Reonomy vs CompStak vs PropertyShark vs CoStar
We've been using PropertyShark, but are looking for more targeted deals. Like offmarket, has debt, hasn't sold in a few years. I checked Reonomy, and they have these filters you can use. But it's a bit expensive (Not crazy, just compared to $80 month for propertyShark). Now, doing more research, I see all these other companies too. Does anyone have experience with any of these? Which is best?
[{"id": "ecqybqy", "text": "Compstack is crap stack at least in my market. \nCostar is expensive. If you think 80 a month for property shark is bad, I would love to see your reaction when you get a costar quote. \n\nYou are just looking for sales? What you explained would best be served from your title rep. They would have the sales info and mortgage info for prospecting. \n\nBy definition, offmarket deals cannot be found on listing services, so better start calling brokers. ", "replies": [{"id": "ecur1rr", "text": "I dont think it's bad. I'm looking for more targeted leads. We cold call, I dont invest my own money. On PS, all you can do is find property. You then have to look through to find when it was last sold, etc. Reonomy has a filter so you can search for all the things you want and you can target. It seems like nothing, but for me it's probably worth the 500 a month they want for it. Unless there are ways to do it on PS, and I just don't know how. That would be best bec we're already paying for them,", "replies": [], "depth": 2}, {"id": "ecy5p4z", "text": "FVD.\n\nI'm CompStak's CEO.  Could you give me a ring? My direct number is 646.278.1522.  You can also email me - michael(at)[compstak.com](https://compstak.com). \n\nI'd be interested to know what market you're in and get your feedback.  We just went from 70 markets, to opening up the entire country, and most of those new markets are still pretty small.  We're increasing our team that builds relationships with the brokerage community (the people who provide the data that's on CompStak) from 8 people to around 40 people.  We're also dramatically increasing the size of our data operations team, which does data loading and quality assurance. Your feedback will help us in targeting the right markets and the right professionals.  As you probably know, all of our data is crowdsourced (user contributed), so the more members on the platform, the better the data becomes. Our goal is to increase our member base from 20,000 people to over 150,000 people in the U.S.\n\n&amp;#x200B;", "replies": [{"id": "eglv6wa", "text": "Hi Michael,  First - disregard the flippant statements from FVD....probably just did not have time to explain.  I actually have tried CompStak and found it helpful and used in a couple of communications with clients who were underwriting and needed real data vs. asking rental rates and ranges..., but wish there was some way for there to be a massive acceleration in the data available....and frankly would prefer to pay vs. exchanging data, which often I just don't have to contribute as a primary source...Maybe you would consider this as a complementary model to solely crowd-sourced commodified information exchanges....both work.  I subscribe to Costar but am not at the Suites level...so I don't have access to Comps....I have the option now to step up for an incremental fee up...and a more limited territory....I don't know what the answer is but appreciate all entrepreneurs and CRE space...and more specifically the CRE brokerage space has really specific needs..and generally more access to good-primary source data the better...So as you already know, there's a need and you're addressing it.", "replies": [{"id": "em2bsyh", "text": "CommREGal, Sorry for the delay in responding.  I'm not on Reddit often.  We're working on the \"massive acceleration in data available.\" In the past quarter we more than doubled the size of our  \"Exchange Team.\" The team that's responsible for building relationships with brokers, appraisers and researchers, so that we can get more data.   Nonetheless, our database has roughly doubled year over year.  The growth varies market by market. What market are you in?\n\nWe have the CompStak Enterprise platform - [compstak.com/enterprise](https://compstak.com/enterprise), where companies pay for access to our data, but it's not available to brokers, appraisers and researchers in real estate services firms.  Right now we try to keep Exchange and Enterprise separate. I'm happy to discuss in more detail.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ecr58vv", "text": "Costar is over 1k...", "replies": [], "depth": 1}, {"id": "ecruz9t", "text": "CoStar is the best by a mile. But it is also expensive.\n\n&amp;#x200B;\n\nSounds like you're looking for something cheap....", "replies": [{"id": "ecur626", "text": "Cheaper is better obviously, but is it worth it? What makes it better?", "replies": [], "depth": 2}], "depth": 1}, {"id": "ecwejlt", "text": "What market are you in? Compstak is awesome in my market - particularly for lease deals.  Nobody else has the granular lease comp data that they have. They recently started doing sales comps as well, which are decent - particularly for big buildings, where they often have cap rate, noi, etc. You could also try Real Capital Analytics for sales comps.  It's cheaper than CoStar and better.", "replies": [{"id": "ecwnivr", "text": "I'm in NYC. Thanks. Is Compstak good for offmarket deals? Like is it searchable by years owned, and debt on the property, rent control? Or Real Capital ?", "replies": [{"id": "ecy3nb4", "text": "Hi Mikamcha,\n\nCompStak's CEO here.\n\nCompStak's not a listings platform, so effectively everything on CompStak is \"off market.\"  For sales comps, you can search by owner name, as well as the date that the transaction took place, which would effectively solve for \"years owned.\"  There are not currently filters for debt on the property or rent control, although we'll be adding debt data soon. Our sales comp platform is pretty new, but in NYC I think you'll find it to be pretty robust.\n\nFrom the sound of your question, it seems that you're interested in multifamily properties.  However, if you work with office, retail or industrial properties I think you'll find a lot of value in our lease comp platform.  It's incredibly comprehensive, and includes a wealth of data that is not available in the public record or in on any other CRE data platform for that matter - lease details like tenant name, starting and effective rent, concessions like TI and Free Rent, broker information, etc.\n\nThe lease comp data helps make our sales comp platform more valuable.  For instance, you can search for all properties sold in a given area that have an average rent per sf between $30-$50, or and average lease transaction size over 20,000 sf.\n\nIn any event, we would love your feedback on the platform, and our team would be happy to give you a demo. If you're a broker, appraiser or researcher at a brokerage firm you can use CompStak for free.  You earn credits for sharing comps and can use those credits to get other comps out.  If you're a real estate investor/lender, etc. you can subscribe to our Enterprise platform.  You can sign up for either at [compstak.com](https://compstak.com) and we'll follow up with you.  You may also feel free to email me - michael(at)compstak.com.\n\n&amp;#x200B;\n\n&amp;#x200B;", "replies": [{"id": "ecybhu3", "text": "Compstak CEO. Nice. I'm going to email you now.", "replies": [], "depth": 4}, {"id": "efhhn9j", "text": "Great customer service. ", "replies": [], "depth": 4}, {"id": "ejgswo4", "text": "How do you compare yourself with regards to Reonomy?", "replies": [{"id": "em2cw2f", "text": "Hi lady\\_pepe,\n\nWe don't compete directly with Reonomy.  My understanding is that most users are primarily using Reonomy to prospect for owner/building manager contact info. \n\nCompStak is used by commercial real estate professionals to find granular lease and sales comp data (including rent bumps, TI, free rent, cap rate, NOI, etc.), and then run analytics on top of that data.  Our Exchange platform is free for Brokers, Appraisers and Researchers in real estate brokerage firms.  They trade data to get other data out. Our Enterprise platform is used by the world's largest real estate investors and lenders to lease space, do asset management, and underwrite real estate investments and loans.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]