How much do you pay for co star?
I just got a quote from them and holy cow I'm blown away at what they want me to pay. Curious if I'm getting my head knocked off because it's it's just me using it.
[{"id": "eb3o4vi", "text": "No it's right. They charge a completely unreasonable amount to harvest our data to then sell it back to us. Its bullshit ", "replies": [{"id": "eb3p1p6", "text": "They're wanting 12k a year fro 1 person to use their service. Do you have an alternative?", "replies": [{"id": "eb3qa7q", "text": "Depends on what your primary reason for using CoStar in the first place is. My shop has looked at a lot of alternatives recently but ended up not pulling the trigger on any.", "replies": [{"id": "eb3rnl3", "text": "Really liked the feature to see when leases were expiring. Not worth the $1k per month.", "replies": [{"id": "eb3zbg4", "text": "That feature is dependent on the brokers giving CoStar accurate lease information, which is almost never the case. The only time they get it right is when they get the information straight from the tenant.", "replies": [], "depth": 5}, {"id": "eb44gra", "text": "Costars info is not very great for that. Like others have said, it is garbage in and garbage out. \n\n", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "eb3w4l7", "text": "Crexi", "replies": [], "depth": 3}], "depth": 2}, {"id": "eb3rwy1", "text": "It\u2019s not even your data (or just your data) in some cases....for some places, there ain\u2019t much more than assessor data, but the sales staff tends to leave that out of the presentation ", "replies": [], "depth": 2}, {"id": "eb3xyq2", "text": "Every time they call my office I offer them information as long as they tell me where to send the bill. ", "replies": [{"id": "eb400pu", "text": "My favorite is when they come by with a $10 gift of some sort like you mother fuckers xouldnt do better ", "replies": [{"id": "eb41w6r", "text": "I got a fidget spinner yesterday. :/", "replies": [], "depth": 4}, {"id": "eb5xel7", "text": "They've been giving out more and more swag, their mailers have become more and more expensive. Every time I get something from them I always mutter, \"Dammit we're paying them too much money.\"", "replies": [{"id": "eb5xzr5", "text": "Lol I got a pretty decent leather bound notebook a few months back and said this \" isnt worth 15 grand \"", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "eb3o6ae", "text": "I used to work for them....it ain\u2019t just you, they are very expensive.  Data can be hit or miss, depends on where you are and the team working your market.", "replies": [{"id": "eb3ooth", "text": "Yes, CoStar is super expensive. Any alternatives? Seems like the appetite is big enough.", "replies": [{"id": "eb3orbg", "text": "Again, depends on what segment of the industry you work in/what kinda info you are looking for.  Ask me anything.", "replies": [{"id": "eb3qpbp", "text": "Where are you currently getting your data for your segment? ", "replies": [{"id": "eb3rmr3", "text": "I\u2019m not...I have a background in IT, so I left CRE when a better opportunity came along.  But I worked research for CoStar for 5 years.", "replies": [{"id": "eb44le0", "text": "Research or their cold calling? \nGlad you could get out. It is kinda a shit show over there now with the loopnet integration. ", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}, {"id": "eb4cl9a", "text": "Vacancy rates, absorption, SF added, rents/sf for a large geography (usually commercial corridors). More research related stuff. \n\nAny suggestions on another source?", "replies": [{"id": "eb52otc", "text": "Quarterly market reports from cbre, jll, c&amp;w, etc", "replies": [{"id": "ebaq0va", "text": "A bit broad for our needs from a geographic standpoint. Some good info but not specific enough :( Thank you, though.", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "eb7wmf1", "text": "We just started with crexi a few months ago, still paying for Loopnet/costar for now until crexi becomes more known. ", "replies": [], "depth": 3}], "depth": 2}, {"id": "eb3oznr", "text": "They want over $12k per year for 1 subscription. ", "replies": [{"id": "eb3qxen", "text": "Yeah I was told years ago it was $600-$800 a month. I work at a large firm and don\u2019t see the cost.", "replies": [], "depth": 3}, {"id": "eb426o0", "text": "Sounds about right and they really like to screw over the little guys because you have no leverage.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "eb3vdns", "text": "Rates that I was quoted earlier this year..all are for annual contracts, but was told that signing a 3-year contract would get a 20% discount.\n\nCoStar US Property (active listings for sale across the nation and what\u2019s for lease in the local market): $199/mo. Honestly not even sure what this is since the same info is free on LoopNet.\n \nCoStar Suite Market Analytics (for sale info across the nation, tenant information, lease comps, sale comps, and market analytics in the market(s) you\u2019re subscribed to):\n \n1 Market - $395/mo.\n \nRegional Data (3 contiguous/touching markets)  - $695/mo.\n \nState Data (1 State) - $995/mo.\n \nNational Data - $1,395/mo.", "replies": [{"id": "eb3wwgz", "text": "Jeeze I wonder why mine was so high. I only wanted Dallas /ft worth and it was $1k per month. \n\nOr are they considering markets different areas of whatever city you're in ?", "replies": [{"id": "eb4b38f", "text": "This was quoted in SoCal so that might be it?", "replies": [], "depth": 3}], "depth": 2}, {"id": "eb58bvw", "text": "That is insane. Is the data in the Market Analytics good at least? Do you use any alternatives? Are they better?", "replies": [], "depth": 2}, {"id": "eghde8k", "text": "The CoStar property search is not the same as what's in LoopNet. LoopNet is only paid premium ads now, CoStar property has all the stuff people don't pay to put on LN and the stuff they capture from individual owners via their field research team, etc. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "eb3x5tr", "text": "We are currently resigning a new contract since our 5 year contract expires this month. Previously we had unlimited listings and now are very limited on the amount since prices are going through the roof. The new contract will jump drastically, causing our prices to quadruple! It\u2019s insane! It\u2019s not like they\u2019re upgrading features or anything, just prices going up. Wish there was an alternative. ", "replies": [{"id": "eb3xqvk", "text": "Once they snuffed out xceligent they literally killed their competition. They've monopolized their whole industry. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "eb3zx4e", "text": "Not a damn thing. They stopped calling me after I told them what I think of their business model. ", "replies": [], "depth": 1}, {"id": "eb5ao3k", "text": "Our Dallas office pays $114,000/year. We have 100 in our office, 55 of which are brokers. I believe we have a discounted plan but highest level. ", "replies": [{"id": "eb5d1ln", "text": "Im in the DFW area as well. $95 per month per agent / broker is actually reasonable.  ", "replies": [], "depth": 2}], "depth": 1}, {"id": "eb82wyq", "text": "No you're right. They charge us for the Broker generated data we give them. I get a call from my local rep probably once or twice a week looking for info on recent activity I've done. Frustrating but nothing else really to switch to yet. Crexi is trying to make a run but it's still too early. ", "replies": [], "depth": 1}, {"id": "ebm7tpc", "text": "I\u2019m paying $400 a month for Los Angeles. And if you\u2019re using it for expiring leases, don\u2019t. Their information is not accurate. I\u2019ve heard of many landlord\u2019s giving way higher rents and lease terms than what they\u2019re actually getting in the hopes of increasing the market rent. ", "replies": [], "depth": 1}, {"id": "ebzfskj", "text": "CoStar is the worst.  ", "replies": [], "depth": 1}]