CoStar
Last Updated
Key Takeaways
Generated from the text of customer reviews
Our Verdict
CoStar Specifications
- Tenant Management
- Lease Management
- Reporting And Analytics
- Alerts/Notifications
CoStar Features
Property Records
CoStar software provides a close view of commercial properties around many asset types such as retail, hospitality, and multifamily. Real estate researchers can explore properties through 3D tours, review ownership, and prior sales history to assess opportunities. This also helps professionals to overview performance and keep up with current real estate trends.
Listings
The system allows brokers to conduct proper research with details to find properties for sale or lease. Users can showcase listings or explore markets for availability data anytime. The software has also made the process easy with mobile app for professionals to close deals from anywhere.
Tenants
The platform offers complete analysis on commercial tenants including space usage, company details, and current leases. Through tenant locations, users can find relevant contact information and identify potential clients. It also helps professionals view a company’s real estate portfolio and provide them tools for research, locate, and prospect at the corporate account level.
Fund Data
This tool is useful for analyzing private equity funds alongside their underlying assets. The software allows access to many investment funds, including transaction history, sale listings, and key contacts. Users can identify opportunities, connect, and evaluate portfolio performance to close better deals.
Sales Comps
CoStar’s sales comps provide access to sales transaction data for supporting market analysis and property value. It is useful to research sale comparables, check buyer and seller information, and find active dealmakers. The platform also includes tax assessments, loan information, and ownership history for crucial information.
Pros And Cons of CoStar
Pros
Get insights to evaluate loan data
Receiving alerts and saving searches made easy with listing
Target specific location through map layers
Detailed analysis on lease information
Identify patterns and performance through rent benchmark
Cons
Exporting data can be overly restrictive
High data stream can sometimes lead to clutter
Limited flexibility in customization options
CoStar Reviews
Total 13 reviews
4.5
All reviews are from verified customers
Rating Distribution
5
Stars62%
4
Stars23%
3
Stars15%
2
Stars0%
1
Stars0%
Share your experience
Medical Devices, 11-50 employees
More than a year
“lease management done right”
Pros
There's a very comprehensive guide built into the program for lease management, including the documents you need which has been really helpful.
Cons
It has made property management much more efficient and I haven't run into any issues with it.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Environmental Services, N/A employees
More than a year
“solid lead lists for sales”
Pros
LeadGrabber Pro is easy and simple to use and it puts together really strong lead lists that can turn into sales.
Cons
It would be better if it could grab data from a wider range of websites. The daily grab limit of 500 also feels too low and should be increased.
Rating Distribution
Ease of use
8
Value for money
7
Customer Support
8
Functionality
7
Restaurants, 500+ employees
More than a year
“Top-notch knowledge base”
Pros
The knowledge database is one of the best I've worked with. The ETL tools have been really useful for handling mass updates and user management becomes pretty easy once you learn how it works.
Cons
One frustration is that support tickets can take quite a while to get a response especially when the issue needs research. Designing SOX-compliant security reviews for SODs can also be a real challenge though their out-of-the-box security reports, now referenced on SOC-1, have gotten better--you just have to figure out which reported changes actually matter.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
Who are the typical users of CoStar?
Typical users of the CoStar features include real estate professionals such as brokers and agents, hoteliers, owners and investors, appraisers, and occupiers.
What other apps does CoStar integrate with?
The platform has not disclosed its third-party integrations.
What language does CoStar support?
The software is available in English, French, Spanish, German, Italian, Portuguese, Japanese, and Simplified Chinese.
What types of pricing plans does CoStar offer?
CoStar price plan starts from $3,000–$23,000/user/year, based on the industry benchmark. Get in touch for a personalized CoStar cost estimate.
What level of support does CoStar offer?
CoStar offers support via phone and email.
Does CoStar offer an API?
The vendor has not specified any information regarding its API availability.
Does CoStar have a mobile app?
Yes, CoStar has a mobile app available for both iOS and Android devices.