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CompStak Exchange for CRE Brokers
Video Transcript
CompStak Exchange—your #1 CRE data provider for CRE brokers.
As a commercial real estate broker, you spend a lot of time looking for accurate comp data. You pay for a costly database, with largely incomplete and inaccurate information. You wait for your colleagues to call you back with the information you asked for. You spend money and time; and still end up compromising on data quality. Why compromise, when CompStak Exchange is here!
Imagine, getting all the data you need for canvassing, market research, and deal negotiation, in a few clicks, and not having to pay for it!
Commercial real estate brokers and appraisers trade comps on CompStak Exchange—and in return, they get access to the CompStak database.
Comps are submitted several times and are validated by our team of analysts. This means our database is updated daily and is reliable.
Here is what the CompStak Exchange database looks like in the New York City market:
Imagine we are looking for office comps at a particular commercial building—Say, 120 Wall Street. Let’s see all the leases available here. As you can see, the data is locked. It will be revealed once you unlock a comp. Let’s say you’re interested in this comp where the deal was signed in Q3 2019. We’ll unlock it and click on it.
What we see here is:
Thirty-one of our members have confirmed the same deal. All key dates, along with starting rent, net effective rent, concession data, and other details are mentioned here. By the way, these simply are not available on any other platform.
And if you find this comp relevant, you can export it.
From here, you can go to this property’s report and dig even deeper. Look at the other comps in the property, the rent trends, and how competitive space is performing.
And yes, one more thing, once you have unlocked a comp, you will always have access to it. Simply go to My Comps and you will see it there!
Just to summarize:
- Our platform is free for brokers and appraisers.
- It has crowdsourced data from verified active professionals and is updated daily.
- You can easily pull comps and property reports for all your needs.
- Finally, membership is anonymous. We never disclose the names of our members.
Want insider’s access? Register for your free account today and get started!