Does anyone here have both CoStar and Crexi or has migrated from one to the other?
I've been talking to Crexi and they won't give me a trial and want a year commitment.  I have costar, and have used costar for about a decade.  I do list properties but most of my business is shifting into consulting and acquisitions.  I got the feeling from my calls/zoom with the crexi folks the platform is mostly for listing.  About 80% of what I do on CoStar is comp research/market research/property research.  How does Crexi compare there?  It isn't perfect but tbh the CoStar contacts where you can get pm/broker/true owner/etc quickly is super useful to me.  Does crexi have that kind of proprety level data?  I also commonly look at the mortgage info/deeds/etc (though I can pull this on my own just having it there helps a lot as far as time).

Just curious about anyone's personal experience.  I understand we all hate CoStar.  I do too.  That said, I am not trying to get worse data to save money.  Does Crexi add something CoStar doesn't or is it just a cheaper competitor?  Is there a reason to have both?  If you drop CoStar and go with Crexi have you found yourself not having the best data?
[{"id": "gxwhhb2", "text": "CoStar is solid, but expensive. I'm sure we're going to see plethora of viable competitors for a fraction of the cost in the coming years. I like the interface with Crexi, but CoStar does a good job of compiling data to make it easy for market research. \n\nThat being said, all the data that is compiled by CoStar can be attained by asking a local real estate broker that works for a larger firm (CBRE, Newmark, M&amp;M). All of these companies have analysts running similar projects as CoStar and may even be getting some of their figures from the CoStar itself.\n\nIt is nice to have it at the click of a button if you have a large development/acquisition pipeline, but seems to me to be more than you need if you are a part of a smaller operation.\n\nBrokers are happy to send these reports, they want your business.", "replies": [{"id": "gxwi188", "text": "I am a broker for clarity ;)", "replies": [{"id": "gxwlf6c", "text": "Does your firm keep these materials handy?", "replies": [{"id": "gxwltz2", "text": "Not really we are boutique.  I'm pretty much reliant on a 3rd party data provider", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "gxx66cy", "text": "I suppose it depends on what you are using it for. Is it to find properties for clients or to sell/lease your listings. I am in SoCal and rarely do other brokers bring me deals on leases. 95% of my lease deals are direct and come from either my signs or loopnet. Sale deals come from loopnet most often and sometimes other sources (AIR/Catalyst, CoStar). I have had a few people reach out to me via Crexi but never have closed a deal using their platform.", "replies": [], "depth": 2}], "depth": 1}, {"id": "gxwhirp", "text": "When did we start hating Costar? I didn't get the memo.", "replies": [{"id": "gxwihzv", "text": "I thought my opinion was kind of general, but maybe not.  Good product, bad company, high cost.  I really wish XCeligent took off.", "replies": [{"id": "gxwoscb", "text": "I\u2019ve never heard anyone complain about Costar, but maybe I live in a bubble. I feel like I get my money\u2019s worth out of the Costar national access we pay for.", "replies": [{"id": "gxx5xv0", "text": "You live in a bubble as CoStar is the gustapo of commercial real estate providers. We give them our data for free, which they in turn, sell back to us at an exorbitant fee and try and force EVERY agent in your office to pay for a subscription even if they don't do commercial deals. They are also a monopoly that for some reason the US has looked the other way about.", "replies": [{"id": "gxxdi14", "text": "Interesting. I guess I was still hoping to win that free Tesla at ICSC... \ud83d\ude1c", "replies": [], "depth": 5}], "depth": 4}, {"id": "gxx7nsm", "text": "Brokers constantly complain about CoStar. They gripe that CoStar isn\u2019t accurate and then flip out when CoStar calls them to verify data. \n\nI always share dates and SF leased of deals but not necessarily lease rates. Not sure why most brokers are so tight with their info", "replies": [{"id": "gxzz6yo", "text": "Real (and detailed) lease comp data is very valuable. Why would brokers want to cough up that info to CoStar for free, only for CoStar to turn around and charge them extremely high prices for it?  brokers share detailed, accurate comps with other brokers when it benefits both parties.  why share your comps with every single broker on CoStar?", "replies": [{"id": "gy03gcr", "text": "Totally agree that detailed comp data should be valued (tenant info, lease rates). I don\u2019t get the complaints brokers have about sharing even lease dates with CoStar especially when they rely on CoStar for availability reports/market survey info.", "replies": [{"id": "gyktro0", "text": "&gt;  I don\u2019t get the complaints brokers have about sharing even lease dates \n\nDo you mean initial date or term?  I don't give term because I don't want other brokers calling my clients tenants and poaching them.  Even initial date can be used to guess at 3/5/10 years etc.\n\nData is worth a lot of money.  we pay them for it obviously, it doesn't mean I want to give mine away for free.", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "hnkfanc", "text": "Honestly it\u2019s hilarious. 2 weeks into having CoStar I double ended a deal and got an $85k commission. I pay like $5k a year. \n\nI hope to be retired by the time that first commission isn\u2019t covering my bill.", "replies": [], "depth": 2}], "depth": 1}, {"id": "gxwoonn", "text": "It sounds like you mainly deal with office space, but for multifamily I'd reccomend taking a look at Yardi", "replies": [{"id": "gyijpho", "text": "Axio as well, probably the best raw data, just a bad UI", "replies": [], "depth": 2}], "depth": 1}, {"id": "gxww9np", "text": "I\u2019ve got both, but Crexi is only good for listing. It doesn\u2019t have near the property data that CoStar does.", "replies": [], "depth": 1}, {"id": "gy3hfge", "text": "Maybe check Yardi's [https://www.commercialedge.com](https://www.commercialedge.com) and request a demo to see if it fits your needs. :)", "replies": [], "depth": 1}, {"id": "gzdkk9y", "text": "Crexi is still not there quite yet. As of now I consider it a supplement to CoStar. I think it\u2019s definitely worth it for listings across markets.", "replies": [], "depth": 1}, {"id": "ile0eo5", "text": "I cannot read the replies.  I am new to Reddit.  Can anyone tell me why?  I am logged in and show as 'joined'.", "replies": [], "depth": 1}, {"id": "ile0tw9", "text": "Once I made a comment, I was able to see everyone else's comments.  Anyone like ALN?", "replies": [], "depth": 1}]