Host: Jesus Henao

Topic: CoStar

Guest: Justin Brown, CoStar senior sales executive

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The Commercial Real Estate Hour – August 27, 2018

On this episode of The Commercial Real Estate Hour on KHTS, I discuss a series of topics including CoStar, which is a great resource for agents.

I interviewed Senior Sales Executive at CoStar Justin Brown live on air and asked him to explain exactly what CoStar is and why it is such a valuable asset.

“CoStar is a commercial Real Estate Information tool, we are a data provider,” said Justin. “CoStar provides the best commercial real estate data in the country.”

Every property that is on the market will be on CoStar.

“Every single rent that is put on, we collect. Every single for sale property that hits loopnet, we collect,” said Justin. “The one thing that separates us at CoStar is the number of researchers that we have. We are up to about 1,850 researchers.”

To make it clear, there nearest competitor has about 88.

Previous Episode: Real Estate And Restaurant Management Classes At COC – The Commercial Real Estate – August 20, 2018

“We also provide an inventory type database, we want to find every single building and their true owners,” said Justin. “We also offer forecasting reports on the future of the market.”

Back in the old days if we wanted rent comps, I would get in my car, I would physically drive to the apartment building and interview the owners to get rent comps for at least twenty buildings in the area we wanted to buy/sell. You don’t have to do that anymore. The information is right at your fingertips.

To learn more about the real estate market and resources to help you buy or sell, call me today.

LEOLA Commercial Inc. is a boutique commercial real estate firm specializing in the sale of Multi-family Apartments, Senior Housing, Tax Credit Properties , Retail, Land for Development, Industrial, NNN and Office.

LEOLA Commercial Inc. is a Southern California based investment real estate advisory and brokerage firm founded in 2004. Its Principal Jesus Henao having over 24 years of commercial real estate experience as an investor and broker.

We prides ourselves on old world principles of customer service and personalized representation. Henao is also the host of “The Commercial Real Estate Hour” on KHTS Mondays at noon.