Loopnet Co-Star and Your Data?

by dukelong on April 28, 2011

 

Photo Credit:http://www.flickr.com/photos/martyworld/

Comments

  • Bob

    Houston – We have a problem!
    Seems to be a tech issue. …. No Sound.

    • http://dukelong.com dukelong

      Bob,
      I checked and it seems to work just fine for me. ??? Thx?

  • http://creoutsider.com Chris Clark

    Great post/points. Couldn’t have said it better myself and glad I didn’t have to…

  • sharon altenbach

    I really thought loopnet had a chance to differentiate itself from Costar. Almost the beginnings of a Google/Apple type of mindset to bust out of the mundane data field into the creative. We can only hope for another upstart to keep competition in this field.

    • http://dukelong.com dukelong

      Sharon,
      Agreed…we can only hope

  • http://www.harveyhames.com Harvey Hames

    I have used Loopnet for years and never have used Costar. All I know is that our Board of Realtors had a chance to use Costar or another company, and they choose to use the other company. I would love to know the cost for using the NEW Costar/Loopnet site? Thanks…Harvey.

    • http://dukelong.com dukelong

      Harvey,
      I think we are all waiting…just like you! THX for commenting.

  • http://www.epropertydata.com Carl Peterson

    Duke, great comments about data ownership and control. ePropertyData is has been developing an alternative to CoStar for more than a decade. We build a broker loaded and a researched’s CIEs and also commercialMLSs. With clients from the West Coast to the East Coast – and NAR’s backing – we’ve helped many commercial brokers relieve themselves from their costly contracts. With the release of our new National Haves and Wants our members can market to and network with commercial practitioners across the country. Our client base continues to grow and we are pleased to be able to deliver a property centric database complete with available inventory, sold data, statistical analytics, tenant data and more. In all of our systems the members own the data…all the data. As each day goes by we are tracking historical activity and creating a database of information that becomes more and more valuable to the users. For those of you who have never seen a demo of our CIE I would invite you to contact me to see how it works. There is no better time than right now to consider creating or joining a local CIE. The value of a sold comp from 5 years ago is not nearly as valuable as a comp from last week or last month. We publish sold comparables much quicker than CoStar and members do not have to pay more to get them. We are currently in discussions to build CIE’s in several other markets – you may be in one of them. For more information log on to http://www.epropertydata.com

    • http://twitter.com/gcpursley Chase Pursley

      This is entirely the wrong model. Multiple websites, confusing interface. Users should not need a demo – this is 2012. Either the site is intuitive and easy to use, or it’s not. It does look like you have a good start with the amount of data. I work all over the country and need access to comps from one source. What is your Atlanta resource? Where’s the pricing page?

  • Pingback: CoStar gets Loopy | A Student of the Real Estate Game

  • Lowell Peabody

    Yep, I did see this but with the growing discourse I hoped you woul jump in a little more… There is traction here and people have opinions. What are the alternatives? I have not seen any viable platform to date..

  • http://twitter.com/gcpursley Chase Pursley

    Duke, start referring to the loopnet and CoStar merger for what it really is: DeathStarNet

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