What does costar cost

What key features are most important to you in Property Management Software? View all reviews. Industry: Commercial Real Estate. It has been great - love that if I have a question the Costar team will answer quickly and even stop by the office to help with any issues I am having. They are great at keeping us up to date on all the latest additions to the software.

Love that you can quickly get all listings of for lease or for sale property in a city or a trade area or a polygon that you create yourself. So many different tools in Costar, I am sure I am not utilizing the software to its fullest potential. Since it is so expensive you have to use it to get you money's worth. Use the data, the market report generations and leverage that in your business.

If you use that, you will have a good experience. CoStar has so many different features that it offers. It really is the one stop shop that you need when working in commercial real estate.

I like how you can search CRE data, create market stats, and market your listings all in one spot. What I like least about CoStar is the price tag. It is expensive, but the data and the support you get from it outweighs the cost. I encourage anyone using or considering Costar, to attend their annual Customer appreciation event in November.

You will not be disappointed Core functionality-Costar is a significantly more mature product. Company size: 5,, employees. I don't know what other software is like this one. Everyone uses this software so it's hard to switch to something that no one knows about. Overall, it gets the job done. I love how you can find every single commercial property on here. There are even a few free commercial real estate listings options. Brevitas is a real estate collaboration and workflow platform that offers a marketplace for private, open, and off market commercial real estate.

The company has a membership model that requires a sign up to browse commercial real estate listings for sale and lease. Based out of Canada, Spacelist has 49, properties available from across the country in a number of commercial categories including office space, retail, light industrial, and multi-family.

A Standard account on the site is free and allows for listings and inclusion in the free search tool. QuantumListing is a nationwide commercial listing platform. Their listings are not kept behind a paywall, so every listing is searchable by anyone with an internet connection. Brokers and owners can post an unlimited number of listings for the same price.

All listings are treated equally, and all are shared to their social media accounts to increase the searchability on the web. QuantumListing allows following agents for easy access to their listings and favorite individual listings.

In , they introduced a new network feature for commercial broker associations and multi-office brokerages. Commercial Cafe is a commercial real estate information services provider with nearly , listings available. Listings include all commercial real estate property categories like commercial office space, industrial space, retail space for lease and for sale.

Their database is among the largest with 1. Commercial Real Estate Exchange, Inc. Since launching in , CREXi has quickly become the most active marketplace in the industry. Biproxi is a subscription-free listing, discovery and transaction platform that uses proprietary tech to verify listings, buyers, sellers and tenants.

It includes a free commercial multiple listing service, marketing platforms for sales and leasing, and a suite of customized marketing tools — all geared toward improving the transaction process for middle-market CRE brokers, buyers, sellers and tenants. The commercial listing and data vault portion of Biproxi is completely free. It allows buyers and tenants to find properties that interest them and reach out to the brokers.

Besides free listings, they also provide data analytics, prospect contact information, and the ability to receive offers. Ten-X acquired by CoStar is an end-to-end transaction platform for commercial real estate where users are matched with opportunities based on their objectives including asset types like office, multi family, retail, hotel, industrial, self-storage, land, and special purpose.

Every property listing on the Ten-X marketplace is qualified and all buyers are vetted ahead of each sale. This ensures complete transparency, along with a streamlined, secure online transaction when buying or selling your commercial property. With thousands of listings from across the United States in these categories, there are a lot of options here. Free Basic Membership allows you to search the listings only. This is critical for appraiser credibility and the success of their clients.

You can compare data such as average rent, location, building class, building size, and other parameters. More importantly, CompStak gives appraisers access to a unique dataset that cannot be obtained elsewhere: commercial lease comps.

For appraisers appraising commercial property using the income approach, understanding what the market pays in rent for similar properties is critical. For all brokerage and or valuation professionals, the CompStak Exchange is free, which makes it a viable CoStar alternative.

This makes a vast amount of essential comps data available to all users. Other commercial real estate professionals need to pay for an Enterprise account. Trrend is a commercial real estate sale and lease comps software platform available at an affordable price. Comparables database management is one of the features offered. Trrend enables CRE professionals and firms to generate and manage their own internal comps database. Appraisers can add comps or import comps from legacy systems.

Unlike CompStak, which provides comps that appraisers do not have via crowdsourcing, Trrend only allows appraisers to manage the comps they already have, and does not provide analysis or machine learning verification.

Reonomy is a CRE online data resource that leverages AI and machine learning to locate property opportunities and can be used by appraisers. This CoStar alternative provides information on such as property owner information, portfolio data, transaction, and debt history. Generating data from a wide range of resources, Reonomy can display up to data points for any given asset, such as renovation details, sales history, opportunity zone status, and tax history.

Reonomy's data comes almost exclusively from public sources, which means that commercial lease comps are not available. Advanced packages let you dig into features such as tenant details and advanced filters. Team and enterprise packages are negotiable.

Real Capital Analytics RCA provides an extensive record of CRE transactions, developments, property sales, recapitalizations, and refinancings which makes it a viable CoStar alternative. RCA covers sales transactions in real time, including closed and pending deals with hands-on feedback from brokers, investors, and other data partners. CRE professionals then conduct a data science assisted evaluation focused on market pricing, capital flow, and investments. Access to the RCA database in only by subscription.

RCA is classified as a high-end, costlier solution. LoopNet provides US commercial property listings for sale and lease with over K current listings. Once independent, LoopNet is owned by CoStar, but can be used independently. LoopNet also provides data about recently sold or off-market assets.

However, the prices for off-market and sold properties are not shown in the data provided. In other words, while LoopNet offers some useful data for research purposes, it does not provide actual CRE comps. While some appraisers use listings in the absence of closed transactions comps , it is not considered a best practice, unless no relevant comps can be obtained.

For example, no rent data or sales prices are shown for closed transactions. The 42Floors website layout is modeled after search engines, and you can search according to market, city, or address data.