MNCAR

What MNCAR does

MNCAR (Minnesota Commercial Association of REALTORS®) is a non-profit member-owned trade association serving commercial real estate professionals throughout the State of Minnesota, with a stated 1,300+ membership representing 95% of the listing agent population in the Twin Cities metro area. The association operates as a Member Board of the National Association of REALTORS® and the Minnesota Association of REALTORS®, controlling the use of the REALTOR® collective membership mark within its territorial jurisdiction and enforcing the NAR Code of Ethics and arbitration procedures. Its wholly owned subsidiary, Minnesota Commercial Property Exchange, Inc. (MCPE), operates the MNCAR Exchange — a commercial property database platform powered by third-party vendor Catylist, with data and research managed by REDIComps and certified quarterly by Top Producer Advisory Boards. The Exchange surfaces 12,000+ listings, 49,000+ properties, 125,000+ verified sales comps, an Exchange-Driven Broadcast Email system reaching 1,300+ brokers, and 30+ professional color reports, supplemented by a quarterly Notable Transactions archive dating to 2008.

MNCAR generates revenue from four primary streams: recurring membership dues (REALTOR, Affiliate at $325/yr, Economic Development Agency, Principal/Owner, and Student tiers, plus a $50 state-imposed fee for new members), event sponsorships structured as $10,000 Platinum Partnership and $3,750 Annual Sponsorship tiers, event registration fees for the Annual Expo (700+ deal-makers, 85+ exhibitors), Golf Tournament (140+ professionals), Awards Program, and monthly CE programming, and a separate MCPE Exchange membership fee. Continuing education is delivered through a partnership with The CE Shop (live since August 2021), which provides 25+ hours of pre-approved online courses with an exclusive 20% monthly member discount. The association is governed by a 4-person core staff led by Executive Director Matt Anfang, a Real Estate Board of Directors, a REALTOR Board of Directors, and multiple volunteer committees (Program, Expo & Awards, Golf, Sponsorship, Emerging Leaders, St. Cloud), with headquarters at 6600 France Avenue, Suite 603, Edina, Minnesota.

Name

MNCAR

Legal name

Minnesota Commercial Association of REALTORS®, Inc.

Website

https://mncar.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

MNCAR is a non-profit trade association serving 1,300+ commercial real estate professionals across Minnesota. It operates the MNCAR Exchange property database, runs signature industry events, and provides continuing education, data analytics, and Code of Ethics enforcement under NAR affiliation.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Trade Association

NAICS

Lessors of Other Real Estate Property (53119)

SIC

Real Estate (6500)

akta.pro primary industry

Cooperative (Co-op) Housing Association Management (BPAJAHAC)

Keywords

• Commercial real estate association
• Property listing database
• Real estate continuing education
• Market analytics reports
• Trade association membership

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Membership Dues: Annual membership dues collected from REALTOR, Affiliate, Economic Development Agency, Principal/Owner, and Student members. Dues are prorated; if joining October-December, price includes full membership through the following year. State-imposed $50 fee for new members from outside any association.
2. Event Sponsorships: Annual sponsorship tiers: $10,000 Platinum Partnership and $3,750 Annual Sponsorship, plus specific event sponsorships (Golf hole sponsorships, meal sponsorships, etc.). Affiliate memberships required for sponsorship at $325/year.
3. Event Registration Fees: Registration fees for signature events including Annual Expo, Golf Tournament, Awards Program, Trap Shoot, and monthly CE programming; discounted for members.
4. Exchange / MCPE Membership Fees: Separate membership fees for access to the Minnesota Commercial Property Exchange, Inc. (MCPE), the commercial property database platform.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

MNCAR is a non-profit member-owned trade association serving commercial real estate professionals in Minnesota. It provides a commercial property database (MNCAR Exchange), quarterly market analytics, continuing education, networking events, advocacy, and ethical standards enforcement for its 1,300+ members, who represent 95% of the Twin Cities listing agent population.

Differentiator

Problem solved

Functional benefit

Brands

• MNCAR Exchange: Member-owned commercial property database / information exchange platform powered by Catylist, with over 12,000 listings and 49,000 properties (also referenced as Minnesota Commercial Property Exchange / MCPE).

Products and services

• MNCAR Exchange Member-owned commercial real estate property database for MNCAR members, providing searchable listings, property records, verified sales comps, broadcast email marketing to brokers, and professional color reports.
• Market Trends Reports Quarterly local market analytic reports for Industrial, Office, and Retail sectors in the Minneapolis–St. Paul market, endorsed by top producers and certified by Top Producer Advisory Boards, covering market conditions, historical trends, vacancy rates, absorption activity, and significant transactions.
• Notable Transactions Reports Quarterly archive of significant commercial real estate transactions in the MNCAR market, sourced from the Data Review Committee, MNCAR Exchange databases, and local news sources, with history back to 2008.
• The CE Shop Online CE Courses Continuing education platform accessed via mncar.theceshop.com providing MNCAR members with 25+ hours of pre-approved online CE courses anytime, anywhere, with a 20% member discount promo code.
• MNCAR Membership Program Multi-tier association membership program offering benefits such as discounted event pricing, networking, monthly e-newsletter, sponsorship priority, committee access, and Exchange member pricing.
• MNCAR Expo Annual signature commercial real estate event gathering 700+ deal-makers, 85+ exhibitors, food, drinks, giveaways, prizes, and the annual Awards Program with open bar at The Minneapolis Depot.
• MNCAR Golf Tournament Annual signature golf event with 140+ CRE professionals, multiple sponsorship packages, silent auction, and proceeds donated to a charity partner each year.
• MNCAR Awards Program Annual peer-nomination awards program recognizing the Broker of the Year (5+ years), Rising Star of the Year (5 years or less), and Volunteer of the Year, with winners chosen by committee.

Quantifiable outcome

• Members represent 95% of listing agent population in the metro area
• +6 more outcomes

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and flagship.

• The CE ShopcoreTechnology or IntegrationMNCAR partnered with The CE Shop to provide members access to over 25 hours of pre-approved online CE courses anytime, anywhere through the MNCAR website. Exclusively through MNCAR, members receive a monthly promo code for 20% off registration. Contact: [email protected] / 952-908-1792.
• REDIComps (REDI)flagshipStrategic or Co-development PartnerMNCAR has a long-standing partnership with REDI to manage the data and research for the Exchange. REDIComps facilitates Top Producer Advisory Boards in each market that review and certify quarterly analytic information. REDI staff (Chris Allen - Director of Analytics, Molly Bengston - Director of Client Services, Kim Platz - Director of Research, Michelle Siegert - Researcher) handle Minneapolis/St. Paul Advisory Boards, Market Trend Reports, Exchange Inquiries, Support, Training, and Marketing/Communication.
• CatylistflagshipTechnology or IntegrationCatylist provides the technological platform that powers the MNCAR Exchange commercial property database, which enables search across 12,000+ listings and 49,000 properties, generates 30+ professional color reports, and delivers broadcast email capabilities. The Exchange is "Powered by Catylist" per MNCAR marketing.
• Commercial Real Estate Diversity Collaborative (CREDC)coreStrategic or Co-development PartnerMNCAR is a proud member and contributor of the Commercial Real Estate Diversity Collaborative (CREDC), a collaboration of multiple commercial real estate associations and individual members promoting and expanding diversity within the commercial real estate industry.
• National Association of REALTORS® (NAR)flagshipStrategic or Co-development PartnerMNCAR is a Member Board of the NATIONAL ASSOCIATION OF REALTORS® and adopts/enforces the NAR Code of Ethics. Each REALTOR® Member of MNCAR is entitled to membership in NAR. MNCAR's territorial jurisdiction as a NAR Member is the State of Minnesota.
• Minnesota Association of REALTORS® (MNAR)flagshipStrategic or Co-development PartnerMNCAR is a Member of the Minnesota Association of REALTORS® and MNAR's Professional Standards Committee handles Code of Ethics enforcement, disciplining of Members, and arbitration of disputes for MNCAR.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Others

• BOMA International (Building Owners and Managers Association): International trade association for commercial building owners, managers, and developers. Adjacent to MNCAR's domain in that it covers a related CRE constituency, but serves building operators rather than transaction brokers and does not directly compete for MNCAR's member base.
• IREM (Institute of Real Estate Management): International association for real estate management professionals offering the CPM designation, education, and ethics standards. Adjacent CRE professional organization serving property managers rather than brokers; does not directly compete with MNCAR but shares the CRE professional association ecosystem.
• Appraisal Institute: Global professional association of real estate appraisers offering the MAI and SRA designations. Adjacent CRE profession served by MNCAR's broker-focused community; shares the continuing education and ethics framework but addresses a different CRE specialty.
• Commercial Real Estate Diversity Collaborative (CREDC): Multi-association collaboration promoting diversity and inclusion within commercial real estate. MNCAR is a member and contributor. Comparable as a CRE community organization, but functions as a coalition across associations rather than a competing member-based body.

Broad incumbents

• National Association of REALTORS (NAR): National federation that MNCAR is a Member Board of. NAR sets the REALTOR® trademark standards and Code of Ethics that MNCAR enforces within Minnesota. Comparable as the apex body in the same federated REALTOR ecosystem, but operates at national scale across all property types rather than commercial-only.
• NAIOP Commercial Real Estate Development Association: National commercial real estate development association representing office, industrial, and mixed-use developers and owners. Comparable as a CRE-focused trade association offering research, networking events, and advocacy, but serves developers/owners rather than brokers and operates nationally with local chapters.
• CCIM Institute: National commercial real estate designation body offering the CCIM credential, education, and a member network of commercial brokers and developers. Comparable as a CRE professional membership organization providing education and networking, though focused on designation rather than regional association governance.
• Society of Industrial and Office Realtors (SIOR): International society of industrial and office real estate brokers holding the SIOR designation. Comparable as a CRE broker membership organization with rigorous admission standards, networking events, and ethics enforcement, but specialized to industrial/office subsegments and operating globally rather than at the state level.
• International Council of Shopping Centers (ICSC): Global trade association for the retail real estate industry, serving shopping center owners, developers, brokers, and retailers. Comparable as a CRE subsegment membership organization providing education, events, and advocacy, but focused specifically on retail rather than full-spectrum commercial.

Direct peers

• Minnesota Association of REALTORS (MNAR): State-level REALTOR association that shares territory with MNCAR and handles Professional Standards, Code of Ethics enforcement, and arbitration for MNCAR members. Directly comparable as a sister state REALTOR association, though MNAR covers all property types while MNCAR is commercial-only.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GoMNCAR
• Facebookfacebook.com/Minnesota-Commercial-Association-of-Real-Estate-224389907662894
• LinkedInlinkedin.com/company/minnesota-commercial-association-of-realtors

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MNCAR