RealtyRates.com Signs Six Government Agencies

RealtyRates.com Signs Six Government Agencies. State, Local and Federal Agencies Turn to Investor Survey for Commercial Real Estate Investment and Financial Data.

For immediate Release

BRADENTON, FLORIDA - February 22, 2002

Internet-based information service provider RealtyRates.com has announced that six state, local and federal agencies have selected the firm's quarterly Investor Survey for commercial real estate investment and financial data.

According to RealtyRates.com president Robert Watts, "These contracts are further evidence of the wide-spread and growing demand for the type of timely, accurate commercial real estate data that is the hallmark of RealtyRates.com. Just like the private sector, numerous government agencies at all levels need these kinds of data for everything from tax assessment to the evaluation and disposition of their own real estate assets."

The six government agencies include the Office of Community Development, city of West Wendover, NV; the Manatee and Hillsborough County, FL Property Appraisers; the Chester County, PA Tax Assessor, the Texas General Land Office, and the U.S. Navy's Naval Facilities & Engineering Command..

The RealtyRates.com (http://www.RealtyRates.com) Investor Survey is a quarterly compilation of commercial real estate mortgage and equity requirements and capitalization and discount rates, data essential to the valuation, acquisition, marketing, and disposition of income producing property. The company's Web site also serves as a largely free online news, research and reference center for commercial appraisers, brokers, lenders, investors, educators, and now government agencies.