Berkshire-Hathaway and RealMassive Announce Commercial Data Partnership

RealMassive, commercial real estate’s first open and connected digital marketplace, will provide automated property listing and digital marketing exposure for all Berkshire Hathaway HomeServices Commercial Group’s (BHHS) represented commercial properties. Through an innovative API-based connection,  BHHS’ inventory data will transfer automatically and in real-time to RealMassive’s national, open database. The connection also delivers BHHS’ brokers and their clients mobile-optimized visibility across multiple markets, search, and social channels.

“We’re excited and pleased to be the first commercial real estate brokerage service provider to partner this way with RealMassive and take the first steps toward real open access for commercial real estate property data. Open access to CRE property data is changing the way brokerage is done and at Berkshire Hathaway HomeServices Commercial Group we’re proud to be the first to automate with RealMassive. It gives us a real advantage for our clients, for our agents and for the business community.” Michael W. Fields

“Our partnership with this industry giant and established household brand further separates us from traditional commercial data providers. Like us, the BHHS team is in constant pursuit of modern, digital business practices and we are excited about our future together. RealMassive’s focus on data automation, open access, and mobile solutions will help us both achieve our objectives as we support the growth and expansion of their commercial services division.” - Patrick Lashinsky, CEO of RealMassive

This announcement comes on the heels of significant advancements in data growth and market coverage for the Austin-based tech firm. Already presenting nearly four billion square feet of commercial property and land, RealMassive is in pursuit of tripling their property data inventory by the end of 2017.

State approves property valuations for Douglas County

When a local tax issue starts hitting the national press, there are issues. From The Washington Times:

OMAHA, Neb. (AP) - The state has approved property valuations for Douglas County that were adjusted after an initial outcry.

Assessor/Register of Deeds Diane Battiato (bah-tee-AH’-toh) was flooded with complaints since preliminary evaluations for 2017 were posted in January. She explained that her office was catching up with a hot real estate market and with properties that had not been reassessed in years.

But last month she submitted lowered figures to the state Tax Equalization and Review Commission, aiming at a median value of 93 percent of market value, within the state-required 92 to 100 percent.

The Omaha World-Herald (http://bit.ly/2qo3I9s ) reports that the commission has approved the figures, which property owners can still protest after they receive their notices from the county. The notices must be mailed on or before June 1.

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Information from: Omaha World-Herald, http://www.omaha.com

Smith Slusky Law is home to an outstanding team of Commercial Real Estate lawyers, including Shaun James.

Shaun has focused her legal career in a number of commercial real estate areas and her successes last year with property tax valuation are noteworthy.

Here’s a partial rundown of her work last year:

• 214 protests filed on behalf of clients in 7 Nebraska counties
• Total original assessed valuations $180,171,581
• Reductions received $35,669,260
• Nebraska property taxes average 2% to 2.3%
• At average of 2.15%, the total tax savings to our clients prior to filing appeals to the Tax Equalization & Review Commission, is $766,890

If you are looking for real estate valuation, call Jerry Slusky at (402) 392-0101