Commercial Industrial Exchange - Frequently Asked Questions
What is a CIE?
In 2002, the National Association of REALTORS® defined a CIE as “a property service in which members voluntarily post information about commercial properties for sale or lease, and do so without any offer of cooperation or compensation.” Since that time, the state of the CIE has evolved considerably to include not just the voluntary posting of property information, but the collection and updating of property data, tools to manage and analyze data, features such as mapping, demographics, high resolution photos, and e-mail marketing. In addition, property archives can be created that enable brokers to perform historical analyses for marketplaces, asset classes, and sub-markets. Brokers use CIE data to analyze pricing trends, vacancy rates, and other important analytics that add value to information they provide to their clients. In other words, the CIE has evolved from a “bulletin board” for posting data on available commercial properties to a feature rich toolbox that enables brokers to provide enhanced marketing and deal making services for their customers and clients.
How is the CIE different from an MLS?
Unlike the requirements of our MLS, the CIE does not require that an offering of cooperation or compensation be made with the listing.
Why should I join the CIE?
The CIE offers the Commercial / Industrial sales agent a different set of tools which are better geared toward the marketing of Commercial / Industrial Properties. The CIE also offers the CI sales agent a greater set of sales, research and demographic tools than would be found in the MLS which is Residential property-centric.
How do I join the CIE?
You may join the CIE by calling the DABR office and asking for CIE membership. You may also click the join menu option from the homepage of the CIE and follow the options given. Please note the following requirements:
- In order to join the CIE, a subscriber (sales agent) must also join or already be a member of the Dayton Area Board of REALTORS®.
- In order for a subscriber (sales agent) to join the CIE, the office Participant (Responsible Broker) must also join the Dayton Area Board of REALTORS® and the CIE.
- All members of the office must join the CIE as their primary service unless joining the CIE as a secondary service to MLS.
- If an office wishes to have access to both the MLS and CIE then the MLS/CIE Reciprocity Rules apply.
- Under the rules of MLS/CIE Reciprocity, an office must declare their primary service as either MLS or CIE and all members of the office must join the primary service.
- If subscriber office members of a primary service wish to join a secondary service, the office Participant must first join the secondary service then any member of that office may also join the secondary service.
Yes. There is a cost of $25.00 per month (billed in advance each quarter) over and above any other fees currently paid to the Board.
Is there a fee for office administrators to use the CIE?
Yes, office administrators who wish to have access to the CIE will be billed the same $25.00 monthly fee (billed in advance each quarter) in addition to any other fees currently paid to the Board.
Do members of MLS have to pay an additional fee to use the CIE?
Because the CIE is a separate service from our MLS, there is a $25.00 per month fee for CIE access. This fee is in addition to any other fees currently paid to the Board.
How do I access the CIE?
You may access the new CIE through the Commercial page of the DABR by following the link here: www.dabr.com/commercial or directly the site by navigating your Internet browser to: www.daytoncie.com.
Do I have to be a member of the DABR to use the CIE?
Yes, membership in the DABR is required.
Do I have to be a member of MLS to use the CIE?
No, MLS membership is optional.