{"id":794660,"date":"2024-12-12T16:08:45","date_gmt":"2024-12-12T21:08:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-group-partners-with-exp-commercial-to-provide-expanded-technology-suite\/"},"modified":"2024-12-12T16:08:45","modified_gmt":"2024-12-12T21:08:45","slug":"costar-group-partners-with-exp-commercial-to-provide-expanded-technology-suite","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-group-partners-with-exp-commercial-to-provide-expanded-technology-suite\/","title":{"rendered":"CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite<\/b><\/p>\n<p class=\"bwalignc\"><i>Global leader in CRE information, analytics and news, partners with a national real estate brokerage to expand growing commercial platform and best serve brokers and clients<\/i><\/p>\n<p>WASHINGTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced an enterprise agreement with eXp Commercial, a nationwide virtual commercial real estate brokerage and subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), to provide its advisors with access to the leading global real estate data and analytics platform.<\/p>\n<p>\nWith this partnership, CoStar Group will equip eXp Commercial advisors with unrivaled insights into national property values, market conditions and availability. eXp Commercial\u2019s advisors will now have access to the largest and most comprehensive global commercial real estate data and analytics platform, with insights on properties and spaces across office, industrial, retail, multifamily, hotel and life sciences nationwide.<\/p>\n<p>\n&#8220;eXp Commercial\u2019s unique cloud-based real estate platform offers a best-in-class experience, and we\u2019re excited to further expand its innovative suite of offerings with access to CoStar,\u201d said<b> Andy Florance, Founder and Chief Executive Officer of CoStar Group<\/b>. \u201cSince our founding, we have been dedicated to transforming the commercial and residential real estate sectors by developing solutions that help our clients discover properties, gain valuable insights, and cultivate connections that enhance their businesses. We look forward to collaborating with eXp Commercial to provide outstanding data and analytics that will better serve the needs of the real estate community.\u201d<\/p>\n<p>\nCoStar offers brokers, professionals and users direct access to property data, seamlessly and efficiently meeting the needs of eXp Commercial\u2019s client and professional user base. eXp Commercial has pioneered the virtual commercial and residential real estate industry through state-of-the-art tools and technology, and access to CoStar\u2019s solution-driven suite of services is expected to contribute to the brokerage\u2019s continued growth in the industry.<\/p>\n<p>\n\u201cWe\u2019re committed to providing our advisors with the foundational technology they need to compete and excel in the industry,\u201d said <b>Sean Murphy, SVP of Growth at eXp Commercial<\/b>. \u201cCoStar is central to this approach \u2014 it equips our advisors with the essential data and insights that empower them to make faster, more informed decisions.\u201d<\/p>\n<p><b>Leo Pareja, CEO, eXp Realty and eXp Commercial<\/b>, highlighted the impact of these new resources: \u201cWe are redefining what\u2019s possible for commercial real estate professionals. By providing access to CoStar, we are offering our advisors the best-in-class tools they need to succeed in this dynamic market.\u201d<\/p>\n<p><b>About CoStar Group<\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over thirteen million average monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France\u2019s leading commercial real estate news service. Thomas Daily is Germany\u2019s largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group\u2019s websites attracted over 163 million average monthly unique visitors in the third quarter of 2024. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, visit CoStarGroup.com.<\/p>\n<p><b>About eXp World Holdings, Inc.<\/b><\/p>\n<p>\neXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Commercial, a nationwide cloud-based commercial real estate brokerage. As a publicly traded company, it offers commercial advisors the unique opportunity to earn equity awards for meeting production goals and driving company growth. With advanced technology and a global network, eXp Commercial helps advisors grow their businesses, increase profitability, and serve clients across commercial sectors like office, industrial, retail, multifamily, land, specialty properties and more. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.expcommercial.com%2F&amp;esheet=54166185&amp;newsitemid=20241212719140&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.expcommercial.com%2F&amp;index=1&amp;md5=f5b26e5e7e7664dc4f723b9701bb02d8\">https:\/\/www.expcommercial.com\/<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fexpworldholdings.com&amp;esheet=54166185&amp;newsitemid=20241212719140&amp;lan=en-US&amp;anchor=https%3A%2F%2Fexpworldholdings.com&amp;index=2&amp;md5=d391848116908ad6a64ff2777d741791\">https:\/\/expworldholdings.com<\/a>.<\/p>\n<p><b>Safe Harbor Statement<\/b><\/p>\n<p>\nThis news release includes &#8220;forward-looking statements&#8221; including, without limitation, statements regarding CoStar Group&#8217;s expectations or beliefs regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the risk that the partnership between CoStar Group and eXp Commercial fails to produce the expected benefits. More information about potential factors that could cause results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, those stated in CoStar Group\u2019s filings from time to time with the Securities and Exchange Commission (the \u201cSEC\u201d), including in CoStar Group\u2019s Annual Report on Form 10-K for the year ended December 31, 2023, which is filed with the SEC, including in the \u201cRisk Factors\u201d section of those filings, as well as CoStar Group\u2019s other filings with the SEC available at the SEC\u2019s website (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54166185&amp;newsitemid=20241212719140&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=3&amp;md5=6a7b148388f2dd94d0c3a8f245e6bf00\">www.sec.gov<\/a>). All forward-looking statements are based on information available to CoStar Group on the date hereof, and CoStar Group assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241212719140r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241212719140\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241212719140\/en\/<\/a><\/span><\/p>\n<p><b>News Media<br \/>\n<\/b><br \/>Matthew Blocher<br \/>\n<br \/>Vice President<br \/>\n<br \/>CoStar Group Corporate Marketing &amp; Communications<br \/>\n<br \/>(202) 346-6775 | <a rel=\"nofollow\" href=\"mailto:mblocher@costar.com\">mblocher@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> District of Columbia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Technology Construction &amp; Property Consulting Professional Services Software Networks Data Analytics Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241212719140\/en\/2331094\/3\/costar-group-logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite Global leader in CRE information, analytics and news, partners with a national real estate brokerage to expand growing commercial platform and best serve brokers and clients WASHINGTON&#8211;(BUSINESS WIRE)&#8211; CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced an enterprise agreement with eXp Commercial, a nationwide virtual commercial real estate brokerage and subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), to provide its advisors with access to the leading global real estate data and analytics platform. With this partnership, CoStar Group will equip eXp Commercial advisors with unrivaled insights into national property values, market conditions and availability. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-group-partners-with-exp-commercial-to-provide-expanded-technology-suite\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-794660","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-group-partners-with-exp-commercial-to-provide-expanded-technology-suite\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CoStar Group Partners with eXp Commercial to Provide Expanded Technology Suite Global leader in CRE information, analytics and news, partners with a national real estate brokerage to expand growing commercial platform and best serve brokers and clients WASHINGTON&#8211;(BUSINESS WIRE)&#8211; CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced an enterprise agreement with eXp Commercial, a nationwide virtual commercial real estate brokerage and subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), to provide its advisors with access to the leading global real estate data and analytics platform. 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(NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, today announced an enterprise agreement with eXp Commercial, a nationwide virtual commercial real estate brokerage and subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), to provide its advisors with access to the leading global real estate data and analytics platform. 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