Commercial information
This part provides data and research on office, industrial, retail, and other commercial properties. It helps people search listings, track market activity, and analyze buildings and tenants.
Customers and revenue model
Costar Group Inc
XMUN:RLG
Costar Group Inc
XMUN:RLG
Price:
27.555
EUR
-3.65%
Market Cap:
€11.2B
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Company Overview
Business Description
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- United States of America US
- Employees
- 8 000
- IPO date
- Jul 1, 1998
CoStar Group collects and organizes detailed information about commercial and residential real estate, then sells access to that data through online tools and marketplaces. Its best-known products include CoStar for commercial property research, LoopNet for commercial listings, and Apartments.com and Homes.com for rental and home search. The company helps brokers, landlords, lenders, and tenants find properties, compare markets, and market available space or units.
The company makes money mainly by charging subscriptions and listing or advertising fees. Real estate professionals pay for data, analytics, and workflow tools, while property owners and managers pay to advertise vacancies and attract renters or buyers. That means CoStar sits in the middle of the real estate transaction flow: it does not own the properties, but it helps people value them, market them, and find them.
What sets CoStar apart is its large proprietary database of property records, listings, and market information, which is costly and time-consuming to build. That data supports recurring revenue from customers who rely on it every day. In simple terms, CoStar is part research company, part digital marketplace, and part lead-generation business for real estate.
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