By Paige Tepping
As the commercial real estate market continues to gain traction, Lou Lollio, who specializes in income-producing properties, is spending more time out in the field working with buyers and sellers. While keeping up with the burgeoning market may mean more time away from the office, Lollio hasn’t missed a beat, thanks in large part to Realtors Property Resource® (RPR). The largest database of parcel-centric property information in the industry, RPR provides comprehensive, hard-hitting data on more than 150 million properties.
“The fact that I can access such a vast array of information while out in the field working with buyers and sellers is a huge benefit,” says Lollio, who understands the importance of being able to get a hold of pertinent information and share it with his clients in a timely manner, enabling them to make an educated decision. In fact, Lollio has gone so far as getting satellite access for his laptop so that he can quickly pull up RPR—no matter where he is. “Instant access to a tool as powerful as RPR is almost a requirement today, as buyers and sellers continue to expect information instantaneously.”
Whether its public records and tax assessment info; liens, stand-alone mortgages and refinancing loans; school district data, reviews and test scores; geo-spatial imagery, heat maps or historical property information and photos, the amount of data available through RPR is extensive. “Not only do I turn to RPR when I’m looking for information about specific properties, it’s also a great tool for when I need to confirm information that I may have previously come across,” says Lollio.
In addition to the plethora of information, Lollio is also a huge proponent of the built-in mapping feature. An integral part of the RPR user experience, customized map searching enables real estate professionals to define their own search areas by drawing them on the map, or by displaying the outlines of geographies such as neighborhoods, zip codes, cities and even counties. “RPR allows me to drill down into a four-block area and see every property located within the vicinity,” says Lollio. “I can then click on specific properties one at a time to find the information I need.”
It’s no secret that real estate is making a comeback, and for Lollio, an increase in business signals an even greater need for a tool like RPR. “I’m looking forward with optimism and excitement to using RPR on a more consistent basis as more buyers and sellers get off the sidelines and enter the market,” he says. “It’s incredible to have a resource such as RPR to take advantage of, especially as commercial real estate starts to pick up.”
For more information, visit www.narrpr.com.
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