For the past four years, Michael Hinton, CCIM, has been using a data platform called CompStak that combines crowdsourced commercial lease and sale transaction data and property information with AI-driven analytics.
“CompStak has been a great source for detailed leasing and sales information for commercial properties,” says Hinton, Miami REALTORS® 2022 commercial president and a senior associate at Apex Capital Realty. “The service has certainly helped me win more than a few listings by allowing me to provide quality information to my new clients.”
The CompStak platform handles millions of data points each week to create a comprehensive commercial real estate data set.
Now, as a member of the National Association of REALTORS®, you have access to CompStak Exchange, an analyst-reviewed comp data and analytics platform. In October, NAR announced the integration of CompStak Exchange into Realtors Property Resource®. NAR members also receive exclusive promotional credits that they can use to discover timely comps in their market.
“Using RPR and CompStak together will be a huge benefit—both timewise and in cost savings—for me and all NAR commercial members,” Hinton says.
Jeff Young, RPR®’s COO and general manager, says the CompStak integration advances NAR’s goal of being a vital business partners to REALTORS® who practice commercial real estate.
“We are thrilled to partner with CompStak to deliver a unique tool that provides valuable information for clients and helps brokers close more transactions,” Young says.
“One of our goals in this collaboration is to provide NAR’s commercial members with quick access to accurate and transparent data,” says CompStak CEO Michael Mandel. “We are excited about CompStak’s integration into RPR®, which will provide REALTORS® with a competitive edge and lead to better, faster deals for everyone.”
How to redeem this benefit: At any commercial property page on RPR, scroll down to “Additional Resources.” Click on CompStak to access the CompStak sign-up page. Already have a CompStak account? Email your name and email address to email@example.com.