Using CoStar In The Classroom

Using CoStar In The Classroom
An Introduction to the CoStar University Program
Overview
ƒ What?
Free CoStar access for qualified university programs that offer
coursework in real estate.
ƒ Application process: Go to
http://www.costar.com/SpecialPrograms/CoStarUniversity.aspx
– Fill out the form with student emails and information about the faculty
member as requested.
ƒ Appropriate Uses: For class case work and
research projects, reports.
ƒ Limitations: No data downloads. No use in outside
consulting permitted.
CoStar History
ƒ The industry’s most comprehensive
commercial property database
ƒ Over 3 million U.S. properties
ƒ Over 88,000 Subscribers
ƒ Operations: U.S., U.K., France
ƒ $100 million annual research budget
ƒ Over 1,500 employees & contractors
ƒ Two decades of service
Proactively Collected and Verified
Information
ƒ Research Calls and
screens recorded and
sampled for quality and
training ($millions)
ƒ 40 person independent
Q.C. sampling audit team
ƒ 50 person software
development team
supporting collections
systems
CoStar’s Databases
Public Record Data
Spaces For Lease
Lease Transactions
Properties For Sale
Digital Images
Commercial
Properties
Sales Transactions
2.4 Million
CRE Companies
Tenants
CRE Individuals
Historical Analytics
Demographics
is Our Partner
Traditional Model
Building-Centric Model
Getting Started
www.CoStarUniversity.com
Professor Package
ƒ National Access
ƒ All of CoStar’s Products
– Property Professional
– Comps Professional
– Tenant
ƒ CoStar Support
– Free, On-Site Training
– Free, Unlimited Customer Support
ƒ Continuous Service
Student Package
ƒ Local Data - Nearest Metro Market
ƒ All of CoStar’s Products
– Property Professional
– Comps Professional
– Tenant
ƒ CoStar Support
– On-Site Classroom Training
– Free, Unlimited Customer Support
ƒ Access Ends Last Day of Semester
The Application Process
1. Fill out application and fax in.
2. CoStar sends “no-fee” contract. Sign and
fax back contract.
3. CoStar emails User ID and password.
Using CoStar University
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Use in your own research.
Use in published papers.
Use as teaching aid in classroom.
Use it for class assignments and projects.
Please Don’t Use in private, “for-profit”
endeavors (real estate businesses,
consulting assignments, appraisals, etc)
Real Estate Cycles Can Be Seen…
Classroom Ideas
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Development – Feasibility/Site Studies
Property Acquisition – Pricing/Valuation
Appraisal of a Property
Market Studies
Leasing – Pricing Rents, Finding Space
Forecasting – Rents, Prices
Financial Pro-formas – market input
assumptions
Visit us at…
www.costaruniversity.com