Xceligent’s exit creates void for brokers
The unexpected Chapter 7 bankruptcy of Xceligent, a listing service for the commercial real estate market, has turned that industry upside down and sent Realtors scrambling to find a reasonably priced alternative.
Nathan Klein, partner and commercial brokerage manager for LC Real Estate Group LLC in Loveland, said that the big problem with the demise of Xceligent is that it was universally adopted by brokers in Northern Colorado and many independent brokerages…
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