Note on Xceligent

As many of you know Xceligent has declared bankruptcy and has left many a brokerage house scrambling for a replacement…possibly other than CoStar.

Catalyst comes to mind. CARW of SE Wis. has been researching options as well as CBG, Madison and RASCW Commercial Committee. As soon as all the options are clearly defined and some price points determined we will bring you that information. At present jury is still out and there may not be one definitive source that fits everyone’s needs. In fact I doubt that it would. Stay tuned!

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Ken Notes: Wisconsin needs, (in addition to a research service), a good listing service that is BROKER driven. This system should: link with the state system (LocateInWisconsin) - provide free access to the public - keep listings current - be affordable - have a print component - work with communities and local ED professionals, and be statewide.

PropertyDrive and CIREX could easily become this with some help from those who work outside Madison.

WEDC continues to want to build their own boat which is too bad because they do not SELL commercial real estate. CoStar and all the nationals are in business to make money -- not SELL commercial real estate.