of its success. The strong relationship between the board of directors and Catylist affords us the flexibility to adapt to changing technology demands throughout the state of Michigan."
CPIX.net is available to the public allowing anyone to search and market their commercial properties for free to CPIX members. Membership upgrades are available to real estate licensees, appraisers, and economic development professionals. The pricing for membership has not increased since its inception in 2003.