Is there a cheap and convenient CRE market research software?
Hi Everyone, 

&amp;#x200B;

I have recently started a new job doing market research for a Real Estate brokerage firm. 

The company currently uses SalesForce (with add-ons) to track their businesses but the tool is ill-suited for what I need. 

In short, I'd like an easy tool where I can enter the details about the properties (sqm, built year, location, etc), the info about the different tenants (lease start, price per sqm, etc.). The idea is to be able to then get a good picture of average rents in a specified zone, vacancy levels, etc. In a perfect world, the software would also allow me to record transactions on properties, upcoming constrions, and land. 

Do you guys have any recommendation? Please keep in mind that this is a small firm with a limited budget. Also, if it matters, we are based in Europe.

&amp;#x200B;

Thanks!
[{"id": "g6xyvlf", "text": "Property specific stuff? Loopnet (it\u2019s cheap)\n\nMarket reports? Go to other brokerage websites and use their market reports: C&amp;W, JLL, Colliers, CBRE,etc. These are free.\n\nEdit: didn\u2019t see that you\u2019re in Europe.  All of my recommendations may be moot.", "replies": [], "depth": 1}, {"id": "g6y0cwc", "text": "Uh track it in excel?", "replies": [{"id": "g6y2fpc", "text": "The structure of the data isn't suited for Excel. I need a database where I can link tables. Obvious answer would be MS Access but before I try to re-invent the wheel I figured I would ask how other people do it.", "replies": [], "depth": 2}], "depth": 1}, {"id": "g6y2uy5", "text": "Unless you get a subscription to PMA, RCA, Greentree t, CoStar or any of those expensive services you're going to spend a lot of time picking out info from broker reports or reading the news. I've been there. That's why most firms have interns :)", "replies": [{"id": "g6y9dz7", "text": "I'm based in Europe and working in a small niche market so this is how I gather info.\n\nWhat I'm looking for is a good way of storing it.", "replies": [{"id": "g6y9uh9", "text": "Excel is your best friend. Build our your own interactive dashboard if you need.", "replies": [], "depth": 3}, {"id": "g6yuv2p", "text": "Store it with interactive and interconnections?\n\nAirtable.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "g6z1pz3", "text": "Interns", "replies": [], "depth": 1}, {"id": "g6zavww", "text": "It sounds like what you want is a way to maintain the market data that you have and will gather, and then use this data for prospecting/comps/etc. - correct? Salesforce is a great CRM tool, especially with it's available apps and is highly customizable however as you've seen isn't an open database. One thing you could consider with Salesforce is creating some custom objects - in concept you could either have a property as an account type with custom objects for tenants with the data points you indicated. An advantage of this is the ability to then track the tenants and owners, and create marketing campaigns against them. If the firm is sticking with SF and you don't want to maintain a separate database this might be a good option. If you do decide on a separate database AWS or Azure have some inexpensive cloud options that are well documented and could be opened up to your coworkers.", "replies": [], "depth": 1}, {"id": "g6zpqsa", "text": "Client look is a great tool. Perfect for what you need. Www.clientlook.com. Not sure it\u2019s availability in your region. Worth a look. Apto is another one.", "replies": [], "depth": 1}, {"id": "g7v7lfu", "text": "CoStar", "replies": [], "depth": 1}, {"id": "gaej7cu", "text": "RealMassive is a newer source, but they have a ton of data. I signed up for free.  \n[https://realmassive.com/dataqu/](https://realmassive.com/dataqu/)", "replies": [], "depth": 1}, {"id": "goc5qo2", "text": "You might consider www.creco.ai.  They do supply the property research tools you requested along with a community of interested CRE professionals and investors and a social media platform like buffer.  A great low cost option.", "replies": [], "depth": 1}]