Former Xceligent CEO to Launch New CRE Database
[{"id": "ds6mda8", "text": "I think everyone uses these things differently. I certainly don't use the same features that I did even a year ago. Google has amazing demographic data which is superior to anything costar has. But they removed it years ago. \n\nListings can pretty much be found anywhere. If anyone could beat costar it's Bloomberg.  But I don't see them adding listings to their terminal. That would be the move.", "replies": [{"id": "ds6r731", "text": "For sure. I'm not even a broker/agent and I used Xceligent to search for buildings/sites to fulfill RFPs for companies that were relocating. We have a map embed on our site that used the Xceligent feed so that kind of messed us up", "replies": [], "depth": 2}, {"id": "ds8ve2h", "text": "a bloomberg terminal is like 25k a year isn't it?  If you are brokering very large deals maybe, but no small market or entry level agents are buying that.", "replies": [{"id": "ds90yes", "text": "Costar is 2500/mo for national. I'm paying much the same thing. Bloombtds just ridiculous. In their data coverage.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ds73hm8", "text": "I can't see this ending well for Doug.\n- CoStar has him firmly within their sights, and he's just asking for more private lawsuits.\n- Building a company at this scale is expensive. Who is itching to fund him now?\n- Did anybody really think Xceligent's product was something special? They were the \"also ran\" of CRE leasing and market data. Several other, more innovative platforms have risen up more recently, with better products. Why would customers go to Intrepid instead of them?\n\nIt just feels like someone with a big chip on his shoulder, refusing to let go.", "replies": [{"id": "ds7ht3b", "text": "None of these other companies, established or up-and-coming, provide regularly, proactively updated Listing information. Owners, comps, tenants, broker info, all of that can be purchased or pieced together through basic research. But nobody does regularly updated Listing information besides CoStar, and that is the major component that Xceligent did well in their markets. Tell me another company that you think does this piece of the puzzle and I\u2019ll tell you why they do not do it to the same standard as CoStar or Xceligent. It\u2019s a necessary part of the industry because brokers don\u2019t do it themselves, and tHere is no easier way to do this than lots of staff calling and emailing. ", "replies": [{"id": "ds7jfe7", "text": "I like CREXi so far. Brevitas is okay but not at the level of CREXi. Xcelligent had a lot going for them being the underlying platform that the CCIM and NAR systems were build on. That would have given them a competitive advantage if they'd have competed legitimately. ", "replies": [{"id": "ds88v3o", "text": "Crexi offers listings for sale only, which is useful but it\u2019s not going to offer you the ability to drop CoStar. It\u2019s a neat tool but not an alternative product.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dsbkfen", "text": "I'm really curious about the timeline on this endeavor.  Even if it's kind of slapdash, it's not easy to get this kind of thing set up quickly - Curry must have been working on it/planning this and rounding up investors before Xceligent/DMG booted him as CEO.  Either that or the actual minds behind this venture snagged him the publicity boost (though that seems less likely),", "replies": [], "depth": 1}, {"id": "dsm3k8p", "text": "Therealdeal reportes that Doug Curry is backing off and no longer pursuing this new venture. https://therealdeal.com/2018/01/09/xceligent-founders-abandon-plans-to-launch-new-data-business/", "replies": [], "depth": 1}]