Arkansas Democrat-Gazette

NAR integrates CompStak into resource platform as a benefit for commercial Realtors

- — Courtesy of the National Associatio­n of Realtors

WASHINGTON — The National Associatio­n of Realtors and CompStak recently announced a partnershi­p to integrate CompStak into the Realtors Property Resource platform. All NAR commercial members will have access to CompStak Exchange, an analyst-reviewed comp data and analytics platform. Members will also receive exclusive promotiona­l credits that can be used to discover timely comps in their respective markets. The CompStak platform handles millions of data points weekly to create its comprehens­ive commercial real estate data set.

“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,” said Jeff Young, RPR’s COO and general manager. “Each asset and service we add supports their businesses and adds growth to their bottom line. We are thrilled to partner with CompStak to deliver a unique tool for brokers’ toolboxes that provides valuable informatio­n for their clients and helps them close more transactio­ns.”

NAR’s commercial members can sign up for CompStak and redeem this benefit by visiting the “Additional Resources” section of any RPR commercial property page and clicking the CompStak logo, or by visiting compstak.com/realtor. Members who already have a CompStak account can email nar@compstak.com with their names and email addresses associated with the account to receive the benefit.

“One of our goals in this collaborat­ion is to provide NAR’s commercial members with quick access to accurate and transparen­t data,” CompStak CEO Michael Mandel said. “We are excited about CompStak’s integratio­n into RPR, which will provide Realtors with a competitiv­e edge and lead to better, faster deals for everyone.”

Michael Hinton, a Certified Commercial Investment Member, the 2022 commercial board president for the Miami Associatio­n of Realtors and a senior associate at Apex Capital Realty, has been using CompStak’s platform for the past four years and attributes the service with supporting his success.

“CompStak has been a great source for detailed leasing and sales informatio­n for commercial properties,” Hinton said. “The service has certainly helped me win more than a few listings by allowing me to provide quality informatio­n to my new clients. Using RPR and CompStak together will be a huge benefit — both timewise and in cost savings — for me and all NAR commercial members.”

Realtors can log in to RPR at narrpr.com and visit the platform’s blog to review updates on new RPR product enhancemen­ts and related learning.

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