What you need to know…
When State-Wide MLS launched the Rhode Island Commercial Information Exchange (RICIE) in 2013, its purpose was to provide those working in the commercial real estate market with specialized research and marketing tools just as MLS has delivered to residential practitioners for many years. In building RICIE, State-Wide MLS embraced the Catylist system, the nation’s leading commercial information exchange.
By 2018, RICIE had become so successful that it was expanded in order to offer commercial practitioners throughout New England access to the cost-effective tools that the Catylist system provides. The expanded system is now known as the East Coast Commercial Property Network.
With State-Wide’s move to Matrix in 2017, the MLS system no longer supports the management of most active commercial property records. Rather, EastCoastCPN.com is the means to list, search and access research on most commercial properties. Specifically:
Since Matrix launched on December 7th, 2017, the Commercial Industrial/Investment (Category 5 – CII), Business Only (Category 6 – BUS) and Commercial Lease (Category 7 – CIL) property types have been replaced with a new “Commercial Multifamily/Mixed-Use” (CMM) category. Now only 5+ unit multifamily and mixed-use (which includes a residential unit) commercial property types are accepted into Matrix, while all other commercial listings need to be entered & maintained in East Coast Commercial Property Network exclusively. At a minimum, all RI REALTORS® receive free, basic-level access to East Coast CPN.
Where can I learn more about East Coast Commercial Property Network & Matrix?
Please visit our “About East Coast CPN” resource page for more information about system features, types of access levels and more!
Visit our Matrix online resource page for more information or contact our Tech Support Help Desk at 785-9898 (select Option 3).