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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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Any Real Estate Guys use CoStar?
Small chance but, I know there are some other commercial real estate guys on this board. Anyone using the services of CoStar? They bill themselves as the # 1 Commercial Real Estate Information Company.
They offer valuation tools, sales and leasing information on comm R/E in many markets in the US UK and Canada. Any feedback would be great. Thanks.
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87' Carmine Red Carrera - Keeper 82' Silver SC - Sold 79' Gran Prix White SC - Sold 05' Black C2S - Daily driver I have never really completely understood anything. |
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Registered
Join Date: Nov 2000
Location: AZ
Posts: 8,414
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Yep, they are the 1,000 lb. gorilla in the commercial RE info space, especially after acquiring LoopNet a few years back. Depending on the "tier" you have/need, subscription fees can be ridiculous.
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not as smart as I think
Join Date: Oct 2006
Location: Northern California
Posts: 769
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Yes, Costar has tremendous access to information, given that, their information may not be perfect. Are you a commercial broker? If you are, and you are questioning Costar, then I would suspect they have not made it into your market yet. If that is the case, then their information there is likely lacking.
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1978 911SC stock-SOLD 1985 911 Carrera Stock |
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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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Yep. Commercial broker.
They are newly in the Toronto market so far and trying to get into Vancouver (my market). I think their subscription fee is +-$900/month for what I want. I invest a lot into my business so I'm OK with the fee if the service can live up to its hype. I have tried services that cater to my business before with mixed results. t don't think they have my market covered yet as the rep is based in Toronto. The info they do provide in their more mature markets is pretty compelling. I like to early adopt and I think if this service delivers as advertised I could have a 24-36 month jump on my competitors. Thanks for the responses.
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87' Carmine Red Carrera - Keeper 82' Silver SC - Sold 79' Gran Prix White SC - Sold 05' Black C2S - Daily driver I have never really completely understood anything. |
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