Commercial real estate professionals who use Realtors Property Resource® now have exclusive access to an analyst-reviewed comp data and analytics platform to leverage in their business.
The National Association of REALTORS® announced last week that CompStak, a nationwide commercial real estate data platform, is being integrated into RPR®. CompStak leverages AI-driven analytics as well as crowdsourced transaction and property data for commercial leases and sales. CompStak delivers data to some of the world’s largest real estate investors, such as Wells Fargo and Moody’s. “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.
Michael Hinton, 2022 commercial board president at Miami REALTORS®, says he’s been using CompStak for the past four years. “The service has certainly helped me win more than a few listings by allowing me to provide quality information to my new clients,” Hinton says. “Using RPR® and CompStak together will be a huge benefit—both timewise and in cost savings—for me and all NAR commercial members.”
“NAR and RPR® continue to build strategic partnerships and enhance our technology resources to advance the goal of being vital business partners to REALTORS® who practice commercial real estate,” says Jeff Young, RPR®’s COO and general manager. “Each asset and service we add supports their businesses and adds growth to their bottom line.” Young added that CompStak is “a unique tool for brokers’ toolboxes” that will help agents “close more transactions.”To learn more about CompStak or sign up for the service, visit the “additional resources” section of any RPR® commercial property page and click on the CompStak logo. You also can visit compstak.com/realtor.