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CoreLogic Matrix VS LoopNet

Compare CoreLogic Matrix VS LoopNet and see what are their differences

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CoreLogic Matrix logo CoreLogic Matrix

Matrix from CoreLogic sets a powerful new standard for multiple listing platofrms. Choosing the right enterprise-level application software is the single most important decision a multiple listing organization will make.

LoopNet logo LoopNet

LoopNet is an online commercial real estate marketplace that connects buyers, tenants, and investors.
  • CoreLogic Matrix Landing page
    Landing page //
    2023-05-07
  • LoopNet Landing page
    Landing page //
    2023-06-27

CoreLogic Matrix features and specs

  • Comprehensive Data Management
    CoreLogic Matrix offers robust data management capabilities, allowing users to handle extensive property data efficiently. It helps streamline the data entry and retrieval process, which is beneficial for real estate professionals.
  • User-Friendly Interface
    The platform provides a user-friendly interface that is easy to navigate. This reduces the learning curve for new users and enhances productivity by making complex data more accessible.
  • Customizable Features
    CoreLogic Matrix allows for customization to suit the specific needs of different users or brokerage firms. This flexibility can help optimize workflows and better serve various client needs.
  • Mobile Access
    The system offers mobile accessibility, allowing users to access MLS data on the go. This is particularly useful for real estate agents who need real-time data while showing properties.
  • Integration Capabilities
    CoreLogic Matrix can integrate with various other real estate tools and platforms, enhancing its functionality and providing a seamless experience for users managing multiple systems.

Possible disadvantages of CoreLogic Matrix

  • Complexity for New Users
    Despite its user-friendly interface, new users may find the initially complexity daunting due to its wide range of features and functionalities.
  • Cost
    The platform can be expensive for smaller firms or individual agents, making it less accessible for those operating with limited budgets.
  • Customization Challenges
    Some users might find the customization process challenging without technical assistance, which can limit the ability to tailor the system to specific needs.
  • Dependence on Internet Connectivity
    As a web-based platform, it requires a stable internet connection. Poor connectivity can hinder access and reduce productivity, especially in areas with unreliable internet service.
  • Feature Overload
    For some users, especially those who require only basic MLS functionalities, the extensive features of CoreLogic Matrix can be overwhelming and underutilized.

LoopNet features and specs

  • Comprehensive Listings
    LoopNet offers a wide range of property listings, including commercial real estate for sale and for lease, making it easier for users to find the type of property they are looking for.
  • User-Friendly Interface
    The platform is designed with an easy-to-navigate interface, which improves the user experience by making it simple to search and filter listings.
  • Market Data and Analytics
    LoopNet provides valuable market data and analytics tools that can help users make informed decisions about buying, selling, or leasing properties.
  • Wide Audience Reach
    Thanks to its popularity, LoopNet attracts a large number of users, increasing the chances of finding buyers or tenants more quickly.
  • Mobile App
    LoopNet offers a mobile app, allowing users to access listings, save searches, and get notifications on the go.

Possible disadvantages of LoopNet

  • Cost
    Listing properties on LoopNet can be expensive, especially for premium listings, which may not be feasible for smaller companies or individual sellers.
  • Competition
    Due to its popularity, LoopNet has a high level of competition, making it more challenging for a new listing to stand out and attract attention quickly.
  • Limited Residential Listings
    LoopNet mainly focuses on commercial real estate, so it has limited options for those looking for residential properties.
  • Occasional Outdated Listings
    Some users report that certain listings on LoopNet are not updated regularly, leading to potential frustration when trying to contact sellers or landlords.
  • Learning Curve for New Users
    While LoopNet is user-friendly, there is still a learning curve for new users who are unfamiliar with navigating real estate platforms, particularly regarding the use of advanced search features and analytics tools.

CoreLogic Matrix videos

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LoopNet videos

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How to Best Use Loopnet to Find Deals | Mentorship Monday 062

More videos:

  • Review - Should I use Loopnet, Costar, CommGate...etc.. to find commercial properties

Category Popularity

0-100% (relative to CoreLogic Matrix and LoopNet)

CoreLogic Matrix

LoopNet

Classifieds Ads
30 30%
Classifieds Ads
70% 70
Classifieds
30 30%
Classifieds
70% 70
eCommerce
37 37%
eCommerce
63% 63
Buy
22 22%
Buy
78% 78

User comments

Share your experience with using CoreLogic Matrix and LoopNet. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, LoopNet seems to be more popular. It has been mentiond 27 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoreLogic Matrix mentions (0)

We have not tracked any mentions of CoreLogic Matrix yet. Tracking of CoreLogic Matrix recommendations started around Mar 2021.

LoopNet mentions (27)

  • Is there a bigger waste of space in the entire valley than the Rainbow Dunes Center on Rainbow and Spring Mountain? It's in a super bustling shopping and restaurant area with loads of daily traffic yet it's been rotting away vacant for over 20 years.
    It has since been pulled off loopnet.com (loopnet is like Zillow but for commercial properties)https://www.loopnet.com/Listing/3405-3429-S-Rainbow-Blvd-Las-Vegas-NV/8355792. Source: over 1 year ago
  • How much would it cost to open a gym and run it for a month
    If you are in the USA, go on loopnet.com, put in your zip code, and you will get a general idea how much rent is. Source: almost 2 years ago
  • What are the steps to open a physical bakery?
    Start by looking on loopnet.com to see what commercial spaces in your area are going for. Remember, when looking at rent costs, there is often something called triple net (or NNN) which covers variable expenses for the landlord and can add another $1-2/sf/mo to your cost. See my responses to your other questions below. Source: almost 2 years ago
  • Office space
    Hit up loopnet.com and find something that works for you. Source: almost 2 years ago
  • Get a house with VA loan or apartment
    Https://www.loopnet.com/search/apartment-buildings/for-sale/?sk=40e067a77ef67b3aa6a2fe82a9faab91&bb=swuv67ws3Jzl-t_hhC Looks to be about a half dozen between Ft Worth and Dallas. Good luck. Source: about 2 years ago
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What are some alternatives?

When comparing CoreLogic Matrix and LoopNet, you can also consider the following products

Zillow - Is that home for sale? What is it worth? Where can I find foreclosures? Stop wondering!

Trulia - Trulia’s top-rated real estate app helps you find the perfect home, wherever you are.

Zumper - Apartments and houses for rent - apartment finder and search.

Redfin - Our mission is to reinvent real estate in the consumer’s favor.

HotPads - The place to find your next place

VivaReal - VivaReal is an online real estate marketplace that connects buyers, sellers, and renters with properties in Brazil.

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