CoStar Real Estate Manager vs SAP Cloud for Real Estate

Likelihood to Recommend

Gen-Y and younger will have no problem learning how to use CoStar but its not very intuitive for the older generations (they have to hunt and peck for what they are looking for and have no idea how to manipulate the reporting features)

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Amanda Kraft

Client Services Specialist

CBREReal Estate, 10,001+ employees

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An organization that deals in real estate business and has huge capital and infrastructure with various process and functions can implement SAP Cloud for Real Estate, as it helps them to manage and integrate real estate business more effectively. It automates the entire processes and is very much secure and reliable.
Small builders and contractors may find difficult to obtain this software due to its implementation and licensing cost.

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Pros

For my role within the company, I find CoStars database of historical information very helpful. Previous users, owners, financing lien holders, tax information and county data are things I look for on a daily basis.

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Amanda Kraft

Client Services Specialist

CBREReal Estate, 10,001+ employees

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Easy to use and integrates the business processes
Fast and secure
Can be accessed anywhere

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Cons

In our market (Portland, OR), not enough users implement the tools that could make CoStar so much better. For example, I specialize in medical but brokers and owners don't take the time to mark medical as an approved use in their buildings so I have to search much longer and cross-reference the data by contacting the brokers directly.
I find it really annoying that when I download documents CoStar doesn't use smart technology to automatically name my files. It is especially irritating since every piece of marketing we post to CoStar has a relevant file name yet when we download the same file we have to rename it.

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Amanda Kraft

Client Services Specialist

CBREReal Estate, 10,001+ employees

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Huge cost
Lack of SAP consultant in Indian market
More friendly UI

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Usability

No score

No answers yet

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SAP Cloud for Real Estate 8.0

Based on 1 answer

Overall usability is very good. It has good easy User UI and because it's a cloud-based platform, we don't require in-house infrastructure, which has reduced the huge load on the servers. It can be accessed anywhere in a very secure manner. Data is available in an integrated way, which can be used throughout the organization.

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Support Rating

No score

No answers yet

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SAP Cloud for Real Estate 9.0

Based on 1 answer

Support from the team is excellent from the implementation phase to post-implementation phase. Any queries and help is resolved online or in a face-to-face visit by the SAP team. Customer support service is available 24/7. We can write emails, sms, and call for any queries.

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Alternatives Considered

One of our landlords requested we try VTS but we didn't continue because it was such a small portfolio it too more time to update the database than we wanted to spend

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Amanda Kraft

Client Services Specialist

CBREReal Estate, 10,001+ employees

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SAP Cloud for Real Estate is a patch in SAP's ERP package for real estate business. It helps to manage and monitor the real estate market and scenarios. It integrates and automates the entire business process. Lots of customization is available and very good support is available from the SAP team.

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Return on Investment

Since CoStar has linked with LoopNet we have had fewer bad data calls. By which I mean old data from LoopNet that was available to the general public is now more regularly updated through CoStar so we have less confusion with our clients.

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Amanda Kraft

Client Services Specialist

CBREReal Estate, 10,001+ employees

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Increased ROI
Automatic and reliable data availability
Support is very good

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Verified User

Executive in Marketing

Building Materials Company, 5001-10,000 employees

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Pricing Details

General

Free Trial

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Free/Freemium Version

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Premium Consulting/Integration Services

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Entry-level set up fee?

No

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No