I work for a tech startup called REscour. Would appreciate it if I could get product feedback from industry pros...
I don't intend for this to go against the blatant advertising rule. I would just like to get some feedback while we are working on developing new features for our product.

To give you some background information:

About a year ago a friend who is in the multi-family industry was complaining about all the time he was spending sifting through flyers, emails, websites, and updating an internal excel file with information. He was spending upwards of 30 hours a month trying to find properties that fit his company's investment criteria.

So we decided to design a product that would solve this problem. What we created was a web-based application that would allow users to search a database of multi-family properties based on their own criteria, much like Zillow does with residential properties. This would allow them to spend their time saved by actually working on deals, and ease and streamline their property search process. 

We've been working on it for 10 months and while we've gotten a lot of solid feedback, I thought Reddit would be a place where people could (would) be much more honest in their opinions. 

The website is [REscour](https://rescour.com)

The free demo is [here](http://demo.rescour.com/market)


Please ask questions and give feedback! I would really like to hear it - good and bad!



EDIT 1:

I should also clarify that majority of our customers are acquisition teams.

One of our major differences is pricing. We've already got several customers paying around $200/month for our services. Companies like CoStar and Loopnet can charge up to $30,000/year with that charge coming up front. We're allow customers to pay on a month-to-month basis. If they decide it's not for them after a month or two, they haven't had to throw a large amount of money into it.

We also list properties that fit our targeted consumer. We mainly list properties valued over $5,000,000. This lets our users search without being flooded with 5-unit class C type properties that they don't invest in.
At the moment we're focusing on the southeast US, but plan to expand listings at the end of the year.

We've developed software that updates the information pulled from various sources, making it as accurate as the broker's listing information. We're also currently in the process of adding comps and a geo-news feature. News articles about upcoming developments, construction, or major tenant changes will be pinned to a map, giving a much better visual of what the area will look like without speculation.

[{"id": "cbxzvg0", "text": "Just curious how this product and websites like MLS, CoStar and Loopnet differ? Is this country wide? Are people going to have to pay for it? It seems cool, but I'm not sure why everyone would switch over. How does the information get updated?", "replies": [{"id": "cby009v", "text": "That's a good point - I know you have to pay for upgraded features on CoStar and Loopnet - how will OP's product differ?", "replies": [{"id": "cbykg39", "text": "I've answered your question above.\n", "replies": [], "depth": 3}], "depth": 2}, {"id": "cbykfri", "text": "One of our major differences is pricing. We've already got several customers paying around $200/month for our services. Companies like CoStar and Loopnet can charge up to $30,000/year with that charge coming up front. We're allow customers to pay on a month-to-month basis. If they decide it's not for them after a month or two, they haven't had to throw a large amount of money into it. \n\nWe also list properties that fit our targeted consumer. We mainly list properties valued over $5,000,000. This lets our users search without being flooded with 5-unit class C type properties that they don't invest in.\n\nAt the moment we're focusing on the southeast US, but plan to expand listings at the end of the year.\n\nWe've developed software that updates the information pulled from various sources, making it as accurate as the broker's listing information. We're also currently in the process of adding comps and a geo-news feature. News articles about upcoming developments, construction, or major tenant changes will be pinned to a map, giving a much better visual of what the area will look like without speculation.\n\n\nI hope that answered your questions!\n\n", "replies": [], "depth": 2}], "depth": 1}, {"id": "cby00tk", "text": "I'm not sure if you are aware, but companies like CoStar and Loopnet actually have people that call and get info on listings to update their websites. Just curious if you have a plan for that.", "replies": [{"id": "cbykgl0", "text": "We've developed programs that pull information from various sources, making it as accurate as the broker's listings.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cby069a", "text": "It's a great plan, but there are already tons of online real estate databases. How do you plan to differentiate yourself? Brokers are only going to list properties or look for ones on the databases that have the most eyeballs, so you'd need to have more properties than the current sites to be competitive. Also companies that have these databases jealously guard their information, and it is often not available to the public or even if it is, it's against their terms of service to just suck up all of their property info into your website.\n\nYour competition is CoStar and Loopnet. Know them well.", "replies": [{"id": "cbykh01", "text": "I think I've answered most of your question above.\n", "replies": [], "depth": 2}], "depth": 1}, {"id": "cby7qvo", "text": "Innovative, Easy, and simple layout, which is good, but how will you boost your database of sales? Like someone here said, brokers will list with sites with the most hits, are you trying to charge to use or list here? I think competing with loopnet will be tough, but I wish you the best.", "replies": [{"id": "cbykkjo", "text": "We've developed programs that pull the information from various sources, making it as accurate as the broker's listings. We do also have a team that \"scrubs\" our data to make sure it is correct.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cbyd3l5", "text": "I know I am not alone when I say that the biggest problem with CoStar and loopnet (more so with CoStar) is accuracy. They have extensive data, but it is only about 75% accurate at best. I am not sure what your plan is on multi-market expansion, but I would caution against trying to roll out a massive database with shaky information. We already have that. A 100% accurate, albeit smaller, database would be something people are interested in.\n\nCompstak is another startup that is actually doing it right.", "replies": [{"id": "cbykhvr", "text": "We've developed programs that pull the information from various sources, making it as accurate as the broker's listings.", "replies": [], "depth": 2}, {"id": "cbykjav", "text": "We also have a team that \"scrubs\" our data to make sure it is correct.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cc267k2", "text": "Your site looks awesome. Hopefully you can gain traction. ", "replies": [], "depth": 1}]