Crexi
25 Case Studies
A Crexi Case Study
Valbridge Property Advisors, a commercial real estate valuation firm, faced a significant challenge due to a lack of reliable and accessible market data, particularly for properties in secondary and rural markets. This data gap made it difficult to find critical documents like offering memorandums and sales comps, impacting their appraisal accuracy. They turned to the vendor Crexi and its product, Crexi Intelligence, to address this issue.
By implementing Crexi Intelligence, Valbridge gained access to hard-to-find property data and offering memorandums, especially in underserved markets. This solution not only provided the essential information needed for more reliable appraisals but also had the unexpected benefit of fostering new broker relationships through the platform's notification system. The results included improved valuation accuracy and deeper market insights, solidifying Crexi as a cost-effective and critical resource for the firm.