MIAMI Association of REALTORS and Condo Rating Agency Launch New Tool to Track Condo Pre-Construction at Sold-Out South Florida Developer Showcase

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The MIAMI Association of REALTORS (MIAMI) and Condo Ratings Agency launched CraneSpotters.com at the sold-out South Florida Developers Showcase on Aug. 2. Cranespotters.com, a landmark new product, tracks where the latest condo developments are slated to break ground in the tri-county area east of I-95.

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Teresa King Kinney, MIAMI CEO

CraneSpotters.com allows our members to become experts on new construction in addition to existing housing inventory, further boosting their ability to serve buyers along with their success and profitability.

The MIAMI Association of REALTORS (MIAMI) and Condo Ratings Agency launched CraneSpotters.com at the sold-out South Florida Developers Showcase on Aug. 2. Cranespotters.com, a landmark new product, tracks where the latest condo developments are slated to break ground in the tri-county area east of I-95. The basic service is available to the general public. To subscribers of the full service, it offers a comprehensive and historical perspective of all existing and proposed projects. The 500-plus Realtors at the Developer Showcase responded to the announcement with great excitement.

Currently, there are 152 planned towers comprised of nearly 20,000 units in South Florida, according to CraneSpotters.com.

MIAMI has partnered with CraneSpotters.com to offer its members exclusive access to more in-depth information on the site. This partnership will enhance the way MIAMI Realtors serve the public and do business, particularly as it pertains to new construction, by providing extensive, up-to-date information on planned developments. CraneSpotters.com provides different levels of access for the public, MIAMI Realtors, and paid subscribers.

The interactive map featured on the new site, which is in 3D, consists of icons that represent each new condo site in pre-construction. A “Preconstruction Condo Project Tracker” tallies preconstruction inventory, including total, planned, proposed, presale, under construction, and completed towers. When a user clicks on one of the property icons, a small information box opens up and displays information about that specific project, including the new development’s name as well as the number of towers, floors, and units.

"We’ve created a pre-construction clearing house for the South Florida condo market,” said Peter Zalewski, founder of Condo Vultures. “This tool will be particularly useful for members of the MIAMI Association of Realtors in this new construction boom. Access to detailed information all in one place will allow MIAMI Members the ability to serve their clients more effectively and efficiently. The public can also access some of the information on the site”

The free information provided on the map is based on the latest public record filings for condo pre-construction in Miami-Dade, Broward, and Palm Beach counties, and is collected by a team of veteran real estate professionals who specialize in condominiums.

MIAMI Association CEO Teresa Kinney said the partnership with CraneSpotters.com will greatly benefit Realtors.

“The MIAMI Association of Realtors offers its members the top, leading-edge tools, services, and resources to be successful in the current market,” Kinney said. “New construction knowledge and information was lacking up until now. CraneSpotters.com allows our members to become experts on new construction in addition to existing housing inventory, further boosting their ability to serve buyers along with their success and profitability.”

CraneSpotters.com lets Realtors, buyers, and investors track a new condo project from start to finish. The site also plans to offer quarterly reports based on pre-sale pricing as well as subscription services for users seeking more detailed information. The site will also offer news, trends and other information on the South Florida real estate market.

“CraneSpotters.com will be a very valuable tool for our 29,000 members and the public in the thriving South Florida real estate market,” Kinney said. “Now more than ever it is critical that our members and buyers have fast-access to information on available inventory and to new construction information, which will soon become a significant aspect of our market and much needed housing supply.”

About the MIAMI Association of REALTORS
The MIAMI Association of REALTORS was chartered by the National Association of Realtors in 1920 and is celebrating 93 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of four organizations, the Residential Association, the Realtors Commercial Alliance, the Broward County Board of Governors, and the International Council, it represents more than 29,000 real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local association in the National Association of Realtors, and has partnerships with more than 100 international organizations worldwide. MIAMI’s official website is http://www.miamire.com/.

About the Condo Ratings Agency ™
The Condo Ratings Agency™ provides visitors the ability to conduct indepth research on nearly 1,000 condo projects in South Florida's seven largest coastal markets of Greater Downtown Miami, South Beach, Sunny Isles Beach, Hollywood / Hallandale Beach, Downtown Fort Lauderdale and the Beach, Boca Raton / Deerfield Beach, and Downtown West Palm Beach and Palm Beach Island.

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