Monday, September 29, 2008

Marcus & Millichap Named One of the Top Innovators in Technology


The firm has received this honor for the third consecutive year.

ENCINO, CA, Sept. 29, 2008 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment brokerage firm, has been named one of the Top 500 innovators in technology by Informattion Week magazine.

For the third year in a row, Marcus & Millichap has received this honor from Information Week.

“Since our company was founded in 1971, we have been a pioneer in real estate technology, and each year we make a concerted effort to deliver new and groundbreaking use of technology in our business,” explains Harvey E. Green, (top right photo) president and chief executive officer of Marcus & Millichap.

“This recognition honor by Information Week is a reflection of the company’s commitment to providing our agents and clients with the cutting-edge technology they need to achieve superior results for our clientsmarket and close transactions.

" Two of our groundbreaking innovations include MNet, a proprietary database of property listings that allows our agents to match properties and buyers nationwide; and Marketplace, which automates the distribution of professional-quality marketing materials for individual listings on behalf of our clients.”

Marcus & Millichap recently launched Reach, a program that allows agents to manage and track their e-mail correspondence (Can we describe this better or more clearer? It sounds very basic that Reach tracks email correspondence); and Liaison, a secure collaboration site that allows clients and agents to share detailed transaction information about specific properties, according to Richard H. Peltz, (middle left photo) senior vice president and chief information officer of Marcus & Millichap.

"Our Information Services group makes continuous improvements to our firm’s technology platform,” explains Peltz. “We recently upgraded our Marketplace platform by creating new and improved templates for our agents, which improves the efficiency of delivering professional-quality marketing materials to our clients.”

The Information Week 500 awards are given to firms with innovations that improved services for both clients and employees. Marcus & Millichap placed in the ttop 5 percentile, which is an honor considering that the magazine received more than 6,500 applications from blue chip companies from all over the world.
“We are proud to receive this recognition from Information Week and are looking ahead to continually improve our technology platform,” says Peltz.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

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