Who is going to be the next major competitor with CoStar?
[{"id": "drarh8h", "text": "Real Capital Analytics?", "replies": [], "depth": 1}, {"id": "drari0x", "text": "Property Line?", "replies": [], "depth": 1}, {"id": "drarote", "text": "REIS?", "replies": [], "depth": 1}, {"id": "drarvq1", "text": "Crexi?", "replies": [], "depth": 1}, {"id": "dravew4", "text": "I don't fucking care as long as they hurry the hell up.  arggg so much", "replies": [], "depth": 1}, {"id": "draybg4", "text": "There\u2019s a LOT of data out there that was not actually owned by Xceligent (and not stolen from CoStar) that needs a place to go. There\u2019s got to be a platform that\u2019s worthy.", "replies": [{"id": "drc1cc1", "text": "its all tainted now and costar is going to be a major creditor in the chapter 7.  no way that db ever goes anywhere.  xceligent isnt even an ongoing org anymore, who would sell it?", "replies": [{"id": "drfmk5h", "text": "Unfortunately that\u2019s true in most markets. In a few markets like Southern California, the brokerage associations retained ownership of their data and fed it to Xceligent. The associations still fully own the data. Broker-owned data is really the only model that can compete with CoStar.", "replies": [{"id": "drfn7zo", "text": "interesting.  In my market (Cincinnati) we have nothing like that.  All broker data is specific to the brokers and not shared in any organized way.  We (did) submit to xceligent but you are just talking each brokers specific listings, its not like the board or anyone has a mls/data sharing type thing for commercial.  \n\nI don't know if that would be good or not, but I wonder if there is going to be more pressure for a commercial mls type system out of this.  I think to some level, a lot of us benefit from data being hard to get but its getting to the point that the brokers are getting squeezed too much.  \n\nIt shall be interesting!  ", "replies": [{"id": "drtmwis", "text": "CoStar often asks for deal specifics, but there is basically zero incentive for a broker to share that info. CoStar just sells that info back to you and now other brokers get to see when your lease renewal dates, etc. are. Why would anyone share that info for free?", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "drbfyge", "text": "This is not good.  RCA, REIS, Compstak all use data sampling rather than trying to develop a comprehensive database like xceligent and CoStar.  We are now living with a monopoly.", "replies": [], "depth": 1}, {"id": "drbnxn0", "text": "Got an offer to resubscribe to CoStar today with 3 months free. Sadly, the subscription rate is half my office rent. ", "replies": [], "depth": 1}, {"id": "drd5y78", "text": "Urban analytics", "replies": [], "depth": 1}, {"id": "drd9cyv", "text": "Reonomy. I subscribe to them for $75/month for 50 contact lookups a month. They have nearly EVERY single parcel in America and they give you the tax owner name (LLC, LP, etc.) and the tax owner address. It is 99% correct in my experience after about 5 months of using it. They sent out a news alert via email about them coming to an agreement with various secretary of state databases - how many, I don't know.\n\nAlong with the tax ownership information, they will then use various web-scraping algorithms to come up with 5 or so website, contacts, phone numbers, email suggestions which are less accurate - about 50% correct.\n\nI think their strength is their breadth, accuracy of tax ownership information and competitive price.\n\nYou won't find properties for sale, deeds, current tenants, detailed market analytics or great sales comps like costar - but as far as finding owners, its a great alternative.", "replies": [{"id": "dreldip", "text": "Yeah but the county appraisers site plus a $14/month white pages premium subscription can do the same thing for much less than $1.50 per lookup. At least here in Florida, that is.", "replies": [{"id": "drf1c4h", "text": "Yeah totally. Its a convenience and time thing. I can find tax bills in about 2 mins now. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "drfok5d", "text": "CoStar\u2019s business model is to disintermedate commercial real estate and reduce the value of brokers. Brokers have become the proverbial frogs in the boiling water.", "replies": [], "depth": 1}, {"id": "drfyrnj", "text": "How about a decentralized commercial MLS? ", "replies": [], "depth": 1}, {"id": "drg9cik", "text": "Yes, we need to Blockchain it!", "replies": [], "depth": 1}, {"id": "drztgud", "text": "Work for CoStar.  Unfortunately our strategy appears to be to continue to inflate the stock/share value by constantly acquiring all small competitors whenever they appear.  There's been some interesting discussion about our actual revenue and profit, considering that we have horrific product retention and churn rates (for obvious reasons).\n\nhttps://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/greatspeculations/2017/07/28/costar-group-a-misunderstood-and-overvalued-growth-stock", "replies": [], "depth": 1}]