MYRETA is a crowd-sourced, self-administered Commercial Real Estate site. This allows
for transparency to the industry and value for the users. Since the users are adding
and editing the information instead of paid help, the accuracy is enhanced, the
cost is kept low and the information is “owned” by the users instead of by MYRETA.
There is a people social networking application that allows for networking with
peers but also has the ability to network with properties to track and be notified
of additions or edits from other users. You have the ability to set your notifications
to see if anyone changes data you haven’t confirmed to make certain of the quality
of the information in your properties.
After you register as a free member you will be able to enter and edit your profile,
add members to your network, set your notifications and security setting and add
your matching profile to be able to get notified when properties being marketed
for sale, debt, equity or leasing match your requirements.
You will also be able as a free member to add and edit property information. If
you have general, location, people, amenities or technical information about a property,
you can add that as well as pictures. When you set your notifications you will be
notified if there are changes.
If you want to look at or add Capital Markets Comps, which includes Sales, Debt
and Equity and Lease comps, you will be charged $50 per month for unlimited use,
comps and reports.
If you want to look at or add Lease Comps, you will be charged $50 per month for
unlimited use, comps and reports.
The site has a document storage area that is SSAE-16, SOC-1 qualified that is $25
per property per month. This will allow you to keep your documents in this secure
site and allow for marketing the property as well.
The site will give you the ability to market your property for sale to buyers, for
debt to lenders, for equity to equity sources and for lease to tenants and their
brokers. You will be able to send to individuals, marketing groups you have developed,
or to anyone that has a match profile that has the same criteria. The system will
have reports developed or you will be able to download the information you need
to use your own report.