FAQs
Q. Will listings
always be Free?
A. Listings will ALWAYS
be Free. PropertyBBS.com's business model
is to offer a cost
effective (free) solution for brokers, agents
and owners of commercial property in order to create
a centralized database of available commercial property
in Florida. Users do have the option of Sponsoring their
Listings for added exposure.
Q. If listings are always Free,
how does PropertyBBS.com stay in business?
A. PropertyBBS.com derives revenue
from its Resource
Directory. and Sponsored
Listing service. The Resource
Directory is offered to companies
that have a service to offer Buyers & Sellers of
Commercial Real Estate that are directly related to
Commercial Real Estate Transactions, such as Title
companies, Surveyors, Commercial lenders, etc. A Sponsored
Listing is a listing that will appear at the top on
the search results and a fee is charged each time a
visitor clicks on the sponsored listing. Click here
for more information on our Resource
Directory or Sponsored
Listings.
Q.
What are the benefits of listing my property on
PropertyBBS.com?
A. PropertyBBS.com provides direct access
to your commercial property for thousands of buyers & investors
in Florida.
PropertyBBS.com lists properties by owner or listed by
real
estate companies. It is absolutely free to listing your/your
clients commercial property on PropertyBBS.com.
Q. How do I update or edit my
listing?
A. To edit your listings, click
here to login. Once you are at the users page, click on
the link to view you listings. Select the listing that
you would like to edit and click on the photo of the
property. On this page, change the appropriate information
and click submit. Your listing is immediately updated.
Q. What is Cap Rate?
A. Cap Rate is the
percentage the NOI is to the selling price of the
property.
Q. How do I calculate the Cap Rate?
A. If you have your
sale price and your NOI use the calculation
would be NOI/Sale Price = Cap Rate.
Example: Sale price = $1,000,000 and NOI = $100,000
$100,000/$1,000,000 = 10% Cap Rate
If you want a particular Cap
Rate and need to determine what the sale price
should be at that Cap Rate the calculation would be NOI/Cap
Rate = Sale Price.
Example: NOI = $100,000 and Preferred Cap Rate =
9.6%
$100,000/.096 = $1,041,666 Sale Price
Q. How do I change the photo
for my listing?
A. Click
here to login. Once logged
into the site, click on the link to view and edit your
sale or lease listings, locate the listing you would
like to update the photo on and click update photo. This
link will take you to a form where you will select the
new image from your computers hard drive and submit the
form to update the photo. Your new listing photo is now
live on the site.
Q. Why is the property photo
file size limited to below 50K?
A. Photos are limited in file size to
keep the search speed from slowing. If the photo file
sizes were not limited, the time it takes for a search
results
page
or property detail page to load could be drastically
increased. We do this so you, the user, get the results
you are looking for in the most timely manner possible.
Q. How do I search for commercial properties for sale
or lease?
A. Click on the properties for sale
or properties for lease
button on the navigation bar located in the left margin
of all
PropertyBBS.com pages.
Q. Is there a cost to search
for properties for sale or lease?
A. PropertyBBS.com is absolutely
FREE to use.
Q. What is the cost to list my
property for sale or lease?
A. Listing your property on PropertyBBS.com
is absolutely FREE. Click
here to
go to PropertyBBS.com's listing page for further
information. Users do have the option of Sponsoring
their listings to give them more exposure. Click
here to learn more about this option.
Q. Do I need a realtor to list
my property on PropertyBBS.com?
A. No. Any owner or owner's agent
can list properties on PropertyBBS.com
Q. How will
I know who to contact if I'm interested in a property
listed on PropertyBBS.com?
A. Contact information for either
the owner of the property or
agent of the owner is at the bottom of every listing.
Q. How do I find a specific property
if I know the property ID or
property address?
A. There are search options specifically
for property ID or property address on the Property
for Sale or Property for Lease pages. Just select either
page button on the navigation bar on the left-hand
side. In the appropriate page, type
in
the
ID or
address in the appropriate form field and click the
button to search.
Q, Can I search for multiple types of
properties or multiple
counties?
A. Yes. When you choose the Property
for Sale or Property for Lease button on the navigation
bar, there is an option to choose specific parameters
including county, city, property type, date listed
range, price range and square footage range. For multiple
selections
for
any
of this
criteria, simply hold the ctrl key when selecting your
options.
Q. What is property notify?
A. Property Notify is a free service
offered by PropertyBBS.com to buyers, Investors and
potential lessees of commercial
property listed on PropertyBBS.com. Once parameters
are
chosen for the type of property you are interested
in, PropertyBBS.com will automatically notify you by
email
when a
new listing is added to PropertyBBS.com that meets
your criteria. To signup for Property Notify, click
here.
Q. How do I remove future property notifications?
A. To stop receiving notifications
of listings, simple login to the Property Notify section
of the site, select sale or lease notifications and
check the box next to "Please Check To Stop Receiving
Notifications". You will need to do this for both Sale
and Lease notifications.
Q. How do I have my property or company
featured on PropertyBBS.com's home page?
A. Contact sales@propertybbs.com and a representative
will be in touch with more information on how to easily
list your property or feature your company on PropertyBBS.
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