Why is there no commercial equivalent to MLS?

[Tiffany Gibbons]

It is not about gender when a all male operation of 5 men hit $4,000 A MONTH and that was quite a few years ago we had to drop out and find new avenues which we did. Nothing asked about our sex or gender just how many would access it.

I was more speaking to PL1957's duh post, but thanks. Many appraisers feel the same way. It is only their lucrative deals with county and state governments for thousands a month that allow them to "name their rate" in my opinion.

 

[glenn walker]

I was more speaking to PL1957's duh post, but thanks. Many appraisers feel the same way. It is only their lucrative deals with county and state governments for thousands a month that allow them to "name their rate" in my opinion.

GOD what is your rant about..No attack on you and you are like a rabid dog. You and I are not a player in the commercial world. You are a VA Residental appraiser who got a CG but never used it. Which is fine but why attack others who do.

 

[Terrel L. Shields]

I've never subscribed to CoStar because most of our Commercial properties were locally listed. I did use the old LoopNet which sold out to CS as needed, and it had a pay per comp feature - Further, CoStar has always been virtually worthless for agri properties - Since there are a few ranch/farm brokers and their websites that have poultry farm sales - it's easier to find sales that they listed and research accordingly.

 

[George Hatch]

And people wonder why there are not more female commercial appraisers. It's Duh comments like this.

I strongly doubt PL1957 would have replied differently if you were a man. Or that in 2022 women are at a disadvantage compared to the men when it comes to either getting into the CG business or competing for those clients.

In any case the Patriarchy has nothing to do with how CoStar structures their fees, and neither do the big appraisal firms. If it's any consolation to you, 90% of all the CGs I've ever known hate how CoStar does business, so you're not alone out in the cold on that one, either.

 

[Long Walk]

Some other appraiser said $700-$800 per month with multiple minion appraisers in another thread.

That was my post. Single license. No group licenses with CoStar. No multiple users on one license. Each person in an office reasonably likely to be a user needs a license.

Fool around trying to get around their licensing requirements and you have a good probability of being sued by them. And, if so, you have a good probability of losing. If you can't handle the fees, you surely can't handle the judgment.

If you need the service, it is a bargain at twice the price. CoStar is a relationship that needs to be managed like any other vendor or client relationship. If you don't invest in the relationship, you are going to have an unpleasant experience with CoStar. I make the investment and my office has a productive low-stress relationship with CoStar. The appraisers who hate CoStar, IME, are unskilled salesmen. They focus on every factor except what is important: if you need CoStar, you have no relocation threat. Focus on that like a skilled salesman would, and the path to relationship management is obvious. Complaining about CoStar is a visible indicator of a lack of skills.

 

[Carnivore]

MLS, as far as I can tell, is great for residential listings because residential brokers have an incentive to keep it accurate. Why don't commercial brokers have a similar incentive?

I don't know why. I do know in my county a retired County Tax Supervisor/CG ran a database of ALL commercial & residential monthly sale. He downloaded the info and you would receive a monthly Excel of all sale for a monthly Fee. All the local CG's subscribed. I am sure he had adjacent county CG's also. huge Time saver for the CG's. The problem for CR's only using MLS is simple. MLS only represents about 30-40%(my county) of all residential sale. Land/lot sale in MLS suck. There just not all in the MLS.

So I just gave you a way to make mo'money. Start your own data base and get monthly subscribers!!

 

[Tiffany Gibbons]

I don't know why. I do know in my county a retired County Tax Supervisor ran a database of ALL commercial & residential monthly sale. He downloaded the info and you would receive a monthly Excel of all sale for a monthly Fee. All the local CG's subscribed. I am sure he had adjacent county CG's also. huge Time saver for the CG's. The problem for CR's only using MLS is simple. MLS only represents about 30-40%(my county) of all residential sale. Land/lot sale in MLS suck. There just not all in the MLS.

So I just gave you a way to make mo'money. Start your own data base and get monthly subscribers!!

Yes, that's what Chandler did in Memphis. They were appraisers first. They tried to do it in Middle Tennessee but the assessors wouldn't do that here. You can hunt through the records in Courthouse Retrieval too.

 

[Tiffany Gibbons]

That was my post. Single license. No group licenses with CoStar. No multiple users on one license. Each person in an office reasonably likely to be a user needs a license.

Fool around trying to get around their licensing requirements and you have a good probability of being sued by them. And, if so, you have a good probability of losing. If you can't handle the fees, you surely can't handle the judgment.

If you need the service, it is a bargain at twice the price. CoStar is a relationship that needs to be managed like any other vendor or client relationship. If you don't invest in the relationship, you are going to have an unpleasant experience with CoStar. I make the investment and my office has a productive low-stress relationship with CoStar. The appraisers who hate CoStar, IME, are unskilled salesmen. They focus on every factor except what is important: if you need CoStar, you have no relocation threat. Focus on that like a skilled salesman would, and the path to relationship management is obvious. Complaining about CoStar is a visible indicator of a lack of skills.

I never said I hated Costar. I loved it when someone else was paying for it, lol. I am for sure an "unskilled salesman", as sales is not my strong suit and I'm not a man. I never said anything about Costar causing me stress. If I need it, I can get it. Anyone can. I'm sure they'll be glad you'd pay twice the price for it though as a single user. Groups do get a discount, though every user does have a single licensed "terminal". I was in charge of the writing the proposal to get it in the budget for 15 commercial appraisers in our office at the county I worked at, and again at the state level. Think of it as a Groupon.

 

[Long Walk]

I never said I hated Costar. I loved it when someone else was paying for it, lol. I am for sure an "unskilled salesman", as sales is not my strong suit and I'm not a man. I never said anything about Costar causing me stress. If I need it, I can get it. Anyone can. I'm sure they'll be glad you'd pay twice the price for it though as a single user. Groups do get a discount, though every user does have a single licensed "terminal". I was in charge of the writing the proposal to get it in the budget for 15 commercial appraisers in our office at the county I worked at, and again at the state level. Think of it as a Groupon.

Your information is out-dated. There hasn't been a CoStar terminal computer in six years. And the password tokens went away five years ago. Again, each likely user in an office will need to be licensed individually. No idea what you mean about Groupon, but CoStar isn''t a membership club. It's licensed at the enterprise level with each likely user being licensed individually through the enterprise. If you don't know the basics of professionally managing a B2B relationship, then CoStar can be frustrating.

 

[Tiffany Gibbons]

Your information is out-dated. There hasn't been a CoStar terminal computer in six years. And the password tokens went away five years ago. Again, each likely user in an office will need to be licensed individually. No idea what you mean about Groupon, but CoStar isn''t a membership club. It's licensed at the enterprise level with each likely user being licensed individually through the enterprise. If you don't know the basics of professionally managing a B2B relationship, then CoStar can be frustrating.

I know that each user is individually licensed. Again, Ive had CoStar. They will accept money from anyone, turns out. I loved having access to all that information. I dont need it right now for what I am doing. Large groups get do get price breaks per license just like any other group discount is what I meant.