it seems like many people are depending on costar.
has anyone used costar before? I heard that they are pricey to join.
is costar really needed for commercial real estate?
is Loopnet sufficiet enough?
is Costar worth the money lot of people are paying?

thanks

I belong to BOTH>>>

Yes on the low side to belong to both you will pay 200.00 to 300.00 a month for decent options.

If you want a Costar full scale package it will cost hundreds and hundreds of dollars maybe more a month.Some areas like California they charge more for the in Georgia where I am at so your could be over 1,000 a month.Costar before told me they charge based on the area and what state it is in.


Loopnet has set fees regardless of area. Costar is really good for data research,tenant and retail info,and leasing and selling offices and things like that.You have to be a broker to use Costar.

Loopnet is open to everyone.However as a free member you have very limited options and you can't see many properties for sale nor can many see your listings.As a premium member you get to see all the listings and everyone get's to see your listings.

The upside to Loopnet is many investors,developers,corporations,and principals view properties so you have a much better chance of double ending deals,working with direct clients,and networking with direct principals that might have other properties they need to buy or sell.

So if you are doing heavy retail,tenants and leasing,or office stuff Costar is really a must. If not you can use Loopnet to start out.

I agree with super realtor and would say start with a premium LoopNet membership.

thanks for sharing the information.
always appreciate the feedbacks.

Yeah loopnet has pretty good exposure. It's known among business owners and bankers I know, as opposed to Costar which is less well known. If your in cali check out www.orealo.com. good luck!

thanks shaneless.

i've checked out the website (www.orealo.com) and all the properties popped up in southern part of california. I am located in Sacramento. do you know any other websites to search properties for sale or lease in northern california?

thanks

Here in MN, the local commercial real estate MLS of choice allows you to broadcast e-mail all member brokers a buyers needs, tenant/landlord needs, hightlight a listing, etc and I have found huge success with this tool. Are there any national services that provide a similar tool that allows you to do broadcast e-mails to the members?